Page 44 - Latest Updates on Inflation
India's inflation likely fell to a 3-month low in February: Poll
Inflation eased to 6.80%, lower than January's 7.59%, according to a poll of economists
 "India's inflation likely fell to a 3-month low in February: Poll")
Worst may be behind us, signs of turnaround visible in economy: Prem Watsa
High reservoir levels and soil moisture levels point to a good rabi harvest that could cool inflation and revive consumer demand
 "Worst may be behind us, signs of turnaround visible in economy: Prem Watsa")
PMI: India's services sector growth hits 7-year high of 57.5 in February
Exports zoom but job growth at 3-month low
 "PMI: India's services sector growth hits 7-year high of 57.5 in February")
Salaries of around 30 mn industrial workers set to rise with new CPI series
The weight for food and beverages components will decline from 46% to 39% in the new series
 "Salaries of around 30 mn industrial workers set to rise with new CPI series")
Risks to revival
The spread of coronavirus adds to significant uncertainty
 "Risks to revival")
Best of BS Opinion: Coronavirus epidemic, climate-change impacts, and more
Can the coronavirus epidemic could lead to encouraging responses and who will succeed Aditya Puri
 "Best of BS Opinion: Coronavirus epidemic, climate-change impacts, and more")
Happy birthday, inflation targeting
The Ministry of Finance and the Reserve Bank of India signed a Monetary Policy Framework Agreement on February 20, 2015
 "Happy birthday, inflation targeting")
RBI alone cannot contain inflation, govt too has responsibility: Rangarajan
Rangarajan said the adoption of inflation targeting by India has given rise to many doubts and concerns
 "RBI alone cannot contain inflation, govt too has responsibility: Rangarajan")
The ECB wants to talk to you about inflation. But will it listen?
Just last October her predecessor, then President Mario Draghi, had expressed his reservations about communicating with the public at large rather than finance aficionados
 "The ECB wants to talk to you about inflation. But will it listen?")
Budget proposals won't have much inflationary impact, says RBI Governor Das
Retail inflation based on consumer price index (CPI) soared to a near six-year high of 7.59% in January
 "Budget proposals won't have much inflationary impact, says RBI Governor Das")
Wholesale inflation rises to 3.1% in January vs 2.59% in December
The wholesale inflation of food articles declined 1 per cent in January, according to the Ministry of Commerce
 "Wholesale inflation rises to 3.1% in January vs 2.59% in December")
Inflation to go below 4.5% by July: CEA Krishnamurthy Subramanian
Says vegetable prices may moderate after fresh harvest in March
 "Inflation to go below 4.5% by July: CEA Krishnamurthy Subramanian")
Retail inflation spikes to 7.59% in January; December IIP at -0.3%
Retail inflation rose sharply to 7.35 per cent in December 2019.
Price rise in food and other items flagged by RBI in inflation outlook
As of December, most of these items have seen their prices rise in double digits, barring milk
 "Price rise in food and other items flagged by RBI in inflation outlook")
RBI policy: Repo rate unchanged at 5.15%; FY21 GDP growth projected at 6%
The committee voted 6-0 in favour of the status quo on the interest rates.
 "RBI policy: Repo rate unchanged at 5.15%; FY21 GDP growth projected at 6%")
RBI raises CPI inflation to 6.5% for Oct-Dec, outlook 'highly uncertain'
Going forward, the inflation outlook is likely to be influenced by several factors like food inflation, crude prices and input costs for services, RBI said
 "RBI raises CPI inflation to 6.5% for Oct-Dec, outlook 'highly uncertain'")
Budget 2020: Nirmala Sitharaman uses fiscal space to spur the economy
Widest deviation from fiscal deficit seen under Modi government
 "Budget 2020: Nirmala Sitharaman uses fiscal space to spur the economy")
Budget 2020: Govt to set up price stabilization fund to rein in inflation
The consumer price index-based retail inflation spiked to over five-year high of 7.35 per cent in December 2019.
 "Budget 2020: Govt to set up price stabilization fund to rein in inflation")
Wealth creation to Thalinomics: All you must know about Economic Survey '20
The overarching theme of the Economic Survey 2019-20 is creation of wealth over time and the implementation of policies that act as enablers in creation of this wealth
 "Wealth creation to Thalinomics: All you must know about Economic Survey '20")
RBI Guv calls for structural reforms and fiscal measures to boost growth
The RBI cut rates by 135 basis points last year even as growth fell to a 10-year low in the second half of the fiscal year.
