CPI Inflation

In December, the CPI-based inflation was 5.72% with core inflation at 6.10%

In December, the CPI-based inflation was 5.72% with core inflation at 6.10%

In December, the CPI-based inflation was 5.72% with core inflation at 6.10%

Basu further said India's big challenge is unemployment and joblessness as youth unemployment in India is over 24 per cent, which is among the highest in the world

But experts call for other fiscal measures too to bring inflation down

How has Adani group charted its success over three decades? Is Ambuja Cement & ACC merger on the cards? How's India Inc making employees return to office? What is CPI-based inflation? All answers here

The Reserve Bank of India (RBI) has revised downwards its growth projection for FY23 to 7.2 per cent from 7.8 per cent earlier

Exchange rate stabilisation will import high tradeables inflation into India

March inflation has surged to 6.95% in India. The government, however, is keen to share some burden if oil prices remain above $ 110 per barrel mark. But is there a relief in the offing?

March inflation has surged to 6.95% in India. The government, however, is keen to share some burden if oil prices remain above $ 110 per barrel mark. But is there a relief in the offing?

Price pressure will need a monetary response

Annual retail inflation shot up to a 17-month high of 6.95 per cent in March from a year ago, remaining above the tolerance limit of the Reserve Bank of India (RBI) for a third straight month

Besides the petrol, diesel and LPG prices, compounding the woes for manufacturers and consumers alike is the sharp hike in prices of natural gas starting April 1 for a period of six months

The scheme also offers better returns than other most other investment avenues

The exodus of foreign investors was largely owing to inflationary pressures and deepening global macroeconomic conditions following the Russia-Ukraine war, experts said

Instead of a recovery in gross margins in fiscal 2022-23 (FY23), Jefferies now builds-in 50-200 basis point (bps) YoY decline, assuming crude stays closer to $100 a barrel and palm oil at $1,500/MT

Retail prices of petrol and diesel had been on a freeze since October 2021 when crude oil prices were hovering around $80 a barrel

There are several reasons for the lack of uniformity, such as depreciation of other currencies, essential nature of crude imports and global fluctuations in energy prices

The metric, in fact, rose to as much as 8.44% last May, when second Covid wave was on; analysts cite huge demand-supply gap, rising staff costs for state of affairs

Based on the existing value-added tax (VAT) structure and taking Brent crude price of $100 - $110 per barrel, SBI believes diesel and petrol prices should have been higher by Rs 9-14 each by now