Retail Inflation

Economists expect 40-50 bps hike in repo rate by MPC next month

The consequences of such confused messaging were felt in the lack of bidders for BPCL, forcing Delhi to abandon efforts to privatise the refiner

The recent EV scooter fires were caused by defects in their batteries, including in the designs of the battery packs and modules, a DRDO report said. Read more in our top headlines.

In April, the wholesale food price index rose 8.9 per cent, while the consumer food price index rose 8.4 per cent

If India's wheat ban leads to higher price of substitutes like rice, then there could be upward pressure on other food prices

Companies have moved toward lighter loads in their cheapest packages amid rising costs of edible oils, grains and fuel

Factory output shows poor growth at 1.9% in March

The jump in CPI inflation has been long anticipated following the Central govt's decision to wait until after key state elections in March to hike fuel prices

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CLOSING BELL :: The S&P BSE Sensex opened gap-down and sunk 1,386 points intra-day to hit a low of 52,702 levels

For the RBI, a correct reading of its mandate would have been that the inflation target is 4%, not 6%. And action to raise interest rates should have begun last year, writes T N Ninan

Consumer price index (CPI)-based inflation rate rose to 6.95 per cent in March 2022 from 6.07 per cent in the previous month

Retail inflation for industrial workers rose to 5.35 per cent in March from 5.04 per cent in February this year, mainly due to higher prices of certain food items.

Retail inflation has overshot the 6% upper tolerance limit for three years on the trot; experts say protracted Ukraine war and other factors may keep prices up

The major contribution towards the rise in the general index of agricultural labourers and rural labourers came from the clothing, bedding and footwear group

CPI inflation was more pronounced in rural areas from January in FY22

Price rise in fuels will only reflect in April numbers

Nearly 7% retail inflation in March may spur policy tightening

Food and oil prices push inflation to 17-month high

This is owing to elevated oil and commodity prices