India Inflation

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Here are the top BS Opinion articles of the day

Moody's slashes India's 2022 GDP growth forecast by 30 bps to 8.8 per cent

In its update to Global Macro Outlook 2022-23, Moody's said high-frequency data suggests that the growth momentum from December quarter 2021 carried through into the first four months this year

India's retirees tap savings, cut down expenses as living costs soar

Sharply rising prices are hitting older people the world over as global supply problems caused by the pandemic -- and made worse by the Ukraine war -- propel food and fuel costs higher

India considers tax cut on soybean and sunflower oil to cool prices: Report

Curbing the tax could be one of the limited options available for the government to reduce surging vegetable oil prices in the world's second most-populous nation

Heatwaves may make India's inflation problem worse, hurt growth: Moody's

Over the longer term, India's highly negative credit exposure to physical climate risks means its economic growth will become more volatile

Cong slams govt over inflation, says stop resorting to 'optical delusion'

A day after the government cut excise duty on petrol and diesel, the Congress on Sunday accused the BJP of resorting to "trickery" to create an "optical delusion''

Gyanvapi row an attempt to divert attention from economic situation: Pawar

The resurrection of controversy surrounding Varanasi's Gyanvapi mosque was a part of efforts by the BJP to divert people's attention from the issues such as inflation and unemployment, Sharad Pawar

'Soaring prices' hurting middle class, says Congress leader Chidambaram

P Chidambaram on Friday highlighted the "plight" of the middle class due to rising prices of daily use items and said if such is their state, imagine the "terrible pain" of the poor families.

Priyanka slams govt on inflation, says people may have to take loans

Congress leader Priyanka Gandhi Vadra attacked the Centre over rising prices, alleging that not a single policy of the BJP govt is aimed at enhancing the income of the middle class and the poor

Wheat export ban marginally positive for India inflation: British Brokerage

The ban on wheat exports is only "marginally positive" for the domestic inflation outlook, a British brokerage said on Tuesday.

Finance ministry didn't claim inflation hurts rich more than poor, says PIB

The claim and counterclaim over inflation come at a time when retail inflation rose to an eight-year high in April to 7.8 per cent

RBI likely to hike rates by 75 bps by August, say SBI economists

The economists said they did a study of the Russian invasion's impact on inflation, which revealed that 59 per cent of the jump in prices is due to geopolitical events

Vehicle fuel prices responsible for around 30% of April inflation spurt

The RBI's Monetary Policy Committee is likely to hike the repo rate in June after it had announced a 40 basis point increase in it in an off-cycle announcement earlier this month

Inflation: Why RBI should have paid more attention to detergent prices

Operating at magic price points is like running a high-school experiment in "titration," dripping a liquid of known properties into another of unknown concentration and stopping when the color changes

Indian economy witnessing V-shaped recovery after pandemic: Rajnath Singh

Singh was addressing a workshop on the financial market organised by the Lucknow branch of Central India Regional Council (CIRC) of the Institute of Chartered Accountants of India

Wheat export ban to reign in inflation, no threat to food security: Govt

Hours after it imposed a ban on wheat export, the government on Saturday said it has adequate food stocks, there is no threat to food security

India is among the least favoured markets in Asia: Sunil Tirumalai of UBS

As liquidity starts drying up, banks rates start rising and market returns struggle, we expect some level of softness in household market allocations, he said

'Achhe din' should be archived and forgotten: NCP on 8-year high inflation

In an attack on BJP, NCP spokesperson Clyde Crasto also sarcastically said it needs to be seen who will be blamed for the same and what will be the new diversion to hide this "failure"

Consumer durables to see 3%-5% price hikes amid costlier imports: Industry

The depreciating Indian rupee against the US dollar has put woes on manufacturers as imported components have become costlier, with the industry largely being dependent on imports for key components

Steps taken by RBI, govt to cut duration of high inflation: FinMin report

'Evidence on consumption patterns further suggests that inflation in India has a lesser impact on low-income strata than on high-income groups,' the finance ministry's monthly economic review said