HEADLINE INFLATION

A revision of India's Consumer Price Index (CPI) is underway, potentially reducing the weightage of food items. This change, based on the latest Household Consumption Expenditure Survey, could lower both headline inflation and its volatility. Expert...

RBI Governor Shaktikanta Das reaffirmed the central bank's commitment to achieving the 4% inflation target, effectively ruling out immediate rate cuts. His comments come amidst calls for rate reductions from government officials. While acknowledging...

RBI Governor Shaktikanta Das stated that the central bank is committed to achieving the 4% inflation target. He emphasized that macroeconomic stability is a shared responsibility of the central bank and the government. Das highlighted the importance...

The Reserve Bank of India's latest bulletin highlights that India's economic slowdown in Q2 of 2024-25 has eased, with private consumption driving domestic demand, especially boosted by festival spending in Q3. Despite global economic resilience, th...

Despite festive spending and a recovering agricultural sector boosting the Indian economy, rising inflation threatens to undermine growth, particularly in industry and exports, according to RBI researchers. While financial markets experience correct...

India's economy is experiencing robust growth, projected to hit 7.2% in 2024, driven by strong consumer spending and investment. Despite recent inflation spikes due to food prices, Moody's predicts moderation and highlights India's strong economic f...

India's middle class is tightening its belt as high inflation eats into their spending power. This slowdown in urban consumption, evident in declining sales of everything from cookies to restaurant meals, threatens India's economic growth. While off...

The Reserve Bank of India may not reduce interest rates in February. Inflation is a concern. SBI Research predicts inflation will ease slightly from January. However, this easing will be due to base effects and not lower prices. Food inflation, part...

India's retail inflation rose to 6.21 percent in October. This is a significant increase from September's 5.49 percent. Food prices are the main reason for this surge. This is the first time since August that inflation has gone beyond the Reserve Ba...

The continued spurt in food prices and fading of the high base effect likely led to a spike in October retail inflation figures. According to a report by the Union Bank of India, retail inflation based on the Consumer Price Index is seen jumping to ...

RBI Governor Shaktikanta Das cautioned against interpreting the recent shift to a neutral monetary policy stance as a signal for imminent rate cuts. Despite speculation, Das emphasized that reducing interest rates now would be risky given the "signi...

India's manufacturing sector saw significant growth in October after three months of slowdown. Improved demand boosted job creation and a positive business outlook. New orders, both domestic and international, surged. Despite higher inflation, the o...

The Finance Ministry's Economic Survey indicates softening inflation expectations in India, with underlying demand remaining stable despite food price fluctuations. It emphasizes that core inflation remains within a comfortable range, and projection...

India's inflation trajectory is expected to moderate from Q4 of the fiscal year, despite risks posed by unexpected weather events and geopolitical conflicts, according to RBI Governor Shaktikanta Das. The focus remains on achieving a durable 4% infl...

A paper by senior Reserve Bank of India (RBI) staff revealed that the central bank's cumulative rate hikes of 2.5 percentage points since May 2022 have negatively impacted headline inflation by 1.60%. The study, which does not reflect the official v...

RBI is expected to decide on a potential 25 basis points cut in its policy rate as inflation remains below the target level. With a slowing growth momentum and a cooling down of food inflation, it's crucial for supporting economic growth. Global cen...

Ashima Goyal, a member of India's Monetary Policy Committee, emphasized the importance of focusing on core inflation for long-term household inflation expectations. She suggested that the committee should provide guidance on liquidity conditions. Go...

External members of India's rate-setting panel suggested keeping headline inflation as the target for monetary policy. They emphasized that headline inflation captures overall price pressures including volatile food and fuel prices. While core infla...

In July, India's wholesale inflation, measured by the Wholesale Price Index, eased to 2.04% annually from a 16-month high of 3.36% in June, surpassing a Reuters poll estimate of 2.39%. Retail inflation also slowed to 3.54%, the lowest in nearly five...