Inflation
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WPI inflation rises to 4.17 per cent in February on costlier food, fuel
Business | Mar 15, 2021, 01:05 PM ISTThe WPI inflation was 2.03 per cent in January and 2.26 per cent in February last year.
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SAD leaders protest against farms laws and inflation outside Punjab Assembly
News | Mar 08, 2021, 10:33 AM ISTThere was a huge commotion outside the Punjab Assembly today. Akali Dal leaders protested against farm laws and inflation.
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Wholesale inflation rises to 2.03% in January from 1.22% in December 2020
Business | Feb 15, 2021, 02:06 PM ISTThe wholesale price-based inflation rose to 2.03 percent in January 2021, even as food prices cooled.
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RBI lowers inflation projection to 5.20% for Q4 FY21, sees it around 5% in H1 next fiscal
Business | Feb 05, 2021, 12:41 PM ISTThe Reserve Bank has lowered the retail inflation projection for the current quarter of this fiscal at 5.2 per cent, saying it has returned within the "tolerance band".
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Fakir-e-Azam: Imran Khan tries to find solution to the growing inflation in his country
Fakir E Azam | Feb 04, 2021, 09:36 AM ISTThe inflation is rapidly growing in Pakistan and Prime Minister Imran Khan is finding no solution as to how to overcome this solution. Watch this political satire.
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Maintaining 4 per cent inflation appropriate for India: RBI paper
Business | Dec 28, 2020, 09:34 PM ISTUnder the current dispensation, the RBI has been mandated by the government to maintain retail inflation at 4 per cent with a margin of 2 per cent on either side.
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Edible oil price currently at highest level in India; further hike likely: Experts
Business | Nov 06, 2020, 09:11 AM ISTAfter potato and onion, the price of edible oil has now gone up in the national capital due to a sharp increase in the cost of oilseeds. There has been a 53 per cent hike in the crude palm oil (CPO) prices in the domestic futures market, in the past six months due to a decline in palm oil production in Malaysia.
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Vegetable prices soar across Delhi, sales affected
Business | Nov 02, 2020, 10:57 AM ISTConsumers in the national capital are being adversely affected due to an increase in the price of vegetables. Meanwhile, the inflation has also reduced the sales made by vendors.
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WPI inflation falls 0.58 per cent in July, food prices spike
Business | Aug 14, 2020, 02:24 PM ISTThe wholesale price-based inflation declined 0.58 per cent in July, even as food items turned costlier. WPI inflation in June was at (-) 1.81 per cent, while for the month of May and April it was (-) 3.37 per cent and (-) 1.57 per cent respectively.
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Inflation likely to be elevated in second quarter: RBI Governor
Business | Aug 06, 2020, 01:13 PM ISTThe Reserve Bank of India (RBI) on Thursday said inflation is expected to be at elevated levels during the second quarter, but may ease in the second half of the current fiscal year.
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WPI inflation falls 1.81 pc in June as against 3.21 pc in May; food prices rise
Business | Jul 14, 2020, 12:49 PM ISTInflation in food articles during June stood at 2.04 per cent, as against 1.13 per cent in May. In fuel and power basket, deflation stood at 13.60 per cent in June, against 19.83 per cent in the previous month.
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WPI inflation declines by 3.21% in May against rise of 2.79% in 2019
Business | Jun 15, 2020, 03:06 PM ISTWholesale price index (WPI) inflation has declined by 3.21 per cent in May against a rise of 2.79 per cent in the year-ago period. The wholesale prices witnessed deflation due to sharp decline in prices of fuel and power, even as food articles turned expensive.
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Pakistan saw highest inflation in the world during 2020: SBP
World | Jun 07, 2020, 12:56 PM ISTFor Pakistans residents, fiscal year 2020 was the worst year as they witnessed highest inflation in the world forcing policy makers to increase interest rate, according to the State Bank of Pakistan (SBP).
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Annual inflation rate drops to 1 pc in March from 2.26 pc in February
Business | Apr 15, 2020, 02:53 PM ISTIndia's annual inflation rate based on wholesale prices eased to 1 per cent in March from a rise of 2.26 per cent in February, official data showed on Wednesday. The fall in March has largely been on account of a sharp fall in food prices in the country. Food inflation in March fell to 4.91 per cent from 7.79 per cent in the previous month.
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SBI Research sees inflation falling below 6 pc in March
Business | Mar 12, 2020, 10:32 PM ISTRetail inflation is on course to fall below 6 per cent in March and close to 5 per cent by August, helping the central bank navigate the coronavirus pandemic with lower interest rates, say SBI analysts.
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Wholesale inflation accelerates to 10-month high of 3.1 pc in Jan on costlier onion, potato
Business | Feb 14, 2020, 06:13 PM ISTWholesale prices-based inflation accelerated to a 10-month high of 3.10 per cent in January mainly due to costlier food articles, particulary onion and potato, official data showed on Friday.
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Wholesale inflation jumps to 3.10 pc in January as against 2.59 pc in December
Business | Feb 14, 2020, 01:21 PM ISTOn a sequential basis, the expenses on manufactured products category, which constitute over 64 per cent of the WPI's total weightage, increased to 0.34 per cent from (-)0.25 per cent.
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Pakistan's January inflation surges to 14.6%, highest in 12 years
World | Feb 02, 2020, 08:20 AM ISTThe data released shows that higher food prices, particularly of wheat and flour, pulses, sugar, jaggery and edible oil, have been the largest driver of overall inflation in January.
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Short-term inflation rise doesn't lead to growth: Expert
Business | Jan 19, 2020, 09:41 AM ISTThe classical economic theory of high inflation leading to the gross domestic product (GDP) growth will not be applicable to India even if the retail inflation has touched 7.35 per cent, since the price rise is led by highly volatile food and vegetables and is a short-term spike.
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Food price rise takes India's inflation to 5-year high: What it means
Business | Jan 14, 2020, 12:13 PM ISTThe retail inflation is on a 5-year high level of 7.4% as of December 2019 majorly driven by the inflation in the food price index, which also stood at 14.12%. A look at key statistics and what holds in future in terms of RBI's rate cut and probable inflation levels in the coming months.