Inflation
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Retail inflation spikes to 3.99% in September
Business | October 14, 2019 18:51 ISTIndia's Consumer Price Index (CPI) for September stands at 3.99 per cent as compared to 3.21 per cent in August. September's CPI Food price inflation is 5.11% vs 2.99% in August. Fuel, Light inflation is at -2.18% vs -7.1% in August. Clothing and Footwear Inflation stands at 0.96% vs 1.23% in August. August Consumer Price Index (CPI) has been revised to 3.28% vs 3.21%.
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Inflation under control, clear signs of revival in factory output: Nirmala Sitharaman
Business | September 14, 2019 15:30 ISTFinance Minister Nirmala Sitharaman on Saturday said inflation is under control and there is a clear sign of revival of industrial production.
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Inflation rises to 7-month high in May, IIP growth at 3.4% in April; still room for RBI to cut rate
Business | June 12, 2019 22:43 ISTAccording to the Central Statistics Office (CSO) data, the jump in the retail inflation based on Consumer Price Index (CPI) was mainly due to rise in prices of kitchen items like vegetables, meat and fish.
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WPI inflation slips to 3.07% in April, food prices still high
Business | May 14, 2019 13:13 ISTWholesale price-based inflation slipped to 3.07 per cent in April on cheaper fuel and manufactured items, even as prices of food articles remained high, according to an official data released Tuesday.
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Retail inflation edges up to 2.86 per cent in March on costlier food articles
Business | April 12, 2019 18:50 ISTThe consumer price index (CPI)-based retail inflation was at 2.57 per cent in February this year. On yearly basis, it was 4.28 per cent in March 2018.
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WPI inflation rises to 2.93% in February
Business | March 14, 2019 13:22 ISTInflation based on wholesale prices rose to 2.93 per cent in February over the previous month due to hardening of prices of primary articles, fuel and power, according to government data released Thursday.
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WPI inflation at 8-month low of 3.80 per cent in December as against 4.64 per cent in November
Business | January 14, 2019 12:41 ISTAmong food articles, potato prices became cheaper substantially with inflation at 48.68 per cent in December, as against 86.45 per cent in November.
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Retail inflation slumps to 17-month low of 2.33% in Nov, industrial output up over 8% in Oct
Business | December 12, 2018 23:17 ISTThe Central Statistics Office (CSO) data showed the Consumer Food Price Index (CFPI) deflated further to (-) 2.61 per cent in November from (-)0.86 per cent in October 2018.
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High fuel price pushes WPI inflation to 5.28 per cent in October
Business | November 14, 2018 12:41 ISTAccording to the government data released Wednesday, food articles witnessed softening of prices with deflation at 1.49 per cent in October, against 0.21 per cent September.
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No liquidity crunch in NBFCs, inflation under control: RBI
Business | October 30, 2018 18:42 ISTThe RBI also underlined that inflation was under control and that the $75-billion currency swap agreement with Japan announced on Monday would provide additional resources to the country.
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Retail inflation up marginally to 3.77 per cent in September
Business | October 12, 2018 18:28 ISTThe inflation based on consumer price index (CPI) had declined to a 10-month low of 3.69 per cent in the previous month. In September 2017, it was at 3.28 per cent.
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Wholesale inflation cools off to 4.53% in August despite spiraling petrol, diesel prices
Business | September 14, 2018 12:59 ISTHowever, WPI inflation on manufacturing products increased from 4.26 per cent to 4.43 per cent.
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Link airfares to inflation, do away with dynamic pricing: Parliamentary panel members tell govt officials
India | August 30, 2018 21:54 ISTThe suggestions were made by some members of the Parliamentary Standing Committee on Transport, Tourism and Culture during a meeting with senior officials of the Civil Aviation Ministry on Wednesday.
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No need for 'knee-jerk' reactions on rupee fall: Piyush Goyal
India | June 29, 2018 17:43 ISTAgainst the backdrop of the rupee breaching the 69-mark versus the US dollar and touching lifetime lows on Thursday, Finance Minister Piyush Goyal emphasised that there is no need for any knee-jerk reaction to deal with the situation.
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Rupee sinks to all-time low vs US dollar, breaches 69-mark
Business | June 28, 2018 10:36 ISTConsistent dollar demand from banks and importers, mainly oil refiners, following higher crude oil prices kept the rupee under pressure.
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AIIB 2018 meet in Mumbai: No spike in inflation due to rising crude prices, says PM Modi
Business | June 26, 2018 12:57 ISTArguing that BJP-led government was committed to fiscal consolidation, PM Modi said that the rising crude prices have not resulted in a spike in inflation and the macroeconomic fundamentals of the country remain strong.
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Bring fuel under GST, why to blame others when you have govts in Centre, states? Chidambaram tells BJP
Business | June 11, 2018 14:16 ISTThe ex-FinMin claimed that effects of demonetisation were still evident on India's economy and holding up return on GST filling has further stressed the business owners.
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Fuel price hike burns public's pocket, govt likely to take steps over petrol, diesel price hike
News | May 23, 2018 9:19 ISTFuel price hike burns public's pocket, govt likely to take steps over petrol, diesel price hike
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India's wholesale inflation rises to 3.18 % in April on increased food, fuel prices
Business | May 14, 2018 13:00 ISTWholesale price-indexed (WPI) inflation in India during April rose to four-month high at 3.18 per cent on increasing prices of petrol and diesel as well as fruits and vegetables.
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India fastest growing economy at 7.4 per cent in 2018: IMF
Business | May 09, 2018 11:00 ISTHowever, it added a note of caution: "In India, given increased inflation pressure, monetary policy should maintain a tightening bias."
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