Inflation

Hike In Fuel Prices A Cruel Step, Will Increase People's Misery: Mayawati

India News | Press Trust of India | Tuesday August 20, 2019

Bahujan Samaj Party chief Mayawati today slammed the hike in petrol and diesel prices in Uttar Pradesh, saying it would further increase the "misery" of people hit by inflation and unemployment.

Wholesale Inflation Eases To 25-Month Low Of 1.08% In July

Business | Edited by Sandeep Singh | Wednesday August 14, 2019

The wholesale inflation data comes a day after separate official data showed consumer inflation (gauged by the Consumer Price Index) eased to 3.15 per cent last month, from 3.18 per cent in June.

Retail Inflation In July Low Enough To Allow A Fifth Rate Cut: Experts

Business | Thomson Reuters | Tuesday August 13, 2019

Retail inflation in July was 3.15 per cent, down from an eight-month high of 3.18 per cent in June, government data showed on Tuesday.

Consumer Inflation Eases To 3.15% In July

Business | Edited by Sandeep Singh | Tuesday August 13, 2019

The RBI projects retail inflation at 3.1% in the second quarter and 3.5-3.7% in the second half of the current financial year.

RBI To Cut Interest Rates Again In October And Early Next Year: Poll

Business | Thomson Reuters | Friday August 9, 2019

The RBI lowered its economic growth forecast for the current fiscal year on Wednesday and said inflation would not breach its medium-term target of 4 per cent in the near-term.

RBI Keeps Consumer Inflation Projection Within Target For Next 12 Months

Business | Press Trust of India | Wednesday August 7, 2019

The RBI has cut the key repo rate - at which it lends to banks - by 0.35 per cent to 5.40 per cent.

Consumer Inflation Likely Rose To Nine-Month High In July: Poll

Business | Thomson Reuters | Wednesday August 7, 2019

The July 31-August 6 poll of 30 economists showed retail inflation rose to 3.20 per cent in July from a year ago, a touch above June's 3.18 per cent.

Federal Reserve Cuts Interest Rates For First Time Since 2008

Business | Thomson Reuters | Thursday August 1, 2019

Fed Chairman Jerome Powell cited signs of a global slowdown, simmering US trade tensions and a desire to boost too-low inflation in explaining the central bank's decision to lower borrowing costs for the first time since 2008.

Honda Jazz, Honda City, Honda Civic, Honda CR-V, Honda Accord Recalled In India

CarAndBike Team | Tuesday July 30, 2019

As many as 5,088 cars of Honda Car India have been recalled in India to replace airbag inflators. The recall is part of Honda's global announcement to replace airbag inflators in as many as 16 lakh vehicles.

Microsoft to Pay $26 Million to Settle Probe Into Hungarian Kickback Scheme

Jay Greene, The Washington Post | Tuesday July 23, 2019

Microsoft will pay $26 million to settle claims that it violated the Foreign Corrupt Practices Act when a handful of Hungarian employees inflated margins on software sales to fund an improper payment scheme.

Difficult To Say When Shadow Bank Crisis Will Finish: Shaktikanta Das

Business | Anirban Nag, Siddhartha Singh and Unni Krishnan, Bloomberg | Monday July 22, 2019

RBI Governor Shaktikanta Das said that effectively, the rate cuts has been 100 basis points if you take into account the change in stance.

Ford Recalls 22,690 Endeavour SUVs In India For Faulty Airbag Inflators

CarAndBike Team | Friday July 19, 2019

The recall is a voluntary one and has been prompted to inspect the front airbag inflators on the Endeavour. The affected lot had been made at the company's Chennai plant between February 2004 and September 2014.

Wholesale Price Index Inflation Eases To Near 2 Year Low At 2.02% In June

PTI | Monday July 15, 2019

Wholesale price-based inflation declined for the second consecutive month to its 23-month low of 2.02 per cent in June, helped by decline in prices of vegetables as well as fuel and power items, according to official data released Monday.

Wholesale Inflation Eases To 2.02% in June

Business | Press Trust of India | Monday July 15, 2019

Build up inflation rate in the financial year so far was 1.33 per cent compared to a buildup rate of 2.41 per cent in the corresponding period of the previous year.

Trump Administration Freezing Fuel Efficiency Penalties In The US

Reuters | Sunday July 14, 2019

The Trump administration said late on Friday it was issuing final rules to suspend a 2016 Obama administration regulation that more than doubled penalties for automakers failing to meet fuel efficiency requirements. Congress in 2015 ordered federal agencies to adjust a wide range of civil penalties to account for inflation and, in response, the Nat...