Inflation

Gold Prices Fall For Second Straight Day: 5 Things To Know

Business | NDTV Profit Team | Tuesday August 14, 2018

Gold prices fell for second straight day on Tuesday even as global prices of the yellow metal recovered from 17-month lows hit on Monday. Safe haven buying did not help lift gold prices, said experts. Strength in the dollar led to weakness in the rupee which hit an all-time low of 70.09 against the US dollar. There was a lot of economic turmoil aft...

July Wholesale Inflation Eases To 5.09% In July

Business | NDTV Profit Team | Tuesday August 14, 2018

The rate of wholesale inflation fell due to cheaper food articles, especially fruits and vegetables.

As Consumer Inflation Eases In July, RBI Seen Holding Key Interest Rates

Business | Thomson Reuters | Monday August 13, 2018

The RBI has raised its benchmark rate by a total of 50 basis points at its past two meetings, to 6.5 per cent, while warning about inflationary pressures. On Monday, the rupee touched an all-time low of 69.95 against the dollar on concerns about contagion from Turkey spilling over to other emerging markets.

Consumer Inflation Dips To 4.17% In July: Here's What Experts Have To Say

Business | Thomson Reuters | Monday August 13, 2018

Analysts polled by Reuters had forecast July's annual increase in the consumer price index at 4.51 percent, compared with June's 5.00 per cent.

Consumer Inflation Eases To 4.17% In July

Business | NDTV Profit Team | Monday August 13, 2018

Determined by Consumer Price Index (CPI), consumer or retail inflation in June was revised to 4.92per cent, from a provisional 5 per cent previously. The RBI has projected retail inflation at 4.6 per cent in the second quarter of the financial year and 4.8 per cent in the second half.

RBI Will Have To Tighten Monetary Policy To Control Inflation, Says IMF

Business | Thomson Reuters | Wednesday August 8, 2018

"The RBI will need to gradually tighten policy further, in response to inflationary pressures, which will help to build monetary credibility," the IMF said in its annual report.

US Federal Reserve Keeps Interest Rates Unchanged

Business | Thomson Reuters | Thursday August 2, 2018

The Fed said economic growth has been rising strongly and the job market has continued to strengthen while inflation has remained near the central bank's 2 per cent target since its last policy meeting in June, when it raised rates.

Home Loans Costlier After RBI's Second Back-To-Back Rate Hike In 5 Years

Business | NDTV Profit Team | Wednesday August 1, 2018

RBI Policy: The reverse repo rate or the rate at which RBI borrows from commercial banks stands adjusted to 6.25 per cent.

What To Expect From RBI Policy Statement Today: 10 Points

Business | NDTV Profit Team | Wednesday August 1, 2018

The Reserve Bank of India (RBI) will release its monetary policy statement today. Analysts will watch the outcome of the three-day meeting closely to find out whether the central bank's Monetary Policy Committee decides to hike the repo rate - the key rate at which the RBI lends short-term funds to commercial banks - or introduce a more aggressive ...

RBI Seen Changing Policy Stance To 'Hawkish' From 'Neutral' On August 1

Business | Indo-Asian News Service | Monday July 30, 2018

Retail inflation has gone beyond the RBI's revised projection of 4.8-4.9 per cent for the first half of the fiscal year.

Gold Prices Slip, Silver Follows Suit: 5 Things To Know

Business | NDTV Profit Team | Monday July 30, 2018

Investor sentiment turned bearish owing to subdued trend overseas where gold weakened today as the dollar stood tall against its peers ahead of key central bank meetings and US inflation and payrolls data this week, traders said.

Wholesale Inflation Soars To Highest Level In Over Four Years

Business | NDTV Profit Team | Monday July 16, 2018

Wholesale inflation for the month of June stood at 5.77 per cent against 4.43 per cent of May and 0.90 per cent during the corresponding month of the previous year, according to official data released on Monday.

"Retail Inflation Hits 5-Month High": P Chidambaram Takes Dig At Centre

India News | Press Trust of India | Saturday July 14, 2018

Former finance minister P Chidambaram on Friday attacked the government for the slip in industrial production growth and said that retail inflation had hit a five-month high.

Sensex, Nifty Close Flat After Inflation Soars

Business | NDTV Profit Team | Friday July 13, 2018

Sensex, Nifty on Friday: Annual retail inflation rose 5 per cent in June, but was below market expectations, according to a Thomson Reuters poll.

As Inflation Soars, RBI Likely To Hike Key Rates Twice In 2018-19: Experts

Business | Thomson Reuters | Thursday July 12, 2018

June was the eighth straight month in which inflation was higher than the central bank's medium-term target of 4 per cent.