Inflation

Monetary Policy Committee Needs To Be Watchful On Inflation: Minutes

Business | Reuters | Friday June 18, 2021

Earlier in the month, the RBI kept interest rates at record lows and promised to keep its policy accommodative for as long as necessary.

Rupee Records Biggest Daily Fall In Over 2 Months On Hawkish Fed

Business | Reuters | Thursday June 17, 2021

Rupee Vs Dollar Rate Today: Traders said the surge in dollar index to two-month highs after Fed's comments on possible rate hike and a higher inflation projection weighed on all Asian currencies.

Opinion: India vs Brazil - One Of Them Has To Be Right On Inflation

Opinion | Daniel Moss, Bloomberg | Thursday June 17, 2021

Thousands of miles from the corridors of the Federal Reserve and European Central Bank, a struggle between competing views on inflation is unfolding.

Rising Inflation May Force RBI To Focus on Price Stability, Says SBI Report

Business | Reported by Sakshi Bajaj, Edited by Animesh Singh | Wednesday June 16, 2021

SBI Report: If the RBI has to ultimately increase interest rates or change its stance to combat inflation, it may impact incipient signs of recovery.

10-Year Yield Spikes Post Inflation Data, Rupee Hits One-Month Low

Business | Reuters | Tuesday June 15, 2021

The benchmark 10-year bond yield ended at 6.04 per cent, after touching 6.05 per cent, its highest since April 30 and up 4 basis points on the day.

RBI To Focus On Growth Even As Inflation Breaches Tolerance Band

Business | Reuters | Tuesday June 15, 2021

The RBI is unlikely to react yet to multi-month high retail prices as economic recovery remains its prime focus amid the second wave of the pandemic.

Retail Inflation Quickens To 6.3% In May, Highest In Six Months

Business | Edited by Animesh Singh | Monday June 14, 2021

Retail inflation in May 2021 is the highest in six months, as it was 6.93 per cent in November 2020

Sensex, Nifty End Higher As Reliance Gains; Inflation Data In Focus

Business | Reuters | Monday June 14, 2021

Adani Enterprises, the conglomerate's flagship company, ended 6.3 per cent lower. The companies had earlier reduced some losses after they said the report was "erroneous".

Inflation Hits All-Time High Of 12.94% As Crude, Manufacturing Costs Soar

Business | Edited by Animesh Singh | Monday June 14, 2021

Low base effect also contributed to the spike in WPI inflation in May 2021. In May 2020, WPI inflation was at (-) 3.37 per cent.

RBI Tolerates High Inflation As It Seeks Growth, Say Economists

Business | Anirban Nag, Bloomberg | Monday June 14, 2021

The RBI has chosen to look through a recent surge in inflation because it was supply-side driven, and will only turn persistent when demand kicks in, Deputy Governor Michael Patra said at a briefing June 4

Sensex, Nifty Set To Open Higher; GAIL India Shares In Focus

Business | Edited by Abhishek Vasudev | Thursday June 10, 2021

Asian shares edged higher but held their recent trading range on Thursday as investors focussed on U.S. inflation data.

Retail Inflation Likely Rebounded To 5.30% In May 2021: Poll

Business | Reuters | Wednesday June 9, 2021

Retail Inflation In India: The June 4-9 poll of 40 economists showed consumer price inflation rose to 5.30 per cent in May from a year ago, after dipping to a three-month low of 4.29 per cent in April.

Contemplating Investing In Debt Funds? Here's All You Need To Know

Business | NDTV Newsdesk | Tuesday June 8, 2021

In the current economic climate, short-to-medium duration debt funds with low credit and interest rate risk might be the way to go

"Quit Food If Inflation National Calamity", Says BJP MLA, Then Clarifies

India News | Press Trust of India | Friday June 4, 2021

BJP MLA in Chhattisgarh and former state minister Brijmohan Agrawal has stoked a controversy as he said that those who call inflation a national calamity should stop eating food and using petrol.

RBI Keeps Lending Rate At 4%, Projects Real GDP Growth This Year At 9.5%

Business | Edited by Peter Noronha | Friday June 4, 2021

The Reserve Bank of India (RBI) has kept the benchmark rates unchanged and "decided to continue with its accommodative stance as long as necessary to support growth and keep inflation within the target" at a time when the country is battling against the second wave of the pandemic.The central bank has kept the repo rates - the key interest rates at...