Inflation

Steps taken by RBI and govt to cut duration of high inflation: Finmin report

Photo source: FILLE PHOTO CPI (Consumer Price Index) -based inflation averaged 5.5 percent in FY22, 50 basis points lower than the upper limit of the RBI Monetary Policy Committee’s inflation band. The finance ministry on Thursday said the measures taken by the RBI and the government would curb the period of high fuel inflation due …

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Retail inflation rises to 6.95 percent in March against 6.07 percent in February food inflation to 7.68 percent

Photo source: File photo Representative images. Highlights Consumer price-based inflation jumped to 6.95 percent in March Retail inflation was 6.08 percent in February Inflation in the food basket was 7.68 percent in March, rising to 5.85 percent According to official data released on Tuesday, consumer price-based inflation rose to 6.95 percent in March, mainly due …

Retail inflation rises to 6.95 percent in March against 6.07 percent in February food inflation to 7.68 percent Read More »

Moody’s slashes 2022 India growth estimate to 9.1%

Photo source: FILE Moody’s 2022 lowers India’s growth forecast to 9.1% Highlights Moody’s downgraded India’s growth forecast for the current year from 9.5% to 9.1% It said higher energy and fertilizer import bills could limit the government’s capital expenditure It says Russia’s aggression in Ukraine will hurt economic growth Moody’s on Thursday slashed India’s growth …

Moody’s slashes 2022 India growth estimate to 9.1% Read More »