Elephant of inflation returning to the forest: RBI governor
The strong growth momentum, together with our GDP projections for 2024-25, give us the policy space to unwaveringly focus on price stability, says Shaktikanta Das
food prices
April 2024
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August 2023
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October 2022
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Outlook for low core inflation ‘good’: FinMin
There has been a stable downward movement in core inflation and moderation in food prices; core inflation for FY24 lowest since FY21, says the ministry
Elevated inflation challenges macro stability: FinMin
It may be noted that headline retail inflation in the economy spiked to 7.4% in July 2023, with specific food commodities mainly driving the increase.
ADB retains India’s GDP forecast at 6.4% for FY2023
In India, ADB thinks, investment growth will remain "robust", underpinned by "strong" bank credit growth & demand for housing, and supported by RBI’s policy
June retail inflation surges to 4.81% on high food prices
With June inflation numbers out, the first quarter average retail inflation for 2023-24 stands at 4.6%, in line with RBI’s estimates
Retail inflation cools to 15-month low of 5.6% on easing food prices
CPI-based inflation falls within the Reserve Bank of India’s target band of 4%-6%.
‘Logistical marvel’: IMF says India's DBT scheme is ‘quite impressive’
Paolo Mauro, deputy director, fiscal affairs dept at IMF, says it’s a logistical marvel that programmes helping people at low-income levels reach hundreds of millions of people in India.
Retail inflation rises to 5-month high of 7.4% in Sept
Retail inflation rose in both rural and urban areas. India's factory output saw a contraction of 0.8% in August 2022.
Can India Be a Global Food Bowl?
India has the ability to become the world's largest food producer, but feeding the globe while ensuring food security to its 1.4 billion people is not going to be an easy task.
RBI says inflation peaking; will bring it back to target in 2 years
If the monsoon brings with it a more benign outlook on food prices, India would have tamed the inflation crisis even earlier, the Reserve Bank says.
