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The Congress on Sunday alleged that the government has mismanaged the economy across all sectors and since it is “too inept” in fixing issues such as unemployment and price rise, it is distorting the data instead. Congress general secretary Jairam Ramesh said now that the special session of Parliament is over, it is clear that…
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RBI Governor said the central bank is committed to bringing down inflation to 4 per cent New Delhi: Reserve Bank Governor Shaktikanta Das today said the central bank is committed to bringing down inflation to 4 per cent and will remain watchful of risks as more frequent global supply shocks can have profound implications on…
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Grocery item put on display for sale at a market, in New Delhi. File | Photo Credit: Sushil Kumar Verma India’s inflation woes are not over yet but food price spikes may be “transitory”, the Finance Ministry said on August 22, attributing the latest spike in headline inflation to global uncertainties triggered by the termination…
Read More “Inflation pressures may linger, but food prices to cool soon: Finanace Ministry” »
The decline in the inflation rate in June is primarily due to a fall in prices of mineral oils, food products | Photo Credit: Reuters India’s wholesale prices remained in deflationary territory for the third successive month in June, with the pace of price contraction from a year ago quickening to -4.12% from -3.48% in…
Vegetables on sale at Azadpur Mandi in New Delhi on July 12, 2023. | Photo Credit: PTI India’s retail inflation hardened in June to a three-month high of 4.81% from 4.31% in May, driven by a spike in food price inflation to 4.5% from less than 3% in the previous month, owing to rising costs…
Read More “June 2023 inflation quickens to 4.8% as food prices climb” »