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LATEST NEWS UPDATES | Retail inflation rises sharply to 7.35% in Dec 2019 from 5.54% in Nov

LATEST NEWS UPDATES

Retail inflation rises sharply to 7.35% in Dec 2019 from 5.54% in Nov


January 14, 2020

-PTI In Nov, retail inflation had jumped to a more than three-year high of 5.54 per cent on costlier food products Retail inflation rose to about five-and-half year high of 7.35 per cent in December 2019, surpassing the RBI's comfort level, mainly due to spiralling prices of...

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Onions shouldn't hold up review of inflation target -Karan Bhasin
January 14, 2020

-Livemint.com With the term of the current monetary policy committee ending in September, it’s time to review the performance of the rate-setting framework Last year, there were calls to review RBI’s inflation targeting framework. With the term of the current monetary policy committee ending in September, it’s...

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CCI to investigate Flipkart, Amazon deep discounting on mobile phones
January 14, 2020

-IANS CCI to investigate Flipkart, Amazon deep discounting on mobile phones New Delhi: The Competition Commission of India (CCI) has launched an investigation to find out if the exclusive arrangements, deep discounting and preferential listing by e-commerce marketplaces like Amazon and Flipkart for mobile phones are causing...

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Retail inflation rose to 7.35% in December -- the highest since July 2014
January 13, 2020

-Scroll.in The figures breached the tolerance band of the Reserve Bank of India’s Monetary Policy Committee Retail inflation rose to 7.35% in December from 5.54% the month before, government data showed on Monday. The rate of inflation exceeded the tolerance band of the Reserve Bank of India’s...

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Bid to extend 15% tax relief duration -R. Suryamurthy
January 13, 2020

-The Telegraph Lower corporate tax of 15% valid till March 2023 The government is exploring the possibility of extending the duration of the corporate tax relief to new units beyond March 2023. Sources said the commerce ministry had taken up the issue to extend the benefits to seven...

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