-IndiaToday.in Rising international prices of wheat and fuel are pushing wheat prices up at home. There is also a demand for India to export wheat India’s CPI (Consumer Price Index) inflation rose to a 17-month high of 6.95 per cent in March 2022, exceeding the Reserve Bank of India’s inflation target for three consecutive months. The prices of wheat and wheat products in the country have gone up by 15-20 per cent...
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WPI inflation rises to 14.55% in March, completes one year in double-digit territory
-MoneyControl.com The rise in wholesale inflation in March to a four-month high comes after data released on April 12 showed the more closely-tracked headline retail inflation rate jumped to a 17-month high of 6.95 percent last month India's inflation based on the Wholesale Price Index (WPI) rose to a four-month high of 14.55 percent in March from 13.11 percent in February, according to data released by the commerce ministry on April 18. The...
More »Retail Inflation Shot Up to 6.95% in March: Government
-TheWire.in It is for the third straight month that the retail inflation remained above the Reserve Bank of India's comfort zone. New Delhi: Consumer price-based inflation jumped to 6.95% in March, mainly on account of costlier food items, according to government data released on Tuesday. The Consumer Price Index (CPI) based inflation was 6.07% in February. The inflation in the food basket was 7.68% in March, up from 5.85% in the preceding month. It is...
More »Inflation is now the top concern: Reserve Bank of India
-The Telegraph Rising prices have now come to confront central banks globally, particularly after Russia’s invasion of Ukraine Mumbai: The RBI has brought inflation control to the forefront of its agenda. Pilloried for going soft on prices, the central bank sharply raised the inflation forecast for the year and warned it would withdraw its accommodative stance if inflation strayed too far away from the target. The RBI has been prioritising growth over inflation for...
More »Conflicting economic, strategic interests loom over RBI’s Monetary Policy Committee meeting -Mitali Mukherjee
-Scroll.in Warming up to Russia may help as growth forecasts have been cut and fuel prices are rising but could sabotage the tightrope New Delhi is walking with the West. The Reserve Bank of India’s Monetary Policy Committee meeting will kick off on April 6. Much has happened on the politico-economic landscape since the central bank last met and spoke. For starters, growth targets are seeing some salami-slicing of their own. On...
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