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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...

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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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Pradeep Multani, president of the PHD Chamber of Commerce and Industry, interviewed by Kaushal Shroff (TheWire.in)

-TheWire.in Pradeep Multani, president of the PHD Chamber of Commerce and Industry, talks about how the shortage of raw materials and high input prices are posing a challenge to small businesses in India. Mumbai: Inflation pressures are looming ominously on the Indian business horizon. While the margins of large domestic and multinational corporations have come under pressure, they still have the balance sheet heft to absorb raw material price shocks and the...

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FMCG CEOs flag rural slowdown

-Livemint.com Top packaged consumer goods companies had also flagged slowing rural demand in the December quarter, citing Inflationary pressures NEW DELHI: Top honchos of large fast moving consumer goods companies have flagged slowdown in rural demand in the March quarter, citing high Inflation across products and commodities. Analysts Manoj Menon, Aniket Sethi, and Karan Bhuwania at brokerage ICICI Securities interviewed chief executive officers of companies such as Marico Ltd., Dabur India, and Tata...

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Food grain traders of Dhanbad protest against tax hike -Praduman Choubey

-The Telegraph Merchants fear the new decision may result in corruption Dhandbad: Food grain traders across the state are up in arms against the new Jharkhand State Agricultural Produce and Livestock Marketing Act 2022 implemented by government as per which a 2% Bazar fee is to be imposed on all transactions held in 'Agriculture Produce Market Committee' operated markets across the state. The protesting food grain traders have termed the decision of the...

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