-The Telegraph Food inflation, which accounts for nearly half the CPI basket, soared 8.60% in September 2022 as against 7.62% in August Driven by rising food prices, India's Retail inflation accelerated to 7.41% in September, the fastest pace in five months, data released by the National Statistical Office (NSO) showed on Wednesday. The number stayed well above the Reserve Bank of India's (RBI) upper tolerance band for the ninth straight month. This...
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Inflation Likely Hit Five-Month High in September on Food Prices: Reuters Poll -Arsh Tushar Mogre
-TheWire.in A Reuters poll suggested inflation rose to an annual 7.3% in September from 7% in the previous month. If realised, that would be the highest since May 2022. Bengaluru: India‘s Retail inflation accelerated to a five month high of 7.3% in September due to surging food prices, staying well above the Reserve Bank of India‘s (RBI) upper tolerance band for a ninth month, a Reuters poll found. Fueled by erratic rainfall and...
More »CNG, piped cooking gas prices hiked by Rs 3
-PTI/ The Telegraph This is the 14th increase in price since March 7 The prices of CNG and cooking gas piped to household kitchens in the national capital on Saturday hiked by Rs 3 each in step with rise in input natural gas prices. The Rs 3 per kg increase in CNG price is the first hike in rates in over four months, while a Rs 3 per standard cubic metres increase in...
More »Real estate, IT, gig jobs, MNREGA: Making sense of India’s roller-coaster unemployment crisis -Radhika Pandey
-ThePrint.in Employment in India rose from 394.6 million in August to 404.2 million in September, and while the numbers are still below pre-Covid levels, the increase is encouraging. India’s unemployment rate dropped sharply to 6.4 per cent in September from 8.3 per cent in August. This was the lowest unemployment rate in the past four years. The fall in unemployment was seen across both rural and urban regions. Alongside the decline in the...
More »India’s Retail inflation on steady rise on the back of high food prices, may inch up to 7.3% -Lalit Kumar
-Financial Express The numbers projected in Barclays report are the result of an uptick in prices of staples such as cereals, pulses, vegetables, spices, and dairy. As a result, the food inflation could rise to 8.5 per cent on-year in September, the report added. Buoyant food prices may drive India’s Retail inflation to 7.3 per cent on-year in September – 30 basis points higher than that in August, according to a forecast...
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