The year 2022 is coming to an end and a lot has happened that shaped the world in the year. Let's have a look at some of these significant events
As the inflation rate declines, India has paused its interest rate hikes and there is optimism in the air that we have crossed the cyclical hump of a slowdown and should enjoy strong growth
CLOSING BELL: Bajaj Finance, Asian Paints, IndusInd Bank, ICICI Bank, Nestle India, HUL, Reliance Industries, HDFC Bank, Axis Bank, and SBI were the top laggards on the Sensex index
Developments such as Covid-induced lockdowns and the Russia-Ukraine war have also played a crucial role in keeping the inflation rate elevated
Inflation remains a worry in the world's fifth-largest economy but, at the moment, no risk is seen for financial sector stability
Food inflation, which accounts for nearly half of the overall consumer price basket, is expected to have moderated due to falling vegetable prices, offset in part by surging cereal prices
The quantity of crude that India imported was 6 per cent lower in 2021-22 at 212 million tonnes compared to 2018-19
The Rajasthan government will organise camps in urban wards and villages from April 24 to highlight its public welfare and inflation relief schemes, it said in a statement on Saturday
Its average citizen is more affected than people in peer economies
The survey showed that household spending was buoyant on the back of higher essential and non-essential spending
The RBI has paused because it wants to evaluate the cumulative impact of the past rate hikes
Finance Minister Nirmala Sitharaman welcomes RBI decision, says it has taken a 'good call'
The RBI has not used the word stickiness in its policy statement while characterising core inflation, but instead used "unyielding core inflation"
Forecasts ranged from 5.40% to 6.40%, with a quarter of survey respondents predicting inflation above 6.00%. It was 6.52% in January and spent most of last year above 6.00%
Das said RBI is keen to assess the cumulative impact of the rate actions done till now
Volatility in global financial market has potential upsides for imported inflation, says committee
For the June quarter, the retail inflation is expected to average 5.1%, and rise to 5.4% each in the September and December quarter
RBI governor makes it clear that if required, MPC could hike rates in future meetings
With the US and Indonesian central banks seen approaching the end of their respective hiking cycles, inflows looking for higher carry returns are likely to keep increasing in the second quarter
Policy decisions this week from some of the Reserve Bank of India's global peers offer a good reason for the split