Page 76 - Latest Updates on Inflation
Taper may push yields on domestic bonds upwards: Arun Srinivasan
Arun Srinivasan, senior executive vice president and head of fixed income, ICICI Prudential Life Insurance says 10-year G-sec benchmark may inch closer to 6.40-6.45 per cent by 2021 end
 "Taper may push yields on domestic bonds upwards: Arun Srinivasan")
MPC minutes: RBI Guv pitches for continued policy support to revive growth
Reserve Bank Governor Shaktikanta Das opined that continued policy support with a focus on revival and sustenance of growth was the most desirable and judicious policy option at the moment
 "MPC minutes: RBI Guv pitches for continued policy support to revive growth")
Inflation has peaked and is likely to stabilise going forward: RBI
For a one percentage point reduction in inflation, 1.5-2 percentage points of GDP have to be foregone
 "Inflation has peaked and is likely to stabilise going forward: RBI")
RBI says inflation is on track to meet projections for rest of FY22
The RBI is mandated to bring down retail inflation to 4% over the medium term while keeping it within a range of 2-6%, a band it has breached twice this year.
TOP prices to remain benign in coming months amid likely inflation pressure
Traders and market watchers say the price movement in Tomatoes, Onions and Potatoes will remain within range sans any unusual spikes
 "TOP prices to remain benign in coming months amid likely inflation pressure")
Inflation to be within target range in FY22, says FM Sitharaman
Finance Minister Nirmala Sitharaman on Monday said that she expects inflation to remain in the prescribed range during the current fiscal
 "Inflation to be within target range in FY22, says FM Sitharaman")
July retail inflation eases to 3-month low of 5.59%; June IIP at 13.6%
Food inflation fell substantially to 3.96 per cent in July from 5.15 per cent in June
 "July retail inflation eases to 3-month low of 5.59%; June IIP at 13.6%")
Indian shares rise on energy gains; investors focus on inflation data
Indian shares opened slightly higher on Thursday, driven by energy shares, with investors eyeing domestic retail inflation data for July due later in the day.
 "Indian shares rise on energy gains; investors focus on inflation data")
United States inflation data looms as stocks hover near record highs
In Europe, the STOXX index of leading companies hit a new peak for an eighth consecutive session
 "United States inflation data looms as stocks hover near record highs")
China's economic risks build as Delta variant spreads, prices rise
Goldman, JPMorgan cut GDP growth forecasts amid virus cases
 "China's economic risks build as Delta variant spreads, prices rise")
Tentative beginning
RBI's position is still fraught with risks
 "Tentative beginning")
RBI's inflation projections jump, growth numbers dip as recovery wobbles
While it termed current inflation as transitory, MPC also expects it to edge up to near-6% levels towards 2021-22 end, highlighting stickiness of inflation in uneven economic recovery
 "RBI's inflation projections jump, growth numbers dip as recovery wobbles")
Wall Street muted on jobs growth as inflation, Delta variant fears weigh
A positive jobs report spurred Wall Street to push some stocks and Treasuries higher on Friday, but investor optimism was tempered by looming inflation, declining Federal Reserve stimulus
 "Wall Street muted on jobs growth as inflation, Delta variant fears weigh")
RBI monetary policy is a stepping stone towards policy normalisation
Growth commentary is more positive than last policy with rural demand expected to be resilient, exports expected to continue to do well and pick-up in the long awaited capex cycle
 "RBI monetary policy is a stepping stone towards policy normalisation")
Bank of England signals 'modest tightening' over the next two years
Policy makers led by Governor Andrew Bailey said they now expect annual price growth to peak higher than expected around 4%
 "Bank of England signals 'modest tightening' over the next two years")
RBI's MPC is likely to keep interest rates unchanged despite inflation
Six-member Monetary Policy Committee is meeting amid weak indicators raising doubts about the economy's ability to sustain a nascent recovery
Inflation risks
RBI should give a near-term road map for policy normalisation
 "Inflation risks")
Inflation angst spreads to India bonds as Reserve Bank downplays risk
RBI is widely expected to leave its key rates unchanged on Friday and continue with its easy monetary stance
 "Inflation angst spreads to India bonds as Reserve Bank downplays risk")
Our portfolios are built around firms that sell essentials: Marcellus CIO
Saurabh Mukherjea says that his three-step approach to investing does not focus on short-term factors like what central banks are doing or what will do well in the festive season
 "Our portfolios are built around firms that sell essentials: Marcellus CIO")
Dalmia Bharat chalks out a three-pronged strategy to arrest cost inflation
Dalmia Bharat hopes that a demand pick-up in the coming quarters would allow it to pass on some of the cost to the consumer
 "Dalmia Bharat chalks out a three-pronged strategy to arrest cost inflation")