Cpi

MARKET LIVE: Sensex extends gain, up 200 pts; Nifty50 above 17,800

Stock market live updates: Broader indices, which include Nifty Midcap 100 and Nifty Smallcap 100 indices, however, outperformed benchmark indices as they gained up to 0.2 per cent each

Time to avoid the 'last hike'

One feels that arguments in favour of a pause in April are strong

Growth, margins play whack-a-mole with consumer discretionary space

Some brokerages bet on consumer staples, preferring this more defensive space

All political parties should come together to defeat RSS & BJP: CPI MP

Claiming that India is witnessing a situation where politics of the extreme right is holding hands together with the greed of the super rich, CPI Rajya Sabha MP Binoy Vishwam asserted that they should be fought back at any cost. The CPI leader urged all political parties in the country committed to democracy to come together to resist and defeat RSS and BJP, which he alleged are trying to undermine democratic norms of the country. "India is witnessing a situation where the politics of the extreme right hold hands together with the greed of the super rich," he said, inaugurating the delegate session of the 30th conference of the Bengal Provincial Bank Employees' Association on Saturday. Claiming that they together pose the "biggest threat" to democracy, secularism and the basic structures of the constitution, the CPI leader asserted that they should be fought back at any cost. Vishwam said that the working class should understand the need for unity and struggle at this critical ...

After Covid-induced break, EC restarts review of recognised party status

After the Covid-19 pandemic stopped it, the Election Commission has restarted the process of reviewing the recognised status of political parties based on their performance in the 2019 Lok Sabha polls and has given individual hearings to NCP and CPI, two of the eight recognised national parties. The commission has also heard six recognised state parties based on paras 6A, B and C of the Election Symbol (Reservation and Allotment) Order, 1968. The paragraphs deal with criteria for parties to get national or state party status. After the 2019 parliamentary polls, the EC had issued notices to TMC, CPI and NCP, asking why their status should not be downgraded based on the outcome of the general election. However, the process could not move forward due to the pandemic. In November last year, the poll panel revived the process. On Tuesday, it heard the response of the Nationalist Congress Party and the CPI. EC sources said TMC was also called. "It is a routine exercise. We gave a written

India better placed than most to face turmoil, says RBI report

'Core inflation defies softening of input costs'

Retail inflation may moderate in coming months: FinMin monthly review

WPI inflation for February eased to 3.85 per cent in February, the lowest in more than two years

US Consumer Price Index rises 0.4% for urban consumers in February

The index for shelter was the largest contributor to the monthly all items increase, accounting for more than 70 per cent of the increase, Xinhua news agency reported

Bitcoin jumps to highest since June as global markets rally gathers pace

Bitcoin jumped as much as 9.6% to $26,533, its highest since June 2022, in its fourth straight days of gains

Retail inflation above 6% in February, may trigger another rate hike

Experts see 25 bps hike in April; say wheat output may dip due to heat wave; El Nino may emerge as key determinant of food prices going ahead, if it strikes this summer

US inflation rises 0.5% in January, more interest rate hike likely

CPI is up 6.4% from the year-ago period; food and energy boosted the index

Bonds recoup losses after inflation shock as long-term players step in

Yield on the 10-year benchmark bond closed at 7.37 per cent, versus 7.36 per cent at previous close

Upside risks to CPI inflation likely to outweigh downside risks: Eco Survey

The Survey, which was tabled in Parliament on Tuesday by Finance Minister Nirmala Sitharaman, noted that India's inflation management is 'noteworthy' and can be contrasted with advanced economies

US inflation cools again to 6.5%, gives Fed room to downshift on rates

The overall CPI fell 0.1% from the prior month, with cheaper energy costs fueling the first decline in 2 1/2 years. The measure was up 6.5% from a year earlier

Monetary policy making: 2022 was year of reset, 2023 could be a long pause

25 bps raise likely in Feb, before RBI hits status quo button, feel experts

US core inflation slows, giving Fed Reserve some breathing room on rates

The overall CPI increased 0.1 per cent from the prior month and was up 7.1 per cent from a year earlier, as lower energy prices helped offset rising food costs

Govt not to make RBI report on MPC's first-ever inflation failure public

MPC is said to have failed to achieve inflation target if average CPI inflation falls outside 2-6% range for three straight quarters. This was the case in the three quarters from Jan to Sept of 2022

RBI MPC: Here is what experts have to say about the policy announcement

Despite some signs of moderation, RBI Governor Shaktikanta Das said the main risk was that inflation would remain sticky and elevated

RBI hikes repo rate by 35 bps to 6.25%, cuts FY23 GDP forecast to 6.8%

RBI governor Shaktikanta Das emphasises concerns on core inflation, says overall price momentum high

CPI MP urges PM Modi to look into 'irregularities' in farm insurance scheme

CPI MP Binoy Viswam has written to Prime Minister Narendra Modi and urged him to look into the "irregularities" in the government's flagship farm insurance scheme, alleging that the scheme has become a "bonanza" for private insurers. In the letter to Prime Minister Modi, Viswam has said that the Pradhan Mantri Fasal Bima Yojana (PMFBY) launched in 2016 was initiated to provide insurance protection to farmers against crop losses due to natural calamities. "But in recent years, there have been several reports of irregularities of grave nature committed by private insurance companies in settling insurance claims with farmers. This leads to the conversion of the scheme into a bonanza by the private companies to reap huge profits. Naturally, the farmers are denied their rightful protection under the scheme," he said. The Communist Party of India (CPI) MP further said that over the past five years, both the Central government and state governments have contributed about Rs 1.265 lakh cro