Page 10 - India Inflation

Indian economy witnessing V-shaped recovery after pandemic: Rajnath Singh

Singh was addressing a workshop on the financial market organised by the Lucknow branch of Central India Regional Council (CIRC) of the Institute of Chartered Accountants of India

Wheat export ban to reign in inflation, no threat to food security: Govt

Hours after it imposed a ban on wheat export, the government on Saturday said it has adequate food stocks, there is no threat to food security

India is among the least favoured markets in Asia: Sunil Tirumalai of UBS

As liquidity starts drying up, banks rates start rising and market returns struggle, we expect some level of softness in household market allocations, he said

'Achhe din' should be archived and forgotten: NCP on 8-year high inflation

In an attack on BJP, NCP spokesperson Clyde Crasto also sarcastically said it needs to be seen who will be blamed for the same and what will be the new diversion to hide this "failure"

Consumer durables to see 3%-5% price hikes amid costlier imports: Industry

The depreciating Indian rupee against the US dollar has put woes on manufacturers as imported components have become costlier, with the industry largely being dependent on imports for key components

Steps taken by RBI, govt to cut duration of high inflation: FinMin report

'Evidence on consumption patterns further suggests that inflation in India has a lesser impact on low-income strata than on high-income groups,' the finance ministry's monthly economic review said

RBI likely to up inflation projection in June, mull more rate hikes: Report

The central bank raised the repo rate by 40 basis points to 4.40% following a emergency meeting earlier this month.

Why pruning general debt to 66% of GDP over next 5 years looks unachievable

An RBI report says even in the best case scenario, general govt debt may not dip below 75% of GDPl and if there are events, it may in fact rise to 90% of GDP by 2026-27

Rising cost of living is driving Indians to save more money: EY report

The survey raises concern over the rising cost of goods and services that is impacting people's ability to purchase goods and is affecting their purchasing decisions

Top headlines: Higher bond yields, WHO on Covid deaths in India, and more

Business Standard brings you the top headlines at this hour

Britannia Industries to cut pack sizes as inflation bites

The management said it would hike prices by 10 per cent if the current levels of raw material prices sustain

In a surprise move, RBI raises repo rate by 40 bps to 4.40 per cent

The RBI MPC voted unanimously to increase the benchmark rate, said Governor Shaktikanta Das

Manufacturing sector sees faster growth amid high inflation in Apr: PMI

India's manufacturing sector activities witnessed faster growth in April amid quicker increases in production as well as factory orders, and renewed expansion in international sales, a monthly survey said on Monday. The seasonally adjusted S&P Global India Manufacturing Purchasing Managers' Index (PMI) rose from 54.0 in March to 54.7 in April, as a retreat of COVID-19 restrictions continued to support demand. The April PMI data pointed to an improvement in overall operating conditions for the tenth straight month. In PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction. "The Indian manufacturing PMI remained well inside positive territory during April, recovering some of the ground lost in March. Factories continued to scale up production at an above-trend pace, with the ongoing increases in sales and input purchasing, suggesting that growth will be sustained in the near-term," said Pollyanna De Lima, Economics Associate Director at S&P ...

PMI manufacturing rises to 54.7 in April on robust demand, factory orders

International demand also jumped robustly to a 9-month high after contracting in March and domestic demand was above average.

Rising oil prices, inflation to hit India's smartphone market in 2022

The biggest challenge this year will be maintaining device affordability in India, according to global market research firm Canalys

FII ownership of NSE 500 stocks at 3-year low: BofA Securities

Given the multiple headwinds, BofA Securities expects markets to be sideways the near-term given inflation impacting volume growth and margins across several sectors

Factors that could slow down the spawning of Indian unicorns in 2022

Apart from Fed rate hike, inflation and Russia-Ukraine war, it is the challenges within the soonicorn ecosystem that could spoil the billion-dollar party for many enterprises.

Are current inflation worries overstretched for the markets?

With the economy facing inflationary pressures, concerns are mounting about its impact on markets and corporate performance. But are the fears overstretched? Is there a silver lining for investors?

Statsguru: From India to US, six charts show rising global inflation

In the US, consumer price inflation has been higher than in India for the last seven months

Shorter-duration funds a good bet amid rising rates, say analysts

In its April 8 monetary policy review, the Reserve Bank of India (RBI) signalled that from being supportive towards growth, its focus would now shift towards reining in inflation