Page 6 - India Inflation

Inflation to ease to 4% in two years after peaking, says RBI Governor

The RBI has raised policy repurchase rate by a total of 140 basis points since May, including back-to-back half point increases in June and August, to cool down inflation within its mandate

Rated Indian firms better placed to withstand rising rates, inflation: S&P

Companies and banks in India could feel the bite of rising rates and inflation, but rated firms are better cushioned to withstand the pressure, S&P Global Ratings said on Tuesday. It said further hike in interest rates is on the cards as the inflation remains above the RBI's upper tolerance limit of 6 per cent despite a 140 basis points increase in policy rate in the current fiscal year. "In a stress scenario we conducted, credit profiles will deteriorate for companies that account for 20 per cent of the outstanding debt analyzed. This is according to a stress test of more than 800 largely unrated companies in India, representing USD 570 billion in debt. Rated issuers are generally better cushioned to withstand rising rates and higher input costs," S&P said in a report. The US-based rating agency said it expects India's continued strong economic growth to positively affect companies' revenues. S&P had in May cut India's growth projections for the current fiscal year to 7.3

RBI set to hike interest rates by another 50-60 bps, inflation key concern

August 22 MPC of RBI highlights that inflation continues to remain the key concern for the MPC members despite a deceleration in the overall price momentum after a peak of 7.8% recorded in April

New 10-year bond pricing flags concern of inflation, say dealers

The latest bond coupon at 7.26 per cent is higher than expected

Retail inflation may remain elevated despite easing in July: Report

India's headline retail inflation that eased for the third straight month in July is expected to remain above the central bank's upper tolerance range in the near term, analysts said

Congress calls meeting of office bearers ahead of rally against inflation

Congress has called a meeting of AICC General Secretaries, incharges, PCC presidents, legislature party leaders and frontal heads to prepare for rally against inflation and unemployment on August 28

Did inflation hurt India Inc more than what markets expected in Q1?

Companies hiked prices to cushion their margin from inflation. But it hit the volumes in the rural markets. With the commodity prices cooling off, will the upcoming quarters be better for India Inc?

FPIs invest Rs 22k cr in Indian markets in Aug as inflation concerns soften

This was way higher than a net investment of nearly Rs 5,000 crore by Foreign Portfolio Investors (FPIs) in the entire month

Cooling food prices pull inflation down to five-month low in July

Industrial output remains robust

Will edible oil stocks run out of steam?

The govt has directed edible oil suppliers to cut prices by as much as Rs 40 per litre to bring down inflation. Will players like Adani Wilmar and Patanjali Foods bear the brunt? Let us find out

Congress to hold 'Mehangai Par Halla Bol' rally on Aug 28 in Delhi

In a statement the party said the Congress party will take this fight forward with a series of protests against the price rise and unemployment in the coming weeks

TMS Ep235: India inflation, CXO pay, dairy stocks, GST on rent

Is the worst of inflation behind us? How can we solve India Inc's high CEO pay problem? Is it time to sell dairy stocks? Do you need to pay GST on rent? All answers here

Is the worst of inflation behind us?

India's retail inflation has eased to 6.78% in July due to a fall in prices of food and fuel, according to Reuters. But it is still pinching people's pockets. Can we expect relief in the coming days?

India's July fuel demand rises 6.1% year-on-year, reveals ministry data

Consumption of fuel, a proxy for oil demand, totalled 17.62 million tonnes in July, down 5.7% from 18.68 million tonnes in June

MPC retains inflation forecast for FY23 but highlights external uncertainty

The projections of inflation for FY23 are based on the assumption of an average crude oil price of $105 per barrel and a normal monsoon

Section 144 imposed in New Delhi district ahead of Congress protest

Delhi Police have imposed Section 144 of the CrPC in the New Delhi district except Jantar Mantar, ahead of the Congress party's call for nationwide protests against inflation and unemployment.

Looking through supply-side inflation is a flawed approach: Viral Acharya

Financial market dominance over central banks is a huge problem and challenge, former RBI deputy governor says

What do Q1 numbers tell us about the Indian economy?

The govt has said that the country's fiscal deficit has risen lower-than expected in Q1 FY23, despite a jump in govt expenditure. What else the quarterly numbers say about the health of t

Cost inflation, exceptional expense spoil Jubilant FoodWorks Q1 show

The Ebitda margins are expected to remain in the 24-25 per cent this fiscal and the acquisition of 40 per cent stake in Roadcast Tech Solutions will help improve efficiencies in delivery

India's top companies flag slowdown concerns as global recession looms

Chairman of the top two consumer goods companies, namely ITC and HUL, were blunt in their assessment of the market