Saturday, August 20, 2022
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Inflation ‘unacceptably and uncomfortably’ high: RBI Governor at MPC meet

RBI Governor Shaktikanta Das said the retail inflation is "unacceptably and uncomfortably" high and proposed the 50 basis points hike in repo rate

WPI inflation eases to 3-month low of 15.18% in June

The wholesale price-based inflation eased to a three-month low of 15.18 percent in June on a sharp decline in the prices of minerals

Inflation may ease gradually in second half of fiscal, says RBI Governor Das

Inflation is a measure of the trust and confidence that the public reposes in the economic institutions of the country, RBI Governor Das said

Economy to grow by 7-7.8% in FY23 despite global headwinds: Experts

The economy can grow by 7-7.8% this fiscal on the back of better agriculture production and a revitalised rural economy amid global headwinds, economists said

Share Markets fall after 2-day breather, FIIs remain net sellers

BSE Sensex zoomed 934.23 points or 1.81 percent to settle at 52,532.07 while NSE Nifty climbed 288.65 points or 1.88 percent to finish at 15,638.80 on Tuesday

Retail inflation eases to 7.04% in May on softening food, fuel prices

The Consumer Price Index (CPI) based retail inflation was 7.79 percent in April. In the year-ago month of May 2021, retail inflation stood at 6.3 percent

WPI inflation at record high of 15.08% in April on price rise across all items

Wholesale price-based inflation spiked to a record high of 15.08 percent in April on rising prices across segments from food to commodities

Coal price hike most urgent for CIL, survival of certain subsidiaries at stake: Chairman

Synopsis: A price hike has become most urgent for state-run Coal India Ltd (CIL) and without it, the survival of certain CIL subsidiaries is at stake, said Chairman and Managing Director (CMD) Pramod Agrawal

Inflation: ATF price sees steep hike by 6.5%, Cooking LPG gas by Rs 25 per cylinder

Petro products kept rising on Monday as well with cooking gas LPG price hiked by Rs 25 per cylinder across all categories and aviation turbine fuel or ATF price hiked by 6.5 percent

FICCI Economic Outlook Survey puts projected growth for FY21 at (-) 4.5%

The quarterly median forecasts indicate GDP to contract by (-) 14.2 percent in the first quarter of 2020-21, said FICCI in a report

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