Inflation News - Latest Updates & Headlines
RBI's policy stance turning accommodative shows signs of easing: SBI Report
Mumbai, April 10: The Reserve Bank of India (RBI) has taken a more accommodative stance in its monetary policy, as inflation expectations have shown signs of easing.
RBI to ensure swift transmission of rate cut; US tariff will have less impact on India: Governor
Mumbai, April 9: The Reserve Bank of India (RBI) will ensure swift transmission of repo rate cut benefits, says governor Sanjay Malhotra in a post-policy press conference.
RBI should have gone for a deeper rate cut, say economists and industry leaders
New Delhi, April 9: The Reserve Bank of India's decision to cut repo rate by 25 basis points in its monetary policy review has drawn mixed reactions from industry experts, with many voicing expectations for a sharper reduction to better support economic growth.
Inflation projected at 4% in FY25- 26, risk evenly balanced amid good monsoon and trade uncertainty: RBI
Mumbai, April 9: The Reserve Bank of India (RBI), in its monetary policy announcement on Wednesday, said that inflation is expected to remain under control in the financial year 2025-26.
RBI cuts repo rate by 25 bps to 6% amid evolving global outlook
Mumbai, April 9: The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) on Wednesday announced a 25-basis-point (bps) cut in the repo rate, reducing it from 6.25 per cent to 6 per cent, to support economic growth amid growing global uncertainties.
RBI cuts inflation forecast to 4 per cent for 2025-26
Mumbai, April 9: The Reserve Bank's Monetary Policy Committee has reduced its inflation forecast for 2025-26 to 4 per cent from 4.2 per cent earlier as the “outlook for food inflation has turned decisively positive,” RBI Governor Sanjay Malhotra said on Wednesday.
WPI inflation likely eased to 2.1% in March on lower food, fuel prices: Union Bank Report
New Delhi, April 9: Wholesale Price Index (WPI) inflation is expected to ease to 2.1 per cent year-on-year in March 2025, down from 2.4 per cent in February, mainly due to a seasonal decline in food prices, according to a report by Union Bank of India.
Why are we not benefiting from falling crude prices?: Supriya Sule slams centre over LPG cylinder price hike
Baramati, April 8: Nationalist Congress Party (Sharad Chandra Pawar) MP Supriya Sule on Tuesday expressed surprise at the recent hike in LPG cylinder prices, questioning why the public is not getting the benefit of the fall in crude oil prices in the country.
South Korea: Retailer confidence sinks for Q2 on inflation, uncertainty
Seoul, April 8: South Korean retailers' business sentiment worsened for the second quarter, weighed down by persistent inflation and rising uncertainties both at home and abroad, data showed on Tuesday.
Conducive conditions for a 25 basis point cut in April, 5.50 per cent repo rate by year-end: Goldman Sachs
New Delhi, April 8: The Reserve Bank of India's (RBI) repo rate is expected to drop by 25 basis points (bps) to 6.00 per cent after the ongoing Monetary Policy Committee (MPC) meeting, according to Goldman Sachs.
Cost of home-cooked thali declined in March: Crisil
New Delhi, April 7: The cost of a home-cooked vegetarian and non-vegetarian 'thali (plate)' declined 2 per cent and 5 per cent, respectively, in March 2025 compared to the previous month, according to a Crisil Intelligence report released on Monday.
India's inflation may stay below 4% in first half of FY26: SBI Report
New Delhi, April 7: The inflation in India may remain below 4 per cent in the first half of the financial year 2025-26 (FY26), said a report by State Bank of India (SBI).
RBI MPC begins, likely to go for 25 bps rate cut on April 9, says SBI report
Mumbai, April 7: As the Reserve Bank of India (RBI) began its Monetary Policy Committee (MPC) meeting (from April 7-April 9) here, SBI Research on Monday said it expects a 25-basis point rate cut in the policy and cumulative rate cut over the cycle could be at least 100 basis points, with two successive rate cuts over February and April.
RBI set to hold first monetary policy review of 2025-26; all eyes on central bank's move
New Delhi, April 6: The Reserve Bank of India (RBI) will hold its first monetary policy review meeting of 2025-26 starting Monday. The outcome of the three-day meeting will be announced on Wednesday morning (10 am).
Potential retaliation to US tariffs may initiate vicious cycle on global growth: SBI Research
New Delhi, April 4: The nature of broad-based tariffs announced by US President Donald Trump and potential retaliation by other countries is likely to initiate a vicious cycle of global growth, says a report by SBI Research.
Price hike is only guarantee implemented by state govt: Karnataka BJP chief BY Vijayendra
Bengaluru, April 3: Karnataka BJP President BY Vijayendra on Wednesday attacked the state government and said that a price hike is the only guarantee implemented by the government.
NHAI hikes toll charges on highways and expressways across country
New Delhi, April 2: The National Highways Authority of India (NHAI) has raised toll charges for motorists driving through highways and expressways across the country by an average of 4 to 5 per cent as part of the annual exercise of factoring in inflation costs.
RBI's rate-cut cycle may extend if growth weakens: ANZ Group
New Delhi, April 1: The Reserve Bank of India (RBI) could extend its rate-cut cycle beyond August 2025 if economic growth weakens, according to a report by ANZ Group.
RBI to shift focus on growth over inflation in April policy meeting, cut repo rate by 25 bps: Care Edge
New Delhi, March 30: Reserve Bank of India's monetary policy committee is expected to shift its focus from concerns around inflation to supporting growth in its next review meeting in early April, Care Edge Ratings has asserted.
Mamata should at least speak with caution when she is abroad: Shahnawaz Hussain
New Delhi, March 28: As West Bengal Chief Minister Mamata Banerjee, currently in London, appears to have openly disagreed with the prediction that India would be the world's largest economy by 2060, senior BJP leader Shahnawaz Hussain said on Friday that the Chief Minister should at least speak with caution when she is abroad.
Milk, petrol prices constantly going up under Karnataka Congress govt: Pralhad Joshi
New Delhi, March 28: Union Minister Pralhad Joshi has criticised the Karnataka Congress government over the rising prices of milk, alleging that the prices of petrol, liquor, vehicle tax, and registration fees have been constantly increasing since the Congress took power in the state.
Aurangzeb grave issue a bid to divert attention from inflation, jobs: Robert Vadra
New Delhi, March 27: Robert Vadra, husband of Wayanad Lok Sabha MP Priyanka Gandhi and son-in-law of Sonia Gandhi, on Thursday demanded answers on the issues like joblessness, inflation and women security, lashing out at alleged attempts by the BJP to divert public attention with divisive matters like renaming of roads and removal of Mughal emperor Aurangzeb's grave.
Karnataka: Milk prices to increase by Rs 4 per litre from April 1, BJP slams move
Bengaluru, March 27: The Karnataka government on Thursday announced an increase in the selling price of Nandini milk and curd by Rs 4 per litre, effective from April 1. The decision was made during a Cabinet meeting held by Chief Minister Siddaramaiah.
RBI announces Monetary Policy Committee meeting schedule for FY 2025-26
New Delhi, March 27: The Reserve Bank of India (RBI) has announced the schedule for the Monetary Policy Committee (MPC) meetings for the financial year 2025-26.
RBI to continue with rate cuts as growth faces potential headwinds, inflation dipping: Report
New Delhi, March 26: The Reserve Bank of India (RBI) is expected to continue reducing the repo rate as economic growth faces potential headwinds and inflation is likely to fall in the central bank's target range, according to a report by HDFC Mutual Fund.
India's GDP has doubled to USD 4.2 trn over last ten years: IMF
New Delhi, March 26: India's Gross Domestic Product (GDP) has doubled in size over last ten years, according to the latest data released by the International Monetary Fund (IMF).
MPs' salaries adjusted every 5 years based on the Cost Inflation Index, Centre's decision prevents 'arbitrary increase'
New Delhi, March 25: The recent notification from the Ministry of Parliamentary Affairs, announcing a 24 per cent increase in the salaries, allowances, and pensions of Members of Parliament and former MPs, has given rise to various misconceptions among the public.
Explainer: All you need to know about the mechanism for revising MPs' salaries
New Delhi, March 25: The 24 per cent increase in salaries of MPs to Rs 1,24 lakh a month, announced on Monday, is part of a structured mechanism, set up after the Finance Act of 2018 amended the Salaries, Allowances, and Pension of Members of Parliament Act, 1954, to link MPs’ salaries to inflation, specifically using the Cost Inflation Index (CII), according to a senior official.
Farm, rural workers get respite as price spiral eases in Feb
New Delhi, March 24: The year-on-year inflation rates based on the all-India consumer price index for agricultural labourers (CPI-AL) and rural labourers (CPI-RL) for February this year eased to 4.05 per cent and 4.1 per cent, respectively, compared to 7.43 per cent and 7.36 per cent in February 2024, bringing respite to poor households, official figures released on Monday showed.
US Fed will resume easing monetary policy rate by June: Jefferies 'Greed & Fear' report
New Delhi, March 23: The US Federal Reserve is likely to ease monetary policy rates by June, Jefferies said in its latest 'Greed and Fear' report, with a rider that though the rate cut could be earlier if the data and market action are bad enough.
Government withdraws 20 per cent duty on onion export, decision to come into effect from April 1
New Delhi, March 22: The central government on Saturday withdrew 20 per cent duty on the export of onions imposed in September 2024.
South Korea: Producer prices up for 4th month amid oil price hikes
Seoul, March 21: South Korea's producer prices rose slightly from a month earlier in February on a recent hike in global oil prices, central bank data showed on Friday.
Kerala sees 7.3 per cent inflation in February, highest among states; Chhattisgarh records 4.9 per cent
New Delhi, March 20: India's inflation hit a low of 3.6 per cent in February with many states seeing high inflation. According to SBI research report, Kerala reported the highest inflation rate of 7.3 per cent among states in February, followed by Chhattisgarh at 4.9 per cent.
Indian economy remains resilient amid rising global challenges: RBI bulletin
Mumbai, March 20: Amidst growing global economic uncertainty, the Indian economy continues to demonstrate resilience as is evident in the robust performance of the agriculture sector and improving consumption, according to the RBI's latest monthly bulletin.
Indian economy continues to demonstrate resilience amidst global volatility: RBI report
New Delhi, March 19: The Indian economy continues to demonstrate resilience amid volatility in global markets, the RBI said in its monthly report on Wednesday. It pointed to the robust performance of the agriculture sector and improving domestic consumption.
India insulated from global trade war, says Fitch; revises GDP growth forecast to 6.5% in FY25-26
New Delhi March 19: Fitch Ratings has revised India's growth rate for FY25-26 to 6.5 per cent and to 6.3 per cent for FY26-27 in its March Edition of the Global Economic Outlook because of the US-imposed global trade war.
India's CPI inflation to average 4 pc in FY26, 75bps rate easing cycle likely: Morgan Stanley
New Delhi, March 18: A Morgan Stanley report on Tuesday projected that it expects consumer price index (CPI) inflation in India to average 4 per cent in F26, which implies cumulative easing of 75bps by the RBI (compared to 50bps projected previously) in the coming months.
WPI inflation at 2.38 pc in Feb
New Delhi, March 17: The annual rate of inflation based on the Wholesale Price Index (WPI) is 2.38 per cent for the month of February, according to data released by the Ministry of Commerce and Industry on Monday.
India's wholesale inflation largely steady in February at 2.38%
New Delhi, March 17: Wholesale inflation in India edged marginally higher in February, rising to 2.38 per cent, according to data released by the commerce ministry on Monday. In January, it was 2.31 per cent.
India's economic indicators strong, rate cuts could further bolster growth: SBI report
New Delhi, March 16: India's economic indicators for February reflect a moderation in inflation, improved industrial output and strong corporate earnings, according to the latest SBI Ecowrap report.