“If it comes true, then we are in for another year of good agriculture, low food inflation and on top of that we also have crude prices coming down which is another luck factor, we do not control it. So, these two things are bit positive for growth and they are also positive for inflation … Read more
Metal prices are likely to keep pushing up the Wholesale Price Index (WPI) in the coming months, according to a report by Union Bank of India. Despite a drop in WPI in April 2025, metals have shown a sequential pickup, indicating they may continue to influence the inflation trend. The report said “While food prices … Read more
New Delhi, Markets regulator Sebi on Monday extended the suspension of derivatives trading in seven agricultural commodities, including wheat and moong, for a year till March 2026 in a bid to rein in prices. The other agricultural commodities suspended by Sebi are paddy (non-basmati), chana, crude palm oil, mustard seeds and its derivatives and soybean … Read more
Devendra Pant, Chief Economist, India Ratings, says food inflation is cooling off but there are two commodities which could be another source of problem for food inflation in general and your overall inflation in particular. In August ‘24, oil and fats had a deflation of 0.86% and come November it has an inflation of 13.28%. … Read more
India’s retail inflation rate increased to 6.21% annually in October, up from 5.49% the previous month, driven primarily by high food prices during the festive season. This was the first time since August 2023 that inflation exceeded the Reserve Bank of India (RBI)’s tolerance threshold of 6%. In September, inflation exceeded the RBI’s medium-term target … Read more
Mumbai: The Reserve Bank of India (RBI) is seen keeping interest rates unchanged this week as the central bank’s Monetary Policy Committee (MPC) is likely to assess the durability of recent declines in inflation while keeping a wary eye on escalating tensions in West Asia, which pose risks to local price pressures. According to an … Read more
The cost of homecooked vegetarian thali showed a significant decline in the month August after prices for key ingredients, such as tomatoes, vegetable oil, and spices, reduced as compared to previous months this year. According to Crisil’s Roti Rice Rate index, the price of vegetarian (veg) thalis dropped by 8 per cent year-on-year (Y-o-Y), while … Read more
New Delhi: Former World Bank chief economist Kaushik Basu on Saturday said India needs to tame inflation that disproportionately affects people who spend a large chunk of their income on food and could exacerbate inequality. “Even if inflation is at 5.1%, food inflation is at 30%. For someone spending 50% of their income on food, … Read more
When there are whispers and murmurs in some corridors about the need for re-evaluating the inflation targeting framework component, or tinkering with the yardstick of price pressures measurement, the message from the central bank governor was unequivocal: Don’t tamper. Apart from conveying his determination to bring inflation down to 4% as mandated by law, governor … Read more
Food inflation in India has been around 8 per cent year-on-year since November 2023, with no signs of easing despite the early arrival of monsoon rains and forecasts of above-normal rainfall. This persistent inflation has kept the headline inflation above the central bank’s target of 4 per cent. Impact of Heatwave on Food Supplies A … Read more