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Inflation

Credibility of India’s statistics back in question over official inflation data

Economists aren’t buying the Statistics Department’s methodology for calculating India’s consumer price inflation numbers for April and May.
Vegetable market

Retail inflation dips to 5.91% in March due to decline in food price

The retail inflation, which is factored in by the RBI, has been on decline since March with the lowest dip recorded in November last year at 5.54%.
RBI governor Shaktikanta Das | Praveen Jain/ThePrint

Budget proposals unlikely to have inflationary impact, says RBI Governor

Das says that the government has tried to remain within the fiscal deficit roadmap set under the Fiscal Responsibility and Budget Management Act.
A vendor sits at a fruit stall at Crawford Market in Mumbai (Representational image)

Latest inflation data opens room for RBI rate cuts

With inflation expected to decline in the coming months, it will allow the Reserve Bank of India to keep the door open for more policy easing to boost credit demand.
Urbanisation

India’s painful ‘stagflation’ is now spreading to other emerging economies

India may be witnessing the most glaring setback among emerging economies, but its double pain of slowing growth & surging inflation is spreading far and wide.
The Reserve Bank of India | Photo: Suraj Singh Bisht | ThePrint

WPI inflation unchanged at 1.08% in August, reinforces expectation of RBI rate cut

According to govt data, the increase in prices of certain food items was partially neutralised by static prices of manufactured goods during August 2019.
Workers rest on bags of mustard seeds at a wholesale grain market in Rewari, Haryana.

India’s wholesale inflation falls to multi-year low of 1.08% in July

Govt data said inflation in food items dropped to 6.15 % in July from 6.98 % in the previous month, while retail inflation in July fell to 3.15% from 3.18% in June.
Representational image of Pulses | Dhiraj Singh/Bloomberg

Retail inflation rises 2.57% in February on higher food prices

The retail inflation based on Consumer Price Index stood at 1.97 per cent in January.
Vegetable market

Inflation based on wholesale prices fell to 10-month low of 2.76% in January

The retail inflation, released earlier this week, too fell marginally on continued decline in food prices, including vegetables and eggs.
Vegetable vendors

Wholesale inflation eases to 5.09% in July as prices of fruits and vegetables drop

The retail inflation eases to a nine-month low of 4.17 per cent in July, from 4.9 per cent in June, data shows Monday.

On Camera

In Gujarat, BJP hopes to retain power in the name of ‘chief minister’ Narendra Modi

The Modi magnifier

This is the first Indian election where a politician is winning by not promising governance, but simply seeking a vote against Musharraf, the Muslims and the Italian church.
PM Narendra Modi | ANI

If Modi wins on Sunday

According to the forecast, rupee will reach 67.5 per dollar by end of September and 67 by end of 2018 I Dhiraj Singh/Bloomberg

Offer cashback, relax KYC norms to check decline in remittances, suggests WEF paper

Remittances, or the money overseas citizens send back to their home country, are expected to contract 20% in 2020 on account of Covid-19, according to a World Bank report.

Defence

Women recruits at the Corps of Military Police Centre and School in Bengaluru

Army begins process to recruit second batch of 100 women soldiers for military police

Army intends to induct 1,700 women recruits in the military police by 2036, increasing the percentage of women in the cadre to 20 over 17 years.
Illustration by Soham Sen | ThePrint

Modi govt’s NEP is out of touch with reality, Indian voters want English-medium education

State leaders with their ear to the ground, like Nitish, Mamata and Yogi, have shown that the push for native language education is not what voters want.