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Graphic: Ramandeep Kaur | ThePrint

Higher inflation doesn’t mean RBI’s Monetary Policy Committee should increase interest rates

With gradual resumption of supply chains, inflation may come down. Data has also been limited by the lockdown, so the MPC should wait before changing rates.
Rupee (Representational image) | Dhiraj Singh | Bloomberg File photo

Inflation could surge to 12% if RBI starts printing money to fund govt, Rabobank says

Rabobank estimates that inflation could surge to an average of 12% in 2021 if the RBI was to finance a second stimulus package of $270 billion.
Representational image of Union finance ministry | ANI

Economy showing signs of recovery but pandemic may affect business climate: Finance Ministry

Improved kharif sowing, pick-up in electricity and petrol consumption, and higher freight movement indicate green shoots in the economy, ministry report stated.
The Reserve Bank of India | Photo: Suraj Singh Bisht | ThePrint

Gap in April inflation data due to lockdown sees focus shift to RBI, forecast models

The statistics office didn't publish a complete set of data for consumer and wholesale prices, saying it wasn’t able to conduct all the necessary fieldwork.

TOI, HT on surge in cases, Hindu positive on rate of infection, Covid-19 ‘spectre’ on economy

A round-up of the most important reports in major newspapers around the country – from TOI and HT, Express and The Hindu to The Telegraph, Mumbai Mirror and The Tribune, as well as top financial dailies.
Samples of pulses are displayed in a wholesaler at Khari Baoli spice market in New Delhi | Photo: Ruhani Kaur | Bloomberg

Retail inflation dips to 6.58% in February from 7.59% in January

Inflation came down mainly due to easing in food inflation which came down to 10.81% in February from 13.63% in January.
Rupee (Representational image) | Dhiraj Singh | Bloomberg File photo

Congress is trying to corner BJP on economy, one press conference at a time

Congress is holding daily press meets to target Modi govt over economic downturn. Rahul Gandhi is likely to go on a tour to address issues related to public.
Finance Minister Nirmala Sitharaman is set to present the Union Budget 2020-21 on 1 February | Photo: ANI

It’ll be a tight-rope walk, but here’s what Sitharaman can do to boost investor confidence

Finance Minister Nirmala Sitharaman faces difficult choice in Budget 2020 — to provide stable policy regime or make policy changes to arrest the slowdown.

Subramanian Swamy’s bizarre economic solution & Nirmala Sitharaman’s ‘inflation horse’

The best cartoons of the day, chosen by the editors at ThePrint.

Inflation knocking on the door, ‘criticise’ Rahul to get leave and ‘batsman’ Satya Nadella

The best cartoons of the day, chosen by the editors at ThePrint.

On Camera

Shah Mahmood Qureshi

Who needs a Google Map? Naya Pakistan is Naya Mapistan

A map, a highway, a song and a minute of silence — that’s the ingredient Pakistanis came up with, and Kashmir ban gya Pakistan.
The Reserve Bank of India | Photo: Suraj Singh Bisht | ThePrint

RBI turns cautious amid inflation, keeps interest rate unchanged at 4%

RBI expects headline inflation to remain elevated in the second quarter of 2020-21. It also sees real GDP shrinking in the first half as well as the full year.

Defence

Representational image of military equipment in Ladakh | Photo: ANI

Ladakh situation ‘sensitive’ — Defence ministry says China standoff likely to be prolonged

In an official document, Ministry of Defence also says Chinese aggression has been increasing along LAC and 'more particularly' in Galwan valley since 5 May.
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.