Based on inflation figures for the last three months, RBI is expected to look for confirmatory evidence that can mark the beginning of a sustained decline in core inflation.
Food inflation, which accounts for nearly half of the overall consumer price basket, rose 8.69% year-on-year in May, compared with an 8.70% rise in the previous month.
Food inflation, which accounts for nearly half of the overall consumer price basket, was 6.61% in October, little changed from an upwardly revised 6.62% in September.
Food price hike driven by higher rates of vegetables, pulses & their products, spices, eggs, meat and fish. While jump in vegetable prices expected, inflation in cereals & their products worrying.
Food inflation, which accounts for nearly half of the overall consumer price basket, moderated further to 3.84% compared with 4.79% in the previous month.
This special edition of Cut The Clutter, straight from the Siliguri corridor, details the strategic importance of the narrow strip of land in West Bengal, and how it’s a vital link connecting the Northeast to the rest of India.
We now live in a world order that will keep shifting. India must use this window. This also means we remain disciplined enough not to be knee-jerked into reacting to what Pakistan sees as its moment in the sun.
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