RBI said the MPC decided to remain focused on withdrawal of accommodation to ensure that inflation progressively aligns to the target, while supporting growth
She said the condition of the poor, labourers, farmers, small businessmen, and the middle class could have been improved considerably had the Constitution has been implemented in the right manner.
The IMF warned in September that Sri Lanka's "full economic recovery is not yet assured."
Figures from the state statistical service Rosstat released on Nov. 1 show a huge spike in prices for some foods compared with 2022 — 74% for cabbage, 72% for oranges and 47% for cucumbers.
The report said monitoring financial flows in external sector is crucial as they impact the value of the Indian rupee and the balance of payments.
After dry weather damaged harvests in India and Thailand, sugar trading at highest prices since 2011 worldwide
This is just the latest hit for developing nations already coping with shortages in staples like rice and bans on food trade that have added to food inflation.
Even though oil prices have been declining for four consecutive months, central banks are in no mood to let go.
Says retail inflation reading of around 5% and 4.9% in September and October, respectively, is welcome relief
Food inflation rate sees mixed trend, oil and fat prices fall 14%, pulse prices rise 19%
Chief Minister Bhupesh Baghel announced that if the Congress retains power in Chhattisgarh, women will be given an annual financial assistance of Rs 15,000.
Tasked with shepherding the economy through turmoil they have wrestled with words to pave the transition. There is no room for jargon but there is no dearth of jaw-boning about uncertainty.
Bond supply is swelling due to high deficits, and macro and geopolitical volatility abounds.
The CPI-WPI difference in India can be attributed to the different baskets of items in each index and the relative weights of these items.
The footwear retailer maintained that its customers are ‘resilient’ against the slowdown seen in the broader economy, and expects to make up for lost growth in the third quarter.
Drop a result of sequential fall in food costs, reveal category-wise consumer price indices
A slowdown in imports is usually not a happy augury for an economy like India’s, whose manufacturing sector is import-intensive.
Data released last week showed that the annual retail or consumer price inflation was at 5.02 per cent in September, a 3-month low level.
In the election year, inflation, especially food inflation, holds the potential to threaten the calculations and game plans of the political parties currently in power.
The final outcome of the vote could be ultimately decided by the small margins gained or lost by the smaller parties.
However, compared with September 2022, food inflation is still higher at 6.3% with big spikes in pulse and spices prices.