SEARCHED FOR:OCTOBER INFLATION
August CPI inflation at 6.69%: Experts say numbers above RBI target to dampen October rate cut hopes
Retail inflation in August at 6.69% was lower than the 6.85% forecast that analysts had made in a Reuters poll and the 6.73% registered in July.
Aug retail inflation 7%? Bleak projections dash rate cut hopes
Some 50 economists in a Reuters polls projected consumer price inflation to co...
RBI announces launch of latest round of surveys on consumer confidence, inflation expectations
The central bank has been regularly conducting...
India's July retail inflation dims chances of rate cut
July's figure was higher than the 6.15% forecast in a Reuters poll of analysts and 6.23% recorded in June.
With 3 new members in MPC, what to expect in RBI money policy on Oct 1
The central bank is likely to keep its accommodative stance intact and would ensure enough liquidity in the system through various measures.
Persistence of retail inflation beyond 6 per cent may lead to rise in interest rates: Report
The risks of stagflation have increased significantly for the Indian economy which may slow down the effectiveness of monetary and fiscal measures adopted by the central bank and government.
Health insurance policy guidelines set to change from October 1: Here's how it will impact you
New products (filed after October 1, 2019) launched by health insurers are already adhering to the new rules. Whereas for products that are already in the market, IRDAI has given the insurance companies a year (i.e., from October 1, 2019, till September 30, 2020) to comply.
Retail inflation inches up to 6.93% in July on the back of higher food prices
The inflation print exceeds the upper band of the RBI's mid-term inflation target. The RBI had maintained a status quo on policy rates in the recently concluded MPC meeting owing to higher retail inflation.
Wholesale inflation hits 3 year low in October
High food inflation, however, kept the Wholesale Price Index (WPI) from falling into negative zone. Food inflation increased to 9.8% in October from 7.47% in the previous month.
Expect 50 bps rate cut by October: Bank of America
India's economy may contract by 3 to 5 per cent in FY'21, which may trigger a 50 to 150 bps points reduction in benchmark repo rate by the central bank during the year.
RBI move judicious, forget rate cut at least till Oct, say analysts
The central bank has already reduced the repo rate by a total of 115 basis points since February, on top of the 135 basis points in an easing cycle last year, from 6.50 per cent.
Gold prices vault to highest since October 2012 as dollar stumbles
US gold futures were up 0.9 per cent to $1,783.10 per ounce.
Above average monsoons brightens Kharif prospects, conducive for more accommodation by RBI: Report
Crisil Research expects a 2-3% rise in sown area on-year at 109 million hectares for kharif season 2020. The area under paddy cultivation is set to increase because of both rains and reverse migration of labour to the eastern and southern states.
Retail inflation spikes to 16-month high of 4.62% in October
India's Retail inflation for the month of October breached the Reserve Bank of India's (RBI) medium-term target of 4% for the first time sin...
India’s first rate-setting panel bows out with a mixed record
The MPC held its last policy meeting under its current term on Aug. 4-6. The committee will now be overhauled with three new external members expected to join by October and possibly changes to its targeting framework being introduced sometime next year.