Economy

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Extreme weather, geopolitical tensions risk to inflation: RBI

Conditions shaping up for “trend upshift” in real GDP growth Extreme weather events may pose a risk to India’s inflation in the near-term, along with geopolitical tensions that could keep.

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Why the RBI did not cut rates despite benign inflation-Here is what RBI Governor has to say

Elaborating on the rationale behind keeping the interest rate unchanged despite benign inflation outlook, Shaktikanta Das said, “The success in the disinflation process should not distract us from the vulnerability.

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Tight rate will stifle revival of private investment: Jayanth Varma

‘The economy has been held up by government investment, and the ongoing process of fiscal consolidation is gradually withdrawing that stimulus.’ The risks to the economy from flare-up in tensions.

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India widens its share in China’s imports in FY24

India’s imports from China recorded a moderate growth of 3.29% to $ 101.75 billion in the last financial year. Even though China’s imports from the world declined last fiscal, India.

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Banks must make deposits more attractive for retail customers: RBI MPC external member

Ashima Goyal believes that banks tend to offer better interest rates for bulk corporate deposits that are not sticky. Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) external member,.

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Crude at $100 may push retail inflation by 60 bps, delay rate cut

Costlier crude to inflate oil import bull by $3-bn, fertiliser subsidy by 5% The chances of Brent crude price touching $100-a-barrel in the backdrop of an escalation of the tensions.

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India to receive ‘above normal’ monsoon this year, says IMD

According to the MeT department, El Niño conditions are likely to weaken further during the early part of the monsoon season. India is likely to witness ‘above normal’ monsoon this.

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Skymet, IMD’s ‘above normal’ monsoon predictions for 2024 bodes well for inflation, says CRISIL

“This prediction bodes well for inflation since sticky food inflation has been a bane for the past two fiscals. After the sub-par growth in agriculture GVA in fiscal 2024, normal.

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Experts forecast FY25 CPI inflation at 4.5%; geopolitics, crude prices key concerns

Experts and economists estimated FY25 inflation to average 4.5 per cent. The CPI-based inflation for the month of March eased to a five-month low of 4.85 per cent from 5.09.

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BJP promises overhaul of economic, commercial laws in manifesto

The BJP has also planned industrial cities in different industrial corridors for balanced regional development. The BJP promised an overhaul of existing economic and commercial laws, including those dealing with.

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