Inflation

New Delhi: Prime Minister Narendra Modi on Tuesday said the government will be taking more measures to tackle inflation so as to minimise the burden of price rise on people. In his address to the nation on the 77th Independence Day, Modi…

New Delhi: Reserve Bank of India’s (RBI’s) Governor Shaktikanta Das has said that the central bank will strive to get headline inflation to its 4 per cent target, however, flagged El Nino as a challenge to its efforts. The governor in an…

New Delhi: Reserve Bank of India Governor Shaktikanta Das on Friday said the cooling off in headline inflation to 4.7 per cent during April is "very satisfying". The governor said the release of the official data on Friday gives…

New Delhi: The average retail price of milk in India has increased by 12 per cent from a year ago to Rs 57.15 ($0.6962) per liter. According to a report by Bloomberg, a mix of factors is at play, a jump in the cost of cereals has made…

New Delhi: Inflation in India is expected to come down from 6.8 percent in the current fiscal year ending March 31 to 5 percent the next fiscal, and then drop further to 4 percent in 2024, the International Monetary Fund (IMF) said on…

New Delhi: Terming price rise as a major challenge, Reserve Bank Governor Shaktikanta Das on Saturday expressed hope that inflation print for October will be lower than 7 per cent. Retail inflation in September increased to 7.4 per cent…

New Delhi: RBI Monetary Policy Committee (MPC) member Jayanth R Varma on Monday said that the impact of monetary policy tightening on inflation will be felt after five to six quarters. The central bank is mandated to keep inflation at 4…

Colombo: Sri Lanka's annual inflation rate surged to more than 70% in August as it struggles with its worst economic crisis in more than 70 years. Official data also showed food prices rose by 84.6% compared to a year ago. The South…

Washington: The world economies may fall into a global recession next year amid aggressive monetary policy tightening by central banks to tame inflation, the World Bank said. Several historical indicators of global recessions are already…

New Delhi: The price situation of major essential commodities is monitored by the Government on a regular basis and corrective action is taken from time to time. Several supply-side measures have been taken by the Government to address…