Bitcoin Falls to Record-Low of $21K Over Worrying Inflation Data
San Francisco, June 14: Top cryptocurrency Bitcoin (BTC) further nosedived to around $21,000 per coin on Tuesday, a level it saw some five years ago. It […]
Inflation
WPI inflation reaches a record 7.4%
Economists expect further rise in wholesale prices, partial transmission in CPI inflation Inflation based on the Wholesale Price Index (WPI) rose to a record 7.4% […]
Business Live: Shares give up early gains on record fresh virus cases; WPI inflation spikes to over 8-year high of 7.39% in March
The Nifty and the Sensex opened the day on a dull note with minor losses as coronavirus cases continue to surge in India. Join us […]
WPI inflation exceeds 8-year high of 7.39% in March
Inflation in the basket of fuel and electricity was 10.25% in March. Wholesale price-based inflation hit an 8-year high of 7.39% in March due to […]
Business Live: Shares rise after a sharp virus-led decline; Retail inflation reached 5.52%
After yesterday’s heavy losses, the Sensex and Nifty opened the day with a positive outlook. Join us as you follow the top business news through […]
IIP contract in February is 3.6%; Retail inflation rose to 5.52% in March
India’s industrial production declined by 3.6% in February, official data showed on Monday. In addition, retail inflation rose to 5.52% in March, mainly due to […]
FinMin says flexible inflation is working well
October 2016 – Headline inflation averaged 3.9% as of March 2021 Flexible inflation targeting the monetary policy regime has been successful in providing a favorable […]
RBI has set a retail inflation target of 5.2% for the first half of FY 2012
Earlier, the central bank had estimated retail inflation at 5.2% for the 2021 March quarter. The Reserve Bank on Wednesday said it expects retail inflation […]
Government. 4% inflation target for RBI’s rate panel for 2021-26
Centre’s decision ensures ‘continuity’, eliminating speculation on price stability goals A top finance ministry official said on Wednesday that the Center has decided to retain […]
‘Inflation at worrisome levels, oil prices will remain under pressure’
India was expected to maintain the current inflation targeting framework: Moody’s Analytics Inflation levels have plummeted and assuming a ‘worrisome’ ratio in India, Moody’s Analytics […]