inflation

New Delhi: Retail inflation rose to a four-month high of 5.08 per cent in June as food products, including vegetables, became more expensive, according to government data released on Friday.Retail inflation based on the Consumer Price Index (CPI) had been declining since January, before rising...

Vegetable prices soared by up to 29.32 per cent during the month as the scorching heat wave in northern states affected production, while pulses prices rose by 16.07 per cent during the month.Cereal prices also increased by 8.65 percent during the month.Inflation had eased to a 12-month low...

New Delhi: According to government data released on Friday, retail inflation increased to 5.08 percent in June due to costlier kitchen items.Consumer Price Index (CPI) based retail inflation stood at 4.8 per cent in May 2024 and 4.87 per cent in June 2023 (previous low).According to data...

New Delhi: Gold price remained firm for the third consecutive session and rose by Rs 250 to Rs 75,350 per 10 grams in the national capital on Friday, according to the All India Sarafa Association.The yellow metal had ended Rs 50 higher at Rs 75,100 per 10 gram in the previous session, a day...

Mumbai, equity benchmarks Sensex and Nifty soared nearly 1 per cent to hit fresh all-time highs on Friday, driven by heavy buying in IT and technology stocks after strong gains from TCS amid hopes of a rate cut by the United States Federal Reserve.A rally in Reliance Industries and Infosys...

Mumbai rupee consolidated in a narrow range and closed 1 paise higher at 83.52 (provisional) against the US dollar on Friday as support from strong domestic stocks was negated by elevated crude oil prices .Forex traders said the rupee inched higher as domestic stocks hit fresh all-time highs...

In New Delhi, Reserve Bank Governor Shaktikanta Das said on Thursday that the issue of changing stance on interest rates is quite premature given the gap between current inflation and the 4 per cent target."Given the gap between current inflation and the 4 percent target, the question of...

New Delhi: Gold price rose by Rs 50 to Rs 75,100 per 10 gram in the national capital on Thursday driven by jeweler buying and a firm trend in international markets, according to the All India Sarafa Association.The precious metal had settled at Rs 75,050 per 10 grams on Wednesday.Silver...

New Delhi: Retail inflation for industrial workers eased to 3.86 per cent in May from 4.42 per cent in the same month a year ago.A statement from the Labor Ministry said the Consumer Price Index-Industrial Workers (CPI-IW) stood at 3.87 per cent in April 2024.According to the statement...

New Delhi: Gold price rose by Rs 400 to Rs 75,050 per 10 gram in the national capital on Wednesday on fresh purchases from jewellers, according to the All India Sarafa Association.The precious metal had closed at Rs 74,650 per 10 grams in the previous session.However, silver prices remained...

The Monetary Policy Committee expects New Zealand's headline inflation to return to within the 1 to 3 percent target range in the second half of this year, Xinhua news agency reported.“Restrictive monetary policy has significantly reduced consumer price inflation,” the committee said in a...

Lucknow, Uttar Pradesh Agriculture Minister Surya Pratap Shahi on Tuesday claimed that pulses are not sold anywhere for more than Rs 100 per kg, prompting a strong response from the opposition, which said the minister himself does not know the current prices of basic products such as wheat...

New Delhi: Gold prices fell by Rs 100 to Rs 73,310 per 10 gram in the national capital on Tuesday amid weak global cues, according to HDFC Securities.The precious metal had settled at Rs 73,410 per 10 grams on Monday.However, silver prices rose by Rs 180 to Rs 94,450 per kg from Rs 94,270...

Kolkata, Retail prices of vegetables, eggs and poultry meat remain high in Kolkata markets, causing suffering to the common man.Tomato prices have soared to Rs 80-100 per kg from Rs 45-50 a month ago, while brinjal is selling at Rs 110-140 per kg, an increase of almost 150 percent since early...

New Delhi, Ashima Goyal, member of the RBI's monetary policy committee, has said that the NDA government led by Prime Minister Narendra Modi in its third term should focus on increasing agricultural productivity and improving the supply chain to reduce the food price volatility.Goyal further...

Skardu [PoGB], Residents of Pakistan-occupied Gilgit-Baltistan (PoGB) have expressed their dissatisfaction and anger over the government's recent budget, complaining that the budget allocations are inadequate and ineffective, Skardu TV reported.A local PoGB resident said in the assembly that...

Islamabad [Pakistan], Employees of a private company staged a protest against the recently announced 'tax-heavy' 2024-25 budget, which further aggravated inflation hit by citizens of Pakistan's salary class, ARY News reported.Hundreds of employees of a private company participated in the...

Islamabad [Pakistan], Following the introduction of the fiscal year 2024-25 budget, Pakistan has witnessed a notable rise in inflation, with the weekly inflation rate rising by 1.28 percent, as reported by ARY News.According to the latest weekly report of Pakistan Bureau of Statistics (PBS)...

In Mumbai, central banks should take responsibility for achieving price stability and should be given independence to act to achieve it, a senior official at the Federal Reserve Bank of New York said on Friday.In a talk at the headquarters of the Reserve Bank of India (RBI), the president and...

Skardu [PoGB], people in the area have expressed their discontent with the budget for Pakistan-occupied Gilgit Baltistan (PoGB), which has neglected local demands in the allocations, Skardu TV, a local PoGB news source, reported.The owner of a small shop in the main market of Skardu town in...