Economic growth shouldn’t have to suffer for want of a market solution
4 months, 1 week ago

Economic growth shouldn’t have to suffer for want of a market solution

Live Mint  

There is an old ditty that India’s struggle with inflation brings to mind: For want of a nail the shoe was lost / For want of a shoe the horse was lost / For want of a horse the rider was lost / For want of a rider the message was lost / For want of a message the battle was lost / For want of a battle the kingdom was lost / And all for the want of a horseshoe nail. For want of control over some vegetable prices, India’s economic growth is repressed. The government cannot control vegetable prices, except by measures like export bans that depress sowing and guarantee shortages and higher prices in the following harvest season. Decentralized food-processing has the added advantage of slashing India’s notoriously high crop damage and post-harvest losses, thereby increasing total supply. If India Inc launches a nationwide campaign to drive behavioural change in kitchens, processed ingredients could sell in sufficient volumes for bulk substitution to plug gaps in fresh-veggie supply and crush price volatility—and make monetary policy easier to conduct.

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History of this topic

Cereal, edible oil prices seen rising, volatility in commodity prices pose upside risk to inflation outlook: RBI bulletin
1 week, 3 days ago

Cereal, edible oil prices seen rising, volatility in commodity prices pose upside risk to inflation outlook: RBI bulletin

The Hindu  

Though headline inflation has moderated significantly from above 6% in October 2024 to 3.6% in February 2025, high frequency food price data for March so far show an increase in cereal prices, both for rice and wheat, Reserve Bank of India officials said. Stating that in the tariff war regime, the pass-through of higher tariffs to consumer prices remains a …

India’s WPI Inflation Rises to 2.38% in February
1 week, 5 days ago

India’s WPI Inflation Rises to 2.38% in February

Deccan Chronicle  

New Delhi: With the increase in fuel and power prices along with higher costs in the manufacturing sector, India’s wholesale price index or WPI-based inflation in February 2025 marginally rose to 2.38 per cent from 2.31 per cent in January. The wholesale inflation came after headline retail inflation on Wednesday showed that Consumer Price Index based inflation eased to a …

India’s wholesale inflation rises to 2.38% in February
1 week, 5 days ago

India’s wholesale inflation rises to 2.38% in February

Live Mint  

New Delhi: India’s inflation based on wholesale prices rose to 2.38% in February, up from 2.31% in the previous month, show the Union commerce ministry’s provisional data released on Monday. Food prices decline Food prices, a major contributor to the index, increased by 5.94% annually in February, but eased from December’s 8.85% rise and January’s 7.47%. Beyond food prices Manufactured …

India’s retail inflation dips below 4%, February index at 7-month low
2 weeks, 3 days ago

India’s retail inflation dips below 4%, February index at 7-month low

Firstpost  

India’s retail inflation fell below 4% in February for the first time in six months mainly due to a decline in vegetable prices. Annual retail inflation in February eased to 3.61%, below economists’ estimate of 3.98% and the lowest since July Tomatoes covered with newspapers are seen in baskets at a vegetable wholesale market in Navi Mumbai on August 4, …

India's Retail Inflation Drops To 7-Month Low Of 3.61% In February 2025
2 weeks, 3 days ago

India's Retail Inflation Drops To 7-Month Low Of 3.61% In February 2025

ABP News  

India’s retail inflation, measured by the Consumer Price Index, fell to a seven-month low of 3.61 per cent in February 2025, down from 4.31 per cent in January, as vegetable prices declined, according to government data released on Wednesday. India’s Industrial Output India's industrial production grew by 5 per cent in January 2025, driven primarily by the strong performance in …

India's Wholesale Inflation Expected To Drop To 2% In February, Says Report. Here's Why
2 weeks, 3 days ago

India's Wholesale Inflation Expected To Drop To 2% In February, Says Report. Here's Why

ABP News  

India's Wholesale Price Index inflation is expected to decrease to 2 per cent in February 2025, down from 2.3 per cent in January, mainly due to a drop in oil prices and a seasonal dip in food prices, according to a report by Union Bank of India. The report said, "Wholesale Price Index is expected to moderate to 2.0 per …

Retail inflation likely eased further to 3.9% in February: Mint poll
2 weeks, 5 days ago

Retail inflation likely eased further to 3.9% in February: Mint poll

Live Mint  

India's retail inflation likely eased further to 3.9% in February from 4.3% in the previous month, driven by a continued decline in food prices, according to a Mint poll of 25 economists. "The reversal of spikes in volatile food items and fading of one-off shocks such as in edible oil prices suggests a continued fall in headline inflation, which is …

Retail inflation likely fell below 4% in February: Report
Trending News
2 weeks, 5 days ago

Retail inflation likely fell below 4% in February: Report

India Today  

India's February consumer inflation likely eased below the Reserve Bank of India's medium-term target of 4.0% for the first time in six months on moderating food price rises, a Reuters poll showed, bolstering expectations of interest rate cuts. As fresh winter produce hit markets over the past few months, food items - which make up nearly half of the inflation …

Prices of home-cooked Veg Thali drops while Non-Veg Thali surges in February: Report
2 weeks, 5 days ago

Prices of home-cooked Veg Thali drops while Non-Veg Thali surges in February: Report

India TV News  

Prices of home-cooked Veg Thali drops while Non-Veg Thali surges in February: Report Crisil has released its latest report on food inflation in India which has stated that home-cooked vegetarian thali price has declined while non-veg thali has increased in February on YoY basis. In a relief for the households, the cost of a home-cooked vegetarian thali declined by 1 …

India's Food Inflation Drops Below 5% In Feb 2025: Report
Trending News
3 weeks ago

India's Food Inflation Drops Below 5% In Feb 2025: Report

ABP News  

Food inflation in India is likely to have dropped below 5 per cent for the first time since June 2023, according to a report by Union Bank of India. The report also highlighted that India's overall retail inflation is expected to have eased further in February 2025, falling below the 4 per cent mark, mainly due to a decrease in …

Food inflation in India likely falls below 5 per cent in February for the first time since June 2023: Report
Trending News
3 weeks ago

Food inflation in India likely falls below 5 per cent in February for the first time since June 2023: Report

India TV News  

Food inflation in India likely falls below 5 per cent in February for the first time since June 2023: Report Retail inflation for farm and rural workers eased slightly to 4. A report published by the Union Bank of India stated that the food inflation in India likely fell below 5 per cent for the first time since June 2023. …

Trade-related policies to stroke inflation, heighten market turbulence: RBI Bulletin
1 month, 1 week ago

Trade-related policies to stroke inflation, heighten market turbulence: RBI Bulletin

The Hindu  

The near-term outlook of the global economy is being shaped by trade-related policies of major economies amid slowing pace of disinflation and these policies could stoke inflation, engender tighter financial conditions, and heighten market turbulence, Reserve Bank of India officials said in the February edition of RBI Bulletin released on Wednesday. However in India, high frequency indicators point towards a …

Catching a break: On the inflation dip and households
Trending News
1 month, 2 weeks ago

Catching a break: On the inflation dip and households

The Hindu  

A healthy winter harvest of vegetables reined in food inflation to a five-month low of 6% in January, driving down India’s consumer price inflation to 4.3%, tantalisingly close to the 4% median target pursued by the Reserve Bank of India. As per its own reckoning, with this quarter expected to average 4.4% inflation, there may be a minor uptick from …

India’s WPI Inflation Eases to 2.31% in January 2025
Trending News
1 month, 2 weeks ago

India’s WPI Inflation Eases to 2.31% in January 2025

Deccan Chronicle  

New Delhi: After a significant dip in the headline retail inflation, India’s wholesale price index or WPI-based inflation eased to 2.31 per cent January, 2025, mainly due to the decline in prices of food items, especially vegetables. As per the data, inflation in food items eased to 5.88 per cent in January, as against 8.47 per cent in December 2024. …

India’s wholesale inflation eases to 2.31% in January as food prices cool
1 month, 2 weeks ago

India’s wholesale inflation eases to 2.31% in January as food prices cool

Live Mint  

New Delhi: India’s wholesale price index-based inflation eased to 2.31% in January from 2.37% in December due to a decline in food prices, especially vegetables, according to the provisional data released by the commerce and industry ministry on Friday. Beyond food prices Manufactured product prices, which make up around 64% of the wholesale price index, rose 2.51% in January, up …

Wholesale price inflation eases to 2.31% in January 2025
1 month, 2 weeks ago

Wholesale price inflation eases to 2.31% in January 2025

The Hindu  

India’s wholesale price inflation eased fractionally from 2.37% in December to 2.31% in January, with a deceleration in food inflation being almost offset by an uptick in manufactured costs’ price rise pace, government data released on Friday showed. The Commerce and Industry Ministry attributed the positive rate of inflation in January, primarily to an increase in prices of manufactured food …

Food prices to be under control, critical imports mired in uncertainty: Nirmala Sitharaman
1 month, 2 weeks ago

Food prices to be under control, critical imports mired in uncertainty: Nirmala Sitharaman

The Hindu  

Food prices are expected to be under control in the coming year, going by advance estimates of crop output, but the government will keep monitoring prices and act to ensure that ordinary citizens are not burdened by inflation, Union Finance Minister Nirmala Sitharaman told the Rajya Sabha on Thursday. Responding to members’s concerns about high inflation during the discussion in …

Retail Inflation Rate Falls to Five-Month Low of 4.31 per Cent in January
1 month, 2 weeks ago

Retail Inflation Rate Falls to Five-Month Low of 4.31 per Cent in January

Deccan Chronicle  

New Delhi: The common man is likely to get some relief in their household budgets as India's headline retail inflation rate fell to a five-month low of 4.31 per cent in January, mainly due to the significant fall in the prices of vegetables and pulses that eased during the month. Meanwhile, India’s industrial output growth slowed to a 3-month low …

Falling food prices push January inflation to five-month low of 4.31%; edible oil inflation spikes to 33-month high
1 month, 2 weeks ago

Falling food prices push January inflation to five-month low of 4.31%; edible oil inflation spikes to 33-month high

The Hindu  

India’s retail inflation cooled to a five-month low of 4.31% in January, from 5.22% in December 2024, and 5.1% a year ago. Rupee depreciation impact The RBI has projected inflation to average 4.4% between January to March, which could imply mild spikes in the price rise pace over this month and the next. Vegetables inflation more than halved to 11.3% …

Retail inflation hits five-month low in January; industrial output slows in December
1 month, 2 weeks ago

Retail inflation hits five-month low in January; industrial output slows in December

Live Mint  

India's retail inflation eased to a five-month low in January, driven by a slower increase in food prices, according to provisional government data released on Wednesday. Food inflation, a persistent challenge, rose 6.02% in January compared to 8.39% annual rise in December, 9.04% in November, and 8.30% in the year-ago period. A Mint poll of 23 economists had estimated retail …

India's retail inflation dips to 4.31% in January, hits a five-month low
1 month, 2 weeks ago

India's retail inflation dips to 4.31% in January, hits a five-month low

India Today  

India's retail inflation has dipped to 4.31%, a five-month low, in January 2025, according to the data released by the National Statistics Office on Wednesday, marking a substantial drop from 5.22% in December 2024 and 5.1% in January 2024. The said data showed a drop of 91 basis points in headline inflation when compared to December 2024, marking the lowest …

Retail inflation eases to five-month low of 4.31% in January
1 month, 2 weeks ago

Retail inflation eases to five-month low of 4.31% in January

New Indian Express  

Supported by softening food prices, India's retail inflation, measured by the Consumer Price Index, eased to 4.31% in January 2025, down from 5.22% in December 2024, according to data released by the Ministry of Statistics and Programme Implementation on Tuesday. Food inflation, as measured by the Consumer Food Price Index, dropped to 6.02% in January 2025, its lowest level since …

Economic Survey Flags Food Inflation Risks
1 month, 4 weeks ago

Economic Survey Flags Food Inflation Risks

Deccan Chronicle  

Chennai: India's consumer price inflation will progressively align towards the inflation target in FY26 in the event of a normal monsoon and no further external or policy shocks. However, Economic Survey finds food inflation as a matter of concern and calls for investment in climate-resilient crops, improved food stock management, and greater efficiency in supply chains. The RBI and the …

The Great Indian Tomato Mystery: Why your curry costs more than ever
1 month, 4 weeks ago

The Great Indian Tomato Mystery: Why your curry costs more than ever

Live Mint  

The Government of India tabled the Economic Survey 2024-25 report on Friday, January 31, in Parliament ahead of Finance Minister Nirmala Sitharaman's Union Budget presentation on February 1. “Uneven monsoon-induced supply disruptions in certain regions caused price pressures, mainly in tomatoes and onions, contributing to higher inflation rates in vegetables and overall food inflation,” according to the survey report. The …

India needs to develop climate-resilient crop varieties: Economic Survey
1 month, 4 weeks ago

India needs to develop climate-resilient crop varieties: Economic Survey

Deccan Chronicle  

New Delhi: India needs to develop climate-resilient crop varieties and enhance yields to increase the production of pulses, oilseeds, tomatoes and onion to ensure long-term price stability, the Economic Survey 2024-25 on Friday said amid persisting concerns over food inflation. The survey, tabled by Finance Minister Nirmala Sitharaman on Friday in Parliament, emphasised that India's food inflation rate has remained …

India needs to develop climate-resilient crop varieties: Economic Survey
1 month, 4 weeks ago

India needs to develop climate-resilient crop varieties: Economic Survey

The Hindu  

India needs to develop climate-resilient crop varieties and enhance yields to increase the production of pulses, oilseeds, tomatoes and onion to ensure long-term price stability, the Economic Survey 2024-25 on Friday said amid persisting concerns over food inflation. The Survey, tabled by Finance Minister Nirmala Sitharaman in Parliament, emphasised that India's food inflation rate has remained firm, driven by a …

Economic Survey 2024-25 lists global pressure, domestic challenges as factors affecting prices, inflation
1 month, 4 weeks ago

Economic Survey 2024-25 lists global pressure, domestic challenges as factors affecting prices, inflation

Firstpost  

The survey highlights that inflation in India will witness positive signs in inflation management. The Reserve Bank of India and the IMF have projected that India’s consumer price inflation will align with the target of 4 per cent in the next financial year The Economic Survey 2024-25, tabled by Finance Minister Nirmala Sitharaman on Friday in the Lok Sabha, listed …

India needs to develop climate-resilient crop varieties: Economic Survey 2024-25
1 month, 4 weeks ago

India needs to develop climate-resilient crop varieties: Economic Survey 2024-25

New Indian Express  

NEW DELHI: India needs to develop climate-resilient crop varieties and enhance yields to increase the production of pulses, oilseeds, tomatoes and onion to ensure long-term price stability, the Economic Survey 2024-25 on Friday said amid persisting concerns over food inflation. The survey, tabled by Finance Minister Nirmala Sitharaman on Friday in Parliament, emphasised that India's food inflation rate has remained …

Inflation matrix: On the numbers and trends
2 months, 1 week ago

Inflation matrix: On the numbers and trends

The Hindu  

In the final inflation print before the Union Budget for 2025-26 is presented, followed by the first review of the monetary policy led by the new Governor of the Reserve Bank of India in early February, the price rise faced by Indian consumers eased to 5.22% in December. Food inflation moderated from over 9% in the previous month to 8.4% …

India's wholesale price inflation rises to 2.37 per cent in December
Trending News
2 months, 2 weeks ago

India's wholesale price inflation rises to 2.37 per cent in December

India TV News  

Wholesale price inflation: India’s wholesale price index in December rose to 2.37 per cent from 1.89 per cent in November 2024, according to government data released by the Ministry of Commerce and Industry on Tuesday. The Wholesale Price Index based inflation was 1.89 per cent in November 2024. Inflation in food articles items to eased to 8.47 pc As per …

Retail inflation eases to four-month low of 5.22% in December 2024
2 months, 2 weeks ago

Retail inflation eases to four-month low of 5.22% in December 2024

The Hindu  

India’s retail inflation eased a bit to a four-month low of 5.22% in December 2024 from 5.5% in November 2024, with food inflation cooling marginally from 9.04% in November to 8.4% last month, the National Statistics Office said on Monday. With December’s inflation print, India’s Consumer Price Inflation has averaged 5.63% in the third quarter of 2024-25, just a little …

India’s retail inflation moderates to four-month low of 5.22% in December driven by easing food prices
Trending News
2 months, 2 weeks ago

India’s retail inflation moderates to four-month low of 5.22% in December driven by easing food prices

Live Mint  

New Delhi: India's retail inflation eased to a four-month low in December, driven by a slower increase in food prices, according to provisional government data released on Monday. A Mint poll of 25 economists had estimated retail inflation at a four-month low of 5.3% in December, driven by the seasonal decline in food prices. "In the months ahead, food inflation …

Rahul Gandhi visits Delhi vegetable market, slams Centre over soaring prices
3 months ago

Rahul Gandhi visits Delhi vegetable market, slams Centre over soaring prices

India Today  

Congress leader and Leader of Opposition in the Lok Sabha, Rahul Gandhi, took a jibe at the government on Tuesday, accusing it of being indifferent to the struggles of the common people amid soaring inflation. Sharing a video on social media, Gandhi said, “People are struggling with rising prices and are forced to compromise on their daily needs while the …

Vocal on growth, silent on inflation
3 months ago

Vocal on growth, silent on inflation

The Hindu  

In November, a Cabinet Minister reportedly stated at a press conference that the Reserve Bank of India should focus on growth and not be concerned with food price inflation. From the data in the Ministry of Statistics and Programme Implementation’s ‘National Accounts Statistics 2024’, we can see a correlation between the rise in food price inflation from 2019-20 onwards and …

India’s WPI Inflation Drops to 1.89 Percent in November on Food Prices
3 months, 1 week ago

India’s WPI Inflation Drops to 1.89 Percent in November on Food Prices

Deccan Chronicle  

New Delhi: With the decline of prices of food items, especially vegetables and onions, India’s wholesale price index or WPI-based inflation fell to a three-month low of 1.89 per cent in November, down from 2.36 per cent in October, while the WPI-based inflation stood at 0.39 per cent in November last year, the government data showed on Monday. As per …

India’s wholesale inflation dips to 1.89% in November after hitting four-month high in October
Trending News
3 months, 1 week ago

India’s wholesale inflation dips to 1.89% in November after hitting four-month high in October

Firstpost  

Headline retail inflation, the key target for the Reserve Bank of India’s monetary policy decisions, eased to 5.48% in November, down from 6.21% in the prior month India’s wholesale inflation slowed in November to 1.89% year-on-year, easing from the previous month, due to a smaller increase in food prices, government data showed on Monday. The wholesale inflation rate, a proxy …

Wholesale food inflation cooled to 8.9% in November from 25-month high of 11.6%
Trending News
3 months, 1 week ago

Wholesale food inflation cooled to 8.9% in November from 25-month high of 11.6%

The Hindu  

India’s wholesale prices rose at a three-month low pace of 1.89% in November, easing from October’s 2.4% uptick, with food price inflation decelerating to 8.9% from a 25-month high of 11.6% in the previous month, even as manufactured products’ inflation accelerated to 2%. EDITORIAL | Price worries: On inflation Among manufactured products, some of the important groups that showed month-over-month …

Retail inflation slows down in November
3 months, 2 weeks ago

Retail inflation slows down in November

Deccan Chronicle  

New Delhi: With the significant easing of food prices, especially vegetables, India’s retail inflation slowed to 5.48 per cent in November as compared to 6.21 per cent in October. “But the CPI-based headline inflation increased from an average of 3.6 per cent during July-August to 5.5 per cent in September and further to 6.2 per cent in October 2024, the …

India’s retail inflation eases to 5.48%, industrial production rises to 3-month high
3 months, 2 weeks ago

India’s retail inflation eases to 5.48%, industrial production rises to 3-month high

Firstpost  

These positive developments come as India grapples with a seven-quarter low in real GDP growth, which fell to 5.4 per cent in the July-September period, down from 6.7 per cent in the previous quarter In positive developments for the Indian economy, the country’s retail inflation cooled, while industrial production saw an uptick, according to recently released data. Food inflation eases …

Consumer inflation moderates slightly to 5.5% in November
3 months, 2 weeks ago

Consumer inflation moderates slightly to 5.5% in November

The Hindu  

India’s retail inflation cooled slightly to 5.5% in November from a 14-month high of 6.2% in October, but remained significantly elevated for rural consumers at 5.95%, while dropping to 4.8% for their urban counterparts. “The decline in inflation in November 2024 is mainly due to decline in inflation in ‘food & beverages’ group,” the National Statistics Office said, pointing to …

Retail inflation slows slightly at 5.48%
3 months, 2 weeks ago

Retail inflation slows slightly at 5.48%

Hindustan Times  

Retail inflation rose to 5.48% last month, a slower pace of increase compared to 6.21% in October, data from the Ministry of Statistics and Programme Implementation showed on Thursday. Despite the slowing pace of growth in prices, the Consumer Price Index-based rate of retail inflation stayed above the Reserve Bank of India’s 4% tolerance level, with two percentage points of …

India’s retail inflation moderates to 5.48% in November, IIP expands to 3.5% in October
3 months, 2 weeks ago

India’s retail inflation moderates to 5.48% in November, IIP expands to 3.5% in October

Live Mint  

Hopes of an early rate cut were rekindled on Thursday as retail inflation fell back within the central bank's tolerance band in November, while factory output hit a three-month high in October, in good news for the economy that slowed in the second quarter. Retail inflation based on the consumer price index fell to a three-month low of 5.48% in …

Retail inflation eases to 5.48% in November as compared to 6.21% in October, check main reasons
Trending News
3 months, 2 weeks ago

Retail inflation eases to 5.48% in November as compared to 6.21% in October, check main reasons

India TV News  

India's retail inflation has declined to 5.48 per cent in November compared to 6.21 pewr cent in October, mainly due to easing food prices, especially vegetables, according to government data released on Thursday. According to Consumer Price Index data released by the National Statistics Office, the inflation in the food basked reduced to 9.04 per cent in November. The CPI-based …

Rising food inflation: Thali costs soar 7% YoY on pricey staples like potatoes, tomatoes
3 months, 3 weeks ago

Rising food inflation: Thali costs soar 7% YoY on pricey staples like potatoes, tomatoes

Live Mint  

The cost of a home-cooked vegetarian meal, or thali, climbed 7% year-on-year in November, driven by a sharp rise in vegetable prices, rating agency Crisil Ltd said on Thursday. On a monthly basis, the cost of a vegetarian thali fell 2% in November, thanks to a 17% drop in tomato prices as fresh supplies from Madhya Pradesh, Maharashtra, and Gujarat …

Vegetable prices go up in Yadgir due to shortage in supply
3 months, 3 weeks ago

Vegetable prices go up in Yadgir due to shortage in supply

The Hindu  

The prices of vegetables, particularly onion, have gone up in Yadgir owing to a shortage in supply. The prices of other vegetables like cucumber, beans, carrot, brinjal, cluster beans, bitter gourd, acorns, beetroot, lady’s finger and tomato are ranging between ₹60 and ₹80 per kg. The price of onion will possibly not come down till the end of February next …

India Expects Relief in Food Inflation with Strong Kharif Harvest
4 months ago

India Expects Relief in Food Inflation with Strong Kharif Harvest

Deccan Chronicle  

As per the report, India’s retail inflation jumped to 6.21 percent in October, a 14-month high, driven by elevated food inflation in a few vegetables. A bumper kharif harvest is expected to lower food inflation in the coming months," it said, adding that a favourable monsoon, adequate reservoir levels and higher minimum support prices are likely to boost rabi sowing …

Food Inflation To Calm Down In Next Few Months, Says Finance Ministry’s Report
4 months ago

Food Inflation To Calm Down In Next Few Months, Says Finance Ministry’s Report

ABP News  

The finance ministry in its latest economic review for October revealed that food inflation is expected to slowdown in the upcoming months. “Supply disruptions from heavy rains in major producing states contributed to price pressures in tomatoes, onions, and potatoes, while elevated global prices drove up oil and fat inflation,” the ministry in the review stated. The report, released by …

Centre picks innovators to manage tomatoes, analysts say no point reinventing the wheel
4 months, 1 week ago

Centre picks innovators to manage tomatoes, analysts say no point reinventing the wheel

Hindustan Times  

Tomato prices recently scaled a five-year peak, drilling holes in consumers’ pockets across India, the world’s second-largest producer of the vegetable. Prices of tomatoes and onions, two basic ingredients of most Indian dishes, tend to rise and fall every alternate year or so due to weather disruptions, inadequate cold storage facilities and low levels of processing into durable items such …

Unchecked 'sticker shock' from inflation can hurt manufacturing and economy, RBI says
4 months, 1 week ago

Unchecked 'sticker shock' from inflation can hurt manufacturing and economy, RBI says

Hindustan Times  

The Reserve Bank of India said if inflation is allowed to run unchecked, it can undermine the prospects of India's economy, especially for industry and exports. The Reserve Bank of India seal is pictured on a gate outside the RBI headquarters in Mumbai, India, February 2, 2016 This comes after the headline consumer price index inflation rose above the upper …

India’s central bank should adhere to its inflation-targeting mandate
Trending News
4 months, 1 week ago

India’s central bank should adhere to its inflation-targeting mandate

Live Mint  

Less than four years after the government concluded its review of India’s inflation-targeting regime in April 2021 and opted to keep both its target and nitty-gritty—its target range, indicator, etc—unchanged, its view of inflation targeting seems to be shifting. After commerce and industry minister Piyush Goyal and then finance minister Nirmala Sitharaman called for lower interest rates, on Tuesday chief …

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