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Uncertainties in food price will shape outlook for inflation
The Reserve Bank of India (RBI) has retained its inflation projection for FY25 at 4.5 per cent with Q1 at 4.9 per cent; Q2 at 3.8 per cent; Q3 at 4.6...
RBI needs to contain southward-bound CPI inflation
The latest data suggests that led by sharp reversal in perishable food prices, CPI inflation has edged lower to 6.83 per cent for August. Core CPI for...
Russian oil imports fall to 7-months low
India, world’s third largest oil consumer, reduced imports from Russia for a third consecutive month in August
Poor monsoon worries investors
The poor monsoon is becoming a major worry and unless the rains revive soon, the economy and markets will come under a cloud, says VK Vijayakumar,...
India receives 30% deficient rainfall
In August, the monsoon has fallen significantly short of the long-term average, registering a deficit of 30 per cent, Motilal Oswal Financial Services...
Croma launches its monsoon campaign-Good Life Fest
Customers can enjoy up to 50 per cent off on a wide range of home appliances, including washing machines, water purifiers, air fryers, OTGs,...
Only good monsoon can ensure CPI inflation stays in comfort zone
On the face of it, CPI inflation is already in the comfort zone but sustaining that level into the future will depend on a normal monsoon. The CPI...
Festive season pushes petrol, diesel sales in Sept
Petrol sales soared 13.2% to 2.65 million tonnes, while diesel posted a handsome 22.6% rise in sales in September to 5.99 million tonnes when compared...
