Inflation
Government Extends Customs Duty Exemption on Masoor Dal until March 2025
Food inflation, constituting a significant portion of the overall consumer price basket, surged by 8.7% in November, compared to 6.61% in October.
Wholesale Price Inflation Reaches 8-Month High After Exiting Negative Territory
This surge in Wholesale Price Index (WPI) inflation to its highest level in eight months contrasts with the preceding months' decline in wholesale prices. In October 2023, WPI inflation stood at -0.52 percent, a stark contrast to the 6.12 percent recorded in November 2022.
Cooling inflation in US might enable Fed to pause any further rate hike
The US government said that prices for consumers inched higher in November, but the pace of inflation continued to slow down from last year, media reports said.
Cooling inflation in US might enable Fed to pause any further rate hike
The US government said that prices for consumers inched higher in November, but the pace of inflation continued to slow down from last year, media reports said.
Markets Remain Rangebound, Anticipating US Inflation Data
s these favorable developments are largely factored into current prices, the market is expected to await crucial incoming data before making further moves. On Tuesday, the BSE Sensex is trading down 32 points at 69,896, with L&T and Maruti each experiencing a 1% decline.
RBI Survey Reveals Growing Expectations of Increased Inflation Among Households
Household projections align closely with anticipated inflation in food products and services over the next three months.
US Fed, ECB, Bank of England Set to Maintain Current Interest Rates
This stands against the backdrop of potential recessions on both sides of the Atlantic ahead of critical elections.
Commercial LPG Prices Surge
In Delhi, the cost of a 19 kg LPG cylinder has surged to Rs 1,796.50, while in Kolkata, it stands at Rs 1,908. Mumbai and Chennai report prices of Rs 1,749 and Rs 1,968, respectively, for the same 19 kg LPG cylinder.
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