Middle-class woes
The Indian middle class, often hailed as the backbone of the nation’s economy, is at a critical juncture.
The Indian middle class, often hailed as the backbone of the nation’s economy, is at a critical juncture.
The retail inflation, measured by the Consumer Price Index (CPI) in November, fell from a 14-month high of 6.21% in October.
Healthy farm incomes should provide support to rural incomes next fiscal (FY26) and lower inflation and scope for reduced interest rates should improve purchasing power for discretionary spending in India, a report showed on Wednesday.
The US Federal Reserve’s decision to lower its benchmark interest rate to a range of 4.25-4.50 per cent marks a turning point in its monetary policy.
The annual rate of inflation based on the all-India wholesale price index (WPI) number is 1.89% (provisional) for the month of November, data released by the government said on Monday.
According to the Union Consumer Ministry, in places where prices have increased significantly, onions are being removed from the buffer stock in both the wholesale and retail sectors
The WPI inflation has remained in the deflationary zone for the sixth month in a row in September, the data revealed.
In the ever-fluctuating realm of economics, forecasts serve as guiding stars for policymakers, investors, and citizens alike.
According to the report, the JI Leader called on the countrymen to come out in protest against rising inflation and inflated electricity bills and make the nationwide strike successful.
The recent forecast of high inflation in coming months by the Union Finance Ministry has sent ripples among Indian consumers…
