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.
As we move into the second half of the fiscal year, the Reserve Bank of India’s (RBI) forecast of a 4.5 per cent average inflation rate brings some optimism.
After the rate cut decision, the US dollar turned higher, putting pressure on gold like safe commodities.
The wholesale price index (WPI)-based inflation in August cooled to a four-month low of 1.31 per cent.
India's retail inflation remained under the crucial 4 per cent threshold for the second consecutive month in August, marking a positive turn for the country’s economic stability.
Russia's central bank has increased its key interest rate from 18 per cent to 19 percent in an effort to curb inflation, the bank said in a statement on Friday.
