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.
The latest survey released by FICCI here on Thursday predicted an annual median GDP growth forecast for the year 2024-25 at 7% and CPI inflation at 4.5% for the same period.
The wholesale inflation in India rose for the fourth consecutive month in June at 3.36%, riding on rise in prices of food articles, especially vegetables and manufactured items.
In the intricacies of economic policy, the relationship between inflation and interest rates is a pivotal one.
The economic recovery from the Covid-19 pandemic in India has been marked by a stark K-shaped pattern, where different segments of the population experience recovery at varying rates.
To give common people some respite from sky-rocketing prices of essential commodities in the face of extreme heat, particularly vegetables
