Traveling ,Gardening & Finance
Traveling ,Gardening & Finance
India’s annual retail inflation quickened to 1.33% in December from 0.71% in November, as the decline in food prices moderated, government data showed on Monday. A worker unloads sacks of onions from a truck, at a wholesale vegetable market in Jalandhar (PTI) Food prices fell 2.71% year-on-year in December against a decline of 3.91% year-on-year […]
The government is likely to retain the Reserve Bank of India’s inflation target, as the existing mechanism is seen as effective in managing inflation in the world’s fourth largest economy. RBI has raised concerns over rising digital fraud cases and unresolved customer complaints across banks. (REUTERS) The government is unlikely to change the RBI inflation […]
The Reserve Bank of India’s inflation forecasting model is coming under increasing scrutiny from economists after the central bank consistently overestimated price pressures this year, contributing to a hawkish policy approach. With India’s inflation remaining soft, the RBI likely missed an opportunity to take pre-emptive action in August and October, PMEAC member Soumya Kanti Ghosh […]
