Inflation: News
Central government employees may get DA hike ahead of Holi
The Indian government is planning a dearness allowance (DA) and dearness relief (DR) increase, which could benefit over 12 million central government employees and pensioners.
Experts warn of stagflation shock in US: What it is
Ben Powell, the Chief Middle East and Asia Pacific Investment Strategist at BlackRock Investment Institute, has warned of a possible "stagflation shock" in the US economy.
India's manufacturing sector growth falls to 14-month low in February
India's manufacturing sector slowed down in February, recording the weakest growth in over a year.
India's Q3 GDP growth hits 6.2%, FY25 forecast at 6.5%
India's economy grew by 6.2% year-on-year in the third quarter (Q3) of the current fiscal year (FY25), government data released on Friday showed.
Indian car buyers are hitting the brakes: Here's why
Retail car sales for February 2025 are expected to be the lowest in recent years (barring September 2024), according to a CNBC-TV18 poll.
EPFO retains 8.25% rate on PF deposits for 2024-25
The Employees's Provident Fund Organization (EPFO) has retained an interest rate of 8.25% on employees' provident fund deposits for the fiscal year 2024-25.
Nestle's products in India are set to become more expensive
Nestle India, the local arm of the Swiss multinational food and drink processing conglomerate, is considering a modest price hike for its products.
Gold prices hit record high as Trump tariffs fuel uncertainty
Gold prices hit an all-time high today amid fears over US President Donald Trump's tariff policies.
India's wholesale inflation eases to 2.31% in January
India's wholesale inflation saw a marginal decline in January, falling to 2.31% from December's 2.37%, as per government data released today.
India's January inflation cools to 4.31% as food prices moderate
India's retail inflation has witnessed a sharp decline, dropping to 4.31% in January from 5.22% in December last year.
When will Indian rupee stabilize? Chief Economic Advisor weighs in
India's Chief Economic Advisor (CEA), Dr. V Anantha Nageswaran, has predicted that the depreciation of the Indian rupee could slow down if inflation is tamed.
RBI reduces repo rate for first time in 5 years
Reserve Bank of India (RBI) Governor Sanjay Malhotra has announced a cut in interest rates.
Gold prices cross ₹83,000 per 10g: What's driving the rally?
Gold prices in India have shot up over ₹83,350 per 10gm today, according to the India Bullion Association.
S&P 500 may crash 1,000 points, predicts ex-JPMorgan strategist
Marko Kolanovic, a former top strategist at JPMorgan Chase & Co., has predicted a major crash in the US stock market.
Trump imposes tariffs on imports, 75% Americans unaware of implications
United States President Donald Trump has signed executive orders to impose tariffs on imports from Canada, Mexico, and China.
India's factory activity in January hits 6-month high
India's factory activity witnessed a major spike in January 2025, recording the fastest growth rate in six months.
Trump to impose tariffs on Canada, Mexico, China starting Saturday
United States President Donald Trump has announced new tariffs on imports from Canada, Mexico, and China.
Gas bills soaring? These cooking tips will save you big
In India, where inflation is a harsh reality, every rupee saved counts for most households.
Japan raises interest rates to highest level since 2008
In a historic move, the Bank of Japan (BOJ) has raised its short-term policy rate by a 25 basis points to 0.5%.
Maruti cars to become costlier from February: Check model-wise rates
Maruti Suzuki, India's largest automaker, has announced a price hike across its entire portfolio.
India's wholesale inflation rises in December, food inflation nears 9%
India's wholesale inflation, measured by the Wholesale Price Index (WPI), increased to 2.37% in December from 1.89% in November, despite a marginal change in food prices.
India's retail inflation moderates to 5.22% in December
India's retail inflation has witnessed a decline, hitting a four-month low in December.
You'll need to pay more for a Rolex—blame gold prices!
Swiss luxury watchmaker Rolex is witnessing a massive price hike this year. The increase is largely due to the rising cost of gold.
Rural poverty in India falls below 5% for first time
Rural poverty in India has witnessed a sharp decline, dropping below 5% for the first time in FY 2023-24. The finding comes from a recent SBI Research study.
India's manufacturing activity hits 12-month low in December 2024
India's manufacturing sector slowed down in December 2024, with the Purchasing Managers's Index (PMI) falling to a 12-month low of 56.4.
Gold prices skyrocket in 2024: Will trend continue in 2025?
Gold and silver have ended 2024 on a high note. The precious yellow metal has recorded its best annual performance in over a decade, rising over 26%.
I-T relief expected in 2025: Which income group will benefit?
The Indian government is reportedly considering a reduction in income tax rates for the upcoming 2025-26 Union Budget, particularly for individuals earning up to ₹15 lakh annually.
Gold outperforms Sensex and Nifty with 27% returns in 2024
Gold has been the star performer in the financial market this year, yielding almost 27% returns. The performance beats leading stock market indices including Nifty 50, Sensex and and even the S&P 500.
Budget 2025: Economists urge Modi to cut income tax rates
Leading economists have urged Prime Minister Narendra Modi to consider slashing income tax rates in the upcoming Budget 2025.
'Worst period since 1991': New Zealand sinks into recession
New Zealand is facing its worst economic downturn since the COVID-19 pandemic, with the country's Gross Domestic Product (GDP) unexpectedly plummeting by 1% in the third quarter of 2024.
Inflation will increase cost of Indian household essentials by 5-20%
Inflation is expected to disrupt household budgets, worsening urban demand.
Indian rupee breaches 85 to hit lifetime low against USD
The Indian rupee has seen a sharp depreciation, hitting an all-time low of 85 against the US dollar today.
Q2 GDP slowdown was a temporary blip: Nirmala Sitharaman
Finance Minister Nirmala Sitharaman informed the Lok Sabha on December 17 that the government views the GDP growth slowdown in Q2FY25 as a "temporary blip" and expects improvement in the coming quarters.
Tata Motors cars become costlier by 3% from January 1
Tata Motors, one of the leading Indian automakers, has announced that it will increase the prices of its vehicles by up to 3% across its passenger vehicles portfolio.
RBI lowers FY25 GDP growth forecast from 7.2% to 6.6%
The Reserve Bank of India (RBI) has lowered its growth projection for India's Gross Domestic Product (GDP) for the fiscal year 2025.
RBI maintains repo rate at 6.5% amid inflation, growth concerns
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) has opted to keep the repo rate unchanged at 6.5% for the 11th consecutive meeting.
How RBI Governor responded to commerce minister's rate cut call
Union Commerce Minister Piyush Goyal urged the Reserve Bank of India to "definitely cut interest rates" while speaking at the CNBC-TV18 Global Leadership Summit on Thursday.
India's wholesale inflation hits 4-month high on rising food prices
India's wholesale inflation rose to a four-month high of 2.4% in October, significantly up from last month's 1.84%.
Retail inflation in October touches 14-month high of 6.21%
India's retail inflation, measured by the Consumer Price Index (CPI), hit a 14-month high of 6.21% in October.