India's retail inflation rate based on Consumer Price Index was 5.88 per cent in November from 6.77 per cent during October. Retail inflation in India had remained above 6 per cent till October for over three quarters, which was beyond RBI's comfort zone.
Inflation in India has moderated recently but it is "certainly not out", said the Reserve Bank of India's monthly bulletin released on Tuesday, adding that the price rise has "broadened and become stubborn".
New Delhi [India], October 14 (ANI): Wholesale inflation in India softened substantially in September led by a broad-based moderation in prices -- for both food and non-food items, said Morgan Stanley.
New Delhi [India], October 14 (ANI): India's wholesale price index-based inflation eased to 10.7 per cent in September as against 12.41 per cent recorded in the previous month, as per the government data released on Friday.
New Delhi [India], October 13 (ANI): Volatility in Indian stock markets continues to remain as they again declined on Thursday morning. Today's decline was largely due to elevated inflation levels in the country.
New Delhi [India], October 13 (ANI): The unseasonal rains in different parts of India, particularly in cereal-producing states, could have a "significantly large impact" on cereal and vegetable prices, said SBI Research in its latest 'Ecowrap' report.
Mumbai (Maharashtra) [India], September 28 (ANI): The monetary policy committee of the Reserve Bank of India is all set for its bi-monthly review meeting starting today.
New Delhi [India], September 18 (ANI): All is not well in global financial markets. Market participants are not aggressively participating and are largely shying away from making large bets, especially on concerns of aggressive global monetary policy tightening by various central banks to
New Delhi [India], September 14 (ANI): Snapping fourth straight session gains, Indian stocks opened Wednesday's trade with a sharp cut on account of consistent red-hot consumer inflation in the US.
New Delhi [India], September 13 (ANI): India's retail inflation rose to 7 per cent in August from 6.71 per cent the previous month due to a sharp rise in food prices, as per the government data released on Monday.
New Delhi [India], September 11 (ANI): Despite sharp volatility in financial markets globally this week, the Indian stocks managed to close the weekly trade with some gains.