August 13, 2025 4:00 PM

India’s headline inflation may ease to 3.5% in FY26: Crisil

India’s headline inflation is expected to average 3.5 per cent in the current fiscal (FY26), down from 4.6 per cent last year, according to a report by Crisil released on Wednesday. The decline is attributed to healthy agricultural production, which is likely to keep food prices under control. Kharif sowing has risen 4 per cent year-on-year as of August 8, with adequate soil moisture expected to support the upcoming rabi crop as well. The report projects Brent crude oil prices to remain in t...

June 5, 2025 4:55 PM

Home-cooked veg, non-veg thalis get cheaper in May as food inflation cools: Crisil

The cost of home-cooked vegetarian and non-vegetarian thalis declined by 6 per cent each (year-on-year) in May due to a sharp drop in prices of key vegetables led by a high-base effect, a Crisil report showed on Thursday. On a monthly basis, the cost of a vegetarian thali remained stable, while a non-vegetarian thali reduced by 2 per cent last month. Tomato prices fell 29 per cent to Rs 23 per kg from Rs 33 per kg in May as concerns over yield lifted prices last year. Prices of onion and potat...

November 25, 2024 5:13 PM

Inflation to ease, economic growth to accelerate in coming months: Finance Ministry

India's food inflation is likely to ease while the growth outlook for the economy is "cautiously optimistic" for the coming months as the agricultural sector is likely to benefit from favourable monsoon conditions, increased minimum support prices and adequate supply of inputs, according to the Finance Ministry's monthly economic review released on Monday. India's retail inflation jumped to 6.21 percent in October, marking a 14-month high, driven by elevated food inflation in a few vegetables. ...

August 23, 2024 11:39 AM

RBI to focus on disinflation, food inflation sticky to core, says RBI’s MPC minutes

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) meeting, held from August 6 to 8, was marked by careful deliberation on inflation and growth challenges. The committee decided to keep the policy repo rate unchanged at 6.5%, maintaining its stance on the withdrawal of accommodation. RBI Governor Shaktikanta Das highlighted the ongoing challenges in controlling inflation. He noted that while inflation is gradually decreasing, the process is slow and uneven. Persistent food inflat...