November 14, 2025 4:33 PM

India’s WPI inflation falls to -1.21% in October 2025

India’s wholesale inflation declined to -1.21% in October 2025, marking a drop from 0.13% in September, according to data released by the Ministry of Commerce and Industry. This contraction was mainly driven by lower prices of food articles, crude petroleum, natural gas, electricity, mineral oils, and basic metals. The Wholesale Price Index (WPI) for all commodities eased slightly to 154.8 in October from 154.9 in September, reflecting a month-over-month decline of 0.06%. Inflation in Primar...

October 14, 2025 2:14 PM

India’s WPI Inflation remains subdued at 0.13% in September

India’s annual rate of inflation based on the Wholesale Price Index (WPI) eased to 0.13 per cent in September, down from 0.52 per cent in August, according to data released by the Ministry of Commerce and Industry on Tuesday. The decline was driven largely by falling food and fuel prices. Food prices dropped by 1.38 per cent, supported by higher crop yields and adequate buffer stocks of wheat and rice. Fuel inflation remained in the negative zone at 2.58 per cent, with petrol, diesel, and nat...

October 14, 2025 9:49 AM

SBI projects FY26 CPI inflation at 2.2%, below RBI’s forecast

India’s Consumer Price Index (CPI) inflation for FY26 is expected to remain at 2.2 per cent, lower than the Reserve Bank of India’s (RBI) projection of 2.6 per cent, according to a report by the State Bank of India (SBI). The report attributed the sharp moderation in inflation mainly to a decline in food and beverage prices. “We expect average CPI inflation for FY26 to be now at 2.2 per cent, much lower than the RBI’s forecast of 2.6 per cent,” it said. According to SBI, India’s CP...

October 14, 2025 12:30 PM

India’s CPI inflation declines to 8-year low of 1.54 percent in September

India’s inflation rate based on the Consumer Price Index (CPI) has  declined to an over 8-year low of 1.54 per cent in September this year, compared to the same month of the previous year, as prices of food items and fuels turned cheaper during the month, according to figures released by the Ministry of Statistics on Monday. This is the lowest year-on-year inflation after June 2017, and is also lower than the inflation rate of 2.05 per cent for August. Food inflation continued in the negati...

September 1, 2025 12:42 PM

India’s economy expands 7.8% in April–June, services and manufacturing lead growth

India’s economy grew faster than expected at 7.8% in the April–June quarter of FY 2025-26, consolidating its position as the world’s fastest-growing major economy. Powered by strong domestic demand, a robust services sector, and resilient manufacturing activity, the country is on course to reach a $7.3 trillion GDP by 2030 and emerge as the world’s third-largest economy. Growth momentum strengthens Real GDP for the first quarter of FY 2025-26 is estimated at ₹47.89 lakh crore, comp...

August 14, 2025 12:08 PM

Rural demand remains robust in India in April-June, outlook optimistic: Report

Rural demand in India remained robust in April–June period, driven by easing inflation and a favourable monsoon, according to global research firm NielsenIQ. The report noted that rural consumption also outpaced urban demand. According to the report, rural markets and small manufacturers propelled the packaged consumer goods sector in Quarter 2 (Q2) 2025. Rural markets grew twice as fast as cities, as urban areas showed signs of recovery, particularly in smaller towns. The report further hi...

August 13, 2025 12:00 PM

Inflation at 98-month low, further RBI rate cuts difficult this year: SBI Research

As August inflation print is expected to cross 2% and be closer to 2.3%, a rate cut by the Reserve Bank of India (RBI) in October seems to be a tough move, a research by the State Bank of India (SBI) stated on Wednesday, adding that even a rate cut in December looks slightly difficult if growth numbers for Q1 and Q2 are taken into consideration.  India’s Consumer Price Index (CPI) inflation moderated to 98-month low of 1.55% in July, compared to 2.10% in June and 3.60% in July 2024. The Jul...

August 6, 2025 2:30 PM

US Tariff Hike Unlikely to Impact Indian Economy Significantly: RBI Governor

Reserve Bank of India (RBI) Governor Sanjay Malhotra on Wednesday said that the recent US tariff hike is not expected to have a major impact on the Indian economy, unless retaliatory tariffs come into play. Addressing a press conference following the monetary policy announcement, Malhotra said, “There might not be a major impact of the ongoing uncertainty over the US tariffs on India’s economy. This is subject to retaliatory tariffs coming into the picture, which we do not foresee.” He a...

July 21, 2025 12:27 PM

India’s GDP to grow at 6.5% in FY26; inflation expected to average 4%: Crisil

India’s gross domestic product (GDP) is projected to grow at 6.5% in the current fiscal year (FY26), driven by improving domestic consumption and other positive indicators, according to a report released by Crisil on Monday. The Crisil Intelligence near-term outlook highlighted global uncertainty stemming from US tariff actions as the primary risk to India’s growth. However, it noted that the economy is likely to be supported by an above-normal monsoon, income tax relief, and the Reserve Ba...

July 15, 2025 1:31 PM

India’s average inflation falls 3% in 11 years of Modi government

India’s retail inflation has averaged around 5% over the last 11 years, showing a steady decline in recent months and reaching a more than six-year low of 2.1% in June 2025. According to data from the Finance Ministry, the average inflation during Prime Minister Narendra Modi’s tenure stands at 5.1%, a significant drop compared to the 8.1% in the UPA regime. Between January 2012 and April 2014, during the UPA era, retail inflation remained above 9% for 22 out of 28 months. During its final...