Monetary policy

June 13, 2025 2:28 PM

Inflation to average 2.5% over next six months: HSBC

India’s inflation is expected to average around 2.5 per cent over the next six months, according to a report by HSBC Global Research released on Friday. The report attributed the softer inflation outlook to a high base effect from last year, as well as stable food prices and adequate grain supplies. Data for June is already trending slightly below May levels, it noted. “Vegetable prices in the first 10 days of June have increased in the range of 0–13 per cent, but the high base from last...

June 4, 2025 4:59 PM

Stock market ends in green amid positive global cues as RBI MPC begins

Domestic benchmark indices closed in the green on Wednesday, buoyed by favorable global cues such as strong U.S. job data, while the ongoing RBI Monetary Policy Committee (MPC) meeting added a layer of speculation about a potential rate cut. The Sensex ended 260.74 points, or 0.32%, higher at 80,998.25, while the Nifty closed 77.70 points, or 0.32%, higher at 24,620.20. Midcap and smallcap indices outperformed largecaps. The Nifty Midcap 100 index rose 407.55 points, or 0.71%, to 57,924.65, wh...

September 16, 2024 6:06 PM

India’s retail inflation surges past 5% in June, triggered by food prices

India's retail inflation rate has broken its recent trend of moderation, climbing above 5% in June 2024, primarily due to rising food prices. This uptick poses fresh challenges for policymakers who have been working to manage inflationary pressures. According to official data released Friday, the Consumer Price Index (CPI)-based inflation rate for June stood at 5.08% year-on-year. The inflation rates for rural and urban areas were recorded at 5.66% and 4.39% respectively. The surge in food pri...

September 16, 2024 6:41 PM

S&P upgrades India’s sovereign rating outlook to ‘positive’

S&P Global Ratings has raised the country's sovereign rating outlook to 'positive' from 'stable' while retaining the rating at 'BBB-'. The rating agency cited India's robust economic expansion as having a constructive impact on its credit metrics. "We expect sound economic fundamentals to underpin the growth momentum over the next two to three years," S&P said in its assessment on Wednesday. The agency added that regardless of the outcome of the ongoing national elections, it expects br...