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...

August 22, 2025 3:32 PM

RBI says flexible inflation targeting framework served India well amid global challenges

The Reserve Bank of India (RBI) has said that the flexible inflation targeting (FIT) framework has performed well since its introduction, meeting the needs of the country even during challenging times. In a recent report, the RBI highlighted that the FIT framework, introduced to maintain price stability in India, has broadly delivered on its objectives. Between its inception and the end of 2019, inflation in India remained low and stable, averaging around 4 per cent. The report stated, “The ...

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...