RBI's neutral policy stance reflects the central bank's preference to wait for greater clarity on inflation and global developments before making its next move
While prices have risen across India, southern States, particularly Telangana, have consistently recorded inflation rates above the national average in recent months. What is fueling this gap?
A Bank of Baroda Research report warns of an 80 per cent probability of El Niño during June-August, raising concerns over food inflation. Despite healthy reservoir levels and adequate vegetable supplies, higher fuel costs and weather uncertainties could push inflation higher in FY27
"The conditions are shaping up for an extension of a trend upshift in India's real GDP growth, backed by strong investment demand and upbeat business and consumer sentiments," the report states.
Chennai: With gloomy global economic outlook, Moody’s Investors Service turned moody on Friday and cut 2022 gross domestic product (GDP) projections for India to 7 per cent and projected 2023 at 4.8 per cent. The global credit rating agency has also lowered the economic growth expectations of several other countries — advanced and emerging economies. […]
