Analysts expect the Reserve Bank of India to lift the repo rate by 25 basis points, its first increase in nearly four years, while equity indices endure an eight‑week losing streak.
Posts tagged as “INFLATION”
International gold has slipped 26% from its January peak, while Indian prices fell more than 10% in August, prompting analysts to debate whether the metal could breach Rs 1.25 lakh per 10 grams.
A year after India's GST rationalisation, rising commodity costs have trimmed the consumer price relief initially seen across automobiles, FMCG and other sectors.
The Federal Reserve lifted its benchmark rate by a quarter‑point to a 3.75‑4% range, its first hike in more than three years, as fuel‑price‑driven inflation pressures mount.
Gold and silver fell in early Asian trade on Aug. 31 as US‑Iran tensions lifted oil prices and bond yields, while analysts still see a chance for a year‑end rally.
Data from the Cost Inflation Index reveal that a rupee in 1981 now buys less than 5% of what it could then, underscoring the erosion of purchasing power over 46 years.
Union Finance Minister Nirmala Sitharaman is set to give shape to Prime Minister Narendra Modi’s clarion call for GST reforms, when she chairs the 58th…