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MARCH WPI NUMBERS
New producer price index set to replace WPI over next five yearsIndia is set to introduce a new Producer Price Index, covering output, input, and services. This move aims to provide a more accurate pictu...- Fuel price hikes may push inflation towards 5%, RBI likely to stay cautious: EconomistsRetail inflation may reach 5 percent by June due to fuel price increases and higher gold and silver import duties. Economists believe the R...
- Supply-side stress, weather add uncertainty to macrosIndia's economy faces near-term challenges. Supply issues and weather create uncertainty. Geopolitical events in West Asia could impact dom...
- India’s near-term outlook clouded by supply risks, weather uncertainties: RBI reportIndia's economy faces near-term challenges. Supply issues and weather create uncertainty. Geopolitical events in West Asia could impact dom...
- India's inflation puzzle: How will fuel price play outIndia's inflation debate intensifies as wholesale prices surge, driven by fuel costs, while retail inflation remains subdued. A recent fuel...
- Markets eye FII return with Rupee stability, tax relief taking centre stage: Asit BhandarkarForeign investors are hesitant to re-engage with Indian markets until the rupee stabilizes and the government demonstrates a willingness to...
- India's growth to moderate to 6.6 pc in FY27; reforms key to achieve Viksit Bharat goal: S&P reportIndia's economic growth is expected to slow to 6.6 percent this fiscal year. Achieving the Viksit Bharat goal by 2047 requires crucial refo...
- FASTag toll collection touches Rs 4,218.89 crores in April 2022Compared with April 2021, the number of FASTag transactions increased by 61.87 per cent while the collections rose by 51.93 per cent in the...
- April wholesale food inflation eases to 3.6%, govt suspends headline number release on inadequate data“In view of the limited transactions of products in the wholesale market in the month of April, 2020, due to spread of Covid-19 pandemic, i...
- Economic indices get makeover in keeping with changed timesFactory output rose 2.7 per cent in March, while wholesale prices rose 3.85 per cent under the new base year.
- Positive WPI means a return of pricing power: Aditi Nayar, ICRAWith the monsoon onset getting delayed, plus both the WPI and the CPI ticking up, the likelihood of any easing in the June policy has reall...
- March WPI number is mere statistics, RBI unlikely to be nudged into any action: Mythili Bhusnurmath"Policy action is largely over and done with. WPI is largely irrelevant from the RBI’s standpoint. So yes, it is just one more number on th...
- WPI inflation could average 2-3% in 2016-2017: Aditi Nayar, ICRAWe need to split manufactured products into the food and the non-food because some components in the manufactured food products have been s...
- WPI contraction could have come from the manufacturing side: SK Ghosh, SBIIn a chat with ET Now, SK Ghosh, State Bank of India, says the numbers do not look too much promising on the ground at least in terms of a ...
- RBI may not react immediately to macro data: Sanjay Shah, HSBC Global Asset Management"So given the situation, RBI will just stay put as of now. I do not think there would be too much reaction."
- WPI putting more pressure on govt to meet fiscal deficit target: Sanjay Shah, HSBC"It is very important for the RBI to observe the outcomes of the Fed policy. The RBI will have to keep a watch on how FPI behaves after the...
- Higher wholesale price inflation may keep RBI away from cutting rates: Moody’sReversing the declining trend, the price WPI reaccelerated in March, with WPI growth hitting 5.7 per cent YoY, the fastest pace since Decem...
- Core inflation down – rate cut hopes upThe dip in core inflation figure for Feb 2013 published today has fuelled up the hopes for a rate cut when RBI meets to review monetary pol...
- Price index surged on delay in steel, ore dataCall it a communication gap. The spike in inflation based on wholesale price index (WPI) was mainly on account of steel ministry giving dat...
- Inflation could be lot worse than 7.41%Prices of a large number of essential items in the wholesale price index haven’t been changed for months, thus giving an incomplete picture...
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