Headline inflation is easing but it could reverse in Q2: RBI
The RBI says there's a need for "careful monitoring" of spillovers from food price pressures to core inflation and inflation expectations to align with the inflation target
The RBI says there's a need for "careful monitoring" of spillovers from food price pressures to core inflation and inflation expectations to align with the inflation target
High visibility of “structural demand and healthier corporate and bank balance sheets” will be galvanising forces for growth going forward, says the central bank
Think tank’s projections align with FinMin’s estimates, which recently said the outlook for a reasonably “low headline inflation rate is good”
There has been a stable downward movement in core inflation and moderation in food prices; core inflation for FY24 lowest since FY21, says the ministry
The Indian economy continues to sustain the momentum achieved in the first half of 2023-24, going by high-frequency indicators, write RBI economists
The headline inflation had moderated to an average of 5.5 per cent during April-December 2023 from 6.7% during 2022-23
FinMin says it remains “comfortable” with a 6.5% real GDP growth estimate for FY24, with symmetric risks; forecast aligns with RBI’s GDP estimates
India among three countries in G20 emerging-market grouping whose growth surprises have mostly been “positive”, says OECD Interim Economic Outlook
If tomato prices rise without substantial change in potato & onion, inflation in Q2 to come near 5.8%; if TOP inflation surges, it might come around 6% in quarter, says SBI
S&P sees the fastest growth at about 6% in India, Vietnam, and the Philippines; forecasts inflation to soften to 5% in FY24