Inflation moderating but last mile sticky: RBI governor
The final leg of this disinflation journey may be tough, says RBI governor Shaktikanta Das
The final leg of this disinflation journey may be tough, says RBI governor Shaktikanta Das
Non-veg thali took a 7% price dip in the same period, thanks to lower broiler prices
With inflation trending downwards, the Indian economy appears to be quite robust and resilient, EY says in the monthly economy watch report.
Despite a fall in CPI inflation, food inflation in April 2024 surged to a four-month high at 8.70%
In the case of non-veg thali, the cost dipped 4% due to a 12% on-year decline in broiler prices
In the metals market, Gold has surged to a new all-time peak, Copper futures experienced substantial gain, and HRC Steel prices have declined 22.69% since the beginning of 2024.
A strong growth trend domestically, driven by capex and productivity, implies that rates could be higher for longer, says Morgan Stanley
CPI inflation softens to a nine-month low.
Higher U.S. inflation will keep rates higher for longer worldwide including India, warns Uday Kotak.
The strong growth momentum, together with our GDP projections for 2024-25, give us the policy space to unwaveringly focus on price stability, says Shaktikanta Das