inflation - Latest News, Analysis, Opinion

The repo rate has been at record low of 4 per cent since June 2020, after lowering it by 115 bps during the first half of the pandemic-hit year, and the reverse repo, which has become the effective rate given the surplus liquidity, at 3.35 per cent, after it was slashed by 155 bps during the same period, resulting in an asymmetric +25/-65 bps policy corridor.

Should You Invest Into Gold Right Now?

Aniruddha Bose

The yellow metal witnessed a stellar rally amidst the throes of COVID last year, briefly crossing Rs. 55,000 per 10 Grams before retracing to sub-44K levels earlier this year amidst a better-than-expected economic recovery.

RBI In A Bind Amid Weak Growth, Surging Inflation; May Not Hike Rates Till Q1 FY23: Report

Companies & Markets

The central bank may hike the repo rate only by the first quarter of next fiscal (April-June 2022) and continue to maintain the accommodative stance in the interim

Kejriwal Promises Free Electricity In Punjab If AAP Wins

AAP spokesperson and Delhi MLA Raghav Chadha said the Punjab Chief Minister’s office has denied the party permission to hold a press conference at a pre-decided venue.

Rupee Surges 12 Paise To 74.25 Against US Dollar In Early Trade

The domestic unit opened at 74.26 against the dollar, then inched higher to 74.25, registering a gain of 12 paise over its previous close.

Inflation Back To Haunt On Higher Input Prices, Rural Economy Disruptions: Crisil

Input costs are rising because of a surge in global commodities, which are raising manufacturing costs and hence fanning domestic inflation

No Immediate Plans To Raise Capital: SBI Chairman

Banking & Finance Banking

Borrowers can get home loans starting from 6.70 per cent for loans up to Rs 30 lakh and 6.95 per cent for loans above Rs 30 lakh to Rs 75 lakh.

WPI Inflation Spikes To Over 8-Year High Of 7.39% In March

Companies & Markets

The low base of March last year, when the data was computed with a low response rate due to the nationwide lockdown, contributed to a spike in inflation in March 2021.

Why Senior Citizens Should Opt For Fractional Ownership

Shiv Parekh

Companies & Markets

Fractional property refers to a group of investors pooling their funds to jointly purchase real estate so they can reduce the cost burden and risk exposure and share the rental income.

India's Inflation 'Uncomfortably High': Moody's Analytics

Retail inflation rose to 5 per cent in February, from 4.1 per cent in January. The Reserve Bank mainly takes into account retail inflation while deciding on the monetary policy.

Inflation Remains Low In Last 7 Years: Govt

Overall, inflation has remained low in the last seven years. But in some items, there was a rise in prices due to supply constraints because of COVID-19 and a rise in demand

World Shares Ease As Yields And Oil Ring Inflation Alarm

Companies & Markets Markets Stock Market

Nasdaq futures fell 2% in early European trade, reversing early gains, while S&P 500 futures fell 1% as investors looked past the benefits of the fiscal package.

Firm US Dollar, Elevated Yields Push Gold Prices To 8-1/2-Month Low

Silver eased 1.6% to $26.06 an ounce, having earlier dipped to a near one-month low. Palladium slipped 0.2% to $2,345.67 and platinum fell 0.8% to $1,175.

Current Inflation Target Band Appropriate For Next 5 Years: RBI Report