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Reserve Bank of India (RBI) today decided to increase repo rate, the main lending rates to banks, by 50 basis points to 5.4 per cent with immediate effect.
RBI retains growth projection for current financial year at 7.2% Read More
The annual rate of inflation based on All-India Wholesale Price Index (WPI) number is 15.18 per cent (Provisional) for the month of June, 2022 compared to previous year’s corresponding period.
India’s Inflation eases to 15.18% in June Read More
The high rate of inflation in March 2022 was primarily due to rise in prices of crude petroleum and natural gas.
WPI-based inflation zooms to 14.55% in March Read More is a continuous decline from 14.87 per cent in November, 2021 and 13.56 per cent in December, 2021.
India’s WPI inflation eases to 12.96% in January, maintains declining trend Read More
The surge is reported due to an increase in fuel and manufacturing prices.
Inflation surges to 5-month high in October Read More The wholesale price index (WPI) inflation remained in double digits throughout the current financial year.
WPI inflation for September declines to 10.66% Read More The wholesale inflation across the country eased to 11.16 per cent in July, underlining the reduction of wholesale prices of goods for the second consecutive month.
India’s WPI inflation eases for second consecutive month in July Read More
The index has softened from the previous month’s high of 12.94 per cent but is still elevated due to a low base recorded last year.
Inflation eases after May increase Read More
This is the third straight month of up-tick seen in the wholesale price index (WPI) based inflation.
Higher fuel prices push March WPI inflation to 8-year high of 7.39% Read More