consumer price index

New Delhi, March 25 The government on Wednesday asked the Reserve Bank to maintain retail inflation at 4 per cent with a margin of 2 per cent on either side for another five years ending March 2031.To control price increases, the government in 2016 gave the RBI a mandate to keep retail...

Canberra, March 25 – Australia's annual inflation rate fell to 3.7 per cent in February, defying economists' expectations that it would remain at 3.8 per cent.According to official data released by the Australian Bureau of Statistics (ABS) on Wednesday, the consumer price index (CPI) rose by...

Bhopal, March 13 – In a significant decision, the Madhya Pradesh government has approved revised stipends for junior resident doctors in government-run medical colleges and hospitals in the state, Deputy Chief Minister Rajendra Shukla said on Friday.He added that the revised stipend structure...

New Delhi, March 12 Retail inflation rose to 3.21 per cent in February compared to 2.74 per cent in the previous month, mainly driven by higher food prices, according to government data released on Thursday.However, the consumer price index (CPI)-based retail inflation remained within the...

New Delhi, March 12: India's inflation rate, based on the new Consumer Price Index (CPI) series with 2024 as the base year, rose to 3.21 per cent for February compared to the same month of the previous year, according to data released by the Ministry of Statistics on Thursday.There was a 0.47...

New Delhi, March 12 Retail inflation in the country rose to 3.21 per cent in February, compared to 2.74 per cent in the previous month, according to the Consumer Price Index (CPI) released on Thursday.The inflation data is based on the new CPI series with the base year of 2024.Food inflation...

New Delhi, March 10 Silver prices jumped by Rs 10,442 to Rs 2.77 lakh per kilogram in the futures trade on Tuesday, tracking strong gains in the global markets as a weak US dollar boosted demand for the precious metals.On the Multi Commodity Exchange, the white metal for May delivery soared by...

New Delhi, March 10 Gold prices rose by Rs 1,853 to Rs 1.62 lakh per 10 grams in futures trading on Tuesday, supported by a weak US dollar and improved global sentiment.According to the Multi Commodity Exchange, the yellow metal for April delivery appreciated by Rs 1,853, or 1.16 per cent, to...

New Delhi, March 9 The impact of rising global crude prices on inflation is not expected to be substantial at this point, as India's inflation is near the lower bound, Finance Minister Nirmala Sitharaman said on Monday.In response to a written question in the Lok Sabha, Sitharaman said that...

New Delhi, March 8 Developments related to the ongoing conflict in West Asia and its impact on crude oil prices would be the major driving factors for stock markets this week, analysts said.In addition, global market trends and trading activity of foreign investors would also influence...

Beijing, March 5 China announced a GDP growth target of 4.5 to 5 percent for this year, facing challenges from Trump's trade tariffs, the global crisis following the US-Iran war, and economic issues at home, including a slump in the property market and high unemployment.Premier Li Qiang...

Beijing, March 5 China lowered its GDP target to 4.5 to 5 percent for this year in response to Trump's trade tariff war, the worsening global crisis following the US-Iran war, and economic headwinds stemming from the property market slump and the unemployment crisis.The target, close to that...

New Delhi, February 23 Reserve Bank of India Governor Sanjay Malhotra said on Monday that the new CPI inflation series based on 2024 prices will better reflect Indian households' consumption patterns and reduce volatility.In both ways, it will help in better CPI estimation, he said at a media...

Canberra, February 19 – Australia's unemployment rate remained steady at 4.1 per cent in January, according to official data released on Thursday.The latest monthly labor force data from the Australian Bureau of Statistics (ABS) showed that the number of Australians employed on a full-time...

Mumbai, February 13 The rupee remained within a narrow range and closed the day 5 paise lower at 90.66 against the US dollar on Friday, tracking the strength of the American currency in the overseas market and a negative trend in domestic equities.Forex traders said the rupee traded within a...

Mumbai, February 13 The rupee remained within a narrow range and closed the day 3 paise lower at 90.64 (provisional) against the US dollar on Friday, tracking the strength of the US currency in the overseas market and a negative trend in domestic equities.Forex traders said the rupee traded...

Mumbai, February 13 The rupee depreciated by 8 paise to 90.69 against the US dollar in early trading on Friday, due to the strengthening of the American currency and a negative trend in domestic equities.Forex traders said a strong dollar limited the upside for emerging-market currencies...

India's retail inflation stood at 2.75 per cent in January on an annual basis, according to the newly released Consumer Price Index (CPI) series, compared to 1.33 per cent under the old series in December last year. This marks the first major revision of India's retail inflation series in over a...

New Delhi, February 12 – India on Thursday launched a new series of its Consumer Price Index (CPI), the benchmark that tracks retail inflation. This change will improve the quality of data used in formulating monetary and fiscal policies, according to Chief Economic Advisor V Anantha Nageswaran...

New Delhi, February 12 Chief Economic Advisor V Anantha Nageswaran said on Thursday that the new CPI series will improve the quality of data used in formulating monetary and fiscal policies.The National Statistics Office (NSO) under the Ministry of Statistics & Programme Implementation (MoSPI)...