Inflation News

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PM Modi greets Delhi CM Arvind Kejriwal on his birthday

Amid the tussle going on between the Centre and opposition, PM Narendra Modi was the first one to wish the chief minister of Delhi Arvind Kejriwal on his birthday on Wednesday. Taking it to Twitter, PM Modi wrote, “Birthday wishes to Delhi CM Shri @ArvindKejriwal Ji. Praying...

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Domino’s comes with India’s cheapest pizza. Know the price here

As everybody knows that India is a key growth market for global restaurant chains, however, the popularity of street food and local chains is a big challenge in the country. But, the world’s one of the largest pizza brands responds to inflation with the cheapest pizza ever i...

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Wholesale price index-based inflation comes down to -3.48% in May 2023

Wholesale price-based inflation rate has fallen -3.48% in May, a 3-year low, on easing prices of food, fuel and manufactured items. The fall can be attributed to a decline in prices of mineral oils, basic metals, food products, textiles, non-food articles, crude petroleum and ...

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Inflation to be above 5%, GDP growth forecast 6.5% for 2023-24: RBI

Following the conclusion of its three-day Monetary Policy Committee (MPC) meeting, Reserve Bank of India (RBI) Governor Shaktikanta Das has announced the decision on the key policy rates. Notably, the inflation forecast for the financial year 2023-24 is lowered to 5.1% from an...

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India’s wholesale inflation slips into negative at -0.92% in April

The Ministry of Commerce and Industry has released official data indicating that wholesale inflation in India, as measured by the Wholesale Price Index, fell to minus 0.92 percent in April. For the first time since July 2020, wholesale inflation in India has turned negative. T...

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