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Private consumption picks up in Q1, but not yet broad-based

Private consumption picks up in Q1, but not yet broad-based
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

Retail inflation surged 14-month high to 7 4%, food inflation at 39-month high

Retail inflation surged 14-month high to 7 4%, food inflation at 39-month high
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

India Inflation: Inflation rises to a 15-month high of 7 44% in July; WPI deflation narrows

The Reserve Bank of India s (RBI) target inflation range has been breached by July s soaring consumer price index (CPI), which hit a 15-month high of 7.44%. Experts have cautioned the rate cut forecast for this fiscal year has now been pushed back, with Rajani Sinha, CareEdge chief economist, expecting the rate to remain high in the near future. Food prices have been blamed for the spike, with pulses and vegetables recording significant inflation.

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