Due to the ongoing heatwave, there has been an increase in both demand for FMCG items as well as durable goods, with major industry players betting on double-digit growth in sales
Read MoreLooking ahead to the upcoming US elections, the report anticipates significant global repercussions
Read MoreWhile Prime Minister Rishi Sunak welcomed the fall in headline inflation in May, it has likely come too late to turn around his fortunes in British elections on 4 July or to prompt a Bank of England rate cut on Thursday
Read More"US economic data has been strong in the first quarter, but signs of weakness are emerging, potentially marking a turning point for the US economy," the report notes.
Read MoreInflation may average to 4.5 per cent for this fiscal, according to the Crisil Ratings
Read MoreThe CPI data, a crucial indicator of economic health, is closely monitored by investors and policymakers alike
Read MoreThe headline CPI inflation for May 2024 is marginally down to 4.75 per cent from the previous month's 4.83 per cent
Read MoreSpeaking at the post monetary policy press conference, Governor Das once again used the metaphor of an "elephant" to describe the current state of inflation, noting it has declined slowly.
Read MoreInflation is the hidden enemy that eats into your savings and plays havoc with your financial goals. Here is how to invest smartly and secure your future
Read MoreThe food inflation is still above the normal limit and continuously posing a challenge to the deflation process of RBI
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