As per a Deel report, despite a 3 per cent increase in nominal salaries, inflation has outpaced this growth, resulting in a 2.5 per cent decline in real earnings year-on-year (YoY)
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The continued spurt in food prices and fading of the high base effect likely led to a spike in October retail inflation figures. According to a report by the Union Bank of India, retail inflation based on the Consumer Price Index is seen jumping to 6.15 per cent, breaching RBI's 6 per cent tolerance band
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Maintaining the growth momentum will require accelerated government investment to avoid crowding out private sector initiatives
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The RBI Governor says that monetary policy can support sustainable growth only by maintaining price stability
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The escalation of geopolitical tensions in West Asia contributed to the recent spike in crude oil prices. While the situation remains fluid at present, a further step up in tensions could impact various sectors of the Indian economy
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As the country’s retail and wholesale inflation marked a rise in September, the rising food inflation continues to haunt the apex bank
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The prices for crude petroleum and natural gas have experienced a marked decline of 5.74 per cent compared to the preceding month
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Crisil has expected the gross domestic product (GDP) growth to moderate to 6.8 per cent this fiscal compared with the Reserve Bank of India’s (RBI) forecast of 7.2 per cent
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While your children are younger, allocate a larger portion to equity funds. As your child approaches the age for high school or college, shift your allocation towards PPF and SSY
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Speaking at a forum by The Bretton Woods Committee in Singapore, the central bank Governor said that he is in no rush regarding the relaxation in policy measures
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