More rate cut by RBI unlikely this fiscal, say Ind-Ra
'If you see the composition of items which are causing this spike in prices, most of them have little to do with the kharif harvest, except for pulses and vegetables to some extent.' 'I don't know on what basis the government is claiming that food prices will moderate in the weeks to come.'
The Reserve Bank of India on Thursday raised its inflation projection to 5.1-4.7 per cent for the second half of the current fiscal on the back of spike in prices of vegetables such as onion and tomatoes.
Russia's flamboyant figure skater Yevgeny Plushenko pulled out of the Winter Olympics through injury on Thursday in a shock twist that immediately deflated home fans pumped up by an opening victory for their beloved men's ice hockey team.
India's wholesale prices declined at a faster-than-expected annual rate of 2.33 per cent in March.
India's unpredictable middle-order has repeatedly squandered good starts at the women's T20 World cup. In all the three matches, the bowling unit bailed the side out.
Declining vegetable prices brought down the retail inflation to a 15-month low of 4.59 per cent in December and within the comfort zone of the Reserve Bank, government data showed on Tuesday. It is for the first time during the current fiscal that the Consumer Price Index (CPI) based inflation print is below 6 per cent or in the RBI's target range of 2 to 6 per cent. The central bank factors in the CPI-based inflation while arriving at its monetary policy. The inflation in December 2020 came down from 6.93 per cent in November, mainly on account of 10.41 per cent decline in vegetable prices over the year-ago period.
Good tyres are your best buddy while taking your desired riding experience. So select your buddy well.
Deflation masked the rise in food inflation to a 5-month high.
Liverpool's Premier League title aspirations will be under scrutiny again on Saturday when they make the short trip across Stanley Park to face city rivals Everton.
The Aussies experienced a see-saw of emotions. After an emphatic win against India, the Australian captain George Bailey was at a loss of words to explain his team's 'absolutely deflating' defeat against the hosts in the second One-dayer.
With pricing power of producers unlikely to strengthen and commodities ex-crude oil likely to remain sluggish in the immediate term, the core-WPI inflation may remain sub-zero in the rest of this calendar year.
India grew at 7.6% in 2015-16 and at 7.2% in 2014-15.
Images from Day 2 of the first Test between Australia and New Zealand in Perth on Friday
Hotels are using a combination of platforms to reach out to the guests. These include online travel agents among others. hotels in India are offering guests an option to pay now and stay later.
Holding a placard with the slogan 'why I can't feel safe in my own Bharat', Anu Dubey, in her mid-20s, sat on the pavement near gate number 2-3 of the Parliament House complex to protest crime against women in the country.
Pulling down barricades, deflating tyres of government buses and stopping vehicles from plying -- supporters of India Against Corruption were on the wrong side of the law when they marched on the streets of Central Delhi on Sunday to protest on the coal block allocation issue.
If the government cuts wasteful expenditure as it is trying now, the deficit would at most fall to 8 per cent, not less than that.
The fear of price rise gained momentum after reports surfaced that the NAFED procured 50,000 tonnes of onion this season.
RBI recently cut repo by 0.25 percentage point, taking the rate to 7.25 per cent in three reductions since January.
Sudden tyre failure wrecked Lewis Hamilton's hopes of a home British Grand Prix victory on Sunday after the Mercedes driver had led from pole position.
This is a terrible situation for a growing economy to be in, and the central bank would be expected to act to correct the situation.
The 4-1 series defeat in England, one of the several overseas disappointments for the team, led to some uncomfortable queries on whether Virat Kohli believed coach Ravi Shastri's assertion that this is the best touring Indian side in the last 15 years.
Spot gold slipped 0.2 per cent to $1,579.06 an ounce.
Ebert, 70, succumbed to a decade-long battle with cancer on April 4.
Flurry of economic reform suggests Modi realises his muscular nationalism script is getting jaded. Chances are he'll try for economic recovery but stick to what's worked so far, observes Shekhar Gupta.
Red Bull's failure to win the Australian Grand Prix after hogging the front row of the grid has shown the championship team they were not as good as they thought they were, a disappointed Mark Webber said on Sunday.
Juventus coach Antonio Conte has suffered much in recent months but coming away from the 'hell' of a noisy and fervent Celtic Park with a 3-0 win in their Champions League last 16 first leg felt like an enormous relief.
IMAGES from Europa League matches played on Thursday.
The experience of direct cash transfer under PM-Kisan will be useful in designing a larger scheme of DBT for farmers combining all subsidies and support for the agriculture sector in the future, say Ramesh Chand & SK Srivastava.
Pakistan's premier intelligence agency -- Inter Services Intelligence -- continues to face the ire of national and international human rights and media rights groups as the Judicial Commission investigating the May 2011 assassination of a senior Pakistani journalist Syed Saleem Shahzad has recommend that the ISI must deflate its larger-than-life image, focus on its mandated job and evolve a transparent policy in its relationship with the media. Amir Mir reports.
Striker Yuya Osako scored twice in 11 second-half minutes to help send four-times champions Japan into the final of the Asian Cup with a 3-0 victory over tournament favourites Iran on Monday.
Experts said onion prices, which are seeing deflation, are also headed to high-inflation territory in the coming months.
But weak global demand, costly imports play spoilsport
Manchester United skipper Antonio Valencia apologised for liking an Instagram post that called for manager Jose Mourinho to be sacked after Tuesday's goalless draw against Spanish side Valencia in the Champions League.
In all, 37 central banks around the world have eased monetary policy so far this year to boost growth, fight deflation or both
India had their first brush with the SG pink ball after they wrapped up the opening Test inside three days in Indore.
The RBI must cut rates to spur growth, say experts.
The West Indies are currently lying seventh in the 10-team standings with just three points in their kitty and they can't afford any further loss to stay in the mix for a semifinal spot.
A merciless Andy Murray subjected Australia's Bernard Tomic to a 6-3, 6-2 thrashing on Saturday to deflate local fans and set up an intriguing final with Alexandr Dolgopolov at the Brisbane International.
© 2026 Rediff.com - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances