News for 'inflation'

West Asia War Pushes RBI into Growth-Inflation Dilemma

West Asia War Pushes RBI into Growth-Inflation Dilemma

Rediff.com19 hours ago

The Reserve Bank of India (RBI) Governor Sanjay Malhotra is now confronting the classic growth-inflation tradeoff, a situation exacerbated by the West Asia war, which threatens to end the 'goldilocks period' of low inflation and robust growth.

Crude above $100 will push inflation beyond 6%, trigger rate hikes: HSBC

Crude above $100 will push inflation beyond 6%, trigger rate hikes: HSBC

Rediff.com3 days ago

A foreign brokerage warns that sustained crude oil prices above USD 100 per barrel could push India's inflation above the RBI's tolerance level, potentially triggering interest rate hikes.

India Extends 4% Retail Inflation Target for RBI Until 2031

India Extends 4% Retail Inflation Target for RBI Until 2031

Rediff.com25 Mar 2026

The Indian government has extended the Reserve Bank of India's (RBI) mandate to maintain retail inflation at 4 per cent, with a tolerance band of 2 per cent on either side, for another five years until March 2031.

Family Alleges Gurugram Hospital Inflated Bill After Accident Victim's Death

Family Alleges Gurugram Hospital Inflated Bill After Accident Victim's Death

Rediff.com26 Mar 2026

A private hospital in Gurugram is under investigation after a road accident victim died, with his family alleging the hospital concealed his death to inflate the medical bill. Protests erupted as the family accused the hospital of extortion and demanded answers.

Himachal Pradesh Government Addresses Concerns Over Inflated Smart Meter Bills

Himachal Pradesh Government Addresses Concerns Over Inflated Smart Meter Bills

Rediff.com27 Mar 2026

Himachal Pradesh Chief Minister Sukhvinder Singh Sukhu has assured the Vidhan Sabha that discrepancies in electricity bills following smart meter installations will be addressed. The government also plans to amend regulations to curb excessive fees charged by private schools.

Wholesale Price Inflation Rises 2.13% in Feb, Driven by Food and Manufacturing

Wholesale Price Inflation Rises 2.13% in Feb, Driven by Food and Manufacturing

Rediff.com16 Mar 2026

India's wholesale price inflation (WPI) increased for the fourth consecutive month in February, reaching 2.13 per cent, primarily due to rising prices of food and manufactured goods, according to government data.

Gold futures plunge Rs 8,089 to Rs 1.36 lakh/10g on global selloff, inflation fears

Gold futures plunge Rs 8,089 to Rs 1.36 lakh/10g on global selloff, inflation fears

Rediff.com23 Mar 2026

Gold prices experienced a significant drop in futures trading due to global selloff, inflation concerns, and a strong US dollar. Analysts predict a continued downward trend amid geopolitical tensions and potential rate hikes.

Fitch warns costlier oil could lift inflation, slow India's growth in H1FY27

Fitch warns costlier oil could lift inflation, slow India's growth in H1FY27

Rediff.com15 Mar 2026

Fitch Ratings on Friday said persistently higher oil prices could cause India's retail inflation to rise faster than the expected gradual pace, and lead to a slowdown in economic growth in the first half of financial year 2026-27 (FY27).

Inflation may stay benign: RBI deputy guv

Inflation may stay benign: RBI deputy guv

Rediff.com25 Feb 2026

India's retail inflation, which has stayed below the Reserve Bank of India's (RBI's) 4 per cent target in recent times, is likely to remain benign in the coming months, RBI Deputy Governor Poonam Gupta said in a speech, on Friday, which was uploaded on the central bank's website on Tuesday. Headline inflation dipped to multi-year lows of around 1.5-2.8 per cent in late 2025.

Wholesale price inflation rises to 1.81% in Jan

Wholesale price inflation rises to 1.81% in Jan

Rediff.com16 Feb 2026

Wholesale price inflation extended upward momentum for the third straight month, at 1.81 per cent in January, driven by an uptick in prices of food, non-food articles, and manufactured items on a month-on-month basis, government data showed on Monday.

Govt releases new CPI series; January retail inflation at 2.75%

Govt releases new CPI series; January retail inflation at 2.75%

Rediff.com12 Feb 2026

Retail inflation stood at 2.75 per cent in January under the new series of All India Consumer Price Index (CPI), with 2024 as the base year, released on Thursday.

Mamata Banerjee Alleges BJP Plot to Inflate West Bengal Voter Rolls

Mamata Banerjee Alleges BJP Plot to Inflate West Bengal Voter Rolls

Rediff.com7 days ago

West Bengal Chief Minister Mamata Banerjee has accused the BJP of attempting to illegally include voters from outside the state in West Bengal's electoral rolls, alleging a coordinated effort to interfere with democratic rights.

How India measured inflation, and what is set to change

How India measured inflation, and what is set to change

Rediff.com19 Feb 2026

India's main inflation measure, the Consumer Price Index (CPI), is set for another major update, even though it has been in its current form for only about 15 years.

India's Services Sector Growth Eases to 14-Month Low

India's Services Sector Growth Eases to 14-Month Low

Rediff.com1 days ago

India's services sector growth slowed in March, reaching a 14-month low, according to the HSBC India Services PMI. The slowdown reflects weaker new business intakes and rising input costs, particularly in fuel, transport, and logistics.

West Asia War Clouds RBI Outlook

West Asia War Clouds RBI Outlook

Rediff.com30 Mar 2026

Markets will look for clear guidance on how the MPC interprets the uncertainty and what it implies for the future course of monetary policy, points out Rajeswari Sengupta.

Indian markets brace for volatility amid RBI policy, West Asia tensions

Indian markets brace for volatility amid RBI policy, West Asia tensions

Rediff.com1 days ago

The Indian stock market is poised for a volatile week, influenced by the Reserve Bank of India's monetary policy decision, crucial global macroeconomic data, and the escalating geopolitical tensions in West Asia, according to market analysts.

Will FY27 Be The Year Of Equities?

Will FY27 Be The Year Of Equities?

Rediff.com4 days ago

Fixed deposits from nationalised banks delivered higher returns than equities, outperforming both inflation and stock market benchmarks.

Diego Maradona's childhood house transformed into soup kitchen

Diego Maradona's childhood house transformed into soup kitchen

Rediff.com6 days ago

Every week, hundreds of people line up to fill a plastic container with food in an unlikely place: the humble home where Argentine soccer legend Diego Armando Maradona was born.

Crude Oil Hits Record High as US-Iran Tensions Escalate

Crude Oil Hits Record High as US-Iran Tensions Escalate

Rediff.com1 hour ago

Crude oil prices have surged to record highs due to escalating tensions between the US and Iran, raising concerns about supply disruptions and market volatility.

Iran conflict could shave off 1% point from India's FY27 GDP growth projections: EY

Iran conflict could shave off 1% point from India's FY27 GDP growth projections: EY

Rediff.com6 days ago

A new report suggests that prolonged conflict in the Middle East could significantly impact India's GDP growth and inflation.

How EPF Compounds But Inflation...

How EPF Compounds But Inflation...

Rediff.com6 Jan 2026

While EPF rewards patience and compounds your money, inflation decides how far your money really goes.

Illegal LPG Refilling Racket Busted in Delhi, One Arrested

Illegal LPG Refilling Racket Busted in Delhi, One Arrested

Rediff.com6 days ago

Delhi Police have arrested a 61-year-old man and busted an illegal LPG refilling racket in southwest Delhi's Dabri area, seizing 17 cylinders.

Suzuki Motorcycle India tempers FY27 growth forecast due to West Asia conflict, rising costs

Suzuki Motorcycle India tempers FY27 growth forecast due to West Asia conflict, rising costs

Rediff.com4 days ago

Suzuki Motorcycle India Ltd (SMIPL) has revised its domestic two-wheeler sales growth estimate for FY27 downwards from 7-8 per cent, citing rising commodity costs due to the ongoing West Asia conflict and its impact on consumer affordability.

'Growth-inflation data will determine MPC's future actions'

'Growth-inflation data will determine MPC's future actions'

Rediff.com16 Jan 2026

'Economic activity appears to have peaked in the second quarter of FY26, with industrial output, exports, and business confidence all softening from October 2025.'

Karnataka Forest Official Under Investigation for Alleged Bribery

Karnataka Forest Official Under Investigation for Alleged Bribery

Rediff.com5 days ago

A forest official in Karnataka is under investigation after a video surfaced allegedly showing him demanding a bribe from a farmer who suffered crop damage due to a wild elephant attack.

Goldman Cuts India Market Outlook

Goldman Cuts India Market Outlook

Rediff.com27 Mar 2026

Goldman Sachs has materially lowered its earnings growth forecast for Indian companies by a cumulative 9 percentage points over the next two years.

Silver sinks Rs 17,800/kg, gold dives Rs 7K on global selloff

Silver sinks Rs 17,800/kg, gold dives Rs 7K on global selloff

Rediff.com19 Mar 2026

Gold and silver prices experienced a significant drop in the national capital due to a global selloff driven by inflation concerns, central bank policies, and geopolitical tensions.

Wholesale price inflation rises marginally to 0.83% in December

Wholesale price inflation rises marginally to 0.83% in December

Rediff.com14 Jan 2026

Wholesale price inflation extended upward momentum for the second straight month, recording at 0.83 per cent in December 2025, driven by an uptick in prices of food, non-food articles, and manufactured items on a month-on-month basis, government data showed on Wednesday. Wholesale Price Index (WPI)-based inflation returned to positive in December, after witnessing a deflationary trend in the previous two months.

Gold prices fall sharply amid global economic uncertainty

Gold prices fall sharply amid global economic uncertainty

Rediff.com25 Mar 2026

Gold prices experienced a significant decline in futures trading due to uncertainty surrounding geopolitical tensions in West Asia and conflicting statements regarding the conflict. Investors are also awaiting key macroeconomic data for further direction on interest rate cuts.

Enforcement Directorate Attaches 270 Crore in Assets Linked to Rajendra Lodha

Enforcement Directorate Attaches 270 Crore in Assets Linked to Rajendra Lodha

Rediff.com7 days ago

The Enforcement Directorate (ED) has attached land parcels and other immovable assets worth over 270 crore as part of its money laundering investigation against Rajendra Lodha, former director of Lodha Developers.

Markets underpricing oil shock risk amid West Asia conflict, say analysts

Markets underpricing oil shock risk amid West Asia conflict, say analysts

Rediff.com7 days ago

Analysts warn that global markets are significantly underpricing the risk of an oil price shock, with Brent crude potentially soaring to $150 per barrel if the West Asia conflict escalates or damages critical oil and gas infrastructure. This could lead to severe inflation and economic repercussions, particularly for import-dependent nations like India.

How to Retire at 50: The 25-Year SIP Strategy to Build Crores

How to Retire at 50: The 25-Year SIP Strategy to Build Crores

Rediff.com30 Mar 2026

Retiring at 50 is not unrealistic. It simply requires: Discipline + Long-Term Vision + Compounding

Delhi Police Bust LPG Hoarding Operation, Agency Owner Arrested

Delhi Police Bust LPG Hoarding Operation, Agency Owner Arrested

Rediff.com26 Mar 2026

Delhi Police arrested a gas agency owner for allegedly hoarding and black marketing LPG cylinders, seizing 459 cylinders in a raid.

Mcap of top 6 most valued firms drops nearly Rs 65k cr; Airtel biggest laggard

Mcap of top 6 most valued firms drops nearly Rs 65k cr; Airtel biggest laggard

Rediff.com2 days ago

Mcap of top 6 most valued firms drops nearly Rs 65k cr; Airtel biggest laggard

Delhi Police Busts Illegal LPG Racket, Seizes Hundreds of Cylinders

Delhi Police Busts Illegal LPG Racket, Seizes Hundreds of Cylinders

Rediff.com25 Mar 2026

Delhi Police have dismantled two illegal LPG hoarding and refilling operations in separate raids across the city, seizing a total of 248 cylinders and apprehending five individuals involved in the illicit activities.

India's GDP Projected to Grow Robustly Amidst Middle East Tensions, Says OECD

India's GDP Projected to Grow Robustly Amidst Middle East Tensions, Says OECD

Rediff.com26 Mar 2026

The OECD projects India's GDP to grow at 7.6% in the current fiscal year and 6.1% in 2026-27, despite global economic challenges stemming from the Middle East conflict and energy price volatility.

Rights Issues Surge to Multi-Decade High as QIPs Plummet in FY26 Amid Market Volatility

Rights Issues Surge to Multi-Decade High as QIPs Plummet in FY26 Amid Market Volatility

Rediff.com1 days ago

Financial year 2025-26 (FY26) saw a significant shift in corporate fundraising, with rights issues more than doubling to a multi-decade high of 51, raising 44,290 crore, while qualified institutional placements (QIPs) more than halved to 29 issues, mobilising 62,954 crore, driven by sharp equity market corrections and regulatory changes.

How Long Can India Absorb Rising Fuel Costs?

How Long Can India Absorb Rising Fuel Costs?

Rediff.com23 Mar 2026

India's net oil import bill could rise by $56 billion to $64 billion annually assuming global crude averages $110 to $115 per barrel in FY27.

'Ghayal hoon...': Raghav Chadha's 'Dhurandhar' dig at AAP

'Ghayal hoon...': Raghav Chadha's 'Dhurandhar' dig at AAP

Rediff.com2 days ago

Rajya Sabha MP Raghav Chadha refutes allegations of inaction in Parliament, asserting his commitment to raising public issues and creating impact.

Sri Lanka Private Bus Operators Threaten Strike Over Fuel Price Surge

Sri Lanka Private Bus Operators Threaten Strike Over Fuel Price Surge

Rediff.com22 Mar 2026

Private bus operators in Sri Lanka warn of potential service disruptions and a nationwide strike due to significant fuel price increases, impacting public transport and raising concerns about inflation.