RBI raises repo rate by 25 basis points to 6.5% Apr 3, 2023 | 2023(February), Blog February 8th, 2023 Summary As highly anticipated, The Reserve Bank of India announced repo rate increase by 25 basis points to 6.5 %. MPC decision was passed by a majority of 4 members out of 6 members. This was […]
RBI MPC Meet – Key Takeaways – September 2022 Apr 3, 2023 | 2022(September), Blog Summary: Beginning its 3 day meeting on September 28, Monetary Policy Committee (MPC) continued its recent trend of tightening rates by global central banks. This rate hike comes amid high levels of inflation and uncertainity associated with commodity prices (global […]
RBI MPC MEET – Key Takeaways – December 2022 Apr 3, 2023 | 2022(December), Blog December 7, 2022 The Monetary Policy Committee (MPC) of the Reserve Bank of India increased the policy repo rate by 35 basis points (bps) to 6.25%. The MPC’s majority view was to withdraw accommodative stance, said RBI Governor Shaktikanta Das. […]
RBI MPC MEET – Key Takeaways – August 2022 Apr 3, 2023 | 2022(August), Blog Summary Even as inflation is expected to have peaked, the RBI has proceeded with yet another sizeable rate increase, the third in a row at its just concluded monetary policy meet. With the latest hike of 50 bps (higher than […]
June 2022 CPI Review Apr 3, 2023 | 2022(June), Blog CPI inflation increased to 7.01% in June’22 from 5.58% in June’21 owing to global inflation headwinds & weakness in rupee. Overall price levels in June’22 however inched up 0.52% from the previous month, highlighting the underlying persistent price pressures. This is the sixth consecutive month […]
India’s WPI Inflation eases to 10.70% in September Apr 3, 2023 | 2022(October), Blog 14th October, 2022 According to the government data released on 14th October 2022, India’s wholesale price-based inflation eased in Setember to 10.70% as against 12.41% in August 2022, while WPI for July month has been revised to 14.07% from 13.93%. Despite […]
India’s WPI Inflation eases 12.41% in August Apr 3, 2023 | 2022(September), Blog 15th September, 2022 According to the data released by the Ministry of Commerce & Industry, Inflation based on wholesale price index (WPI) dropped to a 11 month low of 12.41% in August’22 as compared to 13.9% growth of July’22. Inflation during the […]
Steering India’s Steel Sector Globally Apr 3, 2023 | Blog The Indian steel sector is modern and has always strived for continuous modernization of older plants and up-gradation to higher energy efficiency levels. As of October 2021, India was the world’s second-largest producer of crude steel, with an output of 9.8 MT. Being a major […]
India’s IIP growth rebounds in November, Retail inflation eases to 5.72% in Dec Apr 3, 2023 | 2023(January), Blog January 13, 2023 CPI December The Consumer Price Index (CPI)-based inflation rate eased to 5.72% in December. It was 5.88% in November, and 6.77% in October 2022.Food inflation, which accounts for about 40% of the inflation basket, came in […]
India’s IIP grew by 2.4% in July Apr 3, 2023 | 2022(July), Blog The index of Industrial Production (IIP) is an indicator that measures short term changes in the volume of production of industrial products during the given period. Measured by the index Industrial Production (IIP), industrial output in July’22 grew by 2.4% as against […]
