World Economic Calendar – October 2022
World Economic Calendar – October 2022 Apr 3, 2023 | 2022(October), Blog IN: India, US: United States, EC: European Union, UK: United Kingdom, CH: China, JN: Japan
RBI Maintains Status Quo
RBI Maintains Status Quo: Highlights from the Monetary Policy Announcement 8th February, 2024 Summary: The Reserve Bank of India (RBI) Monetary Policy Committee (MPC) recently announced its decision to keep key policy rates unchanged. RBI Governor Shaktikanta Das highlighted some important points:• Repo Rate Unchanged: The MPC decided to maintain the repo rate at 6.5 […]
India’s IIP growth rebounds in November, Retail inflation eases to 5.72% in Dec
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 […]
World Economic Calendar – September 2022
World Economic Calendar – September 2022 Apr 3, 2023 | 2022(September), Blog IN: India, US: United States, EC: European Union, UK: United Kingdom, CH: China, JN: Japan
Understanding the Yen Carry Trade and Its Market Impact
Understanding the Yen Carry Trade and Its Market Impact The yen carry trade—a strategy once hailed for its lucrative returns—has recently faced significant upheaval. Here, we delve into what it entails, why it’s causing ripples across global markets, and its broader implications. What is a Yen Carry Trade? At its core, the yen carry trade […]
Steering India’s Steel Sector Globally
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 […]
Retail Inflation at 18-month low, IIP growth declines, WPI Inflation dips to 34-month low
Retail Inflation at 18-month low, IIP growth declines, WPI Inflation dips to 34-month low Apr 3, 2023 | 2023(May), Blog 15th May, 2023Retail inflation India’s retail inflation based on the consumer price index decreased to 4.7% in April from 5.66% in the previous month. This is the lowest inflation rate in 18 months and falls […]
RBI MPC Meet – October 2024
9th October, 2024 RBI keeps repo rate unchanged at 6.5%, changes stance to ‘neutral’ Summary: In its October meeting, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC), led by Governor Shaktikanta Das, decided to keep the key interest rates unchanged, with the repo rate at 6.50%, Standing Deposit Facility (SDF) at 6.25%, and […]
India’s WPI Inflation eases 12.41% in August
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 […]
Retail inflation spikes to 4.81% in June
July13, 2023CPI JuneAfter declining to a 25-month low in May, India’s retail inflation increased in June. Prices for food had a major role in the recent spike, which is anticipated to continue in the next month. According to information issued on Wednesday by the Ministry of Statistics and Programme Implementation, the Consumer Price Index-based inflation […]