Page-2 of Inflation

RBI Annual Report 2021-22: Highlights

May 31, 2022

In its annual report that has been released by the Reserve Bank of India (RBI), the central bank has highlighted that the Indian economy will most likely bounce back despite the present global risks. What are the various key highlights ..

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Cut in Excise Duty on Petrol

May 25, 2022

The union finance minister recently announced the excise cut on petrol and diesel to contain inflation. She also announced a ₹200 subsidy for those buying LPG cylinders under the PM Ujjwala Yojana scheme. How much excise duty is reduced and ..

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April Wholesale Price Index (WPI)

May 19, 2022

The Wholesale Price Index (WPI) based inflation rate surged to 15.1 percent in the month of April due to the rise in prices of fruits, vegetables, manufacturing, milk, power, and fuel according to data that was released by the Ministry ..

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RBI Monetary Policy Committee Announcements – Update (May, 2022)

May 5, 2022

Recently, the Monetary Policy Committee (MPC) held an unscheduled meeting and made some important announcements. What are the announcements? The MPC unanimously decided to increase the policy repo rate under the liquidity adjustment facility (LAF) by 40 basis points to ..

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States vs Centre on fuel taxes

May 2, 2022

The Centre and the states are at loggerheads over taxes and duties on petrol and diesel. What is the argument of the Centre? Centre feels that some states are not reducing Value added tax (VAT) on petrol and diesel in ..

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Retail Inflation and IIP in March

April 13, 2022

In March, the annual retail inflation of India rose to a 17-month high while there was a contraction in the factory output in February, thus complicating the policy choices of the nation’s central bank. Overview: The National Statistical Office (NSO) ..

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