Page-3 of Topic: Inflation
Asian Development Outlook
The Asian Development Bank recently released the Asian Development Outlook. Under its outlook, the Asian Development Bank projected that Indian economy is to contract by – 8% in...
What is Repo Rate?
Repo rate is the rate at which the central bank lends money to the commercial banks in case of fund crunch. It is a tool used by the...
WPI inflation at 1.48% in October 2020; Increased for third consecutive month
The Wholesale Price Index (WPI) increased to 1.48% in October 2020. This was the highest in the past eight months. Key Highlights The inflation rate based on WPI...
India Bans Export of all Varieties of Onion
Government of India have released a notification banning the export of all varieties of onions. The ban has been imposed three months after the central government made changes...
Iran: New Currency introduced to tackle Inflation
The Iran Government has recently come up with the decision of changing the name of the its currency to toman. The unit of Iranian currency if Rial. According...
India Ratings expects FY21 GDP Growth to be the Lowest in 29 Years
India Ratings recently revised its economic growth estimate for the country to 1.9%- the lowest in nearly 3 decades. Recent Forecasts India Ratings has revised its prediction for...
COVID-19: Hike in Dearness Allowance for the year 2021 put on hold
The Government of India on April 23, 2020, put on hold to the hike in dearness allowance. This is being done by the union government to save Rs...
RBI: CPI Inflation to ease from 4.8% to 4.4% in Q2
On April 9, 2020, the Reserve Bank of India projected that the consumer Price Index is to ease from 4.8% in Q1 to 4.4% in Q2 of the...
FICCI study on Onion Price Rise: India should follow Israel, Brazil
India is witnessing price hikes in retail onion up to Rs 100 per kg currently in November 2019. Government had introduced the TOP-Tomato Onion Potato Scheme in 2018-19...
Ind-Ra lowers India’s GDP growth forecast in 2019-20 to 6.1% from 6.7% in August 2019
India Ratings and Research (Ind-Ra), a part of Fitch group has lowered India’s gross domestic product (GDP) forecast for financial year (FY) 2019-20 to 6.1%. This was second...
