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Retail Inflation Hits 6.2% in October 2024: Diminished Hopes for Repo Rate Cut in December

India’s retail inflation rate reached 6.2% in October 2024, marking a significant increase that poses challenges for both consumers and policymakers. As food and energy prices continued to rise, the inflation rate breached the Reserve Bank of India’s (RBI) upper tolerance limit of 6% for the third consecutive month, putting pressure on the central bank’s […]

How Donald Trump’s Second Term Could Impact the Indian Economy: Rupee Devaluation, Inflation, and Market Volatility

As the U.S. presidential race intensifies, financial experts are examining the potential economic impact if Donald Trump secures a second term. A recent report by the State Bank of India (SBI) projects that the Indian rupee could depreciate by 8-10% against the U.S. dollar in such a scenario. This depreciation may ripple through India’s economy, […]

RBI’s Monetary Policy Meeting: Will the Repo Rate Remain Steady for a Tenth Time?

Central Bank Faces Inflationary Pressures Amid Global Economic Uncertainty The Reserve Bank of India (RBI) kicks off its highly anticipated three-day monetary policy meeting today, October 7, with significant attention on whether it will maintain the repo rate at 6.50 percent. This would mark the tenth consecutive meeting where the central bank has opted for […]

RBI’s Monetary Policy Outlook: Easing Expected by December 2024

Experts Predict Significant Rate Cuts Amid Improved Inflation Trends The Reserve Bank of India’s Monetary Policy Committee (MPC) is poised to initiate an easing cycle starting in December 2024, according to a recent report from UBS. As domestic inflation forecasts show promising signs, this shift could mark a pivotal change in India’s monetary landscape. Improving […]

Interest Rates Drop in the U.S. After Four Years, But Home Loan EMIs in India Won’t Decrease Until Next Year! Here’s Why.

Uncertainty Surrounds Food Inflation in India In a recent interview with PTI, C.S. Setty, the Chairman of the State Bank of India, made it clear that the Reserve Bank of India (RBI) is not expected to cut the repo rate this year. This announcement comes amidst ongoing uncertainty regarding food inflation in the country. Setty […]

India’s Rainy Season Brings Relief: Higher Rainfall Could Slash Inflation and Spark Home Buying Boom

India has experienced a notable 8 percent increase in overall rainfall compared to the long-term average, as reported until September 13. This significant uptick has contributed to a cooling in average retail prices of essential goods like vegetables and milk. The cumulative weekly rainfall has been 14 percent above average, indicating robust monsoon performance. Impact […]

India’s Wholesale Inflation Hits Four-Month Low in August Amid Declining Fuel Prices

Inflation Rate Drops to 1.31% as Food Prices Stabilize In August, India’s wholesale inflation fell to its lowest point in four months, registering at 1.31% on an annual basis. This marks a decrease from 2.04% in July, driven by a significant drop in fuel prices and a moderation in the rise of food prices. Fuel […]