RBI hikes benchmark lending rate by 35 basis points to tame inflation
This is the fifth consecutive rate hike after a 40 basis points increase in May and 50 basis points hike each in June, August and September
At 7.37 per cent, West Bengal tops retail inflation for July
In the food items, the inflation rate for fruits dropped to 6.98 per cent.
Retail inflation seen climbing on higher oil prices: reports
April will be the sixth straight month of inflation above the RBI’s 4 per cent medium-term target.
Farm loan waivers may lead to rise in inflation, says RBI paper
Loan waivers could add to the fiscal burden over the medium term as they are a transfer from taxpayers to borrowers, it said.
Factory output, inflation data to drive trading sentiment: experts
Inflation data based on wholesale price index (WPI) for August will be announced during market hours on Thursday.
WPI inflation rises up to 39-month high
The fuel basket also surged by 21.02 per cent from 18.14 per cent in January.