GST Rate Cuts Can Ease Inflation, Pave Way For RBI Repo Rate Cut: HSBC Report
The recent GST rate cuts can further lower inflation if companies pass on the benefits to consumers, an HSBC report said on Thursday.
US Airstrikes On Iran Spark Fears Of Oil Price Surge & Economic Ripple Effects
US airstrikes on Iranian nuclear sites have heightened Middle East tensions, raising fears of a spike in global oil prices.
India’s Poverty Rate Falls Below 5% For First Time, NSO Data Shows
The Household Consumption Expenditure Surveys for 2022-23 and 2023-24 from the NSO provide recent data on poverty and inequality.
Above-Normal Monsoon To Boost Farm Output And Ease Inflation: Crisil Report
A Crisil report on Wednesday said IMD’s above-normal monsoon forecast may boost farm output, lift rural demand, and ease inflation.
India’s Economy Shows Resilience Amid Global Slowdown: RBI Report
The global economy continues to struggle due to ongoing trade frictions, yet India’s economy demonstrates notable resilience.
India’s CPI Inflation Jumps To 5.49% In September Due To Weather And High Base Effect
The Consumer Food Price Index (CFPI) showed inflation at 9.24% for September. Urban housing inflation increased to 2.78%, up from 2.66% in August
