High Inflation

The retail inflation based on CPI has remained above 6 per cent since January 2022, and it was 7.41 per cent in September.

Inflation continues to remain a key monitorable in the near term, says ITC

In its annual report for 2021-22, the company also highlighted the need for policy interventions that are "sharply focused on supporting sustainable livelihoods and fostering inclusive growth" as the economy faces the immediate challenges of muted consumption, persistently high inflationary headwinds and supply chain disruptions.

Moneycontrol Selects: Top stories this evening

Our specially curated package of the most interesting articles of the day will help you stay at the top of your game.

Moneycontrol Pro Panorama | What the numbers say about transitory high inflation

In today’s edition of Moneycontrol Pro Panorama: Bandhan tied up in knots, Coal India between a rock and a hard place, gold financing bet, China flexes nuclear muscles and more

Oppn targets Modi govt on 2nd anniv, BJP rejects criticism

The Narendra Modi government drew stinging attacks from key ally Shiv Sena and opposition parties on its second anniversary today with Congress saying it had nothing to show but "empty promises and gimmicks" and that people fell for his "web of deceit".

Auto sector sees decline in deal activity; outlook bullish

According to Grant Thornton's Automotive Sector Dealtracker, the number of deals in the Indian automotive sector has witnessed a decline from 51 deals in 2011 to just 22 transactions in 2014.

See FY14 GDP growth 5.3%; high inflation a worry: PMEAC

C Rangarajan, Chairman of Prime Minister‘s Economic Advisory Council (PMEAC) said current account deficit (CAD) for this fiscal is likely to be USD 55 billion.

No single data point to determine next move: Raghuram Rajan

Rajan said that demand needs to be reduced without having severe effects on investment and supply.

Is the great Indian consumption theme tiring?

Results from FMCG majors such as HUL, ITC, and Colgate reveal that the Indian consumer is willing to look for a different brand if it translates to savings under this uncomfortable high inflation.

Don't expect a big recovery in Q4 GDP, says CLSA's Malik

Rajeev Malik, senior economist at CLSA, does not expect a meaningful improvement in GDP growth in the March quarter.

Emkay's pan-India dealer survey reflects bleak auto outlook

Emkay Global Financial Services has come out with its report on automobiles sector. According to the research firm, growth expectations for macro-recovery plays are very optimistic and chances of disappointment remain high. Hero Motocorp, Tata Motors and Mahindra & Mahindra are the top picks in the sector, says Emkay.

Inflation likely hit 2012 high in Sept on high fuel prices

Inflation probably accelerated to its highest level this year in September because of costlier fuel after the government cut subsidies, according to a Reuters poll, complicating the task of the RBI as it faces pressure to ease monetary policy to revive growth.

Households prefer property, FDs over gold: Morgan Stanley

Brokerage-house Morgan Stanley estimates that households are responding to an environment of high inflation and sluggish growth by loading up on fixed deposits and real estate instead of gold

No cut in lending rates till cost of deposits falls: PNB

Punjab National Bank (PNB) on Thursday ruled out any reduction in lending rates for now in the wake of high inflation and increased cost of funds.

Oil cos to ask ministry for petrol price hike: Sources

Oil marketing companies (OMCs) are meeting petroleum ministry today to discuss petrol price hike by Rs 5/litre, CNBC-Tv18 has learnt.

India Inc gloomy on growth, says tough to maintain 7%

High inflation, falling rupee and a slowing industry is proving to be a triple whammy for the Indian economy. And under this three pronged attack, where does growth head? Archana Shukla gets you Indian Inc's rather grim verdict.

Limited policy options may prolong India's slowdown

If Indian policymakers are hoping the country's slowing economy can rebound largely the same way it did from the 2008 global financial crisis, they are dreaming.

India stares at economic slowdown, job cuts

The fear of an economic slowdown has turned to be a real one, as for the first time in recent months, India's industrial economy has actually shrunk, which may lead to job cuts, high inflation and more bearish stock markets.

2012 to be a difficult year for markets, warns BofA ML

US growth expectations seemed to have stabilised, says Gary Baker, head of European equities strategy at BofA Merrill Lynch. However, he feels that Europe has chances of more material development. Baker indicated that 2012 will be a difficult year for markets in terms of growth.

High energy prices limit India's monetary policy: RBI

Global energy prices that have remained steadily high restrict the elbow room for monetary policy response, deputy governor of the Reserve Bank of India said, highlighting the uphill task the bank faces in its fight against stubbornly high inflation.

PepsiCo not hiking price yet despite rising input costs

Global beverages and snacks major PepsiCo today said high raw material prices are putting pressure on its overall cost structure, though it ruled out any increase in the price of its products in the immediate future.

Govt trying best to tame inflation, says Minister

Both the government and Reserve Bank have taken a number of steps to address the issue of high inflation, including the reduction of import duty on essential commodities, Parliament was informed today.

SBI says seeks between $1.1b-$3.3b capital infusion

State Bank of India (SBI), the country's top lender, has sought a capital infusion of between Rs 50 billion and Rs 150 billion (USD 1.1 billion-USD 3.3 billion) from the government, its chairman said.

India will outperform global markets in next 12 months: RBS

Devesh Kumar, Head of Equities, RBS India joins CNBC-TV18 to discuss about investor sentiment across markets, especially, in the Indian market.

India growth majorly drawn by internal demand: Macquarie

Though global slowdown does have an effect on the Indian market, it has been seen time and again as being marginal and temporary. Majority of India growth is drawn by internal demand, says Richard Gibbs, Global Head of Economics, Macquarie Securities.