Iran has issued a 10 million rial banknote amid soaring inflation and a weakening currency, reflecting deep economic strain as cash demand rises and purchasing power continues to erode sharply.
Diversified fertiliser sourcing allows India to increase urea imports from China and other suppliers if disruptions emerge, he told Moneycontrol in an interview.
When income grows, expenses often grow quietly alongside it. A few conscious habits can help ensure your pay raises actually make you richer, not just more comfortable.
Food and beverages continued to be a major driver of inflation in February
The new series shows that prices have been rising sequentially for four straight months, as the index rose to 104.57 in February from 104.46 in January and 104.10 in November and December.
Rising prices rarely arrive as a shock. They creep up slowly, and unless your savings grow fast enough, the real value of your money quietly shrinks.
In an email interview with Moneycontrol, DBS’ Rao warned of an upside to inflationary pressures in the coming months, should oil prices remain elevated at more than $70 per barrel for a sustained period of time.
The weakness in real estate shares comes amid broader concerns about elevated crude oil prices and their potential inflationary impact, which could delay interest-rate cuts by central banks.
The benchmark 10-year bond yield was trading at 6.7238 percent on March 4
The meeting minutes released said that the Indian economy is likely to improve considerably post the trade agreements with US and EU
Due to the new series, inflation is seen to be lower than earlier-projected, giving room for the central bank to extend the pause on policy rate further, say economists.
The first inflation print under India’s updated CPI series is comfortable, but there’s a month-on-month momentum in January that the RBI can’t afford to brush aside
Among the fastest rising categories, other personal effects recorded inflation of about 59%, far exceeding the national average
The narrowing of the gap is largely attributable to changes in the weight assigned to food items in the CPI basket
Most large states now hover close to the national average
First inflation reading under revised 2024-base series reflects lower food weight and broader consumption basket
The weighting of volatile items such as food has been reduced to about 36.8% from nearly half previously
A key factor is the relatively high weight of non-food expenditure in Kerala’s inflation basket. At roughly 66%, non-food items account for a larger share than in most states
The revised basket also reflects the growing importance of services, discretionary consumption and urban lifestyles, with the weight rising to 30% from 23% earlier
RBI's Monetary Policy Committee (MPC) kept its repo rate unchanged at 5.25% after a cumulative cut of 125 basis points since February 2025.
New CPI series set to release next week, FY27 GDP projections deferred to April MPC.
Early fiscal-year forecasts are often revised quickly, keeping focus on evolving macro signals
The February policy is expected maintain the repo rate at 5.25% as the RBI shifts focus from rate cuts to liquidity infusion, experts say.
The RBI targets a 4 percent headline inflation rate within a tolerance band of 2 percent to 6 percent.
The weight of food and beverages in the headline index will decline sharply to 36.8 percent from 45.9 percent in the current 2012-based series