by AIP Online Bureau | Aug 17, 2023 | Data, Eco/Invest/Demography
The poorest segment in both urban and rural areas faced a higher inflation burden than their high-income counterparts, as food inflation accelerated sharply,” the Crisil note added Mumbai: Urban poor have been the most impacted by 15-month high consumer price...
by AIP Online Bureau | Jun 28, 2023 | Banking & Bancassurance, Eco/Invest/Demography, International News, Policy, Regulation
The clear message was that rates would stay high until the inflation beast is subdued, according to a panel discussion with US Federal Reserve Chair Jerome Powell, European Central Bank President Christine Lagarde, Bank of England Gov. Andrew Bailey and Bank of Japan...
by AIP Online Bureau | Jun 23, 2023 | Eco/Invest/Demography, Indian News, Policy, Regulation
Shaktikanta Das,Governor,Reserve Bank of India “Our job is only half done, having brought inflation within the target band (4-6 per cent). Our fight against inflation is not yet over,” the RBI Governor said at the latest monetary policy meeting held from...
by AIP Online Bureau | Jun 8, 2023 | Eco/Invest/Demography, Indian News, Policy, Regulation
Shaktikanta Das, Governor, RBI The RBI maintained its policy stance of “withdrawal of accommodation” to ensure inflation progressively aligns with the committee’s target while remaining supportive of growth, Governor Shaktikanta Das said while...
by AIP Online Bureau | May 28, 2023 | Eco/Invest/Demography, Indian News
Any deficiency in showers during the rainy season due to a developing El Niño weather pattern is likely to be offset by a positive Indian Ocean Dipole, Pai said. Showers will improve in July, and compensate any deficit in June, he said. The IMD predicts that monsoon...
