Inflation affects everyone, including the economy and taxes. India's Income Tax Act has provisions to adjust tax liabilities for inflation. These adjustments ensure taxpayers aren't burdened with ...

RBI’s comments come amid rising calls to exclude food inflation from the calculation of headline CPI inflation, first brought ...

or how essentials like fuel and electricity cost more than they did a year ago? That’s inflation at work. Inflation targeting is how the government and the Reserve Bank of India (RBI ...

The repo rate is key to keeping inflation under control ... account various components of a bank's cost of funds. The formula used to calculate MCLR in India is as follows: * MCLR = Marginal ...

The document noted that retail headline inflation eased from 5.4 per cent in the 2023-24 fiscal year (FY24) to 4.9 per cent ...

Gold prices in India have shot up over ₹83,350 per 10gm today, according to the India Bullion Association. The increase is in ...

On a sequential basis, the index declined sharply by 2.4 per cent, after a fall of 0.5 per cent in December. "Edible oil prices were also lower. We, thus, expect a significant moderation in headline ...

It is to be noted the cost of a vegetarian thali has gone up considerably in 2024  as tomato and potato prices continued to pinch Indian households.

Bank of Japan Governor Kazuo Ueda said on Tuesday the central bank will aim to achieve 2% inflation, as measured by the ...