To find the inflation rate, divide the difference by the initial value (the value recorded for the past date) to obtain a decimal figure. To express this decimal as a percentage, multiply it by 100.
Forty years ago, the Chakravarty Committee Report first proposed the aim that the Urjit Patel Committee approved in 2014 ...
The comments come after Finance Minister Nirmala Sitharaman announced during the budget that income up to Rs 12 lakh per ...
New Delhi: India’s retail inflation rate, based on the Consumer Price Index, fell to a 4-month low of 5.22 per cent in December as prices of vegetables, pulses and sugar eased during the month ...
New Delhi [India], January 14 (ANI): The annual rate of inflation based on the all-India Wholesale Price Index (WPI) stood at 2.37 per cent (provisional) in December 2024, marking an increase from ...
INDIA’S inflation eased last month, while the rupee plunged to a new record low, giving the central bank reason to remain cautious even as most analysts predict interest rate cuts from February. The ...
In relief for borrowers, the Reserve Bank of India reduced the policy rate by 25 bps; first cut in almost five years ...
Fixed deposits are a popular investment choice in India due to their safety ... For instance, if an FD offers an interest rate of 6% per annum and the inflation rate is 5%, the real return is ...
The inflation ... of a rate cut amidst the recent depreciation of the INR vs. the USD." "Easing food prices in December ought to provide some breathing space to the RBI (Reserve Bank of India ...
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The RBI is expected to cut the repo rate by 25bps in February, easing borrowing costs for the middle class. Analysts predict ...
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