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Consumer Price Index

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Amid rising living costs, govt hikes minimum wage rates for workers

The Union government on Thursday announced a hike in minimum wage rates for workers up to Rs 1,035 a day by revising variable dearness allowance. Image used for representational purpose only.......

Defence Budget Can't Beat Inflation!

India spends significantly less on defence than could be expected from a country that faces simultaneous armed threats from two hostile neighbours -- China and Pakistan. IMAGE: An Indian Army......

'No basis in the claim that poverty is down to 5%'

'Without a poverty line, how are we to know whether poverty is the same, or it has come down or it has gone up?' IMAGE: A homeless girl asks for alms outside a coffee shop in Mumbai. Photograph:......

India's manufacturing sector growth falls to 11-month low of 56.5 in Nov

India's manufacturing sector growth fell to a joint 11-month low of 56.5 in November, restricted by competitive conditions and inflationary pressures amid a softer increase in factory orders, a......

RBI rate cut in Dec? Unlikely, say experts

Despite gross domestic product (GDP) growth being lower-than-expected for the July-September quarter, the six-member Monetary Policy Committee (MPC) may not cut the policy repo rate in the review......

RBI to Hold Rates Steady at 6.50%

'The RBI's MPC will maintain the current policy rates (6.50%) at the policy meeting, given ongoing inflationary pressures.' IMAGE: Reserve Bank of India Governor Shaktikanta Das. Photograph: ANI......

Beware! Markets Headed For Downturn

Trumponomics, poor growth, and high valuation certainly don't make a bullish recipe for Indian markets, warns Debashis Basu. Illustration: Dominic Xavier/Rediff.com   The Indian stock......

'Lending rate cut still some time away'

Union Finance Minister Nirmala Sitharaman’s call for making lending rates affordable may not resonate anytime soon as banks still struggle with margin compression, and await clues from the......

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