Mint Quick Edit | Retail inflation has been above RBI’s target for three months in a row: time to act?

Mint has reported a new India-focused economy development: “Monetary skew: RBI must not let its liquidity moves work against its rate-setting panel’s decisions.” The publisher's feed describes the story as follows: A dollar deluge has placed the Reserve Bank of India's liquidity management in focus and instances of it being out of whack with the monetary policy committee's interest-rate decisions suggest it might be time to revisit the latter’s remit. Intellectual Janata Party includes this it

Mint has reported a new India-focused economy development: “Wholesale price inflation nears double digits in August; next month may be worse.” The publisher's feed describes the story as follows: High wholesale inflation feeds into retail prices as businesses and other intermediaries pass on rising input costs to final consumers. While RBI formally targets retail inflation within a 2-6% range, it closely tracks all other price indicators to determine price pressures in the economy. Intellectua

The Economic Times has reported a new India-focused economy development: “Retail inflation in August rises to 4.8%, wholesale print up 9.9%.” The publisher's feed describes the story as follows: India's retail inflation reached 4.8% in August, its highest level since January. Wholesale inflation also climbed to 9.9%, driven by fuel and manufactured goods. Food inflation increased to 6%, with rural areas experiencing higher price pressures. Economists anticipate further inflation and potential i

The Economic Times has reported a new India-focused economy development: “DBT transfers reach Rs 2.08 lakh crore.” The publisher's feed describes the story as follows: Direct benefit transfers have reached ₹2.08 lakh crore this fiscal year. Fertiliser subsidy led with ₹62,984 crore, and Public Distribution System followed. Mahatma Gandhi National Rural Employment Guarantee Scheme received ₹15,241 crore in transfers. Pradhan Mantri Awas Yojana-Gramin and PAHAL schemes also saw significant fund a