يحاولGOLD- Free

Now inflation falls to 5.5%; raises rate cut hope in Feb
The New Indian Express Belagavi|December 13, 2024
Inflation falls below the central bank's upper tolerance level of 6%
- DIPAK MONDAL @ New Delhi
Now inflation falls to 5.5%; raises rate cut hope in Feb

RETAIL inflation eased in November to 5.48% compared to 6.21% in October, giving a relief to both common man and policymakers, who have been struggling with the question of growth over inflation. Though the inflation has come down below the RBI's upper tolerance level of 6%, it is still higher than the targeted inflation of 4%.

The moderation in November inflation was mainly on account of 2.2% month-on-month decline in food prices. Though at 9.04% year-on-year growth, food inflation remained at higher levels. Food and beverages account for 45.86% weightage in the Consumer Price Index (CPI), which measures retail inflation.

هذه القصة مأخوذة من طبعة December 13, 2024 من The New Indian Express Belagavi.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

Now inflation falls to 5.5%; raises rate cut hope in Feb
Gold Icon

هذه القصة مأخوذة من طبعة December 13, 2024 من The New Indian Express Belagavi.

ابدأ النسخة التجريبية المجانية من Magzter GOLD لمدة 7 أيام للوصول إلى آلاف القصص المتميزة المنسقة وأكثر من 9,000 مجلة وصحيفة.

المزيد من القصص من THE NEW INDIAN EXPRESS BELAGAVI مشاهدة الكل
The New Indian Express Belagavi

of Indian desk workers feel the urgency to master AI

Indian workers want to skill up on Artificial Intelligence (AI) as 94% feel an urgency to become AI expert.

time-read
1 min  |
December 20, 2024
The New Indian Express Belagavi

Dubai may host India matches in 2025 Champions Trophy

EXPECTEDLY, the International Cricket Council on Thursday announced that India will play their 2025 Champions Trophy matches at a neutral venue.

time-read
2 mins  |
December 20, 2024
The New Indian Express Belagavi

AFTER ASHWIN, WHO? THE LAST OF OGS IN FINAL STRETCH

Post offie's retirement, focus is on senior players like Rohit, Kohli and India's transition phase

time-read
4 mins  |
December 20, 2024
The New Indian Express Belagavi

Ashwin gets hero's welcome at home from family and friends

RAVICHANDRAN Ashwin, who took the cricketing world by surprise with his sudden retirement from international cricket, arrived in Chennai early morning on Thursday.

time-read
2 mins  |
December 20, 2024
The New Indian Express Belagavi

Liverpool & Arsenal reach semifinals

LIVERPOOL moved into the League Cup semifinals as the holders won 2-1 against managerless Southampton, while Gabriel Jesus ended his goal drought with a hat-trick in Arsenal's 3-2 victory over Crystal Palace on Wednesday.

time-read
1 min  |
December 20, 2024
The New Indian Express Belagavi

Day of records for Richa & India as hosts win series 2-1

RICHA Ghosh (54) equalled the world record for the fastest fifty in women's T20Is (18 balls) after Smriti Mandhana's (77) fireworks as India registered 217 for 4 in the series-deciding third and final match against the West Indies here on Thursday.

time-read
1 min  |
December 20, 2024
The New Indian Express Belagavi

Start-up funding up 6% YoY at $11.3 bn in 2024

IN 2024, the start-up ecosystem saw a marginal 6% increase in funding at $11.3 billion compared to $10.7 billion in 2023.

time-read
1 min  |
December 20, 2024
The New Indian Express Belagavi

INR hits all-time low, breaches 85 mark against USD

Indian currency falls as US Federal Reserves scaled back rate cut projections for 2025

time-read
2 mins  |
December 20, 2024
The New Indian Express Belagavi

Accenture posts $17.7 bn revenue, beats Street view

IT service provider Accenture has beat Street estimates and posted $17.7 billion revenues in the first quarter ended November 2024.

time-read
1 min  |
December 20, 2024
The New Indian Express Belagavi

Bharti Airtel prepays ₹3,626 crore spectrum purchase dues to govt

TELECOM service provider Bharti Airtel has made a prepayment of ₹3,626 crore to the government for the spectrum it purchased in 2016.

time-read
1 min  |
December 20, 2024

نحن نستخدم ملفات تعريف الارتباط لتقديم خدماتنا وتحسينها. باستخدام موقعنا ، فإنك توافق على ملفات تعريف الارتباط. يتعلم أكثر