Mishra believes that the cash transfer schemes of various state governments and the ensuing increase in demand is among the reasons why high inflation could persist.
India’s retail inflation in November was at 5.48 per cent as compared to 6.21 per cent logged in October, falling in line with the Reserve Bank of India’s 2-6 per cent comfort band. Corresponding ...
After a particularly calm year in 2023, the rupee hit several lows against a roaring US dollar in 2024, even while it remained the least volatile among its peers. On Wednesday, it settled at 84.83 per ...