New Delhi, May 13 (IANS) Historical analysis of oil spikes showed that they do not permanently alter India’s GDP or inflation path and the structural relationships are weak over the long run, a report said on Wednesday.The report from Bank of Baroda said that autoregressive distributed lag model analysis of crude price changes over the last 54 years does not establish any long run relationship between oil prices, GDP, CPI (Consumer Price Index) and WPI (Wholesale Price Index).Over the past 54 …
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New Delhi, May 8 (IANS) Economists on Friday said they do not expect the Reserve Bank of India (RBI) monetary policy committee to exhibit any urgency to tighten policy as yet amid fast-evolving geopolitical situation.RBI Governor Sanjay Malhotra said last month that Central Bank is closely monitoring the fallout from the West Asia conflict and will not make firm commitments on the future path of policy rates.He signalled that the central bank was in no hurry to move on rates. “We are in a wait-a…
New Delhi, April 15 (IANS) India’s wholesale price inflation (WPI) saw a rise in March, driven largely by higher global energy prices amid geopolitical tensions in West Asia, according to economists on Wednesday.Rahul Agrawal, Senior Economist at ICRA, said that the uptick was broad-based, with crude petroleum and natural gas, along with fuel and power.”Notably, these two groups together accounted for 150 basis points of the 175 basis points uptick in the headline print in March 2026 relative …
New Delhi, Feb 28 (IANS) With real GDP now estimated to grow by 7.6 per cent in FY 2025–26, the Indian economy is set to record strong and sustained expansion, according to an official statement.This robust performance reinforces India’s growth momentum and strengthens its trajectory towards achieving the vision of ‘Viksit Bharat’, marked by higher productivity, resilience, and inclusive development.To this accord, the revision of the GDP base year to 2022–23 marks a significant step i…
New Delhi, Jan 14 (IANS) India’s inflation rate based on wholesale prices was estimated at 0.83 per cent for December 2025 compared to the same month of the previous year with the positive rate primarily due to the increase in prices of manufactured goods and minerals, according to figures released by the Commerce and Industry Ministry on Wednesday.Food inflation was estimated at 0 per cent as there was no increase in the wholesale prices of food in December, compared to the same month of the …
New Delhi, Dec 27 (IANS) India’s real GDP growth is projected at 7.4 per cent for FY26, up from 6.5 per cent in FY25, a report has said, highlighting seasonal pick up in electricity, mining and construction sectors.The report from ICRA said that growth is expected to ease below 7 per cent in H2 FY26 from 8 per cent in H1 because of an unfavourable base effect and moderation in exports.The report expects a pause in the February 2026 policy review by the RBI, with future decisions to be guided b…