Tag Archives: food prices

Indian consumers turn more glum about future, less likely to spend: Survey

By | April 8, 2021

Indian consumers turned more pessimistic about the present and less gung-ho about the future, making them less likely to spend big in an economy that’s driven by domestic consumption. The current situation index fell to 53.1 in March from 55.5 in January, according to the Reserve Bank of India’s consumer confidence survey, where 100… Read More »

November WPI inflation at nine-month high even as food prices moderate

By | December 14, 2020

The wholesale price index-based inflation rate rose to a nine-month high of 1.55 per cent in November even as the rate of food price rise narrowed substantially to 3.94 per cent from 6.37 per cent in October. In fact, onion, which bore the brunt of rising inflation rate in recent months, saw deflation or… Read More »

Will ask govt to make employers’ contribution tax-free in Budget: PFRDA

By | November 15, 2020

Pension fund regulator PFRDA will propose to the government to make employers’ contribution of 14 per cent under NPS tax free for all categories of subscribers in the next Budget, Chairman Supratim Bandyopadhyay said. Employers’ contribution of 14 per cent in pension under the National Pension System (NPS) scheme for the central government employees… Read More »

Retail inflation inches up to 7.61% in October on rising food prices

By | November 12, 2020

Driven by rising food prices, retail inflation inched up to 7.61 per cent in October, remaining above the comfort level of the Reserve Bank. According to the Consumer Price Index (CPI) data released by the government on Thursday, inflation stood at 7.27 per cent in September 2020. It was 4.62 per cent in October… Read More »