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RBI raises FY25 inflation estimate to 4.8 pc
RBI hikes FY25 inflation estimate to 4.8% amid food price concerns; CPI to remain elevated in Q3
The Reserve Bank of India (RBI) raised its inflation forecast for fiscal year 2025 to 4.8% due to a surge in food prices. Retail inflation hit 6.2% in October. While near-term inflation remains high,
RBI Raises FY25 Inflation Estimate To 4.8%; Food Price Pressures To Keep CPI Elevated In Q3
RBI said CPI inflation for 2024-25 is projected at 4.8 per cent, with Q3 at 5.7 per cent; and Q4 at 4.5 per cent. CPI or retail inflation for Q1:2025-26 is projected at 4.6 per cent, and Q2 at 4 per cent.
RBI raises retail inflation estimate for FY25 to 4.8% amid rising food prices
RBI has raised its retail inflation estimate for FY25 to 4.8%, up from 4.5%, due to persistent food price inflation. It has also downgraded FY25 GDP growth to 6.6%.
RBI ups FY25 inflation estimate to 4.8 pc; food prices to keep Q3 CPI high
The food price pressures are expected to linger in the short term, despite a seasonal winter correction and record kharif season for rice and pigeon peas (tuvar dal)
RBI raises FY25 inflation estimate to 4.8 pc; food price pressures to keep CPI elevated in Q3
The Reserve Bank on Friday raised the inflation projection for current fiscal year to 4.8 per cent from 4.5 per cent with Governor Shaktikanta Das saying lingering food price pressures are likely to keep headline inflation elevated in the December quarter.
RBI raises inflation outlook to 4.8% for FY25
RBI Governor Shaktikanta Das reports on rising inflation, unchanged repo rate, and future inflation projections for India.
RBI raises inflation forecast for FY25 to 4.8%
The Reserve Bank of India (RBI) raised its inflation forecast for the fiscal year to 4.8% due to persistent high food prices and weakened consumption demand. The RBI maintained the repo rate at 6.5% for the eleventh consecutive time.
RBI MPC Inflation Update: FY25 forecast revised higher to 4.8%; Q1 CPI projected at 4.6%
In his post policy address, RBI Governor Shaktikanta Gas said that near-term inflation remains elevated on food price pressure and that vegetable prices will see seasonal correction during the winter months.
Swarajya
1m
RBI Keeps Repo Rate Unchanged At 6.5 Per Cent, Cuts CRR By 50 Basis Points To 4 Per Cent; FY25 Growth Target Lowered To 6.6 Per Cent
The six-member Monetary Policy Committee (MPC) led by RBI Governor has decided to keep the benchmark repo rate unchanged at 6 ...
1d
Core & Main: Demand Outlook For FY25 Is Positive
Core & Main's 3Q24 revenue and adjusted EBITDA beat consensus, driven by acquisitions and volume growth. Find out why CNM ...
40m
RBI Lowers FY25 GDP Growth Rate By A Huge 60 Bps, Says Slowdown Bottomed Out In Jul-Sep
Reserve Bank of India Governor Shaktikanta Das, in the monetary policy meeting announcements, lowered the estimated GDP ...
21h
Patterson Revises FY25 Earnings Guidance; To Evaluate Potential Strategic Alternatives
Patterson Companies (PDCO) revised its fiscal 2025 earnings guidance. GAAP earnings are expected to be in the range of $1.83 to $1.93 per share; and non-GAAP adjusted earnings are expected to be in ...
NewsX
5h
‘RBI Cuts GDP Growth Forecast For FY25 To 6.6% From 7.2%’, Announces Governor Shaktikanta Das
RBI lowers India's GDP growth forecast for FY25 to 6.6% from 7.2%, citing weak industrial growth and inflationary pressures.
The New Indian Express on MSN
5h
RBI revises FY25 GDP estimate down to 6.6%; inflation outlook raised
MUMBAI: The RBI has lowered its real GDP growth projection for 2024-25 to 6.6% from the earlier estimate of 7.2%. This sharp ...
LIVE
4h
RBI Monetary Policy Meeting LIVE: Growth in H2 looks better than H1 of FY25, says RBI Governor Shaktikanta Das
The Monetary Policy Committee (MPC) led by RBI Governor Shaktikanta Das left the benchmark repo rate unchanged at 6.5% and ...
Hosted on MSN
7h
Asana’s Q3 Beat, Raised FY25 Guidance Send Stock Soaring In After-Hours: Retail Mood Buoyant
Asana, Inc. ($ASAN) shares took off in Thursday’s after-hours session after the enterprise work management platform announced ...
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