Reserve Bank of India (RBI) on April 07 announced revised projection for CPI inflation of financial year 2021-22.
"The projection for CPI inflation has been revised to 5% in Q4 of 2021, 5.2%, in Q1 of 2021-22, 5.2% also in Q2 of 2021-22, 4.4% in Q3, and 5.1% in Q4 with risks broadly balanced.
On March 31, 2021, the government retained the inflation target at 4% with the lower and upper tolerance levels of 2% and 6%, respectively, for the next five years that is from April 2021 to March 2026.
An inflation rate of 4% over the medium term has now been successfully entranced the economic landscape," said RBI Governor Shaktikanta Das.
CPI(Maoists) confirmed 29 deaths in Kanker, excluding Lalita. Corrected names were released. Police list matched, including Shankar Rao. Bastar range IG P.. IndiaTimes
The maiden southern electoral foray of Congress leader Rahul Gandhi in 2019 had catapulted the picturesque hill constituency of Wayanad β tucked in the Western.. IndiaTimes
Congress leader Rahul Gandhi holds a spirited roadshow in Wayanad, Kerala, ahead of filing his nomination papers for the Lok Sabha elections. Thousands of supporters join him, while CPI candidate Annie Raja also files her nomination. Criticism arises, questioning Rahul's decision to contest against Raja instead of confronting the BJP directly. The electoral dynamics in Wayanad reflect intricate alliances and fierce rivalries.
#Congress #RahulGandhi #LokSabhaElections #Wayanad #KeralaElections #CPI #AnnieRaja #BJP #Amethi #CongressParty #Worldnews #Oneindia #Oneindianews
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Consumer Prices , Rose 0.4% in February.
The Bureau of Labor Statistics released
its latest data on March 12.
In February 2024, prices rose 0.4%
compared to January and 3.2% year-over-year, according to the Consumer Price Index (CPI).
The figures, which are greater than expected, represent the biggest monthly increase since September, Yahoo Finance reports. .
The index for housing rent rose 0.5% in February.
Gas prices rose 3.8%.
While food prices held steady for the month, they increased 2.2% year-over-year.
The Federal Reserve will use the latest data to help determine its position on interest rates on March 20. .
Experts predict that rates will
remain unchanged for the time being.
The market is now eyeing June for the possibility of rate cuts, Yahoo Finance reports. .
Fed Chair Jerome Powell recently said
that while interest rates will likely
be cut "at some point this year,"
"a little bit more data" is needed.
Credit: Wibbitz Top Stories Duration: 01:31Published
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