Posts

Showing posts from May, 2025

April Retail Inflation Drops to 3.16%, Lowest Since July 2019

Image
 India's annual retail inflation eased to 3.16% in April, down from 3.34% in March, marking its lowest level in nearly six years, according to government data released Tuesday. This is the lowest year-on-year inflation rate recorded since July 2019, the government noted in its statement. Food inflation slowed to 1.78% in April from 2.69% in March. Vegetable prices declined 11% year-on-year, compared to a 7.04% drop in March. Cereal prices increased by 5.35%, slightly lower than the 5.93% rise seen in March, while pulses prices fell 5.23%, an improvement over the 2.73% decline in the previous month. “Inflation eased to 3.16% in April, driven by a broad-based reduction in food prices, including vegetables, cereals, and pulses. This CPI figure sets the stage for a potential 25 basis points rate cut by the Reserve Bank of India in its June policy meeting. As expected, inflation remained below 4% for the third consecutive month, dropping from March’s 3.4% to 3.2% year-on-year,” said...

Unlock Incredible Flight Deals with Product-Bank

  Traveling on a budget is easier than ever with   Product-Bank’s   innovative tools that help you  find the cheapest flights  available. Whether planning months ahead or booking last minute, Product-Bank makes sure you never overpay. By scanning multiple airlines and booking platforms simultaneously, Product-Bank gives you a comprehensive list of options. This saves you hours of searching and guarantees you get the best price possible. Product-Bank’s unique fare prediction feature helps you decide whether to book now or wait. This is based on historical pricing data and real-time trends, ensuring your ticket purchase is perfectly timed. Flexibility is another key to cheap flights. Product-Bank allows you to explore different departure and arrival airports, as well as travel dates, revealing deals that might be missed on other platforms. If you’re open to layovers, Product-Bank highlights flights with stops that can be much cheaper than direct flights. You can c...

India's Economic Outlook: Navigating Growth with Cautious Optimism in FY25

Image
  India's economic trajectory for the fiscal year 2024-25 is characterized by a blend of optimism and caution.   The Finance Ministry's recent assessments highlight a resilient economy poised for growth, albeit amidst global uncertainties. mint +1 The Times of India +1 Key Drivers of Growth: Government Capital Expenditure:   The government's effective capital expenditure is projected at 4.6% of GDP in FY25, a significant increase from 2.6% in FY20. This surge is  expected to crowd in private investments, bolstering the overall investment climate.  mint Private Consumption:   Urban demand remains robust, evidenced by rising passenger vehicle sales, increased housing sales, and higher domestic air passenger traffic. Additionally, a forecasted normal monsoon is anticipated to rejuvenate rural consumption.   mint +1 News18 +1 Agricultural Prospects:   Favorable monsoon conditions, increased minimum support prices, and adequate supply of inputs are lik...