Page-3 of Inflation
Economic Survey 2021-22- Highlights
The Economic Survey 2021-22 was tabled in Parliament on January 31, 2022 by Finance minister Nirmala Sitharaman. Who prepared the Economic Survey? Economic Survey 2021-22 was prepared by a team led by principal economic adviser Sanjeev Sanyal. The survey is ..
Month: Current Affairs - February, 2022
Category: Economy & Banking Current Affairs
India’s Retail Inflation in December 2021
The retail inflation in India increased to 5.59% in December 2021. This is the highest in the last five months. The inflation data was released by the Ministry of Statistics and Programme Implementation. About the increase in retail inflation The ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs
Wholesale Price Index, WPI of April 2021
The Department for Promotion of Industry and Internal Trade recently released Wholesale Price in India for the month of April 2021. The WPI for the month of April 2021 stood at 128.1. The base year in calculating WPI is fixed ..
Month: Current Affairs - May, 2021
What is Commodity Super Cycle?
The prices of commodities from corn to crude oil to rubber, rhodium, copper, soy bean has been increasing since the beginning of 2021. This is referred to as Commodity Super Cycle. Commodity Super cycle Since the beginning of nineteenth century ..
Month: Current Affairs - May, 2021
RBI’s State of the Economy Report – Update (April, 2021)
The Reserve Bank of India recently released the State of Economy Report for the month of April 2021. Key Findings of the Report The resurgence of COVID-19 might bring back inflationary pressures. Also, the restrictions and disruptions in supply chains ..
Month: Current Affairs - April, 2021
Russia’s central bank increases interest rates
The Central Bank of Russia has increased the interest rate from 4.5% to 5%. Why did the Bank increase the interest rates? This is the second time the apex bank is increasing the interest rates due to elevated inflation pressure. ..
Month: Current Affairs - April, 2021
RBI: Inflation Forecast Model Amended
The Reserve Bank of India recently revised its Inflation Forecast Model. The new model will capture how fiscal and monetary policy interact with real economy elements in a better way. About the New Inflation Forecast Model The new model is ..
Month: Current Affairs - April, 2021
RBI’s State of the Economy Report
The Reserve Bank of India has recently published its State of the Economy Report. The report highlights that, the Indian state refiners’ daily gasoline sales in February 2021 have increased from 1.5% from the year 2020. According to the report, ..