Retail inflation or Consumer Price Index (CPI) inflation for the month of February eased to a 7-month low of 3.61%. This is well within the Reserve Bank of India (RBI’s) comfort zone and will likely encourage the Monetary Policy Committee (MPC) to cut repo rate in the April review to boost GDP growth.The All India […]
India’s thermal coal imports fell for the sixth consecutive month on an annual basis in February 2025 due to rising domestic production of the critical commodity. According to global real-time data and analytics provider Kpler, India’s thermal coal imports, largely consumed by the Power sector, fell by 18.5 per cent Y-o-Y and 6.4 per cent […]
ndia’s Retail Inflation 2025, Retail Inflation outlook for February 2025 live news updates: As food prices continue to slide, retail inflation based on Consumer Price Index (CPI) is likely to have dropped further to around 4 per cent in February. The government will make the data public on Wednesday. Retail inflation was 4.3 per cent […]
The total import of edible oils during February reached the lowest monthly levels since the Covid-affected May 2020. Data compiled by Solvent Extractors’ Association of India (SEA) showed that India imported 8.85 lakh tonnes (lt) of edible oil in February of the oil year 2024-25 (November-October) against 9.58 lt in the corresponding month of 2023-24, […]
In February, the tractor industry maintained its year-on-year growth momentum in domestic sales for the third consecutive month, despite a slight dip on a sequential basis. Meanwhile, exports continued their upward trend, registering both year-on-year and month-on-month growth. Top tractor-maker Mahindra & Mahindra’s domestic sales in February 2025 stood at 58,797 units, marking a significant […]
Physically-backed gold exchange-traded funds (ETFs) saw investments increase to a 34-month high in February, totalling $9.4 billion with positive inflows in North America and strong demand in Asia, the World Gold Council (WGC) said. February marked the third straight month of inflows, coupled with a gold price uptrend, lifting total assets under management (AUM) to […]
Vegetarian thali cost saw a 1% reduction year-on-year in February. In some relief for the common man, the cost of a home-cooked vegetarian thali declined year-on-year in February, according to CRISIL’s latest monthly indicator of food plate cost, RRR (Roti Rice Rate). The cost of a non-vegetarian thali, however grew approximately 6% due to rise […]
India’s steel import witnessed a major decline in February – to 0.6 million tonnes (almost at April levels), both on a sequential as well as a month-on-month level, down 40 per cent and 29 per cent respectively, as discussions around an ongoing DGTR probe favouring imposition of safeguard duties impacted buying sentiments. There was some […]
Tepid demand from the infrastructure sector for freight led to lacklustre truck rentals in February, though fleet operators are expecting a pickup in occupancy in the current month on the back of summer stocking demands that will fuel fiscal year-end goods dispatches. Another factor that has hit small transporters is a notification by the government […]
NEW DELHI: Automobile retail sales across categories, including passenger vehicles and two-wheelers, witnessed a drop of 7% in Feb, amid declining demand, dealers’ body FADA said on Thursday. Overall, retail sales in the domestic market stood at 18.9 lakh units last month compared to 20.5 lakh units in the year-ago period.“Feb witnessed a broad-based downturn […]
