logo
Retail inflation for farm and rural workers eases marginally in April

Retail inflation for farm and rural workers eases marginally in April

Retail inflation for farm as well as rural workers eased marginally to 3.48 per cent and 3.53 per cent, respectively, in April this year compared to the pace of price hikes for the two categories at 3.73 per cent and 3.86 per cent recorded in March.
The All-India Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) increased by 1 point each in April 2025 to stand at 1307 and 1320 points, respectively, a labour ministry statement said.
The CPI-AL and CPI-RL were 1306 points and 1319 points, respectively, in March.
"The year-on-year inflation rates based on CPI-AL and CPI-RL for April 2025 were recorded at 3.48 per cent and 3.53 per cent, respectively, compared to 7.03 per cent and 6.96 per cent in April 2024. The corresponding figures for March 2025 stood at 3.73 per cent for CPI-AL and 3.86 per cent for CPI-RL," it stated.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Israel-Iran tensions could widen India's CAD by 0.3% of GDP, says ICRA
Israel-Iran tensions could widen India's CAD by 0.3% of GDP, says ICRA

Time of India

time4 hours ago

  • Time of India

Israel-Iran tensions could widen India's CAD by 0.3% of GDP, says ICRA

If the heightened tension in the West Asia pushes average crude prices by USD 10 per barrel, it will typically push up India's net oil imports by nearly USD 13-14 billion during the year, enlarging the India's CAD by 0.3 per cent of GDP, noted a recent report by ICRA . "If the average crude oil price rises to USD 80-90/bbl in FY2026, then the CAD is likely to widen to 1.5-1.6% of GDP from our current estimate of 1.2-1.3% of GDP. This would also exert pressure on the USD/INR pair during the fiscal," ICRA said. The report says the conflict between Iran and Israel, which began on June 13, 2025, pushed crude prices from USD 64-65/bbl to USD 74-75/bbl. Now, after the US strike on Iran's nuclear sites, Iran has announced that it will close the Strait of Hormuz , which can disrupt the global crude supply. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Why Walgreens Hides This Cheap 87¢ Generic Cialis Health Alliance by Friday Plans "Iran straddles the (Strait of Hormuz), which remains one of the key energy choke points, through which almost 20 per cent of global liquids and liquified natural gas (LNG) is traded, " noted the report. ICRA also expects change in crude oil prices is likely to translate faster into the WPI than the CPI amid different weightage mix in both these indices; for every 10 per cent increase in crude oil prices, the WPI inflation will rise by 80-100 bps, compared to 20-30 bps in CPI inflation, provided the transmission into RSPs of petrol and diesel takes place. Live Events India imports crude from Iraq, Saudi Arabia, Kuwait and the UAE, which is routed through the SoH, and it accounts for approx. 45-50 per cent of the total crude oil imports to India. Additionally, ICRA believes that "any sustained disruption in supplies from Iran, and/or spread of the conflict to other large producers in this area and/or any disturbance in the trade route through SoH could drive energy prices higher." On the natural gas side, nearly 54 per cent of natural gas imports for India pass through SoH, and a major share of the term LNG originates from Qatar and the UAE. And any disruption in the SoH may result in supply uncertainties from Qatar and the UAE, which may result in higher dependence on the spot LNG market.

What $100 crude oil means for India: Market & sectoral outlook with Dr Mukesh Jindal
What $100 crude oil means for India: Market & sectoral outlook with Dr Mukesh Jindal

Time of India

time6 hours ago

  • Time of India

What $100 crude oil means for India: Market & sectoral outlook with Dr Mukesh Jindal

Live Events Current Account Deficit (CAD) increases by 0.5% Fiscal deficit rises by 0.3% Inflation and currency pressure mount Includes exchanges, AMCs, wealth managers, depositories Supported by India's long-term financialization and digitalization trends Sector expected to grow 20–25% annually for the next decade (You can now subscribe to our (You can now subscribe to our ETMarkets WhatsApp channel As global tensions rise and crude prices swing, how should Indian investors read the market? In this exclusive chat with ETMarkets' Neha Vashishth, Dr. Mukesh Jindal of Alpha Capital explains what's driving the volatility, which sectors to watch, and why domestic investors now hold the real power in Indian few weeks were critical. The Iran-Israel conflict unexpectedly disrupted the strong rally we've seen since April 7. Over the last two months, markets surged 15–20% due to factors like the Trump tariff issue easing, RBI and global rate cuts, and strong capex push by the Indian the Iran-Israel crisis came as a surprise and could have far-reaching consequences. Iran is the fifth-largest crude oil producer. A prolonged conflict could impact crude prices, which directly affects emerging markets like India, where we import 80% of our crude crude oil crosses $90 or shipping in the Persian Gulf is blocked, we could see prices spike to $100. So far, Brent is near $75-80. It has risen 30% since April and 10% last week alone. Historically, markets react sharply in the initial days of a crisis but tend to bounce back, if the conflict doesn't escalate are tragic, but one sector that gains from geopolitical tensions is defence. In India, defence stocks have surged, the defence index is up 50% in 3 months and 4x in the last 2 government's push for domestic defence manufacturing is key. We've moved away from heavy imports to building our own systems. Defence exports are rising, and there's global demand for Indian missiles and the only challenge is valuation; the defence index trades at a PE of 75. So, I'd recommend looking at this sector for the long term and using corrections as entry Paints , Tyres: Crude is a key raw oil companies (like BPCL, Indian Oil ), Margins get oil companies (like ONGC ) benefit as selling prices & IT: These are export-oriented. A weaker rupee makes them attractive. Pharma also remains defensive in The repo rate is now at 6.25%. This was a surprise — the market expected only a 25 bps cut. RBI had been hawkish for too long, keeping rates high even as inflation was falling. Now, with CPI at just 2.82%, there's room for more – Lending becomes cheaper; credit growth improvesConsumers – Loans for housing and personal needs increaseHowever, some caution:NIMs (Net Interest Margins) may and personal loans show rising NPAs. RBI has flagged to strong private banks and NBFCs with healthy balance sheets and low NPAs. Valuations are still attractive in parts of this out for:Airlines, tyres, paints, and margins get hit when crude crosses $ crude stays below $80, the impact is and profit growth have competition from private/unlisted brands is hurting listed FMCG disruption in two-wheeler and four-wheeler Ola Electric's struggles after early a selective investment The dynamic has changed drastically in the last 10–15 years. Earlier, markets were FII-driven. Now, mutual fund SIPs, around ₹27,000 crore/month, are the 'hand of God' for Indian in volatile domestic participation, expected to last for the next 10–15 fact, if SIP flows weren't so strong, the market might have corrected 40–50% between Oct 2024 and Feb 2025, when FIIs sold ₹3 lakh crore. But we only saw a 15% equity mutual fund AUM as % of GDP is just 7%, compared to 30% globally, and 72% in the U.S. The runway for growth is we must keep an eye on:US deposit rates are ~4.5%, dollar borrowing costs ~9–10%.This hurts exports, FII inflows, and global cuts globally will be crucial for is the world's 5th-largest oil the conflict escalates, oil supply disruptions could spike prices, hurting global fears have eased, but 10% base tariffs continues as Trump's policy direction is index has fallen from 110 to 98.A weaker dollar supports emerging markets like India.: I would have picked defence, but current valuations (PE of 75) are my top pick is Capital Markets:With RBI cutting rates and FD returns going down, more money will flow into equities. Capital market companies are positioned to benefit massively.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store