Inflation
Dearness Allowance: Increase in basic salary component, 3-4% hike expected — Why is DA important?
Dearness Allowance (DA) is a percentage of salary for central government employees and pensioners to offset inflation. Updated bi-annually, it rose from 58% to 60% in January 2026, benefiting 50 lakh employees and 65 lakh pensioners. Future hikes depend on AICPI data and government approval.
2 min read06:16 PM ISTGlobal economy tipping towards a sharp slowdown, India ‘may lose a step’ too: Moody's Analytics
The global economy is headed for a slower growth phase over the next two years, with India also expected to lose momentum, as an extended US-Iran conflict threatens to trigger a fresh energy shock, reignite inflation and force central banks into tighter monetary policy, says Moody’s Analytics.
4 min read04:22 PM ISTIndia eyes UAE ports to skirt Hormuz risks for energy cargoes
Indian refiners and importers are increasingly relying on the United Arab Emirates' Fujairah and Khor Fakkan ports along the Gulf of Oman, outside the traditional Strait of Hormuz shipping route that, to source energy supplies from the region
5 min read05:30 AM ISTMint Quick Edit | Inflation is clearly on the rise and RBI may need to re-examine its policy stance
Wholesale inflation rose to 9.9% in June while India’s retail inflation at 4.4% marked a 17-month high. This wouldn’t have surprised the Reserve Bank, but uncertainty over energy and food supplies may call for a stance review.
1 min read15 Jul 2026July rains ease monsoon deficit, but crop and inflation risks persist
The cumulative shortfall in rainfall eased to 19.3% during 1 June-13 July from 38% at the end of June. However, the improvement was uneven, with east and northeast India still reporting a 35.5% deficit, followed by the south peninsula (21.5%), northwest (11.9%) and central India (8.5%).
4 min read15 Jul 2026Warsh vows to deliver price stability, Fed ‘regime change’
Federal Reserve Chairman Kevin Warsh reaffirmed a strong stance against high inflation, emphasising the commitment to restore price stability and cautioning against overreacting to recent data.
4 min read14 Jul 2026Social Security COLA 2027 may rise to 3.8%: How much more could you receive?
Rising inflation data hints at a higher Social Security cost-of-living adjustment (COLA) of 3.8% for 2027. This could increase average monthly benefits to $2,103, but advocates warn that inflation continues to strain seniors’ ability to meet basic living costs.
1 min read14 Jul 2026India's CPI inflation is 4.38%, but your personal inflation could be higher. Here's how to calculate it
India's CPI inflation stood at 4.38% in June 2026, but your personal inflation rate may differ depending on your spending habits. Using MoSPI's category-wise inflation data, you can calculate your own personal inflation rate.
3 min read14 Jul 2026Wholesale inflation nears double digits in June as food and fuel costs rise
Producer price inflation climbed to 9.87% in June, driven by food and petroleum-linked costs.
2 min read14 Jul 2026Inflation breaches RBI target as patchy monsoon adds fresh risks
Driven by rising food prices, CPI-based retail inflation accelerated to 4.38% in June from 3.93% in May, breaching the Reserve Bank of India's medium-term target of 4% for the first time since January 2025—and the first time since the new CPI series was introduced in January 2026
3 min read14 Jul 2026Wait for it…
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