Business

Indian Households Anticipate Lower Inflation in the Near Future, According to RBI Survey

Published

1 year ago

February 10, 2025

The Reserve Bank of India’s (RBI) forward-looking surveys from January 2025 indicate that Indian households are anticipating a decline in inflation in the near term. However, consumer confidence has slightly decreased due to tempered sentiments.

The median perception of current inflation among households has dipped by 10 basis points (bps) to 8.3%, down from 8.4% reported in the previous survey conducted in November 2024.

Meanwhile, the median inflation expectation for a three-month period has risen by 20 bps to 9.3%, and for the one-year outlook, it has increased by 10 bps to 10.2%. According to the survey report, inflation expectations show a rising trend for both the three-month and one-year periods. Households maintain a positive outlook for spending over the next year, reflecting confidence in their financial situations.

The survey also notes an increased proportion of households expecting general price and inflation rises for both the short and long term. Anticipated inflationary pressures are particularly strong for food products and housing across both time frames. For the one-year outlook, households’ price expectations are closely tied to food costs and housing-related expenses.

In terms of consumer sentiments, the survey reveals subdued outlooks regarding spending on both essential and non-essential goods compared to the November 2024 survey. Nevertheless, optimism about future spending remains robust despite some moderation in overall sentiments.

Business

Overseas Loans by Indian Firms See Sharp Decline

Published

24 hours ago

May 17, 2026

Namma Kudla

Business : Indian companies borrowed $5.43 billion from abroad in March, according to RBI data. This was 51% lower than March last year.

Experts said the weak rupee and high global interest rates made foreign loans less attractive for companies.

In the financial year 2025-26, India Inc raised nearly $43 billion through foreign borrowings. This was down from $61 billion in the previous year.

In March 2025, borrowings had crossed $11 billion due to large deals by companies like JSW Steel and Tata Semiconductor Manufacturing.

Companies are also avoiding overseas loans because hedging costs have become expensive during currency volatility.

The RBI reportedly discussed easing foreign borrowing rules and offering hedging support, but no final decision was taken.

Market experts said the ongoing West Asia conflict has increased uncertainty, making companies cautious about raising funds from abroad.

Business

Fuel Prices Hiked by Rs.3 per Litre across India

Published

3 days ago

May 15, 2026

Namma Kudla

New Delhi: Petrol and diesel prices have been increased by Rs.3 per litre across the country from today. Oil marketing companies revised the rates due to the rise in global crude oil prices.

After the hike, petrol price in Bengaluru has reached Rs.106.17 per litre, while diesel now costs Rs.94.10 per litre.

The increase comes amid fluctuations in international crude oil prices and tensions in West Asia, including the Iran conflict. The fall in the value of the Indian rupee against the US dollar has also increased import costs.

The fuel price hike is expected to affect transportation and daily essentials. Transport charges for goods may rise, leading to higher prices of vegetables, fruits, milk, and other items. Bus, auto, and taxi fares may also increase.

Earlier, fuel prices were reduced before the 2024 Lok Sabha elections. In 2022, the Centre had also cut excise duty to control inflation after the Covid pandemic.

Business

Gold Prices Rise in Mangaluru; Demand for Ornaments Remains Strong

Published

2 weeks ago

May 4, 2026

Namma Kudla

Mangaluru: Gold prices in the coastal city of Mangaluru have been reported at high levels today. The rate for 24 karat gold (99.9% purity) stands at Rs.14,962 per gram. The price for 22 karat gold (91.6% purity) is Rs.13,715 per gram. Meanwhile, 18 karat gold (75% purity) is being sold at Rs.11,222 per gram.

Mangaluru is well known for its deep cultural connection with gold. The city has a long tradition of buying and wearing gold ornaments. This tradition continues strongly even today.

Local jewellers say that demand for gold remains steady despite high prices. Many people still prefer to invest in gold for safety and long-term value. Gold is also an important part of weddings and festivals in the region.

Apart from its love for seafood, Mangaluru is also famous for its gold market. The gold trade in the city has a long history and continues to grow.

Buyers are advised to check the latest rates before making a purchase. They can also use a gold rate calculator to get exact pricing based on weight and purity.

Experts say that gold prices may change depending on global market trends. Customers should stay updated and make careful decisions while buying gold.