Inflation  

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Financial experts offer insights into retirement planning, emphasizing the importance of early initiation of investments, considering inflation, and reducing expenses as retirement approaches.

 Parth Dwivedi, who was admitted to a hospital for inflation of his brain, took a day’s leave to take up JEE exam. He secured 35th rank in JEE-Advanced Exam

Concerns over growth of the economy, which has also registered a spike in inflation and slowdown in industrial production has been spreading widely across the nation.

The Organisation for Economic Co-operation and Development (OECD) on 21st November slightly cut India’s economic growth forecast for 2019 to 5.8% but said it would pick up to 6.2% in 2020 and further to 6.4% in 2021. Paris-based OECD said private investment would bounce back as capacity utilisation rises and the cost of borrowing for the corporate sector declines. According to OECD India has been a growth champion in recent years and has succeeded in taming inflation, the current account deficit, and non-performing loans. ​​​​​​​

Nirmala Sitharaman said that inflation is under control and there is a clear sign of revival of industrial production. The finance minister also said that inflation in the range of 2.5 to 4% is considered safe and it has been held under 4%. Senior Congress leader Anand Sharma said BJP and its ministers lack vision to revive the economy.              
 

Traders said that easing inflation numbers, released after market hours on Tuesday, too helped the recovery in the domestic market sentiment as the broader NIFTY also gained 35.30 points and the BSE Sensex rebounded by near 300 points in early trade on Wednesday.

The forecast is of immense importance as it directly influences agricultural production and has an impact on inflation and growth.
 

Inflation has more than halved under Modi’s regime, averaging 4.8% since 2014. In 2013-14 under the UPA government, food prices had risen by more than 10% annually. 

Though some experts believe that the Modi government has been able to pull up the economy of the country, opposition parties claim that the BJP-led NDA government has systematically destroyed the Indian economy

131 chartered accountants from across the country, on Monday, debunked allegations made by a group of 108 economists and social scientists who say that the economic statistics of the country are in disarray. Allegations of political interference in data publication has been countered. 

The working class will enjoy not only higher income but also a near absence of price rise, thanks to the low inflation during the past five years. These factors make for a higher standard of living. Another piece of good news for employees: Fewer of are changing jobs frequently — an indicator of work satisfaction.