Inflation may fall to 5.2% next fiscal on normal rains: RBI report
"For 2023-24, assuming a normal monsoon, a progressive normalisation of supply chains, and no further exogenous or policy shocks, structural model estimates indicate that inflation will average 5.2%," RBI said in its 'Monetary Policy Report September 2022'.
Petrol, diesel sales jump in September as festival season approaches
Petrol sales soared 13.2 per cent to 2.65 million tonnes in September when compared to 2.34 million tonnes of consumption in the same month last year. Diesel, the most used fuel in the country, posted a handsome 22.6 per cent rise in sales in September to 5.99 million tonnes when compared to the same month last year.