\"Recent events (concerns around inflation) have emphasised to us the importance of this flexibility and the need to have it in amounts that can significantly buffer us against market volatility,\" says Suyash Choudhary, Head of Fixed Income, IDFC Mutual Fund

CPI inflation increased to 6.30 per cent on yearly basis in May '21 as compared to 4.23 per cent in Apr'21. This 200 bps increase on yearly terms and 100 bps increase in monthly terms is \"a matter of concern\", said SBI

The BoE has said it expects inflation to hit 2.5% by the end of this year before settling back to its 2% target as the impact of post-lockdown energy price rises fades along with other cost pressures, such as bottlenecks in supply chains

India's retail inflation has spiked sharply to 6.3 per cent in May after easing to 4.23 per cent in April, as per data released by the government on Monday. Retail inflation, measured by the Consumer Price Index (CPI), has jumped primarily due to higher food and fuel prices. It has breached the Reserve Bank of India's target range of 2-6 per cent for the first time in five months. Experts have expressed concern about higher inflation and the second wave of the Covid-19 pandemic, which has severely impacted lower and middle-income families. Watch the video for more.Also Read: Retail inflation rise in May likely to cause RBI to 'revisit focus on growth risks', says Oxford

\"Consumer inflation spiked in May... This may cause the RBI to revisit its focus on growth risks. Still, we think a rate hike is unlikely this year,\" Oxford Economics said

Analysts do not expect RBI to tweak the lending rates immediately to manage inflation though the rate exceeds the inflation target range set by the Reserve Bank of India (RBI)

Current CPI figures are way above Reserve Bank of India's target of 4 per cent (+/-2%). This time, it has surpassed RBI's target for first time after five months

The ministry says as per India's demographic distribution, 86.5 crore people or 63.1 per cent of the population is above 18 years of age. Assuming herd immunity at 80 per cent, the target population to be vaccinated is 70 crore, it adds

RBI will also purchase Rs 40,000 crore of government securities, comprising state development loans worth Rs 10,000 crore under the ongoing G-SAP 1.0 via an auction on June 17

Governor Das said that the favourable base effect that brought about the moderation in headline inflation by 1.2 percentage points in April may persist throughout the first half of the year

RBI Monetary Policy Committee meet: Reserve Bank of India (RBI) Governor Shaktikanta Das kept the repo rate unchanged at 4%, retaining the accommodative stance to aid economic recovery. The central bank also trimmed FY22 GDP forecast to 9.5% from 10.5%

Covid has created disruption in the semi-urban and rural areas, which were untouched in the first wave. The global commodity prices are also on an upswing

The fears of firming inflation are also likely to abstain the MPC from fiddling with the interest rate in its bi-monthly monetary policy result, to be announced on June 4

The next bi-monthly monetary policy review is scheduled to be announced on June 4, following the meeting of the Monetary Policy Committee (MPC) beginning Wednesday

The hike in full dearness allowance (DA) for central government employees is likely to be announced on July 1, 2021. The DA hike is likely to be at least 4 per cent of the basic salary of a central government employee

Rising input costs due to high commodity prices and supply disruptions brought on by the intensification of the second COVID-19 wave in rural India are adding to inflationary pressures

The inflation concerns in the world's largest economy are sending shivers across the emerging markets. There are reasons to be worried about US inflation as any move to normalize the monetary policy in the US will lead to an outflow of dollars from emerging markets like India. Indian stock market has been the biggest beneficiary of global liquidity post the outbreak of the pandemic with foreign investors pouring in Rs 1.70 lakh crore, which was the highest inflows figure in the last decade. The hardening of inflation and also interest rates in the US will slow down the dollar inflows into the Indian stock market. In fact, a part of the hot money already invested in India will also go back to the US and other markets for risk-free returns. Any large outflow of dollars has the potential to weakens the currency value against the US dollar, fuel imported inflation, and also push interest rates higher in the domestic market. The inflation in the domestic market is already at an elevated level. BT  analysis how India should prepare to handle this new risk, which comes from the monetary policy normalization in the US.Also Read: Bitcoin price recovers to $38,403 after Elon Musk's meeting with miners

Point-to-point rate of inflation based on the CPI-AL (Consumer Price Index for Agricultural Labourers) and CPI-RL (Consumer Price Index for Rural Labourers) decreased to 2.66 per cent and 2.94 per cent in April 2021

SBI recommended urgent fuel price cut through tax rationalisation, otherwise consumers' non discretionary spending will continue to get distorted and impart an upward bias in inflation

Barclays says perishable food products -- especially vegetables and fruits -- minerals and basic metals drove the inflation surge in April, which may \"precede an increase in the CPI in the coming weeks\"