Explained: What India's high inflation means for taxpayers and why it will affect the poor the most

Contrary to finance ministry claims, most experts believe that higher inflation will adversely impact the lower-income classes. India registered 7.8% retail inflation in April 2022, much higher than the upper limit of RBI’s inflation range. The headline inflation soared to an 8-year-high at the same time. Prices of food items, edible oils and fuels have skyrocketed. But what does that mean for the taxpayers?

published on : 16th May 2022

Week ahead on Wall Street

Next week, investors will get the latest read on inflation and hear from the central banker who watches that closely, Fed Chair Jerome Powell. 

published on : 5th October 2019

Tech stocks boost Wall Street

The Nasdaq rose to hit another record. But as Fred Katayama reports, falling healthcare stocks capped the advance by the Dow and S&P 500.

published on : 14th October 2017