Severodonetsk in Ukraine 'fully occupied' by Russian army, says mayor Oleksandr Striuk

The Russians also taking control of Lysychansk would effectively give them control of the wider Lugansk region, and allow them to push further into the wider Donbas.

published on : 26th June 2022

Ongoing rate hikes won’t lower headline inflation, which will remain elevated throughout FY23

Empirical evidence shows that inflation above 6% is unambiguously harmful for growth, so RBI will remain hawkish. But how much more tightening is in store? 

published on : 26th June 2022

'How much for my kidney?' Inflation sparks distress, global wave of protests for higher pay, aid

As prices rise, inflation threatens to exacerbate inequalities and widen the gap between billions of people struggling to cover their costs and those who are able to keep spending.

published on : 25th June 2022

Coming up, new Freedom sunflower oil unit in Telangana

The proposal though is at its initial stage. the company aims to manufacture 1,000 metric tonnes of oil per day from this unit. Pradeep Chowdhry,

published on : 25th June 2022

46% of urban Indians say they feel the inflation crunch: YouGov data

As cost of living goes up due to record-high inflation, consumers are cutting back on several household expenses. 

published on : 24th June 2022

Hero MotoCorp to hike motorcycle, scooter prices by up to Rs 3,000 from July 1

The company further said that the price revision has been necessitated to partially offset the steadily growing overall cost inflation, including commodity prices.

published on : 23rd June 2022

European Union leaders set to grant Ukraine candidate status to join the 27-nation bloc

Ukrainian President Volodymyr Zelensky said he had been conducting a "telephone marathon" on his country's behalf in the run-up to the meeting, making his case to 11 European leaders.

published on : 23rd June 2022

Growth can’t be sacrificed in repressing inflation: RBI's monetary policy committee

The panel took solace from the fact that inflation would start coming down from the second half of the financial year.

published on : 23rd June 2022

Inflation: Economic circumstances negatively impacting market for packaged food, says ITC

Fast-moving consumer goods companies have been bearing the maximum brunt of rising commodity prices and geopolitical tensions which have forced them to pass on some part of the cost to consumers.

published on : 23rd June 2022

Agnipath and the revolt of the unemployed

Reduction in government employment is an essential component of the neoliberal fiscal strategy and such an agitation has been in the making for some time now.

published on : 23rd June 2022

Canada inflation jumps to 7.7%, highest since 1983

The price increases, Statistics Canada said in a statement, were "broad-based, pinching the pocketbooks of Canadians and in some cases affecting their ability to meet day-to-day expenses."

published on : 22nd June 2022

Rising costs take heavy toll on company's profit, shows data released by RBI 

The main reason behind the jump in expenses was raw material cost, which rose by 32.8% at Rs 5.46 lakh crore against a 31.3% rise a year ago in 2021. 

published on : 22nd June 2022

Retail inflation for farm, rural workers rises to 6.67 per cent and 7 per cent in May 2022

The major contribution towards the rise in general index of agricultural labourers and rural labourers came from food group to the extent of 7.44 and 7.65 points, respectively.

published on : 20th June 2022

Label your money as 'for now' and 'future'; Inflation can significantly threaten your savings

The first half of 2022 is almost over. It is that time when you can sit back to review your financial well-being. From the headline data, things are not looking good.

published on : 20th June 2022

Normal monsoon, interest rate cut may reduce inflation by year-end: Economists

Although the government has room to further reduce excise duty on petroleum products to contain inflation from the fiscal side, emphasis will be on monetary policy to control price pressures.

published on : 19th June 2022
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