inflation

OPEC+ tipped to make big cut down in oil output amid inflation, soaring prices

A sizeable cut now looks on the cards, the question is whether it will be large enough to offset the demand destruction caused by the impending economic downturn. 

published on : 3rd October 2022

Turkey's inflation rate hits fresh 24-year high at 83.45 per cent

Turkey's monetary policymakers are bucking the global trend of the central banks raising interest rates to combat inflation, as high borrowing rates cool down the economy and prices.

published on : 3rd October 2022

Inflation may fall to 5.2 per cent next fiscal on normal rains, ease in supplies sans shocks: RBI report

The world has already witnessed two major shocks of the pandemic and the Ukrainian situation and a third shock comes in the form of aggressive monetary policy actions by central banks globally.

published on : 2nd October 2022

Inflation, His Majesty’s Pound and King Dollar

In the UK a meltdown in the pension funds following a crash in the value of bonds forced the Bank of England to fork out 65 billion pounds.

published on : 2nd October 2022

'Inflation at a manageable level', says finance minister Nirmala Sitharaman

Speaking at the annual day function of regulator IBBI, Sitharaman, who is also the corporate affairs minister, said: "We are in an era of robust economic activities".

published on : 1st October 2022

Falling rupee burdens importers, students in foreign universities

The falling rupee hurts credibility and slows investment, it gives a fillip to inflationary conditions at the macro level and is a burden on wallets at the micro level.

published on : 1st October 2022

World economy in the eye of a new storm and no one is insulated from it, says RBI's Shaktikanta Das

"In the last two and a half years, the world has witnessed two major shocks-- the Covid-19 pandemic and the conflict in Ukraine. These shocks have produced profound impact on the global economy."

published on : 30th September 2022

Retail inflation for industrial workers rises to 5.85 per cent in August

Food inflation stood at 6.46 per cent against 5.96 per cent in the previous month (July 2022) and 4.83 per cent during the corresponding month (August 2021) a year ago.

published on : 30th September 2022

Youth Cong holds protest against inflation; seeks restoration of statehood to J-K

Uday Bhanu Chib, president J-K Youth Congress said ,the BJP government should not to take the people of Jammu and Kashmir for granted and restore the statehood to J-K without wasting time.

published on : 30th September 2022

Repo rate hike: HDFC raises lending rate by 50 bps; EMIs to increase

This is the seventh rate increase undertaken by HDFC in the last five months.

published on : 30th September 2022

RBI says letter to govt on missing inflation target will be privileged communication; not to be made public

The RBI has to write a letter explaining the reasons for missing the target and charting out details on when it is likely to achieve the target of 4 per cent.

published on : 30th September 2022

Global recession increasingly likely as cost of living soars: Chief economists' survey

The grim outlook for growth is being driven in part by high inflation, which has triggered sharp monetary tightening across many economies.

published on : 28th September 2022

RBI's rate-setting panel starts deliberations; decision on September 30

An SBI research report said the Indian markets have, however, performed much better. Specifically, the rupee has been holding remarkably well with RBI intervention supporting it in the market.

published on : 28th September 2022

IMF urges UK to re-evaluate tax cuts on inflation concerns  

The British pound fell to a record low against the U.S. dollar of $1.0373 on Monday amid investor concern about the government's policies.

published on : 28th September 2022

Three-day RBI monetary policy meet starts today; another repo rate hike likely

Like several other central banks, the main focus of the RBI during the three-day-long meet will again remain on containing high inflation.

published on : 28th September 2022

Odisha: Puja organisers feel price rise pinch, artisans back in business

Price hike and inflation has made Durga Puja a costly affair for festival organisers of the district this year. 

published on : 28th September 2022

RBI may raise rates by 35-50 bps in next MPC meet, say experts

Retail inflation in India had touched 7 per cent in August as against 6.7 per cent in July due to rise in food prices.

published on : 27th September 2022

S&P pegs India's GDP growth at 7.3 per cent this fiscal; expects inflation to be above 6 per cent

S&P Economist Vishrut Rana said the rupee may continue to see volatility in the coming days, but India has 'substantial buffer' to withstand foreign fund outflows.

published on : 26th September 2022

S&P projects India's GDP growth at 7.3 per cent this fiscal

In its Economic Outlook for Asia Pacific, S&P said India's growth next year will get support from domestic demand recovery after the coronavirus pandemic.

published on : 26th September 2022

How much is enough for retirement

As persistently high inflation hurts everyone, the size of the retirement corpus also grows.

published on : 26th September 2022
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