Inflation
- India
IMF expects inflation in India to come down to 4 percent range next year
United Nations: The International Monetary Fund (IMF) expects India’s inflation rate to come down to the 4 percent range in the next financial year with additional monetary tightening from being above the…
- World
How will OPEC plus cuts affect oil prices, inflation in India?
The decision of the OPEC plus countries to cut oil supply is going to impact the fuel prices and inflation in India and other countries across the world. Already almost all countries…
- India
Indian economy seen as sweet spot world over; inflation at manageable level: Sitharaman
New Delhi: Finance Minister Nirmala Sitharaman on Saturday said inflation is at a manageable level and the Indian economy is seen as a sweet spot the world over, as a result of which…
- World
Sri Lanka’s inflation zooms to 69.8 per cent in September
Colombo: Sri Lanka’s inflation has set a new record of 69.8 per cent in September, up from 64.3 per cent a month earlier, data from the state statistics office said on Friday,…
- India
RBI hikes repo rate to fight high inflation
Mumbai: Reserve Bank of India’s Governor Shaktikanta Das today announced the hike of the repo rate, the key lending rate, by 50 bps to 5.9 percent. Explaining the rationale behind the policy,…
- Middle East
Poverty, inflation, fear: Egypt’s economy pushed to brink
Stores are selling winter clothes from last season in the middle of summer. Repair shops lack spare parts for appliances. There’s a waiting list to buy a new car. Egypt, a country…
- India
RBI set for fourth straight rate hike to quell inflation, say experts
Mumbai: The Reserve Bank of India (RBI) may take cues from its global counterparts, including the US Federal Reserve, to raise interest rates for the fourth time in a row on Friday to…
- Pakistan
Pakistani rupee plunges to Rs 240 against USD
Islamabad: The Pakistani rupee on Wednesday plunged to an all-time low to Rs 240 against the US dollar in the inter-bank market, making it the worst performing currency in the emerging markets…
- Business
US Fed’s single-minded focus on inflation: S&P Global Market Intelligence
New Delhi : The US Federal Reserve will be single-mindedly focused on inflation until it is lowered closer to the 2 per cent target on a sustained basis, said global business intelligence…
- Business
RBI article favours frontloading of monetary policy actions to tame inflation
Mumbai: An RBI article on Friday favoured frontloading of monetary policy actions, such as interest rate hikes, to contain inflationary pressures without sacrificing medium-term economic growth prospects. The article titled ‘State of the…
- World
World Bank warns of rising global recession risk amid simultaneous rate hikes
Washington: As central banks across the world are simultaneously hiking interest rates in response to inflation, the world may be edging toward a global recession in 2023, the World Bank warned. Central…
- India
Chidambaram takes jibe at FM Sitharaman on rise in retail inflation
New Delhi: Senior Congress leader P Chidambaram on Tuesday attacked Finance Minister Nirmala Sitharaman over retail inflation rising to 7 per cent, saying if she doesn’t see “red” even now, it can…
- Business
Inflation and supply disruptions top risks for Emerging Asia: Moody’s
New Delhi : Inflation and supply chain disruptions are the biggest risks over the next 12-18 months in Emerging Asia — China, India, Indonesia, Malaysia, the Philippines, Thailand, and Vietnam, according to…
- India
Centre plans $2.5 bn compensation to oil companies: Report
New Delhi: Aiming to shore up huge quarterly losses incurred by state-owned oil marketing companies (OMCs) like Indian Oil Corporation, Hindustan Petroleum Corporation, and Bharat Petroleum Corporation, the government plans to pay…
- Business
Retail inflation rises to 7% in August over high food prices
New Delhi: India’s retail inflation in August 2022 rose to 7 per cent, up from 6.71 per cent in July, mainly due to high food prices, according to data released by the…
