Inflation
- India
Inflation set to ease, though stubbornly: RBI bulletin
New Delhi: The Reserve Bank of India (RBI) has expressed optimism that headline inflation is set to ease from its September high, albeit stubbornly, on the back of easing momentum and favourable…
- India
Inflation ‘manageable’ at 7.4 percent, love to see it down to 4 percent: Sitharaman
Washington: Finance Minister Nirmala Sitharaman has reiterated that the inflation rate, which is hovering over 7 percent in India, is “at a manageable level” compared to where some other countries are at…
- India
Wholesale inflation falls to 18-month low in September to 10.7%
New Delhi: The wholesale price-based inflation declined for the fourth consecutive month to 10.7 per cent in September on softening in prices of food, fuel and manufactured items. The Wholesale Price Index-based…
- Business
RBI to tell govt why it failed to check inflation since Jan
New Delhi: With inflation staying above the upper tolerance limit for nine straight months, the Reserve Bank will now have to submit a report to the central government detailing reasons for the…
- Business
Retail inflation rises to 7.41 pc in September on costlier food items
New Delhi: Retail inflation spiked to 7.41 per cent in September, mainly due to costlier food items. For the ninth month in a row, retail inflation has remained above the Reserve Bank…
- 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…
