Inflation
- India
Missed inflation target, digital currency pilot mark RBI’s 2022 map
Mumbai: The Reserve Bank of India failed to deliver on its contracted inflation target for the first time, started fiat digital currency pilot and finally saw its efforts to improve bank balance sheets…
- India
Stop favouring friends, start serving people reeling under inflation: Rahul to Modi
New Delhi: Congress leader Rahul Gandhi Tuesday asked Prime Minister Narendra Modi to stop “favouring friends” and start serving people reeling under high inflation. He highlighted that the Congress government in Rajasthan…
- Middle East
Israel’s inflation hits 14-yr high
Tel Aviv: Israel’s year-on-year inflation rose to 5.3 per cent in November, the highest since October 2008, according to figures issued by the Central Bureau of Statistics. The 12-month inflation figure continued…
- Business
RBI hikes repo rate by 35bps, to continue battle against inflation
Chennai: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Wednesday in a 5:1 decision increased the repo rate by 35 basis points (bps) to 6.25 per cent to contain…
- Business
Continuing battle against inflation, RBI hikes repo rate by 35 bps
Chennai: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) on Wednesday in a 5:1 decision increased the repo rate by 35 basis points (bps) to 6.25 per cent to contain…
- India
Gujarat elections: Voters take gas cylinders to polling centres to protest against inflation
Ahmedabad: Cooking gas cylinders became a symbol of protest against price rise in Gujarat on Thursday as some voters carried them to polling stations during the first phase of the Assembly elections.…
- India
Inflation, unemployment India’s biggest problems, says Gehlot
Jaipur: Rajasthan Chief Minister Ashok Gehlot on Tuesday, in a fresh swipe at the central government, said inflation and unemployment had emerged as India’s biggest problems. Gehlot was addressing a gathering at…
- World
UK: Cost of living rises as inflation hits 41-year high
London: Cost of living in the United Kingdom is continuously rising due surge in the prices of essential commodities. The inflation in the country has jumped to a 41-year high. In October…
- Business
Rupee strengthens slightly, stocks steady as inflation moderates
New Delhi: Indian stocks traded largely steady with positive bias on Tuesday morning as data showed retail and wholesale inflation in the country somewhat moderated last month. Retail inflation moderated to a…
- Telangana
Telangana, AP residents suffer highest inflation in October
Chennai: People living in Delhi enjoyed the lowest year-on-year inflation rate in the country at 2.99 per cent in October while those in Telangana suffered the highest at 8.82 per cent, as…
- World
Global stocks decline ahead of US inflation update
Beijing: Global stock markets fell on Thursday ahead of a US inflation update that will likely influence Federal Reserve plans for more interest rate hikes as investors waited to see who will…
- Business
RBI panel holds meeting to draft response to Centre on failure to check inflation
New Delhi: Having failed to keep inflation within its tolerance limit of up to 4 per cent for the past three quarters, the monetary policy committee (MPC) of the Reserve Bank of…
- Business
Bank of England makes biggest interest rate hike in 30 years
London: The Bank of England on Thursday raised the base rate of interest by 0.75 percentage points to 3 per cent, the single biggest increase in more than three decades, as it…