Inflation
- 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…
- India
Appreciating dollar, US inflation bad news for Indian students
Chennai: The rupees fall against the US dollar is not a new phenomenon, but it always catches many tight-budgeted parents and their wards studying or aspiring to study there unawares. This time…
- Middle East
Turkey sharply raises 2022 inflation forecast to 65%
Ankara: Turkey sharply raised the country’s inflation forecast for 2022 to 65 per cent, up from 9.8 per cent predicted one year ago, according to a government program published in the Official…
- Business
Bitcoin plunges below $20K, may reach $10K level this year
New Delhi: After showing some stabilisation in the last few weeks, world’s largest cryptocurrency Bitcoin has plunged once again below $20,000 after Federal Reserve Chair Jerome Powell’s keynote address. Bitcoin initially showed…
- World
Sweden inflation eases, unemployment rate falls
Stockholm: Sweden’s producer price inflation eased to a five-month low in July, while the unemployment rate declined for the first time in three months, official figures revealed on Friday. The figures from…
- India
India hiring not impacted by high global inflation, new jobs up 29 percent
Bengaluru: Despite fears of rising inflation globally, Indian jobseekers are not adversely affected as far as their livelihood and expenses are concerned, with six in 10 jobseekers saying they have not been…
- Delhi
Kejriwal attacks Centre over inflation, unemployment
New Delhi: Delhi Chief Minister Arvind Kejriwal on Monday attacked the Centre over a host of issues, including inflation and unemployment, and wondered how will the nation progress like this. Who will…
- Business
Inflation ‘unacceptably and uncomfortably’ high: RBI Governor at MPC meet
Mumbai: RBI Governor Shaktikanta Das said the retail inflation is “unacceptably and uncomfortably” high and proposed the 50 basis points hike in repo rate at the recent monetary policy review meeting. The…
- World
UK: Inflation touches double digits for first time in 40 years
London: Inflation in the UK crossed the 10 per cent mark in July, the first such occurrence over the past 40 years. The Consumer Prices Index (CPI) rose by 10.1 per cent…
- Politics
I-Day celebrations would’ve been better if people could tide over inflation, poverty: Mayawati
Lucknow: Bahujan Samaj Party supremo Mayawati on Monday said Independence Day is a matter of immense happiness, but the celebrations would have been brighter had the citizens not been bogged by inflation…
- India
Retail inflation eases to 6.71% in July as food prices soften
New Delhi: Retail inflation softened to 6.71 per cent in July, mainly on account of moderation in food prices, government data showed on Friday. In June, retail inflation was at 7.01 per…
