Inflation
- India
Hyderabad: Banana prices witness spike with increasing demand
Hyderabad: Banana prices have registered a spike in the city with a dozen costing Rs. 60 at the markets. A month and a half ago, the prices were around Rs. 40 a…
- Business
Asian markets fall sharply on likely US Fed action to rein inflation
Hong Kong: Asian stock markets have fallen sharply as soaring prices in America triggered fears the US Federal Reserve will take tougher action to rein in inflation. At the same time, the…
- Business
Majority feel latest moves by RBI would fail to tame inflation
New Delhi: Rising prices caused by shortages, global oil prices and supply chain disruptions have been a matter of concern for a majority of Indians ever since the first lockdown was announced…
- Pakistan
Imran Khan blames Shehbaz Sharif government for rising inflation
Islamabad: Pakistan Tehreek-e-Insaf (PTI) Chairman and former prime minister Imran Khan on Thursday blamed the Shehbaz Sharif-led government for rising inflation in the country which is adversely affecting the overburdened population. Khan…
- Opinions
A ‘Cool-Headed’ Assessment: Monetary Policy Review June 2022
The MPC hiked repo rate by 50 bps to 4.9 per cent, as was widely expected by the market. However given that recent experience had significantly reduced market’s confidence in being able…
- India
RBI raises repo rate by 50 basis points
New Delhi: The Reserve Bank of India has raised the repo rate by 50 basis points to 4.9 per cent, Governor Shaktikanta Das said on Wednesday, adding that inflation was likely to…
- Business
World Bank cuts India’s economic growth forecast to 7.5 pc for FY23
Washington: The World Bank on Tuesday cut India’s economic growth forecast for the current fiscal to 7.5 per cent as rising inflation, supply chain disruptions and geopolitical tensions taper recovery. This is…
- Politics
Lalu Yadav slams BJP, says ‘country heading towards civil war’
Patna: Rashtriya Janata Dal chief Lalu Yadav on Sunday launched a scathing attack against the ruling Bharatiya Janata Party at the Centre and alleged that the country is “heading towards civil war”.…
- Technology
Elon Musk plans 10% staff cut at Tesla, freezes hiring
San Francisco: Elon Musk is reportedly planning to axe 10 per cent of Tesla staff, along with freezing hiring amid stalled Twitter deal, global macroeconomic conditions like chip shortage, rising inflation and…
- World
Food, petrol price hikes push up Spain inflation
Madrid: Soaring food and petrol prices have pushed up inflation to 8.7 per cent in Spain in May, according to preliminary data published by the country’s Statistical Institute (INE). May’s increase follows…
- Hyderabad
Hyderabad: Inflation forces restaurants shut in Old City
The rising inflation is heavily costing restaurants in the city with several managements deciding to shut down their business to avoid losses. “About 40 percent of the management of medium level are…
- India
Indian revenue to take a hit following petrol, diesel VAT cuts
As the Centre announced tax cuts on petrol and diesel and additional gas subsidy on May 21, the Indian economy is ready to take a hit of Rs 1 lakh crores. According…
- India
Inflation has become serious concern for families
New Delhi: A majority of Indian families are feeling the pinch of rising expenses due to inflation and seem convinced that growing expenses in the last one year are becoming difficult to…
- India
Country’s wholesale inflation up by 15.08 percent
New Delhi: Wholesale inflation in India surged to 15.08 percent in April from 14.55 percent in the previous month due to a sharp jump in the prices of fuel, metal, food and…
- Business
India’s April wholesale inflation at 15.08%, up from 14.55% in March
New Delhi: India’s wholesale inflation gauged by the Wholesale Price Index rose to 15.08 per cent in April from 14.55 per cent in March, official data showed. The WPI inflation was 10.74…
