Inflation
- 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…
- Opinions
Over 81 percent elderly find inflation ‘increasingly painful’
Political protests may be voicing the miserable state of citizens under inflationary pressures but the report of an NGO working for senior citizens is shocking. The Agewell Foundation has come out with…
- Business
RBI retains FY23 inflation projection at 6.7 pc
Mumbai: The RBI on Friday retained its retail inflation forecast for current fiscal year at 6.7 per cent amid geopolitical developments and higher global commodity prices, hoping inflationary pressures to ease further.…
- Business
RBI ups policy rate to contain inflation
Chennai: Reserve Bank of India (RBI) Governor Shaktikanta Das on Friday announced the rise of policy rate or repo rate by 50 basis points (bps) to 5.4 per cent. The policy or…
- India
Congress to hold nationwide protests on inflation, unemployment
New Delhi: Congress on Friday is holding nationwide protests against inflation, unemployment and hiked GST rates. The party is also planning to hold a protest at the Prime Minister’s Residence though the Delhi…
- Business
Walmart lays off 200 corporate employees amid rising inflation
San Francisco: Retail giant Walmart has laid off at least 200 corporate employees as the economic downturn takes its toll on companies worldwide. Walmart described the layoffs as a way to “better…
- Business
Factors leading to rise in inflation in India
Mumbai: India has been witnessing a sharp rise in the inflation rate since September last year due to spike in crude oil prices in the international market and increase in commodity prices…
- Business
Average inflation rate highest in 2022, at 6.82%, since 2014
New Delhi: Amid the debate over price rise and inflation in the country, a comparison of government data since the year 2014 discloses that the all India average inflation rate is highest…
- World
Food prices soaring across developing world amid Ukraine crisis
London: Food inflation has soared across much of the developing world since Russia’s invasion of Ukraine and has trapped several richer countries in a cycle of rising prices, a report by the World…
- Business
PC shipments, chip sales growth face record slump this year: Report
New Delhi: Global semiconductor revenue is projected to slow down to 7.4 per cent this year, down from 2021 growth of 26.3 per cent, while chip sales from PCs are likely to…
- India
Govt prepares to turn the tables on Oppn over price rise, inflation
New Delhi: The opposition parties keep targeting the BJP government at the Centre for rising inflation in the country. Since July 18, when the Monsoon session of Parliament opened, the opposition has…
- World
US Fed raises interest rates by 75 basis points
Washington: In the backdrop of an over four-decade high inflation, the US Federal Open Market Committee has raised its key policy interest rate by 75 basis points to 2.25-2.50 per cent, anticipating…
- Automobile
Tesla will lower price for cars if inflation calms down: Musk
San Francisco: Tesla CEO Elon Musk said that his electric vehicle company Tesla would pull down the prices of its car if the inflation calmed down. On the microblogging site Twitter, the…
- World
US inflation hits 40-year-high
Washington: Fuelled by increase in the prices of oil, shelter and food, the inflation rate in the US rose to 9.1 per cent in June. The inflation rate rise was the largest…
