Inflation
- India
Rahul Gandhi slams Centre over rising inflation
New Delhi: Taking a jibe at the Central government over rising inflation, Congress leader Rahul Gandhi on Thursday said that inflation is increasing in the country and income is decreasing. Taking to…
- World
Turkey takes new measures to cope with high inflation
Istanbul: Turkey announced new economic measures to ease the burden of citizens against the skyrocketing cost of living amid high inflation. President Recep Tayyip Erdogan said at an economic meeting in Istanbul…
- World
US inflation jumped 7.5% in the past year, a 40-year high
Washington: Inflation soared over the past year at its highest rate in four decades, hammering America’s consumers, wiping out pay raises and reinforcing the Federal Reserve’s decision to begin raising borrowing rates…
- Pakistan
Inflation at its highest in 2 years in Pakistan
New Delhi: Pakistan continues to reel under high inflation. The country’s general inflation measured by Consumer Price Index (CPI) clocked in at 24-month peak of 13 per cent in January as prices…
- India
Budget is betrayal of salaried, middle classes: Congress
New Delhi: The Congress on Tuesday accused Finance Minister Nirmala Sitharaman and Prime Minister Minister Narendra Modi of betraying the country’s salaried and middle classes by not announcing any relief measures for…
- India
Akhilesh Yadav slams UP govt, terms current phase as ‘half income, double inflation’
Lucknow: In an open letter addressed to the public, Samajwadi Party (SP) chief Akhilesh Yadav on Wednesday slammed the Uttar Pradesh government over a range of issues, terming the current phase as…
- Pakistan
Imran Khan admits Pakistan faces massive inflation
Islamabad: Pakistan Prime Minister Imran Khan has admitted that the people in the country are facing massive inflation as prices of commodities and fuel have surged in the nation and stated that…
- World
Inflation skyrockets in Sri Lanka; food prices at record high
Colombo: Sri Lanka’s benchmark inflation rate, measured by the National Consumer Price Index, accelerated to 14 per cent in December 2021, up from 11.1 per cent, the government statistics office said on…
- World
Canada’s inflation rose to highest in 30 yrs
Ottawa: Canada’s annual rate of inflation rose to 4.8 per cent in December 2021, the highest since 1991 due to higher prices for food, passenger vehicles and housing, according to Statistics Canada.…
- World
Biden pledges to ‘get inflation under control’
Washington: US President Joe Biden has pledged to “get inflation under control” as American voters were increasingly “pessimistic” about the economy and “doubted his ability” to fix supply chain issues and tackle…
- India
India’s overall macroeconomic situation on recovery mode but facing stagflation: Kaushik Basu
New Delhi: India’s overall macroeconomic situation is in a recovery mode but the growth is concentrated at the top end, which is a worrying trend, according to former World Bank Chief Economist…
- World
Turkey’s inflation to be single-digit by mid-2023: Minister
Istanbul: Turkey’s annual inflation rate will be in single digit when the country will hold its presidential and parliamentary election in mid-2023, Turkish Treasury and Finance Minister Nureddin Nebati has said. “With…
- Business
High food prices lift India’s Dec retail inflation rate
New Delhi: High food prices accelerated India’s December 2021 retail inflation rate on a sequential and year-on-year basis. Data furnished by the National Statistical Office showed that the Consumer Price Index rose…
- Pakistan
Pakistan’s inflation surges again as food prices rise
Islamabad: The recent sharp increase in the food prices in Pakistan has again pushed the inflation up, forcing people to face difficulties amid multiple economic challenges faced by the country, a media…
- Technology
Google raises salaries of top brass after refusing to hike workers’ pay
San Francisco: After informing employees last month that it wouldn’t automatically adjust salaries to account for inflation, Google is giving four of its top-most senior executives a significant pay hike, raising their…
