Inflation
- 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…
- Business
Inflation concerns, volatility in risky assets to boost gold’s demand: ICICI Securities
New Delhi: Rising concerns over higher inflation and expectations of high volatility in riskier assets are expected to boost the demand for gold in 2022, brokerage house ICICI Securities said. Besides, the…
