Inflation
- Pakistan
Pakistan anticipates civil strife amid inflation; seeks IMF aid
Islamabad: Protests in Pakistan continue to gain momentum with each passing day as hundreds of thousands of locals burn their electricity bills, rejecting the imposed high tariffs and taxes. While the situation…
- Business
Australia’s inflation falls to lowest in 12 months
Canberra: Falling produce and fuel prices have eased Australia’s rate of inflation to its lowest level in over 12 months, official data revealed on Wednesday. According to data from the Australian Bureau…
- Pakistan
Pakistanis burn electricity bills, protest against imposed taxes
Islamabad: Thousands of people across Pakistan have taken to the streets to protest against soaring electricity bills and high taxes imposed by the government at a time when surviving high inflation has…
- Bangalore
Bengaluru voted best place to live in, but its citizens reel under inflation
Bengaluru: The people of Karnataka despite it being one of the most prosperous and contributing states in the country are worst affected by inflation in every sector. The results of the assembly…
- Business
Inflation to remain high for coming months: Economic review
New Delhi: Alhough domestic consumption and investment demand are expected to continue driving growth, global uncertainty and domestic disruptions may keep inflationary pressures elevated for the coming months, warranting greater vigilance by…
- Business
Reserve Bank issues fresh norms for personal loans
Mumbai: The Reserve Bank on Friday asked banks to provide fixed interest rate option to individual borrowers and directed the lenders to levy only reasonable penalty charges in case of default in…
- India
Economy gathering momentum in Q2, inflation remains concern: RBI
Mumbai: Indian economy is gathering momentum in the second quarter, though inflation would continue to average above the central bank’s comfort zone of 6 per cent, said an article in the RBI’s…
- Middle East
Israel’s inflation drops to lowest since January 2022
Jerusalem: Israel’s year-on-year 12-month inflation decreased to 3.3 percent in July, the lowest rate since January last year, according to data released by the country’s Central Bureau of Statistics. The 12-month figure…
- Business
US consumer prices accelerate for the first time in 13 months
Washignton: For the first time in more than 12 months, the pace of US consumer price hikes accelerated on an annual basis, a media report said. The Consumer Price Index rose 3.2…
- Business
US economy grew stronger than expected in second quarter
Washington: The US economy picked up steam in the second quarter despite punishing rate hikes and still-high inflation, the media reported. Gross domestic product, the broadest measure of economic output, grew by…
- India
India’s inflation rate lowest among major countries, says Nadda
Vadodara: Bharatiya Janata Party president JP Nadda on Monday said India’s inflation rate was the lowest among major countries and asserted those who kept talking about food prices were ones who do…
- India
Govt has ‘forgotten’ poor and middle class: Rahul Gandhi
New Delhi: Congress leader Rahul Gandhi on Wednesday attacked the government on issues of employment and prices of essentials, saying it has “forgotten” the poor and middle class, and is “busy” in increasing…