Inflation
- India
Video: Rahul serves lunch to vegetable vendor, listens to his hardships
New Delhi: Congress leader Rahul Gandhi on Friday shared his video with vegetable seller Rameshwar while serving lunch to him and his family as he hosted them at his residence. Rameshwar’s crying…
- India
Inflation to fall below RBI’s 6 pc upper tolerance from Nov: Morgan Stanley
New Delhi: Morgan Stanley expects retail inflation to moderate to Reserve Bank of India’s 6 per cent upper tolerance target only from November. Retail inflation in India rose sharply in July to…
- 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…
- India
Retail inflation in July rises to 7.44% from 4.87% in June: Govt data
New Delhi: India’s retail inflation measured by the consumer price index (CPI), saw a huge rise to 7.44 per cent in July owing to a hike in food prices, as food inflation…
- 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…
- India
Fitch raises India’s GDP forecast to 6.3% for current fiscal year
New Delhi: Fitch Ratings on Thursday revised upwards its FY24 economic growth forecast for India to 6.3 per cent from the six percent it had predicted earlier. This is primarily because of a…
- Middle East
Turkish President vows to reduce inflation to single digits
Istanbul: Turkish President Recep Tayyip Erdogan has said that his government would focus on reducing inflation to single digits from the current nearly 40 per cent. “The uncertainty of the election time…
- World
UK to have highest inflation rates globally in 2023: Forecast
London: A new forecast by the Paris-based Organisation for Economic Co-operation and Development (OECD) on Wednesday revealed that the UK will have one of the highest inflation rates in the developed world…
- Business
RBI-MPC may not change interest rate: Experts
Chennai: The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) may not change the interest rates and would continue with the ‘pause’ mode at their upcoming meeting, said experts. The MPC…
- World
SL slashes policy rates to boost economy and curb inflation
Colombo: Sri Lanka’s central bank on Thursday slashed the policy interest rates by 250 basis points, the first since the “historic contraction” of the island nation’s economy in 2022, saying it will…
- World
Argentina’s interest rate soars to 97 per cent as inflation reaches 100 per cent
Buenos Aires: The Central Bank of Argentina raised its key interest rate by six percentage points to 97 per cent in an effort to tackle soaring inflation that has reached 30-year highs.…
