Search For "high inflation"
How Pakistan failed to safeguard citizens from political and economic expl
Updated : 2 years, 10 months ago IST
The incidents of enforced disappearances, the safety of religious minorities or lack thereof, and the diminishing rights of women and children have remained a grave cause of concern. The year 2022 was chaotic and fatal for the people in Pakistan. The devastating floods last monsoon led to ex
Read More
'India has managed food inflation very well in difficult global conditions
Updated : 2 years, 10 months ago IST
The consumer food price index (CFPI) in India moderated to 4.79 per cent in March this year, down from 5.95 per cent in February and 7.68 per cent in March 2022
Read More
ECB hikes interest rates by 25 bps in fight against inflation
Updated : 2 years, 10 months ago IST
In light of the ongoing high inflation pressures, the Governing Council of the European Central Bank (ECB) decided to raise the key interest rates by 25 basis points (100 basis points makes 1 percentage points).
Read More
IMF's staff-level agreement with Pakistan looks dicey: Report
Updated : 2 years, 10 months ago IST
Amidst very high inflation and extremely low forex reserves, the International Monetary Fund (IMF) bailout plan for Pakistan looks dicey, unless the country makes a strong case for debt sustainability, reported Daily Times.
Read More
Global economy staring at possibility of slowdown as fears re-emerge over
Updated : 2 years, 10 months ago IST
According to Jahnavi Prabhakar who authored the report, a lot is at stake for Federal Reserve now, as it considers the next rate action given the stubbornly high inflation, elevated wage growth, credit crunch scenario and uncertainty in global growth.
Read More
Pakistan: Poverty, high inflation make lives of people miserable
Updated : 2 years, 10 months ago IST
Director of the Pakistan Institute of Labour Education and Research (PILER), Ummat Ali, told Express Daily that inflation in these months has made life challenging for people who are poor.
Read More
Global growth seen at 2.3 pc in 2023; slowdown centred in US, Europe: S&am
Updated : 2 years, 10 months ago IST
Global GDP growth is forecasted to slow from 3.0 per cent in 2022 to 2.3 per cent in 2023 and the slowdown is expected to be centred in Europe and the US -- regions where high inflation and monetary policy tightening through interest rate hikes are restraining consumer and business spending,
Read More
Kazakhstan President Tokayev stresses on need for economic reforms
Updated : 2 years, 10 months ago IST
Kazakhstan President Kassym-Jomart Tokayev stressed the need for economic reforms and growth of the country, reported Astana Times.
Read More
Pakistan facing dire living conditions, 80pc workers denied minimum wage
Updated : 2 years, 10 months ago IST
Amid Pakistan's failure to enforce minimum wage laws at a time when the South Asian country is reeling under high inflation, an estimated 80 per cent of unskilled workers are not receiving the minimum wage, Pakistan-based The Express Tribune reported.
Read More
Gold expected to continue to shine due to recession fears and high inflati
Updated : 2 years, 10 months ago IST
Bangalore (Karnataka) [India], April 21 (ANI/PRNewswire): A recent study on precious metals by Windmill Capital, a wholly-owned subsidiary of smallcase Technologies Pvt Ltd, highlights that Gold has been in focus during FY23 due to the uncertainty in the global financial markets. The equity
Read More
Economic, political tension worsens poverty in Pakistan: Report
Updated : 2 years, 11 months ago IST
The report says Pakistan's economy is under stress with low foreign reserves and high inflation. Activity has fallen with policy tightening, flood impacts, import controls, increased borrowing and fuel costs, low confidence, protracted policy and political uncertainty. Despite some projected
Read More
IMF projects India to be fastest growing economy in the world
Updated : 2 years, 11 months ago IST
The International Monetary Fund (IMF) in its flagship World Economic Outlook projected that India will be the fastest growing economy in the world amid financial sector turmoil, high inflation, ongoing effects of the Russia-Ukraine war, and three years of COVID.
Read More