Search For "high inflation"
Amul raises milk prices by Rs. 2 in all states except Gujarat
Updated : 3 years, 5 months ago IST
New Delhi [India], October 15 (ANI): The Gujarat Cooperative Milk Marketing Federation (GCMMF), which sells milk and milk products under the brand name 'Amul' increased the prices of full cream milk and buffalo milk by Rs 2 per litre across all the states except Gujarat, said officials on S
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High inflation, weak global cues drag Sensex 390 points down
Updated : 3 years, 5 months ago IST
Mumbai (Maharashtra) [India], October 13 (ANI): The Indian stock market's benchmark Sensex slumped 390 points on Thursday as a surge in inflation and poor industrial output amid weak global cues dampened investors' sentiments.
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Monetary policy to be restrictive for some time, says US Federal Reserve V
Updated : 3 years, 5 months ago IST
Washington [US], October 11 (ANI): US Federal Reserve is expected to continue to keep its monetary policy restrictive for some time in order to ensure that high inflation numbers move back to target over time, according to the central bank's Vice Chair Lael Brainard.
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Pakistan urges IMF to ease harsh terms on power tariffs, fuel taxes
Updated : 3 years, 5 months ago IST
Islamabad [Pakistan], September 30 (ANI): Amid a worsening economic crisis due to floods, high inflation and depreciating currency, Pakistan on Friday urged the International Monetary Fund (IMF) to ease harsh terms which require Islamabad to increase power tariffs and fuel taxes over next si
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RBI hikes repo rate by 50 bps to fight high inflation, tightening policies
Updated : 3 years, 5 months ago IST
Mumbai [India], September 30 (ANI): Reserve Bank of India's Governor Shaktikanta Das today announced the hike of the repo rate, the key lending rate, by 50 bps to 5.9 per cent. Explaining the rationale behind the policy, the governor said the bleak global economic outlook, persisting inflati
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Slump in Indian stocks continues over monetary policy tightening risks
Updated : 3 years, 5 months ago IST
New Delhi [India], September 26 (ANI): Indian stocks extended their losses from the previous week and declined further on Monday morning following the latest policy rates hike by the US Federal Reserve in its fight against high inflation.
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Indian stocks slump on global monetary policy tightening; Rupee at new low
Updated : 3 years, 5 months ago IST
New Delhi [India], September 23 (ANI): Indian stocks extended their losses from the previous session and declined further on Friday morning following the latest policy rates hike by the US Federal Reserve in its fight against high inflation.
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Indian stocks fall on US Fed's rate hike move; Rupee depreciates to new lo
Updated : 3 years, 5 months ago IST
New Delhi [India], September 22 (ANI): Indian stocks declined, though marginally, on Thursday morning in line with weak global cues, following yet another policy rates hike by the US Federal Reserve in its fight against high inflation.
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Fitch slashes global growth forecast, sees "mild" recession in US in mid-2
Updated : 3 years, 6 months ago IST
New Delhi [India], September 15 (ANI): The European gas crisis, high inflation and the pace of global monetary policy tightening are taking a heavy toll on economic prospects, rating agency Fitch Ratings' September 2022 Global Economic Outlook (GEO) said. European wholesale gas and electrici
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Restrictive monetary policy needed for "some time", says US Fed's Vice Cha
Updated : 3 years, 6 months ago IST
New York [US] September 8 (ANI): Vice-Chair of the US Federal Reserve, Lael Brainard, said monetary policies need to be restrictive for "some time" to provide confidence that inflation moves down towards the target.
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IMF warns of protests across Pakistan amid high food, fuel prices
Updated : 3 years, 6 months ago IST
Washington [US], September 3 (ANI): Pakistan's economy is teetering amid record-high inflation and soaring food prices along with high petrol prices can trigger protests across the country, warned the International Monetary Fund (IMF) on Friday.
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Pak Finance Minister Miftah Ismail hints at early exit, says 'may not have
Updated : 3 years, 6 months ago IST
Karachi [Pakistan], September 3 (ANI): Amid dissatisfaction within the new coalition government of Pakistan led by Shehbaz Sharif, Finance Minister Miftah Ismail has hinted at his early exit, saying that although the coalition government has 13 months, he may not have that much time.
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