Search For "high inflation"
G7 to implement price cap on Russian oil imports
Updated : 3 years, 6 months ago IST
Berlin [Germany], September 2 (ANI): The Group of Seven (G7) nations have promised to move towards a price cap on Russian oil, saying it would hamper the country's war efforts in Ukraine and speed up the deterioration of its economy.
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RBI hikes repo rate for third time: Here's what experts have to say
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 5 (ANI): The monetary policy committee of the Reserve Bank of India (RBI) has decided to raise the repo rate by 50 basis points to 5.40 per cent in order to contain the persistently high inflation. Today's hike takes the repo rate above pre-pandemic level
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RBI Monetary Policy: Latest hike takes repo rate above pre-pandemic levels
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 5 (ANI): The monetary policy committee of the Reserve Bank of India has unanimously decided to raise the repo rate by 50 basis points to 5.40 per cent in order to contain the persistently high inflation. Today's hike takes the repo rate above pre-pande
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RBI raises repo rate by 50 bps to cool inflation, 3rd hike in row
Updated : 3 years, 7 months ago IST
Mumbai (Maharashtra) [India], August 5 (ANI): The monetary policy committee of the Reserve Bank of India has raised the repo rate by 50 basis points to 5.40 per cent in order to contain the persistently high inflation.
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US Fed raises interest rates by 75 basis points, hints another "large" hik
Updated : 3 years, 7 months ago IST
Washington [US], July 28 (ANI): In the backdrop of an over four-decade high inflation, the US Federal Open Market Committee has raised its key policy interest rate by 75 basis points to 2.25-2.50 per cent, anticipating that the increase in the interest rates will be "appropriate".
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'GST on lassi, wheat, rice..': AAP appeals Central govt to reduce GST
Updated : 3 years, 7 months ago IST
New Delhi [India], July 26 (ANI): Delhi Chief Minister Arvind Kejriwal on Monday appealed to the central government to withdraw the increased goods and services tax (GST), stating that people want relief from high inflation.
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Pakistani rupee, stocks continue downward trend, experts blame country's p
Updated : 3 years, 7 months ago IST
Islamabad [Pakistan], July 21 (ANI): With the rupee hitting a record low level, losses at the Pakistan Stock Exchange (PSX), high inflation and low forex reserves of the country recently, experts in Pakistan believe that the delay in the loan facility from IMF and domestic political upheaval
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India's inflation above tolerance for 6th consecutive month; here's what a
Updated : 3 years, 8 months ago IST
New Delhi [India], July 13 (ANI): India's retail inflation eased marginally to 7.01 per cent in June from 7.04 per cent in the previous month helped by softening crude and edible oil prices, while staying above the central Reserve Bank of India's (RBI) tolerance limit for the sixth consecuti
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Prolonged Russia-Ukraine conflict to intensify Pakistan's economic woes
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 12 (ANI): Pakistan, which is reeling under high inflation, sliding forex reserves, widening current account deficit and depreciating currency, is bracing for the worst economic woes due to the prolonged Russia-Ukraine conflict.
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State Bank of Pakistan says inflation in country to stay high for a year
Updated : 3 years, 8 months ago IST
Islamabad [Pakistan], July 8 (ANI): Inflation in the country will remain in the range of 18-20 per cent this fiscal year, according to the State Bank of Pakistan (SBP).
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Nearly half of Americans 'struggling' with high inflation, soaring gas pri
Updated : 3 years, 8 months ago IST
New York [US], July 7 (ANI/Xinhua): The sense of optimism coming out of the pandemic has all but deflated as a looming recession has Americans taking stock of their financial situation and wondering how they'll be faring in just a few months, reported Fortune on Wednesday.
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Housing sales in metros decline 15 pc in April-June quarter
Updated : 3 years, 8 months ago IST
New Delhi [India], June 30 (ANI): In a major fallout of increased property prices and lending rate hikes by the RBI and subsequently by several domestic banks, the top 7 cities in India saw a 15 per cent moderation in housing sales during the second quarter of the current calendar year 2022
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