Search For "inflation"
Prepared to raise interest rates further if appropriate: Federal Reserve C
Updated : 2 years, 7 months ago IST
Jerome H. Powell said, “Although inflation has moved down from its peak—a welcome development—it remains too high”.
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Increased cost-of-living undermines fight against poverty in Asia and Paci
Updated : 2 years, 7 months ago IST
The increased cost-of-living crisis sparked by surging inflation last year, combined with the lingering effects of the COVID-19 pandemic, is continuing to push people in Asia and the Pacific into extreme poverty, according to a new report by the Asian Development Bank (ADB).
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Protesters torch thousands of power bills in Rawalakot, PoK
Updated : 2 years, 7 months ago IST
Several people gathered at the Pakistan-occupied Kashmir's Rawalakot and torched thousands of electricity bills.
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PoK: Civil disobedience movement launched amid soaring inflation
Updated : 2 years, 7 months ago IST
The protests started in PoK over the rising inflation and heavy electricity taxes. According to reports, protestors burned their electricity bills publicly at Abshaar Chowk. They said that people are forced to come on the roads.
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Indian stocks remain steady; no immediate triggers for sharp movement
Updated : 2 years, 7 months ago IST
Indian stock indices continued to trade on a steady note on Wednesday. At the opening bell, Sensex and Nifty were just 0.07 per cent lower from the previous closing.
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Time value of money: How time actually is money
Updated : 2 years, 7 months ago IST
New Delhi [India], August 22: Have you ever come across sayings like time changes everything or time waits for no one? As cliche and didactic as these sayings sound, they hold great meaning because they apply to everything including your money. Take your wallet out for a minute. Look at the
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India's economy shines as a beacon of hope in these challenging times: PM
Updated : 2 years, 7 months ago IST
India's economy shines as a beacon of hope in these challenging times, said Prime Minister Narendra Modi on Saturday, reaffirming the robust growth and resilient spirit of the Indian economy.
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Pakistan’s short-term inflation rises 27.5 pc
Updated : 2 years, 7 months ago IST
Pakistan’s short-term inflation has risen 27.57 per cent on a year-on-year basis for the week ending on August 17 largely due to a surge in petroleum prices, showed the official data released on Friday, Dawn reported.
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RBI expected to hold policy rate again at next review meeting: Crisil
Updated : 2 years, 7 months ago IST
The monetary policy committee of the Reserve Bank of India is expected to again hold the policy rate in the next meeting, as the central bank awaits a clearer picture on the inflation trajectory, said Crisil in a report.
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UAE: Sharjah Social Services Department signs agreement with Etihad water
Updated : 2 years, 7 months ago IST
The Sharjah Social Services Department (SSSD) signed a collaboration agreement with Etihad Water and Electricity to provide direct support to citizens with limited incomes to combat inflation and improve the standard of living.
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Inflation to fall below RBI’s 6 pc upper tolerance from November: Morgan S
Updated : 2 years, 7 months ago IST
Retail inflation in India rose sharply in July to 7.44 per cent and in the process breached RBI's 6 per cent upper tolerance target, largely due to a sharp spurt in vegetable, fruit, and pulses prices.
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Inflation risks high but US economy won’t enter into recession: Federal Re
Updated : 2 years, 7 months ago IST
The US economy is unlikely to enter into a recession in 2023, minutes of the Federal Reserve’s July monetary policy review meeting showed, and noted that spending and real activities had improved after the banking crisis experienced earlier this year.
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