Indian stock indices plunged Thursday morning tracking weak global benchmark US markets, which fell as its central bank Federal Reserve said another hike in interest rate may be needed to tame inflation and bring it to 2 per cent target.
In his 10th address from the ramparts of the Red Fort today, PM Modi said, "The world has still not recovered from Corona. The war gave rise to another crisis. Today, the world is facing the crisis of inflation. Inflation has the entire global economy in its clutches...It is unfortunate t
Prime Minister Narendra Modi on Tuesday said there has been an unprecedented surge in India's exports and noted that India is now the world’s fifth-largest economy due to the efforts of 140 crore citizens
This decline in the rate of inflation has been attributed to a fall in prices across various sectors, including mineral oils, basic metals, chemical & chemical products, textiles, and food products.
In its bid to give further relief to consumers, the central government on Monday said it has directed its marketing agencies to sell tomatoes at Rs 50 per kg instead of Rs 70 starting Tuesday.
"Inflation at the global level remains a cause for worry. But in India, the Government and the Reserve Bank have managed to contain it. The Government has succeeded in protecting the common people from high inflation while also providing a more extensive security cover to the poor. The wo
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, fruits, and pulses prices.
Pakistan yet again witnessed a year-on-year increase in short-term inflation which now stood at 30.82 per cent for the week ending on August 10, official data from Pakistan Bureau of Statistics (PBS) stated, ARY News reported.
Once seemingly "inexhaustible" engine which propelled China is now sputtering, posing alarming risks for Chinese households and economies around the planet. From a profit-enhancing version of globalization, China has devolved into the ultimate wild card in a moment of extraordinary uncertain
In its first quarterly performance report to the Asian Development Bank (ADB) on USD 1.5 billion Building Resilience with Active Country-cyclical Expenditures (BRACE) released on Thursday, the Ministry of Finance said the financial progress remained satisfactory on Countrycyclical Developmen
Indian stock indices traded in the red Friday, a day after the Reserve Bank of India flagged concerns about possible inflationary pressures in the near term.