Investors now await retail inflation data for June to be released later today. Analysts expect inflation may see an uptick due to the sharp rise in tomato and a relative spurt in pulses prices.
Bristol [UK]/Sydney [Australia], July 11: According to the Australian Banking Association, of the 2.6 million businesses in Australia, the majority (98%) are small and medium enterprises (SMEs)*. As the sector accelerates in 2023, it also suffers from an increase in the cost of goods and ser
Indian stock indices rose marginally Monday morning but analysts pointed out that any further rally from the current levels is unlikely. Notably, Sensex seems to have anchored around 65,000 points.
New Delhi [India], July 6: The global financial markets have been volatile since the turn of 2020. Events such as the global pandemic, the Ukraine-Russia conflict, US Fed tapering and surges in energy prices have ushered a period of heightened uncertainty, triggering inflationary pressure an
The per plate cost of veg and non-veg thali in India, which has been on a decline since October 2022, nosed up in May and June 2023, according to a Crisil Ratings report.
Many attribute the sharp rise in the vegetable to heatwaves in key tomato-growing areas and heavy rains, as well, as disruption in supply chains. Tomatoes, which have a relatively lower shelf life, could also have put pressure on their prices.
Maharashtra Deputy Chief Minister Devendra Fadnavis dismissed allegations of Opposition parties of rising inflation and unemployment in the country and said that it has now become a fashion to speak about them.
Nawaz made the remarks while talking to different PML-N delegations belonging to the different Gulf countries in Dubai, according to state-run Radio Pakistan.
Aam Aadmi Party (AAP) national convenor and Delhi Chief Minister Arvind Kejriwal on Saturday hit out at Prime Minister Narendra Modi and the ruling BJP over inflation, blaming him for the rise in the prices of essential food grains.
The Congress is all set to corner the Central Government on various pressing issues faced in the country including the Manipur violence, rising inflation, unemployment, and the assault on the federal structure of the country the way Governors of different states conducted themselves.
"I've been hearing every month there's going to be a recession next month. The consensus is: Two-thirds of the economists and the major leaders in the banks think we're not going to have a recession. I don't think we will either," the US President said during a briefing.