More than estimated GDP numbers in India, sustained foreign buying, and the US House of Representatives has passed the US debt ceiling bill indicating that the debt impasse will be resolved and will put less pressure on its economy are some of the major reasons which supported the stocks
Retail inflation or (Consumer Price Index) peaked at 7.8 per cent in April 2022 to an 18-month low of 4.7 per cent in April 2023, driven by a reduction in food and core inflation. In some advanced countries, inflation had in fact touched a multi-decade high and even breached the 10 per cent
Pakistan's Ministry of Finance has warned of challenges originating from uncertain external and domestic economic environments, including higher inflation and external debt repayments, due to lesser foreign exchange inflows, according to Geo News.
The central bank said there were upward pressures from an early onset of summer, heat waves and unseasonal rains on food prices in the first half of the year
The Reserve Bank of India (RBI) has said India's growth momentum "is likely to be sustained in 2023-24 in an atmosphere of easing inflationary pressures"
Congress president Mallikarjun Kharge on Monday took a dig at the Bharatiya Janata Party (BJP) on issues related to inflation after the party completed its nine years of power at the Centre on Friday.
Taking to Twitter, Congress General Secretary Priyanka Gandhi Vadra alleged that the Central government dubbed problems like unemployment, and inflation as Amrit Kaal, and Sabka Vikas respectively.
The statistics of the growth rate of the national economy of Pakistan during the current fiscal year released by the National Accounts Committee are shocking. The target of GDP growth rate for the current financial year was set at 5 per cent. However, the actual growth has been reported to b
In a series of tweets in Hindi, Congress claimed that people had to bear the brunt of inflation, unemployment and dictatorial decisions in these nine years.
Prices of all commodities, barring precious metals, are likely to moderate in the current year, the Ministry of Finance said in its Monthly Economic Review report. However, they are still expected to remain well above pre-pandemic levels.
India has three cropping seasons -- summer, kharif, and rabi. Crops sown during June-July and harvested in October-November are kharif. Crops that are sown during October-November and the produce harvested from January-March depending on maturity is Rabi. Crops produced after rabi but ahe