While addressing a press conference in Hubballi, CM Sukhu said," BJP always talks about controlling inflation but failed in their promise. Now they are giving a religious angle to this election after failing to deliver on multiple promises. You should form a Congress government in Karnataka
Amid reeling economic crisis and shortage of foreign exchange reserves, Pakistanis have turned to Iran for less expensive fuel as the country's inflation rate hit historic highs during the past few months, Geo News reported.
Indian stock indices have managed to end this week with gains on a cumulative basis. Benchmark Sensex and Nifty indices accumulated 0.8-1.0 per cent gains.
Emma Bubola, writing in NYT said that anti-monarchists see the coronation as an opportunity to highlight the absurdity of having a royal family in the 21st century.
At the low end, Japan, Luxembourg, Spain and Switzerland recorded inflation rates below 4 per cent, while inflation in Hungary and Turkey still exceeded 20 per cent.
Emkay Institutional Equities, a part of Emkay Global Financial Services, expects India will likely witness a sub-five per cent inflation in the early part of 2023, with an average rate of Consumer Price Index at 5.2 per cent for the entire calendar year.
In light of the ongoing high inflation pressures, the Governing Council of the European Central Bank (ECB) decided to raise the key interest rates by 25 basis points (100 basis points makes 1 percentage points).
Strength in Indian stock indices continued from the past few sessions which opened in the green on Thursday, but was limited as US Fed in its fight against inflation raised interest rates by another 25 basis points.
The recent banking crisis in the US appears to have resulted in tighter credit conditions and they are likely to hurt economic activities, said US Federal Reserve Chair Jerome Powell after the two-day monetary policy review meeting where it once again hiked interest rates in their pursuit of
The US monetary policy committee, seeking to achieve inflation at the rate of 2 per cent over the longer run, hiked the key interest rate by another 25 basis points to 5.0-5.25 per cent at its latest two-day review meet held during May 2-3.
The participants at the events raised the demand for fixing the minimum wage at Pakistani Rupees (PKR) 50,000 per month, an increase in workers' salaries keeping in view the inflation, doubling the pension and withdrawing all recent increases in the tariffs of water, electricity and petroleu