Consumer prices rose significantly in the outgoing week on the back of onions, chicken, eggs, rice, cigarettes and fuel, official data showed on Friday, driving the weekly inflation to over 40 per cent for the first time in over five months. Though week-on-week inflation eased slightly, it s
Benchmark stock indices extended their losses from the previous session as market sentiments remain subdued over global inflation and subsequent monetary policy actions by various central banks.
Consumer inflation in the US moderated to 6.4 per cent in January from 6.5 per cent in December, and 7.1 per cent the previous month but still is way above the 2 per cent target.
Delhi-NCR [India], February 21 (ANI/NewsVoir): The Reserve Bank of India (RBI) has announced a repo rate hike of 25 basis points taking the total interest rate to 6.5 per cent. The RBI's decision to raise the rate was driven by concerns about inflation. However, the developers feel that RBI
On another query over the Directorate of Enforcement's ongoing raids on Congress leaders in Chhattisgarh, Nirmala Sitharaman said no action is executed with a sense of revenge.
In December, 2022, inflation in the country stood at 24.5 per cent, almost double of 12.3 per cent from the previous year, the report said, adding that the common people were the most affected by the high flour prices amid the country's worst-ever food crisis.
"Our budget itself gives a big message that if there is inflation and unemployment, then what scheme should the government bring in so that people can get relief from inflation and unemployment. This is what I can do whether it is a matter of employment or it's a matter of inflation," he sai
On January 25, the government said FCI would offload 30 lakh tonnes of wheat from the central pool in the markets under the Open Market Sale Scheme, within the next two months, for containing the rising domestic prices of the staple foodgrain.
With expected headwinds from the economic slowdown and inflationary pressure in 2023, investors must factor into those aspects before jumping into an investment decision - including for the real estate assets, said real estate consultancy firm Anarock.