The party started its protest drive from Gujranwala on December 31. Major protest rallies would be taken out on January 1 in Lahore from Azadi Chowk to Choburji Chowk, Multan, Rawalpindi and Faisalabad.
Monetary policy tightening by various central banks to contain inflation, the war in Ukraine leading to price rise for crude oil and subsequent realignment in the global energy supply chain, and strengthening of the US dollar index kept the Indian currency under pressure in 2022.
Some of the major concerns facing the equity markets are tightening monetary policy by various central banks to contain inflation, recessionary fears and high stock valuations.
"From tomorrow, demonstrations will be staged against inflation and the sinking economy [...] and this movement will continue until the incumbent government is sent packing," Dawn quoted Fawad Chaudhry as saying on Thursday.
Monetary policy tightening by various central banks to contain inflation, the war in Ukraine leading to price rise for crude oil and subsequent realignment in the global energy supply chain, and strengthening of the US Dollar index kept the Indian currency under pressure.
The Congress party has targeted the central government on matters related to inflation including milk and fuel prices, unemployment, India's position in the 'Hunger Index' and the Rupee exchange rate.
The measures taken in view of the financial emergency include that all government vehicles used by officers (entitled) should not be given over 120 litres of fuel per month. Employees travelling out of town, city or village on official work should be given two DAs according to their grade an
The British consultancy said in its annual World Economic League Table 2023 that over the next five years, the annual rate of GDP growth is expected to average 6.4 per cent, after which growth is expected to average 6.5 per cent in the subsequent nine years.
The 30-share BSE Sensex went up 90.89 points to 59,942.35 while NSE Nifty rose 68 points to 17,875.25. Some of the gainers which were most active on BSE were Union Bank of India, JP Associates, HCC and SJVN while some of the laggards on the index were Reliance Infra, Sindhu Traders, Ajanta P
Continued monetary policy tightening is needed to achieve moderation in the inflationary pressures, Reserve Bank of India's Monetary Policy Committee member Shashanka Bhide said during the latest policy meeting held this month.
The Finance Minister on Wednesday said in response to a query in Rajya Sabha, "Today, the situation is that we have come up with demand of grants which are essentially for ensuring there is food security and there is also enough to be given for fertilisers which is so critical for our farmer