Search For "inflation"
Rupee strengthens slightly, stocks steady as inflation moderates
Updated : 3 years, 4 months ago IST
Retail inflation moderated to a three-month low of 6.77 per cent in October from 7.41 per cent the previous month. Also, wholesale inflation in October came in at single-digit after 18 long months.
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Rupee depreciates 48 p to close at 81.26 versus dollar
Updated : 3 years, 4 months ago IST
Forex traders said the sharp fall in the rupee after a promising start on Monday was due to a large part of India Inc purchasing dollars. Dollar demand from corporates increased, with cautionary words on US inflation from a Federal Reserve official keeping the greenback firm.
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Retail inflation to track within RBI's target band by March 2023: Morgan S
Updated : 3 years, 4 months ago IST
Morgan Stanley expects India's retail inflation to moderate to 5.4 per cent in 2023-24 and to 4.8 per cent in 2024-25 from 6.6 per cent in the current financial year 2022-23.
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India reports single-digit wholesale inflation after 18 months
Updated : 3 years, 4 months ago IST
According to the statement from the ministry of commerce and industry, the decline in the rate of inflation in October is primarily contributed by fall in the price of mineral oils, basic metals, fabricated metal products, except machinery and equipment; textiles; other non-metallic mineral
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Global economic growth outlook "gloomier", says IMF ahead of G20 summit
Updated : 3 years, 4 months ago IST
In a report titled 'G20 report on Strong, Sustainable, Balanced, and Inclusive Growth', IMF said continued fiscal and monetary tightening is likely needed in many countries to bring down inflation and address debt vulnerabilities and it expects further policy tightening in many G20 economies
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Rupee strengthens further; stocks steady ahead of October inflation data
Updated : 3 years, 4 months ago IST
The rupee opened at 80.52 against the US dollar versus the previous close of 81.80 on Friday.
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Biden apologises for US pullout from Paris Climate Accord under Trump
Updated : 3 years, 4 months ago IST
US President Joe Biden on Friday riding on the Inflation Reduction Act and other measures, affirmed that the US was ready to take back the leadership of fighting a warming planet.
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21 hours daily load-shedding in Gilgit-Baltistan's Skardu
Updated : 3 years, 4 months ago IST
Pakistan's Skardu town witnessed a severe power crisis for up to 21 hours, causing problems for all businesses.
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Global economy on the verge of a downturn: Moody's Investors Service
Updated : 3 years, 4 months ago IST
Moody's Investors Service said in a report said global growth would slow in 2023 and remain sluggish in 2024. Still, a period of relative stability could emerge by 2024 if governments and central banks manage to navigate their economies through the current challenges.
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Indian markets recover, Sensex rallies 1,000 points in early trade
Updated : 3 years, 4 months ago IST
In broad-based indexes, S&P BSE LargeCap went up 104 points to 7,110 points with stocks like Zomato, Naukri, Bajaj Finance as most active ones in the index. BSE MidCap moved up 130 points to 25,558.73 level as Godrej Properties and NHPC were gainers in the index. Among the most active st
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Priyanka flays BJP in Himachal, claims state is in debt of Rs 70,000 cr
Updated : 3 years, 4 months ago IST
There are 30 lakh young people in Himachal Pradesh, and 15 lakhs of them are unemployed while government posts lie vacant in the state. This government (BJP) has snatched jobs and increased inflation, Priyanka claimed while addressing the public rally on the last day of campaigning in Him
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Indian stocks slump, rupee declines ahead of US inflation data
Updated : 3 years, 4 months ago IST
At 9.53 am, Sensex traded at 60,555.92 points, down 477.63 points or 0.78 per cent, whereas Nifty traded at 18,022.70 points, down 134.30 points or 0.74 per cent.
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