Search For "inflation"
Inflation has hurt consumers, rupee depreciation has impacted us: Bajaj El
Updated : 3 years, 6 months ago IST
Bajaj Electricals on Tuesday reported a marginal decline in its consolidated net profit to Rs 62 crore for the second quarter ended September 30 (Q2). It had Rs 62.55-crore net profit during the July-September quarter the previous fiscal, the company said in a regulatory filing. Net sales sl
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US midterm polls: Republicans set to control House of Representatives, bat
Updated : 3 years, 6 months ago IST
Electors across the US voted on Tuesday (local time) to decide whether the Democrats or Republicans will control the Senate and House of Representatives.
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Indian stocks rise marginally; rupee appreciates further in early trade
Updated : 3 years, 6 months ago IST
Indian stock indices traded marginally higher this morning, while the rupee continued with its appreciation against the US dollar.
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"I'm focused on investing in America..." US President Joe Biden
Updated : 3 years, 6 months ago IST
As teh mid-term polls went underway in the US, President Joe Biden attacked the Republican Party for not focusing on foundational programs like Medicare and Social Security.
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Worst is behind us unless there are black swan events: FICCI's Subhrakant
Updated : 3 years, 6 months ago IST
"India is well placed as we have managed to control inflation better than other large economies have done. I would say that perhaps the worst is behind us. Unless there are some surprises in terms of black swan events," Ficci president-elect said.
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African countries face heat as China slows down lending
Updated : 3 years, 6 months ago IST
Economic growth in Sub-Saharan Africa is set to decelerate from 4.1 per cent in 2021 to 3.3 per cent in 2022, as a result of a slowdown in global growth, rising inflation exacerbated by the war in Ukraine, adverse weather conditions, a tightening in global financial conditions, and the risin
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Pakistan spending 66 per cent of forex on fuel imports
Updated : 3 years, 6 months ago IST
Amid surging energy prices worldwide due to the Russia-Ukraine war and deteriorating economy due to inflation and its depreciating currency, Pakistan is forced to spend 66 per cent of its forex reserve on fuel imports.
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Factors that might influence domestic markets, investors this week
Updated : 3 years, 6 months ago IST
Some of the factors that might influence the markets on Monday are policy rate hikes by US Federal Reserve, the Bank of England and the report of the Reserve Bank of India that might come out next week on why it failed in maintaining the inflation mandate.
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RBI likely to further hike repo rate by 45 to 50 basis points, says Punjab
Updated : 3 years, 6 months ago IST
Reserve Bank of India will hike the repo rate by 45 to 50 basis points, Punjab and Sind Bank Managing Director Swarup Kumar Saha on Saturday as the Bank of England has increased its interest rate. Punjab and Sind Bank is expecting a hike of 50 basis points in the Repo Rate.
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People will give verdict against mismanagement under BJP: Bhupesh Baghel
Updated : 3 years, 6 months ago IST
Chhattisgarh Chief Minister Bhupesh Baghel on Friday said that the general masses are very much aware of the ongoing situation and will give their verdict against the unemployment, inflation, and mismanagement in the upcoming assembly polls.
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Bank of England raises bank rate, the highest in 30 years, to combat infla
Updated : 3 years, 6 months ago IST
The updated projections of the Monetary Policy Committee (MPC) of the Bank of England for activity and inflation described a very challenging outlook for the UK economy, as set out in the accompanying November Monetary Policy Report.
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RBI holds meeting to discuss, draft report on inflation mandate failure
Updated : 3 years, 6 months ago IST
The meeting was called on Thursday under Section 45ZN of the Reserve Bank of India (RBI) Act 1934, which pertains to steps to be taken if the central bank fails to meet its inflation-targeting mandate.
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