The World Bank report released last week points to a sharp decline in public spending, lower household incomes, and reduced consumption caused aggregate demand to fall. It also highlights disruptions in the payment system and supply constraints further hampered private sector activities, ini
Shimla (Himachal Pradesh) [India], October 23 (ANI): The high inflation rates make this Diwali a moderate one for the shopkeepers in the Shimla district of Himachal Pradesh. Markets in Shimla are facing problems in selling crackers as fewer people visit the market, and shopkeepers blame infl
Mumbai (Maharashtra) [India], October 23 (ANI): Noting the slowdown in the economies across the world, Union Commerce Minister Piyush Goyal on Saturday said India is showing new directions to the world to walk on the path of progress.
Islamabad [Pakistan], October 22 (ANI): Amid devastating floods and a crumbling economy, Pakistan's annual inflation climbed to 27.13 per cent this week.
Shimla (Himachal Pradesh) [India], October 22 (ANI): The Congress has accused the BJP of "double standards" on the issue of dynastic politics in Himachal Pradesh and said sons of some BJP leaders have been given tickets for the assembly polls in the state.
Los Angeles [US], October 21 (ANI): Snap Inc's forecast of no revenue growth on Thursday in the typically busy holiday quarter triggered a warning signal in the sector that rising inflation and the war in Ukraine could hurt other tech companies dependent on advertising revenue, Reuters repor
Washington [US], October 18 (ANI): The Afghan economy is adjusting to a "new normal" following the events of August 2021, which brought about a significant economic contraction and widespread deprivation, according to the World Bank's new Afghanistan Development Update.
Mumbai (Maharashtra) [India], October 17 (ANI): The Reserve Bank of India has said that its monetary policy remains focussed on realigning inflation within the targeted band but the fight will be "dogged" and "prolonged".
New Delhi [India], October 17 (ANI): Indian stock indices fell marginally in early trade on Monday tracking weak cues from US markets, which apparently declined due to persistently high inflation in the country and the subsequent monetary policy tightening.
Washington [US], October 16 (ANI): Union Minister for Finance & Corporate Affairs Nirmala Sitharaman on Saturday (local time) said that Indian Rupee has performed much better than many other emerging market currencies in reference to the value of Rs dropping against the USD as geo-pol
New Delhi [India], October 15 (ANI): Union Minister of State Home Affairs Nityanand Rai on Saturday hit out at Janata Dal (United) President Rajiv Ranjan Singh for raking up Prime Minister Narendra Modi's caste and said his allegation of "duplicity" was an insult to the 12 crore people of B