Search For "inflation"
Parliament Monsoon Session: RS adjourned for the day following Opposition
Updated : 3 years, 11 months ago IST
New Delhi [India], July 18 (ANI): Rajya Sabha proceedings were adjourned for the day on Monday amid protests by Opposition parties over inflation and GST rate hikes.
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RS MP KC Venugopal moves suspension of business notice to discuss inflatio
Updated : 3 years, 11 months ago IST
New Delhi [India], July 18 (ANI): Congress MP KC Venugopal on Monday moved suspension of business notice under Rule 267 in Rajya Sabha to discuss inflation and the recent increase in GST of some essential commodities.
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No excessive money supply in the system that could stoke runaway inflation
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], July 16 (ANI): The Reserve Bank of India's monetary policy has been "very adroitly balanced" and it ensured that there is no excessive money supply in the system that could stoke runaway inflation, HDFC Bank Chairman Atanu Chakraborty said on Saturday.
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Emergence of new COVID variants a risk to global economic outlook: Moody's
Updated : 3 years, 11 months ago IST
New Delhi [India], July 16 (ANI): Though the overall virus-related concerns have eased with COVID infections becoming less deadly, a spike in new infections across G-20 economies is, however, a reminder that the emergence of newer and more dangerous variants remains a risk to the global econ
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Pakistan's looming collapse should worry the world: Experts
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], July 15 (ANI): With a shrinking economy and rising inflation in Pakistan, experts worry that Pakistan's future is bleak saying that while Sri Lanka's collapse worries the region, Pakistan's collapse should also be a cause for concern.
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Slovenian government introduces price cap on electricity
Updated : 3 years, 11 months ago IST
Ljubljana [Slovenia], July 14 (ANI/Xinhua): The Slovenian government on Thursday introduced a one-year cap on electricity prices for households and small businesses to ease the burden of rising energy prices on citizens.
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China's investment in Sri Lanka is part of Lankan crisis: Arvind Panagariy
Updated : 3 years, 11 months ago IST
New Delhi [India], July 14 (ANI): Former Vice-Chairman of NITI Aayog Arvind Panagariya on Thursday said that China's investment in Sri Lanka is a part of the Sri Lankan crisis, but it's not the sole or the principal cause of the problem.
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Kenya increases fuel subsidy by USD 141 mn to stem rising inflation
Updated : 3 years, 11 months ago IST
Nairobi [Kenya], July 14 (ANI/Xinhua): Kenyan President Uhuru Kenyatta on Thursday increased the country's fuel subsidy funding by 16.68 billion shillings (141 million U.S. dollars) to stem rising inflation, his office said.
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Faced with 'darkening' outlook, IMF set to downgrade global growth
Updated : 3 years, 11 months ago IST
New Delhi [India], July 14 (ANI): Faced with a "darkening" economic outlook, the International Monetary Fund (IMF) is set to further downgrade global growth for both 2022 and 2023 in its World Economic Outlook Update to be released later this month.
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Growth in developing economies likely to halve in 2022, says World Bank re
Updated : 3 years, 11 months ago IST
Washington [US)], July 14 (ANI): The growth in emerging and developing economies are expected to roughly halve to 3.4 per cent in 2022 in comparison to 6.6 per cent the previous year, as the spillover effects led by the Russian invasion of Ukraine has adversely affected these nations, the Wo
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India's wholesale inflation eases marginally in June
Updated : 3 years, 11 months ago IST
New Delhi [India], July 14 (ANI): India's wholesale inflation gauged by the Wholesale Price Index (WPI) came in at 15.18 per cent in June, official data showed on Thursday. June's wholesale inflation is marginally lower than the 15.88 per cent reported during the previous month.
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India's inflation could dip to 5 pc by March: SBI Research Report
Updated : 3 years, 11 months ago IST
New Delhi [India], July 14 (ANI): There is only 20-30 per cent likelihood of a global recession and chances of prolonged stagflation in the economy seem more, according to State Bank of India research report Ecowrap's latest edition, which has projected that India's inflation rate is expecte
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