Search For "inflation"
India's economic prospects challenged by Russia-Ukraine war, says RBI Depu
Updated : 3 years, 9 months ago IST
New Delhi [India], June 24 (ANI): The ongoing geopolitical developments in Ukraine have challenged India's economic prospects, thereby darkening the country's outlook and making it highly uncertain, said the Reserve Bank of India's Deputy Governor Michael Patra.
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Gold trading in narrow range on high inflation, rising interest rates: Rep
Updated : 3 years, 9 months ago IST
New Delhi [India], June 23 (ANI): Gold prices are expected to trade in a narrow range until some clarity arises in the key interest rates and other monetary policy measures in the US, said financial services firm Emkay Wealth Management in a report.
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RBI hiked rates to prevent inflation from corroding economic recovery, MPC
Updated : 3 years, 9 months ago IST
Mumbai (Maharashtra) [India], June 22 (ANI): The Reserve Bank of India (RBI) Monetary Policy Committee decided to hike the policy repo rate by 50 basis points earlier this month in order to prevent inflation from corroding economic recovery, as per the minutes of the MPC meeting released on
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Rupee hits fresh record low on inflationary concerns, high crude prices
Updated : 3 years, 9 months ago IST
New Delhi [India], June 22 (ANI): Indian currency rupee on Wednesday touched yet another fresh low of 78.29 per US dollar, primarily due to growing concerns about rising inflation.
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South Korea's inflation expected to hit 14-year high in 2022
Updated : 3 years, 9 months ago IST
Seoul [South Korea], June 21 (ANI/Xinhua): South Korea's headline inflation is expected to hit a 14-year high this year on growing inflationary pressures both from the demand and the supply sides, a central bank report said Tuesday.
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Growth slowing but risk of stagflation in India low: Finance Ministry
Updated : 3 years, 9 months ago IST
New Delhi [India], June 20 (ANI): There is a "distinct possibility" of widespread stagflation in the world, but in India, the risk of stagflation is low as the country has adopted prudent stabilisation policies, said a report released by the Finance Ministry on Monday.
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Upside risks to fiscal deficit emerges following duty cut on fuel: Finance
Updated : 3 years, 9 months ago IST
New Delhi [India], June 20 (ANI): Government revenues have taken a hit following cuts in excise duties on diesel and petrol, posing an upside risk to the budgeted level of gross fiscal deficit, the Department of Economic Affairs said in its Monthly Economic Review for May 2022.
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PTI supporters stage nationwide protest against inflation
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 20 (ANI): A large number of workers and supporters of Pakistan Tahreek-e-Insaf on Sunday staged protests across the country against rising inflation on the call of party chairman and former prime minister Imran Khan.
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Imran Khan to announce PTI's future strategy in inflation protest
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 19 (ANI): Former Pakistan Prime Minister and Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan has asserted that the party's future strategy will be decided on Sunday in the protest against inflation.
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Lebanese wheat farmers struggle to sustain livelihoods in spiraling inflat
Updated : 3 years, 9 months ago IST
Beirut [Lebanon], June 19 (ANI/Xinhua): Crop harvesters are busy reaping the sprawling wheat fields in eastern and southern Lebanon, marking the start of this year's harvest season amid a food crisis in Lebanon compounded by global supply shortages.
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Pakistan's weekly inflation rate increases by 3.38 pc after fuel price hik
Updated : 3 years, 9 months ago IST
Islamabad [Pakistan], June 19 (ANI): Due to the increase in the petroleum prices, the inflation rate measured by the Sensitive Price Index (SPI) in Pakistan increased by 3.38 per cent in comparison to the previous week.
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Congress is left with only history but no future: KTR
Updated : 3 years, 9 months ago IST
Hyderabad (Telangana) [India], June 19 (ANI): Telangana Minister for IT and Industries KT Rama Rao on Saturday said lashed out at Congress and said that it had ruined the state and the entire country.
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