The index report noted that with each year the healthcare cost in the country is becoming expensive because there is double digit inflation in healthcare. It said "Healthcare inflation was reported at 14 per cent in India."
Pawar said that PM Modi is targeting the Gandhi family instead of focusing on inflation, law and order, and unemployment while addressing poll rallies in Haryana and J-K.
Ishiba is set to helm world's fourth-largest economy in the face of a weakening yen, inflation, growing national debt and wage stagnation. The country has also to contend with increasing tensions in the Asia-Pacific, North Korea's nuclear ambitions and China's growing military threats.
The Reserve Bank of India (RBI) is likely to cut the repo rate by 25 basis points this year, and cumulatively by 1 percentage point as part of its departure from steady monetary policy, said investment banking company Jefferies in a report.
Household consumption in India is set to experience accelerated growth in the second quarter of FY 2024-25, the Reserve Bank of India said in its September Bulletin released on Friday.
In light of the recent 50 basis points (bps) rate cut by the US Federal Reserve, the Reserve Bank of India (RBI) may consider a similar move, potentially announcing a rate cut by February 2025, according to a report by SBI Research.
Faced with high inflation during the COVID-19 pandemic, the US monetary policy committee raised the policy rate by 425 basis points in 2022 and another 100 basis points in 2023 as part of its commitment to restoring price stability.
The WPI for all commodities in August stood at 154.5, showing a slight decrease from 155.2 in July. Primary articles, which hold a weightage of 22.62 per cent, registered an index of 194.9 with a year-on-year inflation rate of 2.42 per cent, down from 3.08 per cent in July.
The FMCG sector is likely to see a boost in the coming months because of favourable global factors and domestic revival at play, highlighted a report by Centrum Institutional Research.
Amid worsening economic conditions in Pakistan, the people continue to suffer from economic hardships, especially rampant inflation and the unemployment crisis, which has made even basic facilities and essentials remain out of their reach.
Justin Trudeau's leadership is under scrutiny as his Liberal Party faces a tough by-election in Montreal's Lasalle-Emard-Verdun riding, a historically secure Liberal seat. Amid growing concerns over inflation and a housing crisis, polls show a tight race with the Bloc Quebecois and NDP. The