Search For "inflation"
Fed minutes indicate rate cut likely in September
Updated : 1 year, 7 months ago IST
The majority of the Fed members in the latest monetary policy meeting indicated of a policy rate cut in the September meeting, mentioned the Fed minutes released on Wednesday.
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Shaktikanta Das rated A+ for 2nd consecutive year in Global Finance Centra
Updated : 1 year, 7 months ago IST
Grades are based on an "A+" to "F" scale for success in areas such as inflation control, economic growth goals, currency stability and interest rate management. "A" represents an excellent performance, down through "F" for outright failure.
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Sensex crosses 80,000 mark; Nifty up 350 points at midday amid global stoc
Updated : 1 year, 7 months ago IST
Indian stock markets surged firmly on Friday from the opening session, with both indices gaining more than 1 per cent following the rally in the Nifty IT and Nifty Realty.
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Women in Pakistan's Karachi protest against soaring inflation and heavy ta
Updated : 1 year, 7 months ago IST
Several members of the Jamaat-e-Islami Paksitan on Thursday organised a protest in Karachi, raising their concerns against the soaring inflation and unfair taxes imposed by the government.
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Wholesale inflation in India moderates to 2.04% in July, amid declining re
Updated : 1 year, 7 months ago IST
In line with the moderation in retail inflation, wholesale inflation in India too witnessed a sharp decline in July.
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Sensex Nifty opens marginally lower despite CPI inflation hitting 5-year l
Updated : 1 year, 7 months ago IST
The benchmark Sensex opened 100.55 points lower at 79,548.37, while the Nifty slipped 26.45 points to begin the day at 24,323.60.
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Experts welcome moderation of inflation in July, but warns of continued in
Updated : 1 year, 7 months ago IST
Rajani Sinha, Chief Economist at CareEdge, noted, "Despite the moderation in the inflation of the food and beverage basket when compared to last year, the sequential momentum remains strong, with a 2.5 per cent M-o-M increase in prices, higher than an average sequential grow."
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CPI inflation down, but road ahead could be bumpy: SBI Report
Updated : 1 year, 7 months ago IST
The SBI's latest report highlights that the once-dominant "Follow the Fed" mantra appears to be waning, with an increasing number of central banks prioritizing domestic economic conditions over synchronizing with U.S. rate decisions, signalling a shift in global monetary policy dynamics.
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India's IIP grows at 4.2 pc in June'24 up from 4pc in June'23 but declines
Updated : 1 year, 7 months ago IST
For June 2024, the Quick Estimates placed the IIP at 150.0, up from 143.9 in June 2023. This increase was largely driven by robust performances in key sectors. The mining sector, for instance, registered an index of 134.9, reflecting a substantial year-on-year growth rate of 10.3 per cent.
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India's retail inflation softens and align with RBI's 4% target
Updated : 1 year, 7 months ago IST
According to data released by the Ministry of Statistics and Programme Implementation on Monday, retail inflation or Consumer Price Index in July was at 3.54 per cent.
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Pakistanis struggle with monthly expenses: 60 pc urban population cut back
Updated : 1 year, 7 months ago IST
According to a recent study by Pulse Consultant, of those currently struggling to make ends meet, 60 per cent have had to cut back on essential expenses, including groceries, while 40 per cent have resorted to borrowing money from their acquaintances.
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74 pc Pakistanis unable to meet expenses; 10 pc doing two jobs: Report
Updated : 1 year, 7 months ago IST
The survey of Pakistan, a country with roughly 240 million population, also highlighted that more than half, 56 per cent, of those who are just managing to cover their expenses, are unable to save any money after meeting their basic needs.
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