According to Fitch, the demand for chemical products is anticipated to remain restricted, influenced by economic slowdowns in major economies impacted by inflation and high interest rates.
The Federal Reserve on Wednesday held the interest rates steady at a 22-year high for the third straight meeting, while the central bankers have predicted three possible rate cuts next year, The Hill reported on Wednesday.
Prices of cereals rose by 10.27 per cent and vegetables by 17.7 per cent in November on a year-on-year basis. Pulses were up by 20.23 per cent, spices by 21.55 per cent and fruit prices were up 10.95 per cent last month, official data released by the Ministry of Statistics and Programme Impl
Indian benchmark stock indices tracked marginally lower at the opening bell Wednesday, primarily attributable to profit booking after the recent rally which led to the indices hitting all-time highs.
Amid high inflation, when essential commodities have become more expensive than ever before, contractual employees are finding it hard to run their normal livelihoods. They lambasted the Gilgit Baltistan assembly for dropping a 'bomb of inflation' and hiking the salaries of ministers and off
There is anger and resentment among the people of Gilgit Baltistan, as at least 10 people were killed and 21 passengers were wounded on December 2 when a Rawalpindi-bound bus from nearby hills was attacked by unknown terrorists, causing a vehicle to collide with a goods truck.
The monetary policy committee of the Reserve Bank of India (RBI) in its December review meeting unanimously decided to keep the policy repo rate unchanged at 6.5 per cent, thus maintaining status quo for the fifth straight occasions.
Financial market participants in India will closely monitor the outcome and the policy stance of the central bank, the Reserve Bank of India (RBI), to be announced at 10 am Friday (today), for fresh cues. As things stand, the monetary policy committee is most likely to maintain status quo
The latest inflow comes at a time when India reported strong quarterly growth maintaining its fastest-growing major economy tag, inflation in a comfortable zone, and political stability in the run-up to General Elections 2024.
As part of this framework, Google will contribute USD 100 million in financial support annually, indexed to inflation, for a wide range of news businesses across the country, including independent news businesses and those from Indigenous and official-language minority communities.