Search For "inflation"
Indian stocks firm after US reports softer-than-expected inflation
Updated : 2 years, 4 months ago IST
Indian stocks were off to a positive start Wednesday, tracking firm overnight cues from the US markets after softer-than-expected US inflation data supported the view that its central bank may be done raising interest rates.
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In boost to Biden ahead of Prez polls next year, US consumer inflation slo
Updated : 2 years, 4 months ago IST
The US' consumer price inflation slowed to 3.32 per cent in October, snapping its steady climb over for the last two months, CNN reported, adding that the decline has come as a huge sigh of relief for American consumers, who have been grappling with rising prices of essential commodities
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India's wholesale inflation stays in negative zone for 7th month
Updated : 2 years, 4 months ago IST
In a press release by the Ministry of Commerce and Industry, the annual rate of inflation based on the All India Wholesale Price Index (WPI) recorded a notable decline, standing at (-) 0.52 per cent (Provisional) for October 2023, compared to (-) 0.26 per cent in September 2023. This negativ
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India's inflation further eases; here's what experts have to say
Updated : 2 years, 4 months ago IST
Retail inflation in India continued to ease through October, supported by a relative decline in some of the sub-indexes. The October consumer price index (CPI) came at a four-month low of 4.87 per cent against 5.02 per cent the previous month, official data showed.
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Indians stocks off to weak start to truncated trading week
Updated : 2 years, 4 months ago IST
Indian stocks opened the fresh week on a tepid note, after a one-hour bumper Muhurat trade on Diwali evening.
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Oil price rise would hit 2024 global growth, inflation outlook: Fitch
Updated : 2 years, 4 months ago IST
Higher-than-expected oil prices in a scenario where the ongoing Middle East conflict disrupts oil supply would cause lower economic growth and higher inflation, according to Fitch Ratings.
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Global economic jitters: Fitch Ratings predicts 2024 impact from soaring o
Updated : 2 years, 4 months ago IST
According to Fitch's Global Economic Outlook (GEO), a scenario with average oil prices of USD 75 per barrel in 2024 and USD 70 per barrel in 2025 could be upended if oil prices spike to USD 120 per barrel in 2024 and USD 100 per barrel in 2025 due to supply restrictions.
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PoK: Residents protest soaring electricity bills by symbolically throwing
Updated : 2 years, 4 months ago IST
Demonstrating their frustration with the recurrent hikes in electricity prices, locals have resorted to symbolic acts of resistance, such as discarding their power bills into water bodies.
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"India has become new engine of global growth with young demography" says
Updated : 2 years, 4 months ago IST
Das said, "The global economy continues to face multiple macroeconomic and geopolitical shocks. The prediction of a global recession has not come true but there are indications that global growth is slowing down amid tightening financial conditions and still elevated inflation. Even as the f
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Expect further interest rate hike needed to bring inflation down: Fed Gove
Updated : 2 years, 4 months ago IST
Federal Reserve Governor Michelle Bowman reiterated her view that she expected the central bank will need to increase the interest funds rate further to bring inflation down to its 2 per cent target.
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Pakistan: Mill owners raise 20 kg flour bag price by PKR 100
Updated : 2 years, 4 months ago IST
Flour Mills Association President Mian Muhammad Naseem Hasan and Rao Sajid Mahmood said in a statement that due to the poor policies of the caretaker government, the wheat quota has not been provided yet and added that as a result they were forced to buy and sell wheat at high prices from th
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Short-term inflation in Pakistan surges to 29.88 pc
Updated : 2 years, 4 months ago IST
Short-term inflation in Pakistan has surged 29.88 per cent year on year in the week ending on November 2 due to the increasing prices of kitchen products, according to official data released on Friday, Dawn reported.
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