The recent move by the United States to impose steep tariffs on Indian goods is expected to weigh on the U.S. economy, pushing up inflationary pressures and impacting growth, according to a report by the State Bank of India (SBI).
Volatile global commodity prices and ongoing geopolitical tensions could disrupt supply chains and fuel inflationary pressures impacting food prices, said a report by Centrum.
In response to the United States' recent announcement to impose additional port fees on Chinese-built or -operated ships docking in US ports, China expressed strong opposition and said that such measures would not only harm the US economy but also have consequences for global shipping, disru
Despite the slowdown, the HSBC Services PMI data suggests that India's services sector remains resilient, with solid job creation, strong export growth, and steady business confidence. However, inflationary pressures and rising competition could act as headwinds in the coming months.
The rally in gold prices was marked by key milestones. On July 18, prices touched Rs 76,410 per 10 grams, followed by another sharp rise to Rs 81,740 on October 31, driven by global inflation concerns, currency fluctuations, and the ongoing trend of de-dollarization.
BOB also cautioned that the rate cut could be further delayed if inflationary pressures persist. With the Monetary Policy Committee (MPC) voting 4-2 in favour of maintaining the current policy stance, the decision underscores a growing divide among its members regarding the direction of mone
Despite the challenges faced by the global economy, including geopolitical tensions and extreme weather events, global growth remains resilient, supported by easing inflationary pressures and strong employment conditions.
This sudden and significant uptick in oil prices has sent reverberations throughout global financial markets, reigniting fears of inflationary pressures and prompting deep concerns among central bankers, policymakers, and investors alike.
Over the past two months, Meer and fellow demonstrators have been advocating for more affordable flour and electricity, recognising their critical importance amidst current inflationary pressures.
Released by the Ministry of Labour and Employment (MoLE), the CPI for Agricultural Labourers now stands at 1258 points, while the CPI for Rural Labourers stands at 1268 points, both based on the 1986-87=100 base year.
Abu Dhabi [UAE], November 29: Abu Dhabi Finance Week (ADFW) presented by Abu Dhabi Global Market (ADGM) progressed into its next key conference today, conducting the 2023 edition of Asset Abu Dhabi. The event hosted a selective group of investment market leadership, who gathered at ADFW to a