Indian stock indices traded in the red Friday, a day after the Reserve Bank of India flagged concerns about possible inflationary pressures in the near term.
The Reserve Bank of India (RBI) has said India's growth momentum "is likely to be sustained in 2023-24 in an atmosphere of easing inflationary pressures"
In its flagship World Economic Outlook report, the International Monetary Fund (IMF) projected that India would be the fastest-growing economy in the world, despite confronting considerable challenges such as financial sector turmoil, inflationary pressures, effects of the Russia-Ukraine
New Delhi [India], March 28 (ANI/PNN): 2022 has been shaped by persistent Corona restrictions in some markets, inflationary pressures with a resulting turnaround in interest rates, a cooling global economy and, above all, the war in Ukraine. In the midst of these global challenges, Hafele SE
Continued monetary policy tightening is needed to achieve moderation in the inflationary pressures, Reserve Bank of India's Monetary Policy Committee member Shashanka Bhide said during the latest policy meeting held this month.
On inflation, the report by the department of economic affairs said domestic prices of some food items have gone up in the wake of the rise in international prices. India's grain availability was impacted by the untimely heatwaves and deficiency of the southwest monsoon in the current year.
New Delhi [India], September 27 (ANI): With the inflationary pressures evident across the globe, many countries have been witnessing back-to-back interest rate hikes. India too is closely knit to the global economy and had to take remedial actions to control inflation, which is driven by dom
New Delhi [India], September 12 (ANI): The current round of gas crisis in Europe is expected to create a fresh round of inflationary pressures in food and transport prices, said SBI Research in its latest report, adding that the prices of fertilizers and its raw material would remain elevate
New Delhi [India], July 16 (ANI): Though the overall virus-related concerns have eased with COVID infections becoming less deadly, a spike in new infections across G-20 economies is, however, a reminder that the emergence of newer and more dangerous variants remains a risk to the global econ
New Delhi [India], June 28 (ANI): Indian currency rupee on Tuesday hit a fresh all-time low of 78.59 per US dollar, primarily due to a sell-off in equities, rising inflationary pressures, and elevated global crude oil prices.
Seoul [South Korea], June 21 (ANI/Xinhua): South Korea's headline inflation is expected to hit a 14-year high this year on growing inflationary pressures both from the demand and the supply sides, a central bank report said Tuesday.