Search For "price stability"
US Fed cuts interest rate by 50 basis points after keeping it steady over
Updated : 1 year, 5 months ago IST
Faced with high inflation during the COVID-19 pandemic, the US monetary policy committee raised the policy rate by 425 basis points in 2022 and another 100 basis points in 2023 as part of its commitment to restoring price stability.
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Union Minister Hardeep Puri assures industry of the stability in the price
Updated : 1 year, 6 months ago IST
Addressing the IFGE's India Bio-Energy and Tech Expo in New Delhi, Puri said, "The continued policy of the government in providing price stability and remunerative prices for ethanol suppliers has helped in reducing the pending of sugarcane farmers. The government is committed to advancing a
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India sets sights on global renewable ammonia market, takes strides toward
Updated : 1 year, 9 months ago IST
According to S&P Global Commodity Insights, however, industry insiders emphasize the need for greater policy clarity and price stability to transform these agreements into binding deals.
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Pakistan's monthly inflation rate increases to 28.5 pc amid economic crisi
Updated : 2 years, 1 month ago IST
The Pakistan-based news daily reported that this report follows the central bank's recent announcement of its monetary policy, which tempered earlier optimism about a sharp decline in inflation in the second half of the fiscal year. Price stability is the central bank's primary objective und
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Global economy facing tirade of challenges says RBI Governor Shaktikanta D
Updated : 2 years, 4 months ago IST
Highlighting the hurdles that have become increasingly prevalent on the global economic horizon, Das said, "The global economy is now facing a tirade of challenges. First, slow moderation in inflation, which is getting interrupted by recurring and overlapping shocks. Second, slowing growt
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Exploring the security of stablecoins such as USDT and Dai with a glimpse
Updated : 2 years, 9 months ago IST
New Delhi [India], June 6: Stablecoins are a unique asset class that combines the advantages of digital currencies with price stability. This article delves into the security aspects of stablecoins, focusing on two prominent players in the market, USDT (Tether) and Dai. Additionally, we will
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Why Dai and Tether holders are flocking to the Big Eyes Coin presale
Updated : 3 years, 2 months ago IST
New Delhi [India], January 12 (ANI/ATK): Stablecoins can hold their value in the crypto market by being pegged to a reference asset such as a different cryptocurrency, exchange-traded commodities, or fiat money. Their price stability allows crypto investors to place their funds in stablecoin
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Pak central bank says govt failed to achieve financial, price stability de
Updated : 3 years, 2 months ago IST
The State Bank of Pakistan has estimated that growth in FY23 would be less than the low range set for the year.
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Govt allows sugar exports of up to 6 mt for 2022-23
Updated : 3 years, 4 months ago IST
A statement from the ministry of consumer affairs, food and public distribution on Sunday said as another measure to balance the price stability of sugar in the country and the financial positions of sugar mills in the country, based on initial estimates of sugarcane production, the governme
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AdirizeDAO and Binance BUSD are two StableCoins to add to your portfolio
Updated : 3 years, 4 months ago IST
New Delhi [India], October 19 (ANI/ATK): The role stablecoins play in regulating price stability is crucial in the crypto market. Since these assets are pegged to centralized currencies, they are often expected to remain unchanged by external factors. They have played their part on numerous
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RBI weighs in favour of sustainable economic growth, hikes rates to a 3-ye
Updated : 3 years, 5 months ago IST
New Delhi [India], October 4 (ANI/PNN): RBI's monetary policy committee (MPC), which determines interest rates, opted to raise the policy repo rate by 50 basis points to 5.9 per cent with immediate effect. This decision was taken after three days-long sessions that concluded on September 30.
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Foundry Industry hails reduction in import duty on raw material for Steel
Updated : 3 years, 9 months ago IST
Kolkata (West Bengal) [India] May 25 (ANI/ NewsVoir): The Institute of Indian Foundrymen says the move, coupled with the levy of export duty on iron ore and steel intermediates, will help in improving availability and usher in price stability.
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