The US central bank's policy rate is now in a target of 4.25-4.50 per cent, the highest level in 15 years, and notably, it was near zero in the early part of 2022.
According to the World Bank's latest Global Economic Prospects report, global growth is slowing sharply in the face of elevated inflation, higher interest rates, reduced investment, and disruptions caused by Russia's invasion of Ukraine.
Given fragile economic conditions, any new adverse development such as higher-than-expected inflation, an abrupt rise in key interest rates to contain it, a resurgence of the Covid-19 cases, or escalating geopolitical tensions could push the global economy into recession.
Demand for natural gas from price-sensitive industrial and power sectors may be limited in times of rising prices, as they switch to cheaper alternate fuels, Fitch Ratings said in a report on Tuesday.
New Delhi [India], January 10 (ANI/GPRC): Univest, a fintech startup, is a one-stop solution for all investment problems has on-boarded Pratik Gandhi ('Harshad Mehta' fame star). Since launching its app just three months ago, they already have 100,000+ users and one of the best user retentio
Amid the row over Tamil Nadu Governor RN Ravi's remark that 'Tamizhagam' rather than 'Tamil Nadu' would be a more appropriate name for the state, many posters with the words '#Getout Ravi' were spotted in Valluvar Kottam and Anna Salai areas of West Chennai.
The East Turkistan Government in Exile call on the 14 nations that visited Occupied East Turkistan, including the UAE, Saudi Arabia, Egypt, Syria, Bahrain, Serbia, Tunisia, and Bosnia-Herzegovina, Kuwait, and Sudan to oppose China's ongoing genocide against Uyghurs and other Turkic peoples i
Tens of thousands spend hours daily to get the subsidized bags of flour that are already short in supply in the market. Chaotic scenes are often witnessed as people gather around vehicles pushing each other as the mini-trucks and vans escorted by armed guards go about distributing the flour.
According to Chowki Incharge Court Complex, Ratan Lal, the deceased RPF officer identified as Rakesh Kumar Rai, was on his way to the Mau Indara Railway Station when an unidentified vehicle rammed into him in the morning.
Soon after the Tamil Nadu Governor R N Ravi began the customary address in the Assembly's first session of the year on Monday, legislators of the ruling DMK and its allies started raising slogans against the Governor after he favoured the term 'Tamizhagam' rather than 'Tamil Nadu'. They l
Factors such as higher import and transportation costs, crop availability, demand and supply gap, hoarding, exchange rate issues, and the ongoing economic crisis have resulted in uncontrolled inflation in Pakistan, even on essential food items, the Dawn reported, adding that the condition wa
The Indian media and entertainment sector may log revenue growth of 12-14 per cent on a yearly basis to about Rs 1.6 lakh crore during the financial year 2023-24 (April-March), against the expected 16 per cent growth in the current financial year ending March 2023.