Inflation
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India's retail inflation soars to 7.79%, higher than April last year
Business | May 12, 2022 18:06 ISTThe Consumer Price Index (CPI) inflation for April 2022 stands at 7.79%. In March, the figures for Consumer price-based inflation jumped to 6.95 per cent.
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How RBI rate hike will tame inflation? Explained
Business | May 05, 2022 17:11 ISTThe Reserve Bank of India in a surprise move on Wednesday (May 4) announced to hike the repo rate by 40 basis points to 4.40 per cent, the first hike since August 2018.
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Home, auto loans EMIs set to go up after RBI's unscheduled interest rate hike | Details
Business | May 04, 2022 17:21 ISTRBI Governor Shaktikanta Das said that all six members of the MPC unanimously voted for a rate hike to contain inflation that has remained stubbornly above the target of 6 per cent for the last three months.
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RBI hikes interest rate by 40 basis points to 4.40%, CRR to 4.50% in unscheduled policy review
Business | May 04, 2022 15:45 ISTRBI hikes repo rate by 40bps hike to 4.40% in an unscheduled policy review citing inflation woes
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India's manufacturing sector sees faster growth amid high inflation in April: PMI
Business | May 02, 2022 16:07 ISTThe April PMI data pointed to an improvement in overall operating conditions for the tenth straight month. In PMI parlance, a print above 50 means expansion, while a score below 50 denotes contraction.
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High oil prices behind inflation in India, monetary tightening needed: IMF
India | April 27, 2022 8:37 ISTAccording to estimates, the country’s economy is likely to grow at 8.2 per cent in 2022-23, down 0.8 per percentage points.
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Hiking interest rates to tame inflation not 'anti-national': Former RBI chief Raghuram Rajan
Business | April 26, 2022 1:00 ISTKnown for his frank views, Rajan also said it was important to remember that the "war against inflation" is never over.
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Varanasi: Desperate devotees take the God route, conduct puja to bring down price of lemons
India | April 20, 2022 17:59 ISTA group of people conducted puja in Varanasi to rein in the rising price of lemons in the country. The devotees said they had to knock on God's door since the government and administration are silent.
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WPI inflation hits 4-month high of 14.55% in March as crude, commodity prices spike
Business | April 18, 2022 12:53 ISTWPI Inflation in February was at 13.11 per cent, while in March last year, it was 7.89 per cent.
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Retail inflation rises to 6.95% in March against 6.07% in February
Business | April 12, 2022 19:20 ISTThe inflation in the food basket was 7.68 per cent in March, up from 5.85 per cent in the preceding month.
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RBI ups inflation target for FY23 to 5.7 pc on rising global prices amidst geo-political tensions
Business | April 08, 2022 12:12 ISTIn its earlier policy review in February, the RBI had projected retail inflation to be at 4.5 per cent in 2022-23.
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Turkey's inflation hits 61 per cent; climbs to new 20-year high
World | April 04, 2022 15:30 ISTThe highest yearly price increase was in the transportation sector, at 99.12 percent, while the increase in food prices was 70.33 percent, according to the data released by the Turkish Statistical Institute.
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‘Mehngai Mukt Bharat Abhiyan’: Congress' new campaign over rising inflation, fuel price hike
India | March 26, 2022 16:56 ISTAttacking the BJP after petrol and diesel prices were increased for the fourth time in five days, the Congress had said that this "shameless fleecing" of the public must stop.
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Rahul Gandhi urges Centre to protect people, says 'inflation to rise further'
India | March 19, 2022 14:40 ISTEarlier this week, Congress leader had slammed Central govt over high inflation and reduced rates of fixed deposits and provident fund, and said the common people are facing the consequences of its "wrong policies."
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Fed begins inflation fight with key rate hike, more to come
World | March 17, 2022 8:43 ISTThe Fed's quarter-point hike in its key rate, which it had pinned near zero since the pandemic recession struck two years ago, marks the start of its effort to curb the high inflation that has followed the recovery from the recession. The rate hikes will eventually mean higher loan rates for many consumers and businesses.
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February WPI inflation rises to 13.11%; in double digits for 11th month
Business | March 14, 2022 14:57 ISTInflation in food articles, however, eased to 8.19 per cent in February from 10.33 per cent. Vegetable inflation was 26.93 per cent in February, against 38.45 per cent in the previous month.
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Pakistan opposition leaders submit no-confidence motion against PM Imran Khan
World | March 08, 2022 18:24 ISTImran Khan, 69, is heading a coalition government and he can be removed if some of the partners decide to switch sides, which is not unusual in parliamentary democracies.
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Russia Ukraine War: Key inflation gauge hit 6.1% in January, highest since 1982
World | February 25, 2022 21:31 ISTRobust consumer spending has combined with widespread product and worker shortages to create the highest inflation in four decades.
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UP Election: Akhilesh slams BJP over inflation, claims govt set to increase fuel price after polls
Elections | February 25, 2022 19:43 ISTAddressing an election meeting in Payagpur Vidhan Sabha constituency for party candidate Mukesh Srivastava, Akhilesh Yadav said the BJP government made diesel and petrol so costly that poor people are unable to drive their vehicles.
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Cash-starved Sri Lanka imposes power cuts as crisis deepens
World | February 22, 2022 19:05 ISTElectricity will be switched off on a rotating basis between regions between 4:30 pm and 10:30 pm, according to officials. The state-owned Ceylon Electricity Board had requested permission for the cuts as fuel shortages had caused the loss of 541 MW to the national grid.
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