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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 IST

  RBI 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 IST

  The 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 IST

  According 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 IST

  Known 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 IST

  A 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 IST

  WPI 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 IST

  The 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 IST

  In 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 IST

  The 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 IST

  Attacking 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 IST

  Earlier 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 IST

  The 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 IST

  Inflation 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 IST

  Imran 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 IST

  Robust 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 IST

  Addressing 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 IST

  Electricity 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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  Momentum of inflation on downward slope, says RBI Governor

  Business | February 14, 2022 16:54 IST

  The RBI takes into account a particular range within which crude prices are expected to fluctuate considering all the factors that can be anticipated and that can be sort of foreseen as of today.

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  EXPLAINER: Why US inflation is so high, and when it may ease

  World | February 11, 2022 15:45 IST

  For the 12 months ending in January, inflation amounted to 7.5% — the fastest year-over-year pace since 1982 — the Labor Department said Thursday. Even if you toss out volatile food and energy prices, so-called core inflation jumped 6% over the past year. That was also the sharpest such jump in four decades.

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  Govt contained retail inflation at 6.2% despite biggest contraction in economy: Nirmala Sitharaman

  Business | February 11, 2022 11:59 IST

  Replying to a general discussion on the Union Budget in Rajya Sabha, the minister said, the Budget for 2022-23 fiscal year, stands for continuity, brings stability to the economy along with predictability of taxation.