• 

  Dollar hits fresh 34-year high against Yen amid US inflation surge

  Business | April 29, 2024 15:05 IST

  Despite the potential for intervention, analysts remain doubtful about its effectiveness. Tapas Strickland from the National Australia Bank highlighted that macroeconomic fundamentals do not currently support a significant shift towards a hawkish monetary stance.

• 

  Whirlpool implements 1,000 job cuts amidst stagnant US appliance demand

  Business | April 25, 2024 9:30 IST

  Whirlpool, the parent company of household appliance brands Maytag and Amana, is initiating a workforce reduction of approximately 1,000 salaried positions globally due to sluggish demand in the US home appliance market.

• 

  RBI April's Bulletin claims extreme weather may pose risk to inflation across country

  Business | April 23, 2024 19:28 IST

  The Reserve Bank, which mainly factors in CPI while arriving at its bi-monthly monetary policy, has kept the key interest rate unchanged at 6.5 per cent since February 2023, citing concerns on the inflation front.

• 

  'PM talks about religion during elections, people make mistake and vote,' says Priyanka Gandhi Vadra

  India | April 21, 2024 21:29 IST

  Priyanka Gandhi Vadra in an exclusive conversation with India TV targeted the BJP-led government at the Centre saying it doesn't talk about jobs, price rise and tries to divert attention by talking about religion during elections.

• 

  India's retail inflation eases to 5-month low of 4.85 per cent in March

  Business | April 12, 2024 19:21 IST

  India's retail inflation eases to 5-month low of 4.85 per cent in March. The central bank has projected retail inflation at 4.5 per cent for the current fiscal assuming a normal monsoon.

• 

  'Prices change faster than dates': Pakistanis dismayed by soaring prices ahead of Ramadan I VIDEO

  World | April 07, 2024 13:19 IST

  Pakistan has been reeling under massive economic woes, with the inflation rate hitting a peak of 38 per cent. This has affected the shopping for Ramadan, where people complain of difficulties in purchasing even simple clothes for their kids.

• 

  US Federal Reserve indicates three interest rate cuts in 2024 | How it impacted Indian stock market?

  Business | March 21, 2024 13:03 IST

  The projections shared by the US Federal Reserve indicated the continuation of strong economic growth despite inflation remaining 'inflated'. This step caused global stocks to rally on Thursday, while the Indian rupee showed gains of 14 paise in the morning.

• 

  IMF reaches agreement with Pakistan on releasing last tranche of $3 billion bailout package

  World | March 20, 2024 13:12 IST

  Despite Pakistan showing improvement in some areas, the IMF predicted that the country's economic growth remains modest and inflation was above target. The IMF Executive Board had approved the $3 billion Stand-By Arrangement (SBA) for the cash-strapped Pakistan last year.

• 

  Biden says US has lowest inflation rate of 'any country in America' in latest gaffe | WATCH

  World | March 14, 2024 11:08 IST

  The 81-year-old president has raised concerns after a series of verbal mixups, at times confusing the names of world leaders during his tenure at the White House. Recently, a damaging special counsel report claimed he had forgotten when his son Beau died of cancer.

• 

  Pakistan: Ishaq Dar becomes Foreign Minister as Shehbaz Sharif's 19-member Cabinet sworn in

  World | March 12, 2024 12:33 IST

  A Kashmiri-origin chartered accountant, Ishaq Dar has served as Pakistan's Finance Minister four times, the latest under Shehbaz Sharif till 2023. He has the critical task of mending bilateral relations with neighbours India and Afghanistan, which are now at their lowest.

• 

  Wholesale price inflation declines to 0.27 per cent in January

  Business | February 14, 2024 12:42 IST

  Food inflation fell to 6.85 per cent in January, down from 9.38 per cent in December 2023, while inflation in vegetables decreased to 19.71 per cent.

Advertisement
• 

  RBI keeps repo rate unchanged at 6.50 per cent for sixth time in a row

  Business | February 08, 2024 12:21 IST

  The monetary policy committe led by Shaktikanta Das has kept the repo rates unchanged at 6.50 per cent.

• 

  RBI Monetary Policy Meeting: Will Shaktikanta Das-led MPC keep repo rate stance unchanged?

  Business | February 08, 2024 7:21 IST

  The RBI has kept the repo rate steady at 6.50 per cent over the past year, last raising it in February 2023 from 6.25 per cent.

• 

  Budget 2024: Average real income 50 per cent higher, inflation moderated, says Nirmala Sitharaman

  Business | February 01, 2024 13:05 IST

  The finance minister attributed the moderated inflation levels to good macroeconomic stability and robust investments.

• 

  Inflation moderating, moving towards 4 per cent target: RBI Governor Shaktikanta Das

  Business | January 17, 2024 18:28 IST

  Speaking at the World Economic Forum annual meeting in Davos, the governor expressed confidence in the effectiveness of monetary policy, stating that core inflation has been steadily decreasing.

• 

  Budget 2024: Key terms you should know before the announcement

  Budget | February 01, 2024 10:27 IST

  Union Budget 2024: The budget is expected to include various financial indicators, including inflation, fiscal deficits, capital expenditures, revenue receipts, bad loans, and more.

• 

  Wholesale inflation increases to 0.73 per cent in December on rising food prices

  Business | January 15, 2024 13:15 IST

  The positive inflation rate in December is attributed to higher prices of food articles, machinery and equipment, other manufacturing goods, other transport equipment, and computer, electronics, and optical products, among others.

• 

  Retail inflation edges up to 4-month high of 5.69 per cent in December

  Business | January 12, 2024 18:30 IST

  Food inflation, which constitutes nearly half of the overall consumer price basket, increased to 9.53 per cent in December, up from 8.70 per cent in November.

• 

  Cuba announces 500 per cent increase in fuel prices as it struggles with worsening economic crisis

  World | January 10, 2024 12:39 IST

  Finance minister Vladimir Regueiro said the cost of diesel and other types of fuel would face similar mark-ups, while also increasing electricity and natural gas prices. The Cuban government would also open 29 new petrol stations that will solely accept payment in US dollars.

• 

  December sees drop in home-cooked meal prices following sharp decline in onion prices

  Business | January 08, 2024 21:53 IST

  According to the the report the cost of a vegetarian (veg) thali fell by 3 per cent to Rs 29.7, while a non-vegetarian (non-veg) thali dropped by 5 per cent to Rs 57.6 during the same period.