Inflation
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Wholesale price inflation declines to 0.27 per cent in January
Business | February 14, 2024 12:42 ISTFood 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.
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RBI keeps repo rate unchanged at 6.50 per cent for sixth time in a row
Business | February 08, 2024 12:21 ISTThe monetary policy committe led by Shaktikanta Das has kept the repo rates unchanged at 6.50 per cent.
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RBI Monetary Policy Meeting: Will Shaktikanta Das-led MPC keep repo rate stance unchanged?
Business | February 08, 2024 7:21 ISTThe 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.
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Budget 2024: Average real income 50 per cent higher, inflation moderated, says Nirmala Sitharaman
Business | February 01, 2024 13:05 ISTThe finance minister attributed the moderated inflation levels to good macroeconomic stability and robust investments.
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Inflation moderating, moving towards 4 per cent target: RBI Governor Shaktikanta Das
Business | January 17, 2024 18:28 ISTSpeaking 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.
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Budget 2024: Key terms you should know before the announcement
Budget | February 01, 2024 10:27 ISTUnion Budget 2024: The budget is expected to include various financial indicators, including inflation, fiscal deficits, capital expenditures, revenue receipts, bad loans, and more.
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Wholesale inflation increases to 0.73 per cent in December on rising food prices
Business | January 15, 2024 13:15 ISTThe 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.
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Retail inflation edges up to 4-month high of 5.69 per cent in December
Business | January 12, 2024 18:30 ISTFood 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.
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Cuba announces 500 per cent increase in fuel prices as it struggles with worsening economic crisis
World | January 10, 2024 12:39 ISTFinance 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.
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December sees drop in home-cooked meal prices following sharp decline in onion prices
Business | January 08, 2024 21:53 ISTAccording 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.
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Retail inflation rises to three-month high of 5.55 per cent in November
Business | December 12, 2023 18:51 ISTThe Reserve Bank of India has been tasked by the government to ensure retail inflation remains at 4 per cent with a margin of 2 per cent on either side.
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Want to achieve financial freedom? Know stealth principles of building wealth
Business | November 26, 2023 23:24 ISTBuilding wealth through investments is a challenging yet rewarding goal. Stealth wealth, characterized by maintaining financial privacy, is gaining popularity.
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Javier Milei: Five things you want to know about the new 'shock therapist' Argentinian President
World | December 13, 2023 11:02 ISTKnown as the 'Donald Trump of Argentina', Milei proposed a series of dramatic changes as the country reels from a worsening economic crisis with rising inflation. He won the elections by garnering close to 56% of the total votes, defeating his rival Sergio Massa, the economy minister.
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Far-right outsider Javier Milei wins Argentina's presidential elections after fierce campaign
World | November 20, 2023 7:45 ISTA political outsider, Milei's campaign was based on aggressive rhetoric and promises of dramatic changes that drew parallels with former US President Donald Trump. The elections came at a time when Argentina is suffering from record-high levels of inflation and poverty.
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Rajasthan Election Chunav Manch: Heated exchange between Sudhanshu Trivedi, Pratap Khachariyawa
Rajasthan | November 16, 2023 23:31 ISTRajasthan Assembly election 2023 chunav mach: Trivedi pointed out the challenges faced by the state, emphasising issues such as increasing crimes against women and the alleged leak of sensitive information.
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India's October retail inflation eases to 4.87 per cent from September's 5.02 per cent: Govt data
Business | November 14, 2023 0:03 ISTThe data's release is closely monitored by economists, policymakers, and the public as it provides insights into changes in the cost of living and purchasing power for citizens.
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Believe it or not: Domestic cylinder costs over Rs 3,000 in Pakistan amid inflation
World | October 04, 2023 14:02 ISTIn September, Pakistan experienced its first inflation increase in four months, driven by government-mandated fuel price hikes aligned with IMF conditions for a $3 billion bailout program.
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Pakistan: Caretaker govt under fire after fuel prices reach record-high levels
World | September 17, 2023 11:40 ISTPakistan's Finance Ministry on Friday announced a price hike of petrol by Rs 26.02 and diesel by Rs 17.34 per litre following clearance from the interim PM.
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Pakistan: Fuel prices at all time high after government announces another hike
World | September 16, 2023 23:55 ISTThe fuel price hike comes on the heels of over 27.4 per cent increase in the rate of inflation in August, putting an unbearable burden on the masses, as petrol and HSD are used by all private and public service vehicles.
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Fitch retains India's FY2024 growth forecast at 6.3%, raises year-end inflation projection
Business | September 14, 2023 21:54 ISTIndia's economy experienced robust growth of 7.8% in the April-June quarter of the current fiscal year, driven by strong activity in the services sector and robust demand.
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