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  Govt to sell additional 50 lakh tons wheat, 25 lakh tons rice in open market to contain price rise

  Business | August 09, 2023 16:55 IST

  The government has decided to offload 50 lakh tonnes of wheat and 25 lakh tonnes of rice under the Open Market Sale Scheme (OMSS).

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  US Federal Reserve raises interest rates to 22-year high, continues to fight inflation

  Business | July 27, 2023 8:35 IST

  This is the eleventh rate increment since the Fed started its expansion battle in March 2022 and comes only one month after the national bank hit 'stop' to survey the condition of the economy after the disappointments of three provincial banks since the spring, according to Fox Business.

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  'Harmful globally': IMF 'encourages' India to lift export restrictions on certain category of rice

  World | July 26, 2023 9:51 IST

  The IMF's statement comes after non-basmati white rice exports were outlawed by the Indian government on July 20 in an effort to increase domestic supplies and regulate retail prices during the upcoming festive season.

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  Pakistan: Nationwide strike by petroleum dealers to begin tomorrow, petrol pumps to be shut down

  World | July 21, 2023 17:49 IST

  The strike comes amid high inflation and a weakening Pakistani currency in the market, which has heavily impacted the businesses of petrol pump operators.

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  Retail inflation rises to 3-month high in June on rising prices of kitchen essentials

  Business | July 12, 2023 23:49 IST

  The Index of Industrial Production (IIP), which reflects the country's factory output, rose to 5.2 per cent in May from 4.5 per cent in April 2023, mainly due to good performance by the manufacturing and mining sectors.

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  Monetary Policy Committee: 'Fight against inflation not over, job only half done,' says RBI Governor

  Business | June 22, 2023 19:49 IST

  For the second time in a row, the RBI decided unanimously to maintain the repo rate at 6.5%. The interest rate at which the RBI lends to other banks is known as the repo rate.

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  WPI inflation declines to 3-year low in May

  Business | June 14, 2023 13:16 IST

  Inflation in food articles eased to 1.51 per cent in May, against 3.54 per cent in April.

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  Govt imposes stockholding limits on wheat till March 2024 to contain rising prices

  Business | June 12, 2023 19:05 IST

  The stock limit has been imposed on traders, wholesalers, retailers, big chain retailers and processors till March 31, 2024.

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  RBI lowers India's 2023-24 inflation forecast to 5.1 per cent | Here are details

  Business | June 08, 2023 17:21 IST

  RBI on inflation: India's headline inflation has come down during March-April 2023 to 4.7 per cent in April, the lowest since November 2021.

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  Pakistan continues to reel under inflation, records high 38% in May this year

  World | June 03, 2023 7:15 IST

  The inflationary surge, which escalated from the previous month's rate of 36.4 percent, can largely be attributed to an unprecedented increase in food prices.

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  WPI inflation eases to 34-month low of (-) 0.92 pc in April

  Business | May 15, 2023 12:59 IST

  Inflation in food articles too eased to 3.54 per cent in April, against 5.48 per cent in March.

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  Retail inflation slips to 4.7% in April from 5.66% in March, lowest since Oct 2021

  Business | May 12, 2023 19:11 IST

  The retail inflation in the country has slipped to 4.7 per cent in April from 5.66 per cent in March, a government data informed on Friday.

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  'Pakistan's inflation is projected to rise to 29.5 percent in FY23' claims World Bank

  World | April 15, 2023 21:56 IST

  Pakistan: The World Bank has claimed that the inflation rate in Pakistan can rise to 29.5 percent in the fiscal year 2023.

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  Retail inflation drops to 5.66% in March from 6.44% in February

  Business | April 12, 2023 18:09 IST

  The retail inflation has dropped to 5.66 per cent in March from 6.44 per cent in February.

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  IMF massively cuts Pak economic growth projection, forecasts over 20% inflation for next 2 years

  World | April 12, 2023 17:24 IST

  Facing the brunt of the economic crisis, Pakistan is witnessing power, food, and fuel shortage further adding to the vows of the people.

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  Pakistan records highest inflation rate in past 53 years; crosses 36 pc mark

  World | April 01, 2023 19:27 IST

  According to local media reports, Dawn, the figure indicates that inflation has soared nearly three times in the past year.

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  Retail inflation drops marginally to 6.44 per cent in February

  Business | March 13, 2023 18:40 IST

  The drop in inflation rate based on the Consumer Price Index (CPI) from 6.52 per cent in January to 6.07 per cent in February 2022 will provide marginal relief to consumers.

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  LPG cylinder prices increased- domestic rate hiked by Rs 50, commercial by Rs 350 in Delhi- DETAILS

  Business | March 01, 2023 10:10 IST

  The hike in the rate of domestic LPG cylinder will further hurt the common man who is already struggling due to the price-hike of almost every item.

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  Gold and silver prices dip ahead of key US inflation report

  Market | February 14, 2023 10:22 IST

  Midday trading in the U.S. has seen a decrease in gold and silver prices, with silver hitting its lowest point in 2.5 months and gold reaching a five-week bottom. The recent decline in technical outlook for both metals has triggered some selling pressure.

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  Retail inflation rises to 3-month high of 6.52 per cent in January, says Govt data

  Business | February 13, 2023 22:29 IST

  Inflation: The retail inflation rose to a 3-month high of 6.52 per cent in January, the government data showed on Monday.