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  Shine On: Investors rush to gold amid inflation fears

  Market | February 04, 2023 10:21 IST

  In the wake of recent economic uncertainty and a growing concern over inflation, many investors are turning to gold as a safe haven asset. With gold prices reaching new highs, demand for the precious metal has skyrocketed, as investors look to protect their wealth and ensure long-term stability.

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  Traders closely monitoring US inflation data, price of gold remains stable

  Market | January 28, 2023 12:46 IST

  Gold prices remained relatively stable on January 27th as traders closely monitored upcoming U.S. inflation data and the Federal Reserve's policy decisions. The release of strong U.S. GDP numbers has led to speculation that the Fed may need to keep interest rates higher for longer.

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  Ex-RBI chief says with 8-9% growth rate, India will take 20 years to become developed nation

  India | December 24, 2022 14:26 IST

  The former RBI chief noted that the per capita income will have to be at a minimum of USD 13,205 and the economy should have to maintain strong growth of between 8 to 9 per cent in order to achieve the goal.

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  Retail inflation falls to 11-month low of 5.88 per cent in November

  Business | December 12, 2022 18:57 IST

  Retail inflation: This is the first time in 11 months that the retail inflation print has come within the RBI's tolerance band of 4 (+/- 2) per cent. The consumer price index (CPI) based retail inflation was 6.77 per cent in October 2022, and 4.91 per cent in November last year.

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  On polling day, Gujarat witnesses symbolic protests as voters take gas cylinders, cow to booths

  Elections | December 01, 2022 19:11 IST

  Gujarat Assembly elections 2022: 56.88 per cent polling recorded in 1st phase voting in 89 constituencies.

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  Retail inflation falls to 6.77 pc in October: Govt data

  Business | November 14, 2022 17:53 IST

  The Consumer Price Index (CPI) based retail inflation has remained above the 6 per cent target since January this year.

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  Inflation print for October month likely to be lower than 7 per cent: RBI Governor Shaktikanta Das

  Business | November 12, 2022 16:44 IST

  Inflation rate in India: The rate-setting Monetary Policy Committee headed by the RBI Governor has been mandated by the government to keep inflation within 2-6 per cent range.

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  US employers hired briskly in October; unemployment rate still remains high

  World | November 04, 2022 23:01 IST

  The October jobs figures were the last major economic report before Election Day, with voters keenly focused on the state of the economy

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  Inflation hits new record high of 10.7% in Europe, slowing economy

  Business | October 31, 2022 16:48 IST

  Annual inflation reached 10.7 per cent in October, the European Union's statistics agency, Eurostat, reported. That is up from 9.9 per cent in September and the highest since statistics began to be compiled for the eurozone in 1997.

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  Coordinated policy efforts are required to check high inflation rate: RBI MPC member

  Business | October 28, 2022 11:24 IST

  Inflation Issue: RBI MPC member Bhide said the high inflation rate is mainly a consequence of exogenous price shocks.

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  UK inflation accelerates to 40-year-high amid food cost rise

  World | October 19, 2022 13:18 IST

  UK inflation: The rise increases expectations that the Bank of England will raise interest rates further and faster as it struggles to return inflation to its 2% target.

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  Wholesale Price Index inflation falls to 18-month low in September to 10.7 per cent

  Business | October 14, 2022 14:08 IST

  Business news: Inflation in food articles in September eased to 11.03 per cent, against 12.37 per cent in August.

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  Retail inflation spiked ninth time in a row; at 7.41 per cent in September

  Business | October 12, 2022 18:26 IST

  With inflation remaining above the 6 per cent level, RBI, now, will have to give a report to the central government giving reasons for failure to contain inflation at 4 per cent with a bias of 2 per cent on either side.

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  Finance Minsister Nirmala Sitharaman interacts with vegetable vendors in Chennai | Watch

  India | October 08, 2022 23:10 IST

  The Finance Minister interacted with the vendors and even bought vegetables from them. While interacting with the vendors she asked them about the difficulties they experienced.

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  Inflation may fall to 5.2 pc next fiscal on normal rains, ease in supplies sans no exogenous shocks

  Business | October 02, 2022 12:57 IST

  The Reserve Bank of India (RBI) expects retail inflation to come under control at 5.2 per cent in the next financial year beginning April, down from 6.7 per cent it has forecast for the current year.

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  WPI inflation eases to 12.41 per cent in August

  Business | September 14, 2022 13:25 IST

  Business news: The Wholesale Price Index-based inflation was 13.93 per cent in July and 11.64 per cent in August, 2021.

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  Retail inflation inches up to 7% in August on costlier food items

  Business | September 13, 2022 0:39 IST

  Inflation: According to the data, inflation in food basket was 7.62 per cent in August, up from 6.69 per cent in July and 3.11 per cent in August 2021.

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  European Central Bank makes largest-ever interest rate hike

  Business | September 08, 2022 19:05 IST

  ECB followed the US Federal Reserve and other central banks in a global stampede of rapid rate hikes meant to snuff out record inflation that is squeezing consumers and pushing Europe toward recession.

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  Finance ministry to kick-start budgetary exercise from October 10

  Business | September 08, 2022 15:10 IST

  The budget for the next year will be addressing critical issues of high inflation, job creation, boosting demand, and putting the economy on a sustained 8 percent-plus growth path.

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  RBI needs to be more synchronised to handle inflation: FM Sitharaman

  Business | September 08, 2022 12:46 IST

  Inflation management cannot be singularly left to the monetary policy, which has proved totally ineffective in many countries, Sitharaman said.