Inflation
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Retail inflation drops marginally to 6.44 per cent in February
Business | Mar 13, 2023, 06:40 PM ISTThe 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 | Mar 01, 2023, 10:10 AM ISTThe 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 | Feb 14, 2023, 10:22 AM ISTMidday 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 | Feb 13, 2023, 10:29 PM ISTInflation: The retail inflation rose to a 3-month high of 6.52 per cent in January, the government data showed on Monday.
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Shine On: Investors rush to gold amid inflation fears
Market | Feb 04, 2023, 10:21 AM ISTIn 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 | Jan 28, 2023, 12:46 PM ISTGold 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 | Dec 24, 2022, 02:26 PM ISTThe 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 | Dec 12, 2022, 06:57 PM ISTRetail 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 | Dec 01, 2022, 07:11 PM ISTGujarat 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 | Nov 14, 2022, 05:53 PM ISTThe 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 | Nov 12, 2022, 04:44 PM ISTInflation 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 | Nov 04, 2022, 11:01 PM ISTThe 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 | Oct 31, 2022, 04:48 PM ISTAnnual 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 | Oct 28, 2022, 11:24 AM ISTInflation 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 | Oct 19, 2022, 01:18 PM ISTUK 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 | Oct 14, 2022, 02:08 PM ISTBusiness 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 | Oct 12, 2022, 06:26 PM ISTWith 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 | Oct 08, 2022, 11:10 PM ISTThe 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 | Oct 02, 2022, 12:57 PM ISTThe 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 | Sep 14, 2022, 01:25 PM ISTBusiness news: The Wholesale Price Index-based inflation was 13.93 per cent in July and 11.64 per cent in August, 2021.