Inflation
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Escalation of geopolitical tensions biggest risk to India's growth outlook: Jayanth Varma
Business | August 24, 2022 16:18 ISTVarma, in an interview to PTI, said that inflation and inflationary expectations appear to be moderating and high inflation will certainly not become the 'norm' in the country.
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Kejriwal attacks Centre over inflation, unemployment
India | August 22, 2022 12:20 ISTDelhi Chief Minister Arvind Kejriwal on Monday attacked the Centre over a host of issues, including inflation and unemployment, and wondered how will the nation progress like this.
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US inflation will likely stay high even as gas prices fall
World | August 11, 2022 10:07 ISTDue largely to falling gas prices, the government’s inflation report for July, to be released Wednesday morning, is expected to show that prices jumped 8.7% from a year earlier.
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RBI likely to hike policy rates tomorrow to check inflation
Business | August 04, 2022 23:32 ISTRBI rate hike: The Reserve Bank of India's rate-setting panel -- the Monetary Policy Committee -- is meeting to deliberate on the prevailing economic situation and announce its bi-monthly review on Friday.
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Walmart lays off 200 corporate employees amid rising inflation
Business | August 04, 2022 14:30 ISTWalmart news: The news of layoffs at Walmart came as after the company recently slashed its profit outlook due to inflation.
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No question of India getting into recession: Nirmala Sitharaman in Lok Sabha | 10 points
India | August 02, 2022 0:20 ISTNirmala Sitharaman on inflation: No question of India getting into stagflation or recession as macroeconomic fundamentals of the economy are strong, Sitharaman said while replying to the opposition's statements that India will also be in a condition being faced by Sri Lanka, Pakistan.
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ICICI Bank raises lending rate by 15 bps
Business | August 01, 2022 14:59 ISTThe rate hike comes ahead of the RBI's Monetary Policy Committee (MPC) meeting later this week. It is widely expected that the MPC would hike interest rates to tame high inflation.
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RBI likely to raise key policy rate by 25-35 bps to check inflation: Experts
Business | July 31, 2022 14:01 ISTThe Reserve Bank's rate-setting panel -- Monetary Policy Committee -- will meet on August 3 for three days to deliberate on the prevailing economic situation and announce its bi-monthly review on Friday.
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Inflation hits record 8.9% in 19 countries using the euro
Business | July 29, 2022 15:00 ISTAnnual inflation in the eurozone’s 19 countries rose to 8.9% in July, an increase from 8.6% in June, according to the latest numbers published Friday by the European Union statistics agency.
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Rahul targets PM Modi on issue of price rise, calls him 'King' who arrested MPs for asking questions
India | July 27, 2022 14:42 ISTRahul Gandhi slams PM: Twenty Rajya Sabha MPs have been suspended from the House for the rest of the week after they continued to disrupt proceedings to press for an immediate discussion on price rise and levy of GST on essential items.
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'Petrol prices hiked 78 times, diesel 76 times': Raghav Chadha takes on Centre outside Parliament
India | July 25, 2022 23:28 ISTRaghav Chadha, the Rajya Sabha MP also alleged that the voices of the Opposition are being suppressed in the Parliament.
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RSS weighs in on rising prices, says inflation needs to be given a serious thought
India | July 24, 2022 12:14 ISTNoting that Indian agricultural practices have been always ahead of the time, Dattatreya Hosabale, said students of agriculture must also learn about India's ancient knowledge systems that had the best traditional farming practices.
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Monsoon Session: LPG, price rise, unemployment top priority on Congress strategy to counter Centre
India | July 14, 2022 13:18 ISTMonsoon Session: Among other issues to be raised include unemployment, besides the falling value of the Rupee and the economic situation in the country. The party will seek a discussion in Parliament on the Chinese transgressions along the border in
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Retail inflation drops to 7.01% in June as compared to 7.04% in May: Govt
Business | July 12, 2022 18:46 ISTInflation update: The consumer price index (CPI) based inflation stood at 7.04 per cent in May and 6.26 per cent in June 2021.
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Government to release data on June retail inflation today
Business | July 12, 2022 14:34 ISTBusiness news: The retail inflation has remained above 6 per cent since January this year forcing the central bank to go for two back-to-back hikes in policy rates (repo).
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After terrible first half, 2022 may bring more bad news for US markets
July 02, 2022 23:20 ISTThe first six months were full of surprises: Inflation, the biggest selloff in bonds in four decades, a plunge in tech stocks rarely matched in history, and the implosion of crypto, the Wall Street Journal reported.
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Inflation in Italy surges to highest level in 36 years
World | July 02, 2022 22:22 ISTThe year-on-year increase was far higher than in May, when prices rose 6.8 percent, a level that was itself the highest one-month increase since Italy adopted the euro currency in 1999, Xinhua news agency quoted the ISTAT as saying in a report.
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High inflation globally to stay longer as war and sanctions take toll on economies: RBI report
Business | June 30, 2022 23:23 ISTThe global economic outlook is clouded by the ongoing war in Europe and the pace of monetary policy tightening by central banks in response to mounting inflationary pressures, Reserve Bank of India (RBI) report said.
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UK inflation rate hits new 40-year high of 9.1%
World | June 23, 2022 9:44 ISTThe increase was in line with analysts' expectations and signals no quick end to the cost-of-living squeeze facing millions in Britain.
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RBI Guv flags continued high inflation as 'a major concern': MPC minutes
Business | June 22, 2022 19:52 ISTThe six-member Monetary Policy Committee (MPC), headed by Das, had announced its decision on June 8. It was the second consecutive hike in repo rate.
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