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  Inflation no longer red-lettered; job creation, growth remain priorities: Sitharaman

  Business | September 07, 2022 20:24 IST

  Sithraman on inflation: Retail inflation touched a high of 7.79 per cent in April this year since then it is on a downward trajectory. According to official data, retail inflation softened to 6.71 per cent in July due to moderation in food prices but remained above the Reserve Bank's comfort level.

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  Benchmark indices fall in early trade amid weak global markets

  Market | September 07, 2022 10:39 IST

  From the Sensex pack, IndusInd Bank, Bharti Airtel, HCL Technologies, Axis Bank, Tech Mahindra, Kotak Mahindra Bank, HDFC, Infosys, HDFC Bank, and Reliance Industries were major laggards in early trade.

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  IMF provisionally agrees on USD 2.9 billion loan for crisis-hit Sri Lanka

  World | September 01, 2022 12:59 IST

  IMF staff and the Sri Lankan authorities have reached a staff-level agreement to support Sri Lanka’s economic policies with a 48-month arrangement under the Extended Fund Facility (EFF) of about 2.9 billion US dollars.

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  Escalation of geopolitical tensions biggest risk to India's growth outlook: Jayanth Varma

  Business | August 24, 2022 16:18 IST

  Varma, 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 IST

  Delhi 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 IST

  Due 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 IST

  RBI 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 IST

  Walmart 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 IST

  Nirmala 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 IST

  The 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 IST

  The 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 IST

  Annual 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 IST

  Rahul 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 IST

  Raghav 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 IST

  Noting 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 IST

  Monsoon 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 IST

  Inflation 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 IST

  Business 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

  Market | July 02, 2022 23:20 IST

  The 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 IST

  The 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.