Inflation
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Inflation impact on Travel: Tourists continue to raid popular destinations even after price hike
Travel | June 17, 2022 17:46 ISTPeople's need to get away on vacations continues to stay strong even in the wake of high inflation and an anticipated global slowdown due to lockdowns in China as well as the ongoing conflict in Europe.
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RBI not behind curve; tolerance of high inflation was necessity: Shaktikanta Das
Business | June 17, 2022 16:18 ISTRBI Governor Shaktikanta Das said that the central bank in March felt that economic activity was above the pre-pandemic levels and decided to shift focus to curbing inflation.
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US market: Wall Street sinks as recession fears grow
Business | June 17, 2022 11:56 ISTThe Dow Jones Industrial Average lost 2.4% while the Nasdaq composite sank 4.1%.
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Will Federal Reserve go for big rate hike to fight inflation? Decision today
Business | June 15, 2022 12:59 ISTFederal Reserve Interest Rate Hike Decision: Federal Reserve chair Jerome Powell will announce the decision of a two-day policy meeting on Wednesday.
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WPI inflation rises to record high of 15.88% in May on costlier food items, crude oil
Business | June 14, 2022 13:40 ISTRising prices of food items and crude oil pushed the WPI inflation to a new high of 15.08 per cent in May.
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Bears tighten grip: Sensex falls over 1,400 points, Nifty below 15,800; investors lose Rs 6.50L cr
June 14, 2022 8:33 ISTEquity benchmarks had another rough day on Monday as Sensex crashed 1,457 points and Nifty tumbled more than 400 points to settle at 15,774.
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Investment by hedging: A safe bet to save money amid skyrocketing inflation - EXPLAINED
June 13, 2022 11:43 ISTWhen inflation remains above the tolerance level for a long time, it impacts the value of savings, thus decreasing the purchasing power of the money.
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US inflation hits 40-year high of 8.6% in May
Business | June 10, 2022 19:19 ISTHigh inflation has also forced the Federal Reserve into what will likely be the fastest series of interest rate hikes in three decades.
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Europe's central bank to hike interest rates in July amid inflation, 1st in 11 years
World | June 09, 2022 20:34 ISTThe surprise announcement Thursday will end an extended period of extremely low-interest rates and face complications from weakening prospects for economic growth.
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RBI raises inflation forecast to 6.7% for 2022-2023
Business | June 08, 2022 12:06 ISTRBI Governor Shaktikanta Das said the upside risk to inflation persists and the recent spike in tomato prices would fuel food inflation.
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Will RBI go for another repo rate hike to beat inflation? Experts speak
Business | June 07, 2022 13:54 ISTRBI had in May hiked the repo rate by 40 basis points (bps) to 4.40 per cent amidst rising inflation concerns. This was the first hike after August 2018.
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Prolonged high temperatures could worsen inflation, hurt growth: Moody's
Business | May 24, 2022 11:04 ISTA rise in prices across all items from fuel to vegetables and cooking oil pushed WPI or wholesale price inflation to a record high of 15.08 per cent in April and retail inflation to a nearly eight-year high of 7.79 per cent.
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UK inflation hits 40-year high of 9% amid Russia-Ukraine war
World | May 19, 2022 7:59 ISTFigures will increase pressure on govt to mitigate a cost-of-living crisis that economists forecast will produce the biggest drop in living standards since 1950s.
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Gyanvapi Mosque case: BJP has 'hate calendar' to bring up such issues until elections, says Akhilesh
India | May 18, 2022 7:25 ISTThe 3-day-long court-monitored videography survey of the Kashi Vishwanath Temple-Gyanvapi Mosque complex in Varanasi concluded on May 16.
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WPI inflation at record high of 15.08% in April on price rise across all items
Business | May 17, 2022 14:13 ISTThe WPI-based inflation was 14.55 per cent in March and 10.74 per cent in April last year.
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NCP takes dig at BJP on 8-year high retail inflation, says 'Achhe din term needs to be archived'
India | May 13, 2022 14:04 ISTIn a veiled attack on the JP Nadda-led party, NCP spokesperson Clyde Crasto also sarcastically said it needs to be seen who will be blamed for the same and what will be the new diversion to hide this "failure".
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Steps taken by RBI and govt to cut duration of high inflation: Finmin report
Business | May 12, 2022 19:12 ISTRBI in an off-cycle announcement earlier this month hiked the key repo rate -- at which it lends short term money to banks -- by 0.40 per cent to 4.40 per cent to tame inflation.
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India's retail inflation soars to 7.79%, higher than April last year
Business | May 12, 2022 18:06 ISTThe Consumer Price Index (CPI) inflation for April 2022 stands at 7.79%. In March, the figures for Consumer price-based inflation jumped to 6.95 per cent.
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How RBI rate hike will tame inflation? Explained
Business | May 05, 2022 17:11 ISTThe Reserve Bank of India in a surprise move on Wednesday (May 4) announced to hike the repo rate by 40 basis points to 4.40 per cent, the first hike since August 2018.
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Home, auto loans EMIs set to go up after RBI's unscheduled interest rate hike | Details
Business | May 04, 2022 17:21 ISTRBI Governor Shaktikanta Das said that all six members of the MPC unanimously voted for a rate hike to contain inflation that has remained stubbornly above the target of 6 per cent for the last three months.
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