inflation

The Ipsos "What Worries the World" survey for June said 69 percent of Indians surveyed believe their country is moving in the right direction, with 79 percent in Singapore and 70 percent in Indonesia sharing the same sentiment. Expressed. This is in sharp contrast to the global average, where...

New Delhi [India], The US Federal Reserve, at its last meeting, noted a lack of significant progress towards achieving the 2 percent inflation target, although it added that there had been modest improvements in recent months, such as is highlighted in the Federal Reserve's policy minutes. ...

Mumbai, Nearly simultaneous tariff hikes of over 20 per cent by the country's top three telecom companies will raise core inflation by 0.20 per cent in FY25, a foreign brokerage said on Wednesday.Analysts at Deutsche Bank also raised their core inflation, or price growth, excluding food and...

Islamabad [Pakistan], Pakistan, on Monday announced an annual inflation rate of 23.41 percent for the financial year 2023-24, three percent lower than the target rate of 21 percent. Experts believe that this rampant and continuous rise in the inflation rate is due to a rise in the prices of...

Nomura expects India's consumer price index to decline from 5.7 per cent at the end of FY2024 to 4.8 per cent in the first quarter of the current financial year (FY25), giving the low, underlying inflation a global context of "sticky inflation". Describes an extraordinary situation. ,According...

Finance Minister Abul Hasan Mahmood Ali presented the annual budget of Prime Minister Sheikh Hasina's government before Parliament.According to the report of Xinhua news agency, the Parliament passed the budget unanimously by voice vote with some adjustments on the last working day of the...

In New Delhi, the Indian economy is poised for a potentially stable phase of high growth and is also in a strong position in the context of the significant risks facing the country, Shashanka Bhide, member of the monetary policy committee of the RBI.Bhide further said that with income growth...

Mumbai (Maharashtra) [India], The stock market opened flat on Friday with a slight decline, after an all-time high close in the previous session.The Sensex started the day 94.13 points lower at 78,580.12, while the Nifty fell 19.25 points to open at 23,849.55. Market sentiment was affected by...

New Delhi, India's economy will grow more than 7 percent, even closer to 7.5 percent, in the current fiscal year thanks to expectations of an above-normal monsoon and the absence of known global risks so far. the moment, economic think tank NCAER said in its report. Monthly review.He said...

Mumbai, amid a debate over possible disenchantment among farmers due to political focus on stopping price rise, RBI Governor Shaktikanta Das on Tuesday said lower inflation is also beneficial for farmers.Policymakers always struggle with the dilemma of balancing multiple objectives, and...

In Mumbai, Reserve Bank Governor Shaktikanta Das said on Tuesday that high interest rates are not impeding growth and made it clear that monetary policy will "unambiguously" focus on reducing inflation in the future.The country is on the threshold of a "major structural change" in its growth...

Mumbai, Like the post-pandemic recovery, the Indian inflation story is also "K-shaped" and is hurting certain sectors more than others, a foreign brokerage said on Tuesday.Rural consumers are more affected by the price rise than their urban counterparts, HSBC economists said, adding that it...

New Delhi: With retail inflation nearing the RBI's 4 per cent target, monetary policy should focus on promoting growth, RBI MPC member Jayanth R Varma said on Monday.Varma further said that CPI inflation in 2024-25 is projected to be only around 0.5 percentage points above the target, and core...

New Delhi [India]: Retail inflation for agricultural laborers (CPI-AL) and rural workers (CPI-RL) remained virtually unchanged at 7 per cent and 7.02 per cent respectively in May 2024, according to data released by the Labor Ministry. & employment. A month ago, CPI-AL and CPI-RL were 7.03...

Islamabad [Pakistan], Sensitive Price Index (SPI)-based inflation marked its fourth consecutive weekly rise, mainly attributed to a rise in vegetable prices, according to official data released, Dawn reported.During the week ending June 20, year-on-year SPI-based inflation rose sharply by...

New Delhi: The Samyukt Kisan Morcha (SKM) on Friday accused the Center of mocking farmers by announcing an increase in MSP that is only five to seven per cent more than what was declared last year.Addressing a virtual press conference, SKM leaders said the increase is nowhere near the minimum...

In Mumbai, persistent food prices are responsible for the slow pace of decline in overall retail inflation, Reserve Bank of India (RBI) Governor Shaktikanta Das argued as he voted for a status quo in the policy rates during the MPC meeting earlier this month, according to the minutes published...

Mumbai (Maharashtra) [India], Minutes of the Monetary Policy Committee (MPC) of the Reserve Bank of India, released on Friday, said the committee emphasized on removing accommodation to ensure that inflation progressively aligns with the medium-term goal of 4 percent, while continuing to support...

Mumbai: Reserve Bank of India (RBI) Governor Shaktikanta Das, who voted for the stance of policy rates earlier this month, said in the MPC minutes released on Friday that stubborn food prices are responsible for the slow pace of decline in overall retail inflation. .The Monetary Policy...

New Delhi: Retail inflation for agricultural laborers and rural workers remained almost stable in May at 7 per cent and 7.02 per cent respectively, compared to the two comparable figures of 7.03 per cent and 6.96 per cent a month ago.A statement from the Labor Ministry said the corresponding...