Inflation

India’s sowing of kharif crops on course despite concerns over monsoon

Sowing of crops during the Kharif season, which begins in June, is expected to be normal even as concerns over…

1 year ago

Beating expectations India grows at 7.2% in 2022-23, records higher growth rate than China for 2 consecutive years

India’s economy grew at 7.2 per cent in 2022-23 driven by an expansion in the services sector and investments. Beating…

1 year ago

India may not be severely impacted even if US defaults, RBI closely monitoring situation

The Reserve Bank of India (RBI) is closely monitoring the developments in the US, which could default in about a…

2 years ago

Pakistan’s misery continues as IMF goes micro, links loan with deep cleansing of economy

The Shehbaz Sharif government, which has not managed to reach an agreement with the International Monetary Fund (IMF) yet for…

2 years ago

Russia announces further reduction of energy exports to Europe, causing worries for EU nations

The European Union, hit by surging prices, is likely to push back against further expansion of sanctions against Russia, though…

2 years ago

Pakistan’s brain drain turns alarming as educated queue up to leave

As Pakistan battles multiple crises –economic, political and security—all in one go, citizens are getting desperate to leave the country.…

2 years ago

With inflation easing, should RBI now focus on India’s growth story?

With retail inflation finally slipping below the Reserve Bank of India’s threshold of 6 per cent to 5.66 per cent…

2 years ago

RBI pauses hike in key policy rate bringing cheer to industry

The Reserve Bank of India’s (RBI) surprise move to keep interest rates unchanged at 6.5 per cent has brought cheer…

2 years ago

Indian is still among world’s fastest growing economies, says World Bank

Notwithstanding the external risks, India’s growth continues to be resilient, the World Bank in its latest India Development Update has…

2 years ago

Inflation in Pakistan reaches all time high of 46%

Short-term inflation, measured by the Sensitive Price Index (SPI), reached an all-time high of 46.65 per cent year-on-year for the…

2 years ago

US Fed, undaunted by recent banking problems, raises interest rate

Washington: The US Federal Reserve on Wednesday raised interest rate by 25 basis points, which is modest compared to previous…

2 years ago

What’s in store for Pak PM Shehbaz Sharif after steep price hike?

For Pakistan Prime Minister Shehbaz Sharif, troubles do not seem to be ending. As his government is trying to do…

2 years ago

Pakistanis face prospects of hunger as Sharif bows to IMF, hikes fuel prices

Hunger levels in Pakistan will further rise in the coming months. As the Shehbaz Sharif government thrashed out a harsh…

2 years ago

India’s WPI inflation falls to 4.73%, lowest in 23 months

India’s annual inflation rate based on wholesale price index (WPI) fell to 4.73 per cent in January – lowest in…

2 years ago

India’s economy has recovered from Covid and is poised to do better, says CEA

The recovery of the Indian economy from the Covid pandemic is complete and the country’s GDP growth is now poised…

2 years ago

Economic Survey pegs India’s GDP growth at 6 to 6.8% for 2023-24

The Economic Survey tabled in Parliament by Finance Minister Nirmala Sitharaman today has pegged India’s GDP growth rate for 2023-24…

2 years ago

Lahore petrol station set on fire as fuel price hike hits common people in Pakistan

A petrol station in Lahore has been set on fire as hike in fuel prices takes its toll on common…

2 years ago

US auto loan crisis raises alarm as borrowers may default

A crisis-like situation is brewing in the US with auto loan credit demand declining rapidly and the delinquency figure touching…

2 years ago

India’s food inflation amongst lowest in the world

Amid the rising global challenges impacting the food sector the most, India’s food inflation in December fell to 4.19 per…

2 years ago

India becomes Russia’s key oil export market as fallout of Ukraine war

As the year 2022 came to a close, India became the main outlet for Russian seaborne Urals. According to Hellenic…

2 years ago

RBI hikes rates, reduces GDP growth forecast

The Reserve Bank of India (RBI) today hiked the repo rate – the rate at which banks borrow from the…

2 years ago