Inflation

World Bank pegs India’s growth rate at 6.9%, up from the earlier 6.5%

The World Bank has revised India's 2022-23 GDP growth forecast upward to 6.9 per cent from the earlier estimate of…

2 years ago

Modinomics is working for India as economies slow worldwide

India’s continued focus on reforms and infrastructure development has enabled the country to strengthen its economic fundamentals and push GDP…

2 years ago

Pakistan society has become inherently intolerant: former FM

Miftah Ismail, Pakistan’s former Finance Minister who resigned recently, said that in the last 75 years, the country has “built…

2 years ago

Inflation expected to ease as global oil prices dip, focus is now on growth

India is expected to shift its focus back on economic growth even as inflation inched upward touching the uncomfortable 7…

2 years ago

Has IMF’s war on fuel subsidies pushed Sheikh Hasina of Bangladesh in a tight spot?

<p> <strong>Bangladesh’s sudden decision to hike fuel prices by about 50 per cent at one stroke– the highest since independence…

2 years ago

Sri Lanka’s economic crisis won’t end anytime soon despite talks with IMF

<p> <strong>Sri Lanka’s unprecedented economic crisis will not end anytime soon. While talks have resumed between Colombo and the International…

2 years ago

PC shipments, chip sales growth face record slump this year: Report

<p> <strong>Global semiconductor revenue is projected to slow down to 7.4 per cent this year, down from 2021 growth of…

2 years ago

For the first time in over 10 years, ECB hikes interest rate to tackle soaring inflation

<p> <strong>Amid soaring inflation in the Euro area, the European Central Bank (ECB) raised interest rates. This is the first…

2 years ago

Intense heatwave in Europe could dent crop yields, could further lead to food shortage

<p> <strong>The severe heatwave in Europe could dent crop production at a time when the continent is already reeling under…

2 years ago

IMF agrees to revive stalled bailout package but will it be enough to revive Pakistan’s sick economy?

<p> <strong>After weeks of hectic negotiations, the International Monetary Fund (IMF) has finally agreed to provide $1.17 billion to cash…

2 years ago

EU’s largest economy, Germany is likely to slip into recession

<p> <strong>For many in Germany, a warm water bath could soon become a luxury. One of the country’s main port…

2 years ago

Euro, the EU currency is likely to keep losing sheen amid Ukraine war

<p> <strong>Your travel to Europe for work or holiday could be cheaper now as the Euro continues to lose its…

2 years ago

EU reeling under high inflation as Ukraine war takes its toll

<p> <strong>Inflation in the European Union is inching upward to record levels driven by high food and fuel prices. Though…

2 years ago

Onion farmers worried over a possible export ban as prices rise

<p> <strong>Concerns among farmers growing onions are rising as retail prices of this essential kitchen ingredient have soared in the…

2 years ago

Get ready to pay higher EMIs on home & car loans as RBI hikes repo rate by 0.5%

<p> <strong>Your home and car loans would turn dearer as the Reserve Bank of India (RBI) on Wednesday raised the…

2 years ago

Hasty, ill-designed sanctions on Russia have boomeranged– Should Washington think of Plan-B?

<p> <strong>The world is reeling under soaring inflation driven by skyrocketing food and energy prices. Inflation in the European Union,…

2 years ago

Indian economy on the mend but policymakers need to be watchful amid high crude prices

<p> <strong>India’s economy is on the mend in the post Covid phase.</strong></p> <p> <strong>According to data, credit growth in the…

2 years ago

With an eye on inflation, govt bans exports of sugar, makes imports cheaper for crude soybean and sunflower oil

<p> <strong>India has decided to focus on cooling inflation, driven in large measure by the Russia-Ukraine war. After imposing a…

3 years ago

After drop in petrol and diesel prices, will GST and direct tax collections be enough to make up for the loss to the exchequer?

<p> <strong>The Centre, which finally drastically slashed domestic fuel prices, is hoping to make up a part of the losses…

3 years ago

As inflation rises, India bans wheat exports

<p> <strong>India has decided to ban exports of wheat with immediate effect on Saturday after retail inflation soared to 7.79…

3 years ago

With an eye on inflation, RBI unexpectedly increases policy rates, repo rate now at 4.4%

<p> <strong>Amid increasing inflation, the Reserve Bank of India unexpectedly hiked policy rates by 40 basis points to 4.4 per…

3 years ago