Tag: inflation

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Posted in Economy

RBI may increase rates by 0.25 pc in Oct policy amid inflationary pressures, experts poll shows

Mumbai: The Reserve Bank of India (RBI) is likely to increase the repo rate by 0.25 per cent in the October monetary policy review due…

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Men walk past a screen displaying market results outside the Bombay Stock Exchange (BSE) in Mumbai. (REUTERS)
Posted in Business

Sensex, Nifty open positive day after bloodbath driven by rising crude, Middle East tensions

The Nifty 50 rose 0.16 per cent to 23,099.55 and Sensex also saw a hike of 0.18 per cent to 73,627.13 points as markets opened…

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The rate-hike concerns have intensified over the past month as a sustained rise in global oil prices threatens to add to inflation pressures, with Brent crude futures near $108 a barrel. (File Photo for Representation)
Posted in Business

Retail inflation rises to 4.82% in August from 4.45% in July

India’s annual retail inflation jumped to 4.82% in August from 4.45% in July, driven by higher food and fuel prices and strengthening a case for…

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Posted in Economy

RBI should hike rate by 25 bps in October to counter external shocks: Report

New Delhi: The Reserve Bank should raise the benchmark interest rate by 25 basis points next month and again in December as a countermeasure to…

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The world is a long way from the pain of four years ago, but the diagnosis is not promising. (Unsplash)
Posted in Business

Inflation is back around the world—as is the fight against it

WHO REMEMBERS the “soft landing”? In 2022-23 central bankers dreamed of bringing high inflation down without triggering a recession. Some countries came awfully close to…

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India’s central bank withdraws over 6 trillion rupees of bank liquidity after record spike

MUMBAI: The Indian central bank absorbed more than 6 trillion rupees ($63.53 billion) through cash withdrawal operations on Monday, a day after banking liquidity surged…

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US debt hits $40 trillion, raising inflation fears. (Pexel/Representative image) (Pexel)
Posted in Business

US debt hits $40 trillion: Why high inflation could cause a ‘lost decade’ for stocks

US government debt has reached a record $40 trillion. The huge debt pile is raising fresh concerns about what it could mean for the stock…

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US PCE inflation rose to 3.7% in July as income and spending grew. (Photo by ANGELA WEISS / AFP) (AFP)
Posted in Business

US inflation rises to 3.7% in July: What it means for Fed rate cuts

Prices paid by US consumers for goods and services increased slightly in July. The Personal Consumption Expenditures (PCE) price index, the Federal Reserve’s preferred inflation…

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RBI warns food, fuel costs could reignite broader inflation

The Reserve Bank of India (RBI) Bulletin for August has flagged the risk of broader inflationary pressures, warning that higher food, fuel and other input…

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Posted in Business

Telecom inflation, chargers and the number 45, and Small Talk ASL app

Opening thoughts. Josh Staub, a veteran Disney animator known for his visual effects and lighting work on films like Frozen, Tangled, and Wreck-It Ralph, has…

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