[ad_1] According to WPI data, deflation in food articles was 4.16%in November, compared to 8.31% in October. File. | Photo Credit: Reuters Wholesale price inflation (WPI) came in at (-) 0.32% in November, driven by an uptick in prices of food articles like pulses and vegetables on a month-on-month basis, government data showed on Monday […]
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[ad_1] By staying patient, informed and disciplined, you can break the loop of ‘artificial demand’ and avoid inflated prices. Allow time for the situation to settle. File. | Photo Credit: Reuters On September 19, U.S. President Donald Trump signed a proclamation raising the annual fee for H-1B visas to a staggering $1,00,000 a year. Almost […]
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[ad_1] At less than 3%, the inflation figure for May is well within the target set by the government of India. This has led to a celebration in the media of the Reserve Bank of India’s prowess in macroeconomic management, of which inflation control is an important part. What has received next to no acknowledgement, […]
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[ad_1] Inflation: Pulses put on display for sale at wholesale grocery market Khari Baoli, Delhi | Photo Credit: Sushil Kumar Verma The latest annual report released by the RBI highlights the factors and disruptors that heightened inflation levels worldwide. It also identifies the specific commodities that affected inflation across different components, like food, fuel and […]
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[ad_1] Photo used for representational purpose only. S&P expected the Reserve Bank of India to raise its already high policy rate further following a recent upside surprise to inflation. File | Photo Credit: Sushil Kumar Verma S&P Global Ratings on Monday kept its forecast for India’s economic growth unchanged at 6% in the fiscal year […]
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[ad_1] Chief Economic Advisor Anantha Nageswaran addresses a press conference regarding the G20’s Second Framework Working Group Meeting, which began on Friday, in Chennai, Thursday, March 23, 2023. | Photo Credit: PTI Most G20 countries see inflation as being sticky and easing more slowly than they would like and have reiterated that they would remain […]
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[ad_1] Bank of England logo is seen in this illustration. While economists expected prices to drop rapidly later this year, inflation is more than five times higher than the Bank of England’s 2% target. | Photo Credit: Reuters Britain’s inflation rate rose for the first time in four months in February, surprising analysts and increasing […]
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[ad_1] Image for representation purpose only. As banks’ chase for customers to collect cheap deposits is not fructifying, they are forced to offer inflation-beating real interest rates on fixed deposits now, and State-run banks led by Punjab & Sind Bank tops the chart offering 8-8.50% per annum deposit rate. Banks are forced to offer inflation-beating […]
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[ad_1] India Inc’s operating profit margin narrowed by a sharp 2.37% in the December quarter to 16.3% on an annual basis due to inflation and rising energy costs, domestic ratings agency ICRA said on Monday. When viewed sequentially, the operating profit margin for the December quarter expanded by 1.8% over the preceding September quarter, ICRA […]
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[ad_1] Union Finance Minister Nirmala Sitharaman addresses a press conference on Union Budget 2023-24, in Jaipur on February 20, 2023. | Photo Credit: PTI The measures like increased capex, boosting the green economy and initiatives for strengthening financial markets announced in the Budget 2023-24 are expected to promote job creation and spur economic growth, the […]
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