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 core […]
Continue Reading
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 starting […]
Continue Reading
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 on […]
Continue Reading
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 pressure […]
Continue Reading
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 deposit […]
Continue Reading
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 Ratings […]
Continue Reading
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 Finance […]
Continue Reading
Reserve Bank of India (RBI) Governor Shaktikanta Das. File. | Photo Credit: PTI The Reserve Bank of India could ill afford to opt for a “premature pause in monetary policy action” as it would prove costly at a time when there was stickiness in core inflation, Governor Shaktikanta Das stressed at the Monetary Policy Committee’s […]
Continue Reading
Reserve Bank of India Governor Shaktikanta Das. File photo | Photo Credit: PTI Reserve Bank of India Governor Shaktikanta Das on Wednesday, December 21, 2022 said underlying economic activity in India continues to be strong, but external factors will cause some “dent” to the economy. Speaking at the BFSI Insight Summit 2022 organised by Business […]
Continue Reading
Reserve Bank of India (RBI) Deputy Governor Michael Patra. File. | Photo Credit: Reuters The balance of risks is increasingly tilted towards a darkening global outlook and emerging market economies (EMEs) appear to be more vulnerable, even though incoming data suggest that global inflation may have peaked, Reserve Bank of India officials led by Deputy […]
Continue ReadingCopyright © 2022
Designed and Developed by Cpool Digital Learning
