Search For "inflation"
Housing sales in metros decline 15 pc in April-June quarter
Updated : 6 hours, 1 min ago IST
New Delhi [India], June 30 (ANI): In a major fallout of increased property prices and lending rate hikes by the RBI and subsequently by several domestic banks, the top 7 cities in India saw a 15 per cent moderation in housing sales during the second quarter of the current calendar year 2022
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Pakistan open to importing cheap oil from Russia
Updated : 8 hours, 16 min ago IST
Islamabad [Pakistan], June 30 (ANI): Amid a financial crunch, rising inflation and deepening economic crisis, Pakistan is mulling oil imports from Russia.
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Equity indices decline in opening session, Sensex down over 400 points
Updated : 1 day, 12 hours ago IST
New Delhi [India], June 29 (ANI): Domestic equity indices declined substantially in the opening session of Wednesday due to consistent depreciation of rupee, foreign fund outflows, prevailing inflation concerns, among others. Indian currency rupee has been consistently hitting fresh all-time
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Indian currency rupee touches fresh low against US dollar
Updated : 2 days, 10 hours ago IST
New Delhi [India], June 28 (ANI): Indian currency rupee on Tuesday hit a fresh all-time low of 78.59 per US dollar, primarily due to a sell-off in equities, rising inflationary pressures, and elevated global crude oil prices.
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Rating agency ICRA sees India's policy rate hike shallower than US
Updated : 3 days, 11 hours ago IST
New Delhi [India], June 27 (ANI) Given the uneven domestic economic recovery, and a relatively larger output gap compared to pre-Covid levels, as well as higher inflation tolerance levels, rating agency ICRA expects India's policy rate hike cycle to be shallower vis-a-vis the US Fed.
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Nepal to cut fuel prices to control inflation
Updated : 5 days, 3 hours ago IST
Kathmandu [Nepal], June 25 (ANI): Amid growing public pressure over rising prices of goods and services, the Nepal government on Saturday decided to cut fuel prices substantially, Xinhua reported.
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Turkish President Erdogan may not retain his chair, here's why
Updated : 6 days, 2 hours ago IST
Istanbul [Turkey], June 24 (ANI): Turkish President Recep Tayyip Erdogan has bleak chances to retain his position despite the advancement of elections as soaring inflation and continuous fall of the Turkish Lira have deteriorated the country's economy.
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Russia denies claims of oil deal with Pakistan
Updated : 6 days, 3 hours ago IST
Islamabad [Pakistan], June 24 (ANI): Russian Consul General Andrey Viktorovich Fedrov stated that he wasn't aware of any oil deal between Russia and Pakistan, according to The News International.
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Inflation expected to remain higher than RBI tolerance level till Dec: Sha
Updated : 6 days, 4 hours ago IST
New Delhi [India], June 24 (ANI): India's headline inflation is expected to remain higher than the Reserve Bank of India (RBI) upper tolerance level of 6 per cent till December 2022, RBI Governor Shaktikanta Das has said.
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India's economic prospects challenged by Russia-Ukraine war, says RBI Depu
Updated : 6 days, 8 hours ago IST
New Delhi [India], June 24 (ANI): The ongoing geopolitical developments in Ukraine have challenged India's economic prospects, thereby darkening the country's outlook and making it highly uncertain, said the Reserve Bank of India's Deputy Governor Michael Patra.
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Gold trading in narrow range on high inflation, rising interest rates: Rep
Updated : 1 week ago IST
New Delhi [India], June 23 (ANI): Gold prices are expected to trade in a narrow range until some clarity arises in the key interest rates and other monetary policy measures in the US, said financial services firm Emkay Wealth Management in a report.
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RBI hiked rates to prevent inflation from corroding economic recovery, MPC
Updated : 1 week ago IST
Mumbai (Maharashtra) [India], June 22 (ANI): The Reserve Bank of India (RBI) Monetary Policy Committee decided to hike the policy repo rate by 50 basis points earlier this month in order to prevent inflation from corroding economic recovery, as per the minutes of the MPC meeting released on
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