Inflation

NEW DELHI: Senior Congress leader P Chidambaram on Thursday said finance minister Nirmala Sitharamanhas called the planets to the rescue of the economy after giving up hope in her own skills and that of her economic advisers. His swipe…

There is only 20-30 per cent likelihood of a global recession and chances of prolonged stagflation in the economy seem more, according to research report Ecowrap's latest edition, which has projected that India's inflation rate is…

India would have witnessed as much as 18-20% inflation now, had it adopted the policies resorted to by advanced countries in the aftermath of the Covid-19 outbreak, or its own policies following the 2008 global financial crisis (GFC),…

Tomato prices, which had touched ₹100 per kg in June, have dropped by 60% to ₹40 per kg but the prices of potatoes, the most common vegetable on Indian platters, remain firm with prices of good quality potatoes rising 2% in July as…

The euro dropped below parity against the dollar on Wednesday for the first time in almost two decades, as a hawkish U.S. Federal Reserve and growing concern about rising recession risks in the euro area continued to batter the currency.…

Wall Street’s main indexes fell on Wednesday after hotter-than-expected inflation data fueled bets that the U.S. Federal Reserve will hike interest rates aggressively to tame surging prices. The Labor Department’s report showed the…

The latest retail inflation print for the month of June may have stayed flat at 7 per cent but a closer look at the numbers reveal a sticky core that makes RBI's fight against rising prices difficult. Apart from a breather in June…

Economists have started paring expectations on the size of India’s future interest-rate hikes, with half-point moves seen dispensable, after consumer prices rose less than expected in June. Citigroup Inc. economists expect a 35…

NEW DELHI: Retail inflation eased marginally in June but stayed near the 7% mark and above the central bank’s upper tolerance band for the sixth month in a row, triggering prospects of more interest rate increases by the RBI in the…

NEW DELHI: A study by the UN Development Programme(UNDP) has concluded that low-income population in India is negligibly vulnerable to slipping into poverty due to a global spike in inflation. The conclusion comes even as the paper…