Government Plans to Address Edible Oil Price Surge Ahead of Festive Season
Different ministries in India are expected to hold consultations soon on ways to provide relief to consumers as the Centre is “concerned with rising edible...
Tag : inflation
RBI Board Reviewed Global and Domestic Economic Scenario: 610th Meeting
The 610th gathering of the Central Board of Directors of the Reserve Bank of India was conducted on Wednesday in Mumbai, with Governor Shaktikanta Das...
Asian Development Bank kept 7% GDP Growth Forecast Unchanged for Indian Economy in FY25
The Asian Development Bank (ADB) has kept its GSD growth forecast for the Indian economy unchanged at 7% for the fiscal year 2025. For the...
Commodity Price Rally in July; Adds Fuel to Inflation Concerns
Inflation concerns have been raised as most commodities witnessed substantial price gains during July. From food to metal to energy, a broad range of commodities...
Germany Slips into Recession as Inflation Hits Europe’s Largest Economy
Europe’s largest economy has been pushed into a recession by persistent inflation, last year’s energy price shock, reduced consumer spending and dried-up Russian gas supplies...
Argentina Raises Interest Rates to 97% to Tackle 100% Inflation
Argentina’s Central Bank hiked its benchmark interest rate by six percentage points on Monday, to 97%, in a bid to combat surging inflation, which has...
RBI MPC Lowers Inflation Forecast, Projects Faster Growth for FY24
On Thursday, the governor of the Reserve Bank of India (RBI), Shaktikanta Das, announced that the Monetary Policy Committee (MPC) had reduced its Consumer Price...
Indian Inflation Likely to Decrease 5% in 2023: IMF
Inflation in India is predicted to come down from 6.8% in the present fiscal year ending March 31 to 5% the next fiscal year, dropping...
Italian Inflation Rise in Oct Ahead of Eurozone Figures
Italian inflation rose to a new record high in October, highlighting the economic challenges facing new Prime Minister Meloni and growing the risk of a...
Dabur India Warns of Margin Hit in Q2 Due to Higher Inflation
On Thursday, India-based Consumer goods Company Dabur warned that skyrocketing inflation during the second quarter could lower its operating margin by around 150-200 basis points...