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Friday, May 10, 2024
TopicInflation Rate

Topic: Inflation Rate

Wealthy shoppers or weak supply chains? What’s driving Haryana’s soaring inflation rate

Haryana saw 2nd-highest inflation rate in India last month. State govt pegs it on ‘purchasing power’, opposition on ‘mismanagement’, and economists on food prices & poor supply chains.

Australia to regulate buy-now-pay-later services with consumer credit law

The Australian govt will unveil the draft legislation for consultation later this year and the bill will be introduced into parliament by the end of this year.

India in stable economic situation, growth momentum is good, says Chief Economic Advisor

India will have a growth rate of 6.5 per cent to seven per cent in 2022-23, which is considered to be good despite a high inflation rate of 7.4 per cent, V. Anantha Nageswaran said.

Why we can’t afford to burn any more shorts & how Black Cats are stalling growth of Hindi

The best cartoons of the day, chosen by the editors at ThePrint.

Rupee ‘holding up well’ compared to market peers & advanced economies, says RBI governor

Shaktikanta Das also said the RBI has been supplying US dollars to the market to ensure adequate supply of liquidity, days after rupee touched 80 against the dollar.

Inflation pinching your pocket? There is more in the pipeline. But god can help

Global demand will put more pressure on India. Forty-six countries, including Sri Lanka and Pakistan, are in need or will be needing external food assistance.

You thought inflation’s high in India? Data shows at least 100 countries doing worse

Lebanon faces worst inflation rate in the world, followed by Zimbabwe and Sudan, according to 'Trading Economics', which sources data from governments.

India inflation surges to eight-month high in February amid supply snarls

The uncertainty fueled by the Russia-Ukraine war is likely to force the central bank to revisit its inflation and growth forecasts at its policy meeting next month.

BJP wins UP, but rising prices & inflation still likely threat to Modi ahead of 2024 elections

UP, where Modi was star campaigner, is seen as a test of PM's popularity ahead of 2024 general elections. Win could strengthen his position & allow him space to implement hard-to-sell reforms

Inflation expectations ease first time in eight months, RBI survey shows

Current inflation expectations dropped by 70 basis points to 9.7% in January, according to the median in the RBI survey of 5,985 urban households.

On Camera

If the Congress were truly a democratic party, Sam Pitroda would be a nobody

It is obscene that a man so detached from India should occupy such a powerful position in a party that governed India for most of its republican history.

Day after mass sick leave by employees, Air India Express fires crew members, cancels 85 more flights

About 300 employees had called in sick Wednesday, allegedly in protest against mismanagement of airlines. Remaining staff given ultimatum to rejoin work by end of Thursday.

Three Indian Navy ships deployed to South China Sea

Deployment comes at a time when Yuan Wang 03, a Chinese missile and satellite tracking vessel, has entered Indian Ocean Region.

Frontrunner is letting the challenger define this poll campaign. Modi still hasn’t found a big theme

A theme has not yet emerged for BJP & people see lack of a contest, which makes it unexciting. For all these reasons, 2024 is turning out to be an unexpectedly theme-less election.