Wednesday, 8 December, 2021
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How Erdogan’s dictatorial economics is fuelling Turkey’s inflation, throwing lira off track

With almost a year left for general elections, Turkish President Recep Tayyip Erdogan’s politics has started hurting its economy. Experts fear it’s not going to end well.
A vendor at a vegetable and fruit wholesale market in Guna, Madhya Pradesh | Photographer: Anindito Mukherjee | Bloomberg

WPI inflation jumps to 5-month high of 12.54% in October

WPI inflation has remained in double digit for the seventh consecutive month. Inflation in September this year was at 10.66 per cent, while in October 2020 it was at 1.31 per cent.
Customers stand at a counter while shopping at a grocery store in Bengaluru | Representational image | Bloomberg

Inflation concerns among Indian firms could test RBI’s resolve to keep borrowing costs low

Companies from HUL to Nestle have pointed to profit-squeeze, while the likes of Dabur and Britannia have already passed on some of the higher costs to consumers.
File photo of US President Joe Biden | Bloomberg

Biden cites India, Brazil to explain global supply chain complexity as US inflation surges

According to government data, consumer prices in the United States rose 6.2% in October from a year ago, the sharpest increase since 1990.
File photo of Pakistan PM Imran Khan | Photo: Facebook | ImranKhanOfficial

Pakistan’s inflation breaks 70 year record in 3 years of PTI govt — ghee, oil prices add fire

Among food items, the price of sugar in Pakistan increased from Rs 54 per kg to over Rs 100 per kg — a whopping increase of 83 per cent.
RBI governor Shaktikanta Das (file photo) | Photographer: Kanishka Sonthalia | Bloomberg

RBI laser-focused on bringing inflation back to 4% without disruption, says Governor Das

Retail inflation, which was above 6 per cent during May and June, has started moving down and stood at 4.35 per cent in September.

‘Good inflation bad inflation’ is Imran Khan’s new lesson in economics as prices soar

Imran Khan govt's message to Pakistanis is clear – tie a stone to your stomach, eat grass if need be, and thank your stars that you are on the good side of inflation.
Representational image | Manisha Mondal | ThePrint

It’s not such a happy Dussehra or Diwali this year as tomato, onion, potato prices surge 100%

Traders say the spurt in prices is the result of several factors, including surging fuel prices, crop damage in heavy rains, as well as festive demand.
A vendor at a vegetable and fruit wholesale market in Guna, Madhya Pradesh | Photographer: Anindito Mukherjee | Bloomberg

WPI inflation eases to 10.66% in September, but stays in double digits for 6th month in a row

The high rate of inflation was due to the rise in prices of mineral oils, basic metals, non-food articles, food products, crude oil & natural gas, chemicals & chemical products etc.
Reserve Bank of India building in Mumbai | Photographer: Kanishka Sonthalia | Bloomberg

RBI lowers retail inflation projection to 5.3% from 5.7% for FY22

The key driver of the disinflation has been the moderation in food inflation even as fuel inflation edged up and CPI inflation, excluding food and fuel inflation, remained elevated.
Representational image of Pakistan flag | Pixabay

On Sri Lankan man’s lynching, all of Pakistan reacted…and moved on

PM Imran Khan’s tweet of shock. Check. CM’s expression of sadness and ordering of in­­q­ui­­ry. Check. IG police’s vow to arrest the culprits. Check.
Illustration: Ramandeep Kaur | ThePrint

Bezos, Branson & Musk — Are billionaires popularising space travel or just on an ego trip?

Jeff Bezos will travel to the edge of space in his New Shepard aircraft — more than a week after billionaire Richard Branson defeated him in a fast developing space race.