inflation

Hamirpur (HP), April 11 BJP activists, mostly women, held demonstrations in the Hamirpur district of Himachal Pradesh on Saturday against the "anti-people policies" of the state government.MLA Ashish Sharma led the demonstrations in Hamirpur, MLA Inder Dutt Lakhanpal led them in Bijheri, and...

Seoul, April 11 – The South Korean government announced on Saturday that cash assistance for the bottom 70% of income earners will begin being distributed later this month as part of efforts to alleviate the financial strain caused by rising oil prices.The aid will initially be provided to the...

New Delhi, April 10 The Supreme Court on Friday held that the State cannot differentiate between serving employees and pensioners when enhancing allowances meant to counter inflation.In a significant judgment upholding the right to equality for retirees, a bench comprising Justice Manoj Misra...

Manila, April 10 – The ongoing conflict in the Middle East has heightened global geopolitical risks and intensified downside risks for economic growth in developing Asia and the Pacific, according to a new report released by the Asian Development Bank (ADB) on Friday.The Asian Development...

New Delhi, April 10 The Asian Development Bank (ADB) on Friday projected India's GDP growth to remain "robust" at 6.9 per cent in the current fiscal, and rise to 7.3 per cent in the next fiscal, driven by strong domestic demand, and supported by easing financing conditions and lower US tariffs...

Washington, April 10 – Rising geopolitical tensions are beginning to reshape economic expectations, with the World Bank’s president, Ajay Banga, warning that prolonged conflict could dampen growth, fuel inflation, and strain vulnerable economies.Speaking at the Atlantic Council, World Bank...

Washington, April 9 IMF Managing Director Kristalina Georgieva on Thursday urged central banks grappling with the impact of the US-Israel war on Iran to fight inflation even at the cost of growth, arguing that "pain is an unavoidable consequence of any conflict".In her address at the IMF...

Washington, April 9 – A global oil shock linked to the Middle East conflict is set to hit growth and fuel inflation across energy-importing economies, the International Monetary Fund (IMF) Managing Director Kristalina Georgieva warned on Thursday.In her opening speech ahead of the IMF's Annual...

New Delhi, April 9 India has consistently demonstrated remarkable resilience during global crises, not only surviving them but also transforming through the turbulence to emerge stronger, said Shaktikanta Das, Principal Secretary to the Prime Minister, on Thursday.Addressing the AIMA National...

Islamabad, April 9 – The prices of roti and chapati have increased in Karachi, Pakistan, as the country continues to experience a severe shortage of Liquefied Petroleum Gas (LPG), further increasing the financial burden on people who are already struggling with inflation, local media reported on...

Seoul, April 9 – South Korean President Lee Jae Myung said on Thursday that it is time for the nation to fundamentally change its economic system, as rising oil prices and inflationary pressures from the war in the Middle East have dampened prospects for an economic recovery.However, Lee urged...

Washington, April 9 – The World Bank says that Bangladesh’s economy is expected to experience a gradual recovery after a period of slowdown, supported by improving domestic demand and stabilizing conditions.Growth is projected at 3.9 per cent in the fiscal year 2025-26, reflecting the impact...

Washington, April 9 – India’s economy is maintaining strong growth momentum, driven by robust domestic demand, resilient services exports, and sustained reforms, the World Bank said in its latest report.Growth is estimated at 7.6 per cent in the fiscal year 2025-26, higher than earlier...

Mumbai, April 8 Indian bond yields ended nearly 0.15 per cent lower on Wednesday, taking comfort from the conditional ceasefire in the West Asia conflict, and the Reserve Bank of India (RBI) maintaining the status quo on policy rates.According to the Clearing Corporation of India (CCIL), the...

New Delhi, April 8 Investors' wealth swelled by ₹16.25 lakh crore on Wednesday, mirroring a sharp rally in the stock market where the BSE Sensex jumped nearly 4 per cent, after the US and Iran announced a two-week ceasefire.Rising for the fifth day in a row, the 30-share BSE Sensex jumped...

Mumbai, April 8 Reserve Bank Governor Sanjay Malhotra expressed confidence on Wednesday that interest rates will remain low in the medium to long term, given the benign inflationary conditions.Addressing the media at a post-monetary policy conference, Malhotra said the Indian economy is very...

In New Delhi, April 8 Some migrants concealed their departure by staging fake family events, while others openly admitted the situation, but all left with heavy bags and heavy hearts. The shortage of LPG cylinders is forcing migrants to return to their villages, hoping that their separation from...

New Delhi, April 8 Aviation stocks ended sharply higher on Wednesday following a steep decline in crude oil prices after the US and Iran announced a two-week ceasefire.Easing of geopolitical tensions led to a sharp fall in Brent crude oil prices, which tumbled 14.12 per cent to USD 93.95 per...

New Delhi, April 8 The Reserve Bank's decision to maintain the status quo on interest rates is a measured approach to strengthen the macroeconomic environment, given the global headwinds influencing economic sentiment, experts said on Wednesday.The Reserve Bank kept its key policy rate (repo)...

Mumbai, April 8 Reserve Bank Governor Sanjay Malhotra expressed confidence on Wednesday that interest rates will remain low in the medium to long term, given the benign inflationary conditions.Addressing the media at a post-monetary policy conference, Malhotra said the Indian economy is very...