inflation

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    ASEAN-6 GDP Growth Forecasts Downgraded Amid Middle East Conflict

    Kuala Lumpur, March 24. Economists have revised their forecast for the ASEAN-6's gross domestic product (GDP) growth to 4.5 per cent in 2026, down from 4.8 per cent, and to 4.7 per cent in 2027, also down from 4.8 per cent, due to the impact of the conflict in West Asia.The ASEAN-6 countries...
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    Market Volatility Drives Silver Price Drop

    New Delhi, March 24 Silver prices remained under heavy selling pressure for the 10th consecutive session, declining by Rs 9,467 to Rs 2.15 lakh per kilogram in futures trading on Tuesday, amid heightened volatility and weak global cues.On the Multi Commodity Exchange (MCX), the white metal for...
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    Middle East Conflict Fuels Australian Fuel Concerns

    Melbourne, March 24 – As Australia sits at the far end of the regional fuel supply chain, it may face a "fuel supply crunch" in the coming weeks, according to local media reports, citing the conflict in the Middle East that has driven up international energy prices and exposed Australia's heavy...
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    Proactive Measures Needed as West Asia Situation Impacts India

    Mumbai, March 23 India needs to closely monitor the evolving situation in West Asia and take proactive measures to limit the impact of spillover effects, as the country is dependent on crude oil imports, the Reserve Bank's bulletin said on Monday.However, the March bulletin noted that India's...
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    Geopolitical Concerns Prompt Gold Loan Industry’s Deferral Request

    New Delhi, March 23 The Association of Gold Loan Companies (AGLOC) has sought a six-month deferral of the Reserve Bank of India's (RBI) revised guidelines on lending against gold and silver collateral, scheduled for implementation by April 1, 2026, citing emerging geopolitical uncertainty and...
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    Finance Bill 2026: MPs Raise Issues on Unemployment and Inflation

    The Lok Sabha has taken up the Finance Bill, 2026, for consideration and passage. The bill aims to implement the financial proposals of the Central Government for the financial year 2026-2027. Union Finance Minister Nirmala Sitharaman introduced the bill in the House.Starting the discussion...
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    Oil Price Drop Offers Relief for India Amidst Gulf Tensions

    Washington, March 23 – Oil prices fell, and markets rallied after President Donald Trump postponed strikes on Iran, a development closely watched in India for its economic impact.Trump, in a Truth Social post, said that the United States would hold off on attacks on Iranian energy...
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    UK Government Reviews Iran War's Economic Consequences

    March 23, New Delhi: UK Prime Minister Keir Starmer is scheduled to chair an emergency meeting on Monday to review the economic consequences of the ongoing war in Iran.The meeting will be attended by Finance Minister Rachel Reeves, Governor of the Bank of England Andrew Bailey, Foreign...
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    RBI Bulletin: India's Economy Shows Resilience Amid Global Uncertainty

    Mumbai, March 23 The conflict in West Asia and fresh trade investigations by the US have resulted in increased volatility in global markets, the RBI bulletin said on Monday.India's foreign exchange reserves remain adequate to provide a cushion against external shocks, according to an article...
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    Congress Demands PM Address LPG Shortage & West Asia Concerns

    New Delhi, March 23 – The Congress on Monday suggested that India should lead peace talks in West Asia and also called on Prime Minister Narendra Modi to inform citizens about the steps being taken to address the LPG shortage and rising inflation in the country.Congress MP Priyanka Gandhi...
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    Gold Declines Significantly as Inflation Fears Rise

    New Delhi, March 23 Gold prices plummeted sharply by more than 10 per cent to Rs 1.29 lakh per 10 grams in futures trading on Monday amid a global sell-off in precious metals driven by macroeconomic pressures.On the Multi Commodity Exchange, the yellow metal fell by Rs 14,897, or 10.3 per...
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    West Asia Conflict and Rising Inflation: India's Response Sought

    New Delhi, March 23 The Congress on Monday demanded that Prime Minister Narendra Modi inform the citizens about the outcome of a high-level meeting he chaired a day earlier on the West Asia conflict, and outline the steps taken to address the LPG shortage and rising inflation in the country...
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    Bond Yields Rise Amid Crude Price Concerns

    Mumbai, March 23 The benchmark bond yield in India rose to a 14-month high on Monday, possibly due to the surge in Brent crude oil prices amid escalating conflict in the Middle East.The yield on the 10-year government bond was trading at 6.8173 per cent around 11 am on Monday, compared to...
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    Silver Declines as Inflation and Dollar Strength Weigh Down Prices

    New Delhi, March 23 Silver prices plummeted to their lowest levels in futures trading on Monday, falling by Rs 20,409 to Rs 2.06 lakh per kilogram amid weak global trends and sustained selling pressure.On the Multi Commodity Exchange, silver for May delivery plunged by Rs 20,409, or 9 per...
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    Rising Inflation and Middle East Tensions Impact Gold

    New Delhi, March 23 Gold prices plunged sharply by Rs 8,089 to Rs 1.36 lakh per 10 grams in futures trading on Monday, tracking a global sell-off amid rising inflation fears and a firm US dollar.On the Multi Commodity Exchange, the yellow metal for April delivery slumped by Rs 8,089, or 5.6...
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    Gold and Silver: Analysts Predict Limited Recovery Next Week

    New Delhi, March 22 Precious metal prices are likely to stabilize with a slight upward bias next week after a sharp decline, although the potential for further gains may be limited due to high interest rates and a strong US dollar, analysts said.Investors will closely watch key macroeconomic...
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    Sri Lanka Raises Fuel Prices as Conflict Escalates

    Colombo, March 22 The Sri Lankan government on Sunday raised fuel prices by around 25 per cent, the second such increase in a week amid the West Asia conflict.This move comes in the backdrop of the joint US-Israel strikes against Iran and the retaliation by the Islamic nation that has spread...
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    Crude Oil Prices and Geopolitical Risks Impact India's Markets

    New Delhi, March 22 Developments related to the ongoing conflict in West Asia and its impact on crude oil prices will continue to influence investor sentiment in a week shortened by holidays, analysts said.In addition, trends in global markets, trading activity of foreign investors, and the...
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    Opposition Voices Concerns Over Increased Entry Tax in Himachal

    Shimla, March 21 The BJP staged a protest both inside and outside the Himachal Pradesh Vidhan Sabha on Saturday against the state government's policies, specifically the recently increased entry tax, and demanded its immediate withdrawal.The protest was held during the Budget Session of the...
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    Gandhi Criticizes Modi Govt's Economic Approach

    New Delhi, March 21 Congress leader Rahul Gandhi accused the Modi government on Saturday of lacking both direction and strategy necessary to manage the current economic situation facing the nation.Gandhi also expressed concern that the government will raise the prices of petrol, diesel, and...
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