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In the private equity (PE) sector, there was a 40 per cent reduction in the number of deals and a 28 per cent decrease in their values compared to YTD 2022.
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Annual retail inflation, called CPI or consumer price index, rose 5.02 per cent in September from 6.83 per cent in the previous month on the back of softer vegetable prices, according to data released by the National Statistical Office
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RBI Governor Shaktikanta Das said the central bank is concerned and it has identified high inflation as a major risk to macro-economic stability and sustainable growth
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RBI typically conducts six bi-monthly meetings in a financial year, where it deliberates interest rates, money supply, inflation outlook, and various macroeconomic indicators
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The index particularly increased due to the rise in energy prices, as the pace of increase in perishable food items reached single digits.
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Pakistan faces an uphill task when it comes to economic recovery under a caretaker government following the approval of a $3 billion loan by the International Monetary Fund in July
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The decision to increase the price of commercial LPG gas cylinder by Rs 209 have left the shopkeepers and restaurateurs running tea, samosa and kachori shops very worried.
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FPIs have turned net sellers and pulled out of over Rs 14,767 crore from Indian equities in September, primarily due to dollar appreciation
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Reserve Bank is likely to maintain status quo on policy rates for the fourth time in a row at its bi-monthly monetary policy review meeting
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The report also points out that while the currencies of developing economies in Asia have marginally depreciated, Pakistan's currency has seen a steep devaluation of 30%
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Retail inflation for farm workers and rural labourers eased marginally to 7.37 per cent and 7.12 per cent, respectively in August this year
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US Federal Reserve in its September policy meeting left the key interest rate unchanged at 5.25-5.50 per cent but cautioned it may go for additional tightening of monetary policy
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The rise in the rate brings the price of petrol to PKR 333.38 per litre and the rate of high-speed diesel is PKR 329.18 per litre
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Wholesale price-based inflation remained in the negative territory for the fifth straight month in August at (-)0.52 per cent
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However, core inflation, which strips out volatile food and energy prices, continued to slow, CNN reported citing data from the Bureau of Labor Statistics
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Retail inflation declined to 6.83 per cent in August after touching a 15-month high of 7.44 per cent in July, mainly due to softening prices of vegetables, but still remains above the Reserve Bank's comfort zone.
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Both monetary and fiscal policy must work in tandem to contain the inflationary spiral with timely supply-side interventions to ‘limit the severity and duration of such shocks’
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The Consumer Price Index (CPI) based inflation was at 7.44 per cent in July and at 7 per cent in August 2022, as per the data released by the National Statistical Office (NSO) on Tuesday.
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Congress leader Jairam Ramesh on Tuesday lashed out at the BJP-led Central government over inflation and unemployment.
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Egypt's annual inflation rate hit a new record high in August, as the cash-strapped country continues to battle price hikes and a depreciating currency