"inflation"

New Delhi: The Centre has placed a cap on the export of sugar under the “restricted” category which will be effective from June 1. The latest move comes days after banning the export of wheat in order to control rising inflation and to ensure availability in the domestic market. India’s retail inflation has been above […]

The Centre’s sudden decision to ban export of wheat reflects a knee-jerk reaction and may not be helpful in taming the soaring inflation. Only last month, Prime Minister Narendra Modi had told United States President Joe Biden in his inaugural address at the 2+2 ministerial meeting that if the World Trade Organization (WTO) allows India […]

The spiralling retail inflation is emerging as a major cause for concern. The consumer price index (CPI)-based inflation for April skyrocketed to an 8-year high of 7.79%, much above the Reserve Bank of India’s comfort zone of 6%, for the fourth straight month. The latest data released by the National Statistical Office (NSO) presents a […]

By B Yerram Raju Several economists, in the wake of the Russia-Ukraine war and the rise in global inflation index, have been talking of recession. It is important to understand the meaning of recession. It occurs when there is a contraction of demand for goods and services consecutively for two quarters; employment falls precipitously; consumption […]

The Reserve Bank of India’s sudden decision to hike the policy rate may have taken the market off guard but it has become inevitable to tame the soaring inflation. The decision, taken at an unscheduled meeting of the Monetary Policy Committee (MPC) of the central bank, sends a clear signal that rising inflation is going […]

By V Thiagarajan  The International Monetary Fund (IMF) recently slashed its forecast for global economic growth by nearly a full percentage point citing Russia’s war in Ukraine, and warned that the world must brace itself for an economic slowdown as well as a burst in inflation. The IMF expects inflation to remain elevated throughout the […]

The woes of the middle class and the poor, already reeling under the impact of the coronavirus pandemic, are expected to worsen in the days ahead with the soaring inflation. The latest figures released by the Centre show that the wholesale inflation, as measured by the wholesale price index (WPI), rose to 14.5% in March, […]

New Delhi: A video of Union Minister Smriti Irani being confronted by Mahila Congress President Netta D’Souza on the issue of inflation has gone viral. The two were onboard a Guwahati-bound flight and the conversation took place as the plane landed and passengers started disembarking. D’Souza asked the Union Minister about the rising prices of […]

New Delhi: Inflation and unemployment are the main concerns of Indians at the moment rather than a non-ending sequence of new variants thrown by the deadly Coronavirus. This was revealed in a comprehensive survey conducted by CVoter for IANS on the occasion of World Health Day on Thursday. The survey, conducted immediately after the reported […]

Hyderabad: The unfailing regularity with which the fuel prices are increased every day and the economic burden the rise in fuel prices imposes on the common man, is perhaps, best summed up by none other than the Prime Minister Narendra Modi, albeit nine years ago. A video of Modi’s broadside against the then UPA government […]

Washington: US economic growth is expected to be capped at 2.5 per cent over the next two years due to inflation, which is currently “running too high,” Federal Reserve Bank of Philadelphia President Patrick Harker said on Tuesday. “I think growth will moderate this year,” Harker said. “We can probably expect to come in around […]

New Delhi: The common man is likely to suffer more with the rising prices of commodities with the most recent blow being the rise in the price of the domestic cooking gas cylinder (LPG). The cylinder got dearer by Rs 50 while the prices of petrol and diesel have risen by 80 paise each per […]

By B Yerram Raju The lockdown in China, and the fresh virus outbreak in Hong Kong, Australia, the UK, Germany etc, pose a severe threat and demand extreme caution. Ukraine war remains a global concern. The ripple effects of the war are seen in the central banks raising their policy rates in the US, UK […]

New Delhi: Former Congress president Rahul Gandhi hit out at the BJP-led Centre on Tuesday over high inflation and reduced rates of fixed deposits and provident fund, and said the common people are facing the consequences of its wrong policies. He also asked if it was not the responsibility of the government to provide relief […]

Hyderabad: The all-time favourite comfort food for many, Maggi is going to get costlier, again! Inflationary pressure has forced companies like Nestle and Hindustan Uniliver to increase the prices of their products. Products that are likely to get costlier are Nestle’s Maggi, A+ Milk and Nescafe among others. After the announcement from the FMCG companies, […]

New Delhi: Indian economy is expected to incur an additional $70 billion burden (or 1.9 per cent of the country’s GDP) in FY23 as compared to the current fiscal at an average crude price of $120 per barrel, said brokerage house Kotak Securities. Steep crude prices will pose stiff challenges in the form of higher […]

Mumbai: Reserve Bank on Thursday announced the launch of next round of households surveys to capture inflation expectations and consumer confidence. Data gathered from the surveys, which are regularly done by Reserve Bank of India (RBI), provides useful inputs for for its monetary policy. Announcing the launch of March 2022 round of Inflation Expectations Survey […]

Kolkata: The Union Budget provided nothing to the common people who have been “crushed” by unemployment and inflation, West Bengal Chief Minister Mamata Banerjee said on Tuesday, terming it a “Pegasus spin budget”. Banerjee said the Centre was lost in “big words” signifying nothing. BUDGET HAS ZERO FOR COMMON PEOPLE, WHO ARE GETTING CRUSHED BY […]

Though there is a significant rebound in the economic activity following the lifting of pandemic-related restrictions, the expectations of a quick recovery must be tempered in tune with ground realities. While the big jump in the GST collections is a positive development, several parameters — inflation, unemployment, subdued private consumption and investment and a crippling […]

A ‘stable’ outlook should not lead to complacency as several parameters, including inflation, unemployment, are still in the red zone