Fri, Jan 12, 2024
December CPI in America increased from 3.1% to 3.4%... Retail inflation increased more than expected in US... Why did the American markets not decline despite the bad data? No possibility of rate reduction in March? Know from Anil Singhvi...
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Sun, Jan 07, 2024
As per the estimates of Ind-Ra, which is a subsidiary of global rating agency Fitch Ratings, PFCE would grow 5.2 per cent year on year in current fiscal, as against 7.5 per cent in last fiscal.
Wed, Jan 03, 2024
The seasonally adjusted HSBC India Manufacturing Purchasing Managers' Index (PMI) fell from 56 in November to an 18-month low of 54.9 in December.
Thu, Sep 01, 2022
The RBI has hiked interest rates by 140 basis points this year responding to retail inflation which has consistently breached the upper end of the tolerance band set for it
"Compared to these countries, inflation is less in India and our economy is growing. India is in fifth place in the world. After the COVID pandemic, our economy is growing faster than any other country in the world," Karad said.
Wed, Aug 31, 2022
In the euro zone, energy prices surged 38.3%, while food prices rose 10.6%, according to Eurostat's preliminary estimate.
Fri, Aug 26, 2022
Inflation started rising sharply in the spring of 2021 as the economy rebounded with surprising speed from the short but devastating coronavirus recession a year earlier.
The RBI on its part has front-loaded monetary policy response, with a cumulative 140 basis points increase in the benchmark rate so far with an aim to check high inflation which is ruling above its comfort zone of 6 per cent for the past seven months
IT/ITeS continued to lead all sectors, with 91 per cent of the employers in the sector hiring during the quarter (83 per cent in the previous quarter).
Wed, Aug 24, 2022
Retail inflation based on Consumer Price Index (CPI) eased to 6.71 per cent in July but remained above RBI's tolerance level for the seventh month in a row.
The digital revolution in the Indian healthcare sector was a long-awaited change. Seeing how the healthcare sector has advanced in recent years, patients can now access the finest medical treatments for several ailments. But improving healthcare does not come without rising medical costs.
Wed, Aug 17, 2022
Maharashtra State DA Hike, Salary Increase: The Maharashtra government has increased the DA by 3 per cent for its employees.
Tue, Aug 16, 2022
The Reserve Bank of India mainly looks at retail inflation to frame monetary policy.
Mon, Aug 15, 2022
This week, market attention will move to domestic and global macro variables like inflation trends and resultant impact in central bank policy decisions, Vinod Nair, Head of Research at Geojit Financial Services, said
Fri, Aug 12, 2022
India's retail inflation softened to 6.71 per cent in July from 7.01 per cent in June according to a data release by the government on Friday
The number of Americans who signed up for unemployment benefits rose last week to the highest level since November, though the US job market continues to show signs of strength.
Thu, Aug 11, 2022
While inflation continues to be above the comfort zone, the economy has continued on its recovery path, supported by pent-up demand for services and higher industrial output
The consumer price index (CPI) rose 8.5% year-on-year in July 2022, below expectations, owing primarily to falling energy prices.
Wed, Aug 10, 2022
IMG meeting on inflation tomorrow. Special focus possible on rice, wheat. Officials from the Ministry of Consumer Affairs, Ministry of Food, Agriculture, Commerce and Ministry of Industry, Petroleum and Finance will attend the meeting.
A meeting of the inter-ministerial group (IMG) is scheduled for tomrrow evening to discuss the proposal and will be attended by officials from the Ministry of Consumer Affairs, Food, Agriculture, Commerce, Industry, Petroleum and Finance.
Tue, Aug 09, 2022
Nifty50, which tracks the performance of bluechip companies, has climbed more than 1,700 points or yielded more than 10% return since July 1 when it finished at 15,752.05.
Fri, Aug 05, 2022
Monetary Policy Committee unanimously decided to hike the repo rate to 5.4%, the third consecutive hike amid skyrocketing inflation.
Banks with a higher share of floating rates and a robust CASA-led deposit franchise should be placed well in this increasing interest rate environment as the current credit growth is looking up, Naveen Kulkarni , Chief Investment Officer (CIO) at Axis Securities opines.
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