Page 105 - Latest Updates on Inflation
The inflation dilemma
Markets are in for a very bumpy ride if inflation is truly breaking out
 "The inflation dilemma")
$100 oil threatens to compound world economy's inflation shock
That's a worrying combination for the U.S. Federal Reserve and fellow central banks as they seek to contain the strongest price pressures in decades
 "$100 oil threatens to compound world economy's inflation shock")
After 7 months, retail inflation breaches RBI upper tolerance limit in Jan
Data released by the statistics department showed consumer price index (CPI) based inflation rate touched 6.01 percent in January driven by food and beverages, clothing and footwear
 "After 7 months, retail inflation breaches RBI upper tolerance limit in Jan")
Statsguru: Six charts explain India's uneven economic recovery
A key reason for lower than expected inflation projections could be weak demand
 "Statsguru: Six charts explain India's uneven economic recovery")
Global trends, inflation data, earnings to drive markets: Analysts
Last week, the 30-share BSE benchmark declined by 491.90 points or 0.83 per cent.
 "Global trends, inflation data, earnings to drive markets: Analysts")
Effective duty on crude palm oil cut to 5.5% to cool edible oil prices
With edible oil prices ruling high throughout last year, the government had on multiple occasions cut import duty on palm oil to increase domestic availability.
 "Effective duty on crude palm oil cut to 5.5% to cool edible oil prices")
A balanced response to inflation
A large across-the-board increase in interest rates is a cure worse than the disease
 "A balanced response to inflation")
Tech firms lead Sensex fall as US inflation triggers rate hike fear
The top five losing stocks were from the technology sector
 "Tech firms lead Sensex fall as US inflation triggers rate hike fear")
Price hikes drive FMCG revenues in Q3, but margins see some pressure
Volumes were also under pressure as consumers cut back spending on high inflation
 "Price hikes drive FMCG revenues in Q3, but margins see some pressure")
Checked inflation even when Covid hit us, says FM Nirmala Sitharaman
CPI inflation at 6.2% now, was 9.1% during 2008 financial crisis, she says
 "Checked inflation even when Covid hit us, says FM Nirmala Sitharaman")
Wall Street set for second day of losses; US 10-year yield near 2%
Europe's STOXX 600 was down 0.9%, Nasdaq and S&P 500 futures were down 0.7% and 0.5% respectively
 "Wall Street set for second day of losses; US 10-year yield near 2%")
Akzo Nobel India Q3 net down 4% at Rs 84 cr; revenue up 18% at Rs 914 cr
Paints and coatings maker Akzo Nobel India Ltd on Friday reported a 4.06 per cent decline in consolidated net profit to Rs 83.82 crore for the quarter ended December 2021
 "Akzo Nobel India Q3 net down 4% at Rs 84 cr; revenue up 18% at Rs 914 cr")
Gold prices ease as US rate-hike bets counter inflation worries
Gold has gained 0.8% so far this week as inflationary risks and geopolitical tensions lifted demand for the safe-haven asset.
 "Gold prices ease as US rate-hike bets counter inflation worries")
RBI's dovish inflation call raises eyebrows as price pressures build
India is beginning to diverge from many other major global central banks, which now see price pressures as more entrenched and in need of action
 "RBI's dovish inflation call raises eyebrows as price pressures build")
Govt contained inflation at 6.2% despite biggest contraction in economy: FM
Sitharaman said that the government is also encouraging startups which resulted in creation of many unicorns during the pandemic.
 "Govt contained inflation at 6.2% despite biggest contraction in economy: FM")
RBI policy gives short-term support to equities and bonds
While the RBI's monetary policy is set to comfort equities and bonds, investors should remain cautious due to huge borrowing starting April 2022, rising global yields and elevated commodity prices
 "RBI policy gives short-term support to equities and bonds")
Dollar swings up, down to flat after US reports hottest inflation in 40 yrs
The consumer price index rose 0.6% from December, the Labor Department said, while in the 12 months through January, CPI jumped 7.5%, the biggest year-on-year gain since February 1982
 "Dollar swings up, down to flat after US reports hottest inflation in 40 yrs")
US inflation highest in four decades at 7.5%, with no letup in sight
The latest inflation data suggested to some economists that the Fed could raise its key rate in March by one-half a percentage point, rather than its typical quarter-point hike.
 "US inflation highest in four decades at 7.5%, with no letup in sight")
Fund managers see yields falling in a few days, MF returns rising
RBI status quo on rates sets it apart from most other central banks, which aren't only normalising liquidity but raising interest rates to tame inflation
 "Fund managers see yields falling in a few days, MF returns rising")
Parliament LIVE: UPA term was India's 'andhkaal', says FM Sitharaman
Rampant corruption, double digit inflation, policy paralysis were part of the dark age under Congress rule, says Sitharaman
 "Parliament LIVE: UPA term was India's 'andhkaal', says FM Sitharaman")