Indices down 4% in eight sessions; rising inflation data in Europe sees bond yields soar, putting pressure on global equities
When viewed sequentially, the operating profit margin for the December quarter expanded by 1.80 per cent over the preceding September quarter, Icra Ratings said
ECB President Christine Lagarde has already said the bank till hike rates, if needed
Inflation-adjusted gross domestic product (GDP) increased at a 2.7 per cent annualised rate during the period, Commerce Department data showed
According to the official, as far as 2022 is concerned, there has been a 4 per cent increase in FDI inflows
The minutes, released on Wednesday, said that the members believe "ongoing" rate hikes will be necessary
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IMD predicts above-normal temperatures this year
Continuing to raise nominal repo rates until core inflation falls could imply an overshooting or excess tightening of real rates, says the MPC member in an interview with Business Standard
In an interview with Business Standard, MPC member Jayanth Varma says the committee should not tie its hands by adopting the withdrawal of accommodation stance
'In the past two meetings, the size of the rate increases have come down'
External conditions deteriorated due to the war on many fronts
Disinflation can't rely only on food, must be firm in inflation fight, says RBI Das
Yield curve flattens; T-bill, 10-year bond spread now at 16 bps versus 222 bps a year ago
Prices jumped 140% till Jan; farmers expect a repeat as heat wave, shift to other crops may keep output down
The increase, which can raise the borrowing costs for consumers on everything from credit cards to mortgages, comes despite the economic pain that a devastating cyclone is already inflicting on people
The survey also showed inflation was likely to remain sticky at 6.00% this quarter, higher than the RBI's forecast of 5.70%
Bitcoin's year-to-date gain has now reached 50% after a further jump in February, contrasting with a retreat in global equities this month courtesy of a macroeconomic environment replete
IMF added that the central banks across Asia need to stay 'alert' as the core inflation is still high, and the re-opening of China's economy may push inflation up due to higher demand
India's retail inflation reversed its downward trend in January at 6.52 per cent and once again breached the central bank's upper tolerance limit