Page 70 - Latest Updates on Inflation
Dollar set for weekly loss as traders eye more ECB hikes, US inflation data
Profit-taking after a sharp extension of the dollar's long rally also took hold and the pullback was broad
 "Dollar set for weekly loss as traders eye more ECB hikes, US inflation data")
China's consumer inflation moderates in Aug as lockdowns suppress spending
The consumer price index rose 2.5% from a year earlier, the National Bureau of Statistics said Friday, down from 2.7% gain in July
 "China's consumer inflation moderates in Aug as lockdowns suppress spending")
Need to boost investor confidence for sustainable, transformative growth
India needs to show investors not only that they can achieve decent returns in the country but that their money is safe here
 "Need to boost investor confidence for sustainable, transformative growth")
ECB raises rates by unprecedented 75 bps to tame runaway inflation
The ECB lifted its deposit rate to 0.75% from zero and raised the main refinancing rate to 1.25%, their highest level since 2011
 "ECB raises rates by unprecedented 75 bps to tame runaway inflation")
Bonds, rupee strengthen as crude oil prices fall below $90 a barrel
Hope of global index inclusion drags down bond yields, FPI flows bolster rupee
 "Bonds, rupee strengthen as crude oil prices fall below $90 a barrel")
Managing inflation can't just be left to RBI: FM Nirmala Sitharaman
'Monetary and fiscal policies have to work in tandem; importing Russian oil part of inflation management'
 "Managing inflation can't just be left to RBI: FM Nirmala Sitharaman")
Coal price hike remains difficult for CIL: Chairman tells analysts
Coal India expects to achieve production levels of above 900 million tonne by 2024-25
 "Coal price hike remains difficult for CIL: Chairman tells analysts")
Germany heading for recession, warns Deutsche Bank CEO Christian Sewing
"The longer inflation remains high, the greater the strain and the higher the potential for social conflict," Sewing said.
 "Germany heading for recession, warns Deutsche Bank CEO Christian Sewing")
Apollo Tyres' stock racing ahead on improving outlook, growth in EU
While volumes are rising, there are interesting structural changes taking place in the sector
 "Apollo Tyres' stock racing ahead on improving outlook, growth in EU")
Job creation, wealth distribution priority over inflation: FM Sitharaman
The finance minister said if India and the United States joined efforts in growing their respective economies, they might be the engines of global growth within the next two decades
Inflation has eased to manageable level, says Finance Minister Sitharaman
Job creation and equitable distribution of wealth remain the other focus areas, she said at India Ideas Summit here
Volkswagen to list Porsche in one of biggest IPOs in years: Report
The offering could value Porsche at between 60 billion euros and €85 billion, equivalent to between $59.8 and $84.6 billion, according to analyst estimates
 "Volkswagen to list Porsche in one of biggest IPOs in years: Report")
Kirit Parikh panel to review local gas pricing formula to tame inflation
India links local gas prices to a formula tied to global benchmarks, including Henry Hub, Alberta gas, NBP and Russian gas with a lag of one quarter
 "Kirit Parikh panel to review local gas pricing formula to tame inflation")
RBI is anchoring expectations on rupee weakness, says Shaktikanta Das
He expects inflation to fall within tolerance band by January-March
 "RBI is anchoring expectations on rupee weakness, says Shaktikanta Das")
Recalibrating policy priorities
As the global storm rages, emerging markets will have to quickly pivot from addressing the pandemic's scars to focusing on the 'twin deficits' to preserve macroeconomic stability
Tough for India to replicate the outperformance over EMs: Manish Gunwani
We have relatively strong growth and a healthy corporate earnings cycle as positives, but a worrisome current account deficit and high inflation as challenges, says Manish Gunwani.
 "Tough for India to replicate the outperformance over EMs: Manish Gunwani")
Turkey sharply raises 2022 inflation forecast from 9.8% last year to 65%
Turkey sharply raised the country's inflation forecast for 2022 to 65 per cent, up from 9.8 per cent predicted one year ago, according to a government program published in the Official Gazette
 "Turkey sharply raises 2022 inflation forecast from 9.8% last year to 65%")
Congress to hold protest rally against inflation at Delhi's Ramlila Maidan
Congress will hold a 'Mehngai par halla bol' protest rally today at the Ramlila Maidan in the national capital against price rise and policies of the central government
 "Congress to hold protest rally against inflation at Delhi's Ramlila Maidan")
'Think of the worst': RBI Governor Das nudges banks to raise capital
Referring to the RBI's foreign exchange reserves as the "solid backbone" of the economy, Das said they provided the firepower to maintain stability in the rupee despite global headwinds
 "'Think of the worst': RBI Governor Das nudges banks to raise capital")
Amid inflation, global bonds enter their first bear market in a generation
Soaring inflation and the steep interest-rate hikes deployed by policy makers in response have brought to an end a four-decade bull market in bonds
 "Amid inflation, global bonds enter their first bear market in a generation")