Page 75 - Latest Updates on Inflation
Inflation trajectory may be benign going forward, says SBI report
The Reserve Bank of India has raised the repo rate by 140 basis points to 5.40 per cent since May to tackle high inflation
 "Inflation trajectory may be benign going forward, says SBI report")
Concerns over runaway inflation and CAD seem to have tapered off
India poised to be world's fastest growing economy this year
 "Concerns over runaway inflation and CAD seem to have tapered off")
Crypto derivatives volumes surge to $3.12 trillion in July: Report
The derivatives market now makes up 69% of total crypto volumes, up from 66% in June, and helped push overall crypto volumes on exchanges to $4.51 trn in July, CryptoCompare said
 "Crypto derivatives volumes surge to $3.12 trillion in July: Report")
Gas prices dip just below $4 a gallon for the first time in 5 months in US
Falling prices for gas, airline tickets and clothes are giving consumers a bit of relief, although inflation is still close to a four-decade high.
 "Gas prices dip just below $4 a gallon for the first time in 5 months in US")
Sensex up 515 pts, Nifty tops 17,650 on lower-than-expected US inflation
CLOSING BELL: Easing CPI figures reduced the probability of a 75-bps rate hike in the upcoming US FOMC meeting
 "Sensex up 515 pts, Nifty tops 17,650 on lower-than-expected US inflation")
HDFC executes unusual trade to hedge borrowings against interest rate risk
The switch in hedging tools comes as markets are buffeted by surging policy rates, with the Reserve Bank of India having hiked by 140 basis points since May to tackle inflation
 "HDFC executes unusual trade to hedge borrowings against interest rate risk")
Morgan Stanley bets on emerging market debt as JPM says rally unsustainable
The latest inflation data from the US spurred a risk rally as traders reduced Federal Reserve tightening wagers
 "Morgan Stanley bets on emerging market debt as JPM says rally unsustainable")
Is the worst of inflation behind us?
India's retail inflation has eased to 6.78% in July due to a fall in prices of food and fuel, according to Reuters. But it is still pinching people's pockets. Can we expect relief in the coming days?
Is it time to sell dairy stocks?
Dairy companies continued to disappoint investors with dismal profits in the recently concluded quarter as high input costs eroded the sector's margins. Find out the likely trajectory for the sector
Sensex, Nifty end flat; Tata Chemicals jumps 12%, IGL 6%; SpiceJet sheds 5%
CLOSING BELL: Among sectors, the Nifty IT index slipped 0.9 per cent, while the Nifty Metal index advanced 1.6 per cent
 "Sensex, Nifty end flat; Tata Chemicals jumps 12%, IGL 6%; SpiceJet sheds 5%")
China consumer inflation in July reaches 2-year high as pork costs surge
The consumer price index in China rose 2.7% last month from a year earlier as pork prices surged 20.2%
 "China consumer inflation in July reaches 2-year high as pork costs surge")
Need to watch out for inflation impact: Bajaj Allianz General Insurance CEO
The general insurance industry has reported sound growth in the first quarter (Q1) of financial year 2022-23 (FY23) thanks to group health and motor businesses
 "Need to watch out for inflation impact: Bajaj Allianz General Insurance CEO")
Parents' income, child's record count in getting education loan: Experts
Students joining a professional course at a top-notch college will find it easier to get approval
 "Parents' income, child's record count in getting education loan: Experts")
US indices struggle amid recession fears; Micron says sales may come down
Chipmaker Micron Tech says sales likely to come down; inflation data today
 "US indices struggle amid recession fears; Micron says sales may come down")
Europe shares mixed after Asian markets decline on tech downturn
Such worries are coming on top of concerns about inflation and what central banks might do to curb that trend. Higher interest rates tend to work as a minus for share prices.
 "Europe shares mixed after Asian markets decline on tech downturn")
Gold eases as investors await US inflation data due later this week
Gold prices edged lower on Tuesday as investors awaited U.S. inflation data due later in the week that could offer more clarity on the Federal Reserve's rate-hike plans to combat rising prices.
 "Gold eases as investors await US inflation data due later this week")
The employment-income crisis
Reforms of the education and skill continuum could usher in an Indian miracle
 "The employment-income crisis")
New terms of trade
Policy establishment should build capacity
 "New terms of trade")
Job demand stays flat in July amidst fears of global recession: Report
The report further revealed that tier-II cities are now frontrunners in hiring with Coimbatore and Ahmedabad, indicating growing demand for talent across segments.
 "Job demand stays flat in July amidst fears of global recession: Report")
Sensex soars 465 pts, Nifty tops 17,500; all except PSBs rally; SBI dips 2%
CLOSING BELL: Coal India, M&M, Bajaj Finserv, HDFC Bank, Hindalco, Axis Bank, NTPC, L&T, HDFC, Dr Reddy's Labs, RIL, IndusInd Bank, and Apollo Hospitals were the top gainers on the 50-pack index today
 "Sensex soars 465 pts, Nifty tops 17,500; all except PSBs rally; SBI dips 2%")