Page 84 - Latest Updates on Inflation
India's high inflation to stick for longer, rates to rise more: Poll
One of the later entrants in the current round of global monetary policy tightening, the Reserve Bank of India raised its repo rate by a total of 90 basis points in May and June
 "India's high inflation to stick for longer, rates to rise more: Poll")
Understanding inflation in the US
Lessons from economics and history need to be applied appropriately by the public authorities to the changing situations
Q1 results preview: Strong order book booster for infra, cap goods firms
Sequentially, numbers likely to decline, since June quarter is seasonally weak
 "Q1 results preview: Strong order book booster for infra, cap goods firms")
Almost 4.5 million UK families are under serious financial difficulties
Of those in serious financial difficulty, 71% have reduced the quality of food they eat, 36% have sold or pawned possessions and 27% have canceled or not renewed insurance
 "Almost 4.5 million UK families are under serious financial difficulties")
India's retail inflation likely held steady just above 7% in June: Poll
The July 4-8 Reuters poll of 42 economists showed inflation as measured by the consumer price index (CPI) was steady at an annual 7.03% in June, versus 7.04% in May
 "India's retail inflation likely held steady just above 7% in June: Poll")
Top Headlines: PSBs shareholding cap, growth of top firms, and more
The central government is seeking to remove the 10 per cent shareholding cap for individuals in public sector banks (PSBs). Read more in our top headlines
 "Top Headlines: PSBs shareholding cap, growth of top firms, and more")
India can reach 8% sustained growth: Ex-NITI Aayog vice-chairman Panagariya
'I fully support the capex push. I do not believe in sector specific interventions', said Panagariya
 "India can reach 8% sustained growth: Ex-NITI Aayog vice-chairman Panagariya")
Inflation may ease gradually in 2nd half of fiscal, says RBI Governor Das
Inflation is a measure of the trust and confidence that the public reposes in the economic institutions of the country, Das said while speaking at the inaugural Kautilya Economic Conclave
 "Inflation may ease gradually in 2nd half of fiscal, says RBI Governor Das")
A major recession in developed countries is unlikely: AIIB chief economist
We will have inflation at an elevated level for some time, says AIIB chief economist Erik Berglof
 "A major recession in developed countries is unlikely: AIIB chief economist")
RBI allows more FPI access to Indian bonds, but returns may not lure flows
Treasury officials believe the move may not work as rising interest rates abroad and high domestic inflation have eroded returns from Indian fixed-income assets
 "RBI allows more FPI access to Indian bonds, but returns may not lure flows")
South Korea to increase tariff-free import items to counter inflation
The government had lifted import duties on 26 major industry and food items, such as cooking oil, pork and liquified natural gas (LNG), earlier this year
 "South Korea to increase tariff-free import items to counter inflation")
Trading volumes to soar in H2 as investors regain confidence: Roop Bhootra
Margin will remain under pressure in Q2, as investors might take time to regain confidence. However, we expect a turnaround in sentiments by Q4-FY23, says CEO - Investment Services of Anand Rathi
 "Trading volumes to soar in H2 as investors regain confidence: Roop Bhootra")
Inflation pushed 71 million people into poverty since Ukraine war
A staggering 71 million more people around the world are experiencing poverty as a result of soaring food and energy prices that climbed in the weeks following Russia's invasion of Ukraine
 "Inflation pushed 71 million people into poverty since Ukraine war")
Nifty regains 16K mark amid easing inflation worries; Sensex up 427 points
Indices end at highest level in nearly a month
 "Nifty regains 16K mark amid easing inflation worries; Sensex up 427 points")
Recession is the best time to invest; put money now: Trideep Bhattacharya
The first six to nine months of this year (till July or August) will see more volatility, and money making would be difficult, says the CIO-Equities of Edewleiss AMC
 "Recession is the best time to invest; put money now: Trideep Bhattacharya")
Navigating India's soft landing
Unless the geopolitical situation worsens considerably, chances of a soft landing are higher in India than in the US
 "Navigating India's soft landing")
Over 6 mn Sri Lankans face food insecurity due to record inflation: UN body
Some 6.26 million Sri Lankans, or three in 10 households, are unsure of where their next meal is coming from, according to the latest food insecurity assessment from the World Food Programme (WFP)
 "Over 6 mn Sri Lankans face food insecurity due to record inflation: UN body")
What RBI's letter to govt on missing inflation target is likely to contain
Failure to keep inflation between 2-6% for three straight quarters will require RBI Governor to explain to FinMin why target was missed, and steps MPC will take to achieve it going forward
 "What RBI's letter to govt on missing inflation target is likely to contain")
Inflation targeting
It should be followed and communicated properly
 "Inflation targeting")
Inflation in South Korea rises to 24-yr high amid soaring energy costs
South Korea's consumer prices rose at the fastest clip in nearly 24 years in June, mainly due to soaring energy costs, government data revealed on Tuesday
 "Inflation in South Korea rises to 24-yr high amid soaring energy costs")