Page 98 - Latest Updates on Inflation
Sri Lanka inflation surges to 21.5% in March 2022 amid economic crisis
Consequently, the food inflation also increased from 24.7 per cent last month to 29.5 per cent for March
 "Sri Lanka inflation surges to 21.5% in March 2022 amid economic crisis")
Pakistan govt's gross debt to be 71.3% of GDP in 2022: IMF projection
The report has projected government expenditure at 18.4 per cent of the GDP in 2022 and 17.1 per cent in 2023 compared to 18.6 per cent in 2021
 "Pakistan govt's gross debt to be 71.3% of GDP in 2022: IMF projection")
Global growth hit by prolonged inflation, supply chain disruptions: FM
Under the Indonesia presidency, the Union Finance Minister at G20 said that it is well placed to catalyse international policy coordination to deal with macroeconomic consequences
 "Global growth hit by prolonged inflation, supply chain disruptions: FM")
Retail inflation for farm, rural workers rises to 6.09%, 6.33% in March
The major contribution towards the rise in the general index of agricultural labourers and rural labourers came from the clothing, bedding and footwear group
 "Retail inflation for farm, rural workers rises to 6.09%, 6.33% in March")
IMF says governments must protect vulnerable 'when things fall apart'
IMF Fiscal Affairs Director Vitor Gaspar said poor households spent up to 60% of their budgets on food, compared to just 10% for the average household in advanced economies
 "IMF says governments must protect vulnerable 'when things fall apart'")
34% of Pakistan's population lives on income of Rs 588 a day: World Bank
The poor spend around 50% of their total consumption on food items, the World Bank said in the report released on Tuesday
Factors that could slow down the spawning of Indian unicorns in 2022
Apart from Fed rate hike, inflation and Russia-Ukraine war, it is the challenges within the soonicorn ecosystem that could spoil the billion-dollar party for many enterprises.
 "Factors that could slow down the spawning of Indian unicorns in 2022")
Floater funds back in focus as interest rates are all set to climb
They are best suited among the bouquet debt funds to sail through volatility in debt markets, say industry players
 "Floater funds back in focus as interest rates are all set to climb")
Wholesale inflation in March surges to second highest since 2004
This surge comes as commodity prices harden amid the Russia-Ukraine offensive
 "Wholesale inflation in March surges to second highest since 2004")
Focus on CPI inflation
Exchange rate stabilisation will import high tradeables inflation into India
 "Focus on CPI inflation")
Pakistan increases power tariff by Rs 4.8 per unit amid rising inflation
Former Pakistan PM Imran Khan lost power after he lost a no-confidence vote on the issues of inflation and the worsening economic situation of the country
 "Pakistan increases power tariff by Rs 4.8 per unit amid rising inflation")
Tier-2 IT firms face sharper downgrades with clients likely to pare spends
Margin pressure and valuation premium point to downside for stocks
 "Tier-2 IT firms face sharper downgrades with clients likely to pare spends")
Indian economy looks better than others, but don't raise a cheer just yet
The comparative numbers spell bad news for the world rather than any good news for India, whose growth forecasts are getting tempered even as the inflation picture is getting worse, writes T N Ninan
Gold dips, but set for weekly gain on safe-haven demand
Although gold is considered a hedge against inflation and geopolitical risks, interest rate hikes raise the opportunity cost of holding non-yielding bullion
 "Gold dips, but set for weekly gain on safe-haven demand")
Amazon adds 5% 'fuel and inflation surcharge' to third-party seller fees
Amazon is taking a step to offset its rising costs, announcing it will add a 5% fuel and inflation surcharge to fees it charges third-party sellers who use the e-commerce giant's fulfillment services.
 "Amazon adds 5% 'fuel and inflation surcharge' to third-party seller fees")
Turkey's central bank keeps key interest rate steady amid high inflation
In a statement following a monetary policy committee meeting, the bank said it was keeping its policy rate constant at 14 per cent
 "Turkey's central bank keeps key interest rate steady amid high inflation")
Gold set for weekly gain as Ukraine crisis and inflation lift appeal
Gold has gained about 1.4% so far in the week. Most markets will be closed on Friday for a holiday
 "Gold set for weekly gain as Ukraine crisis and inflation lift appeal")
Inflation to debt: The economic mess Imran Khan leaves Pakistan in
Pakistanis got poorer under Khan's watch, with the future holding little promise
 "Inflation to debt: The economic mess Imran Khan leaves Pakistan in")
Global equities rise despite inflation forecasts, oil price climbs
Global investor optimism lifted shares on Wednesday despite blurry inflation forecasts as bank earnings and oil supply concerns boosted trading sentiment.
 "Global equities rise despite inflation forecasts, oil price climbs")
Top headlines: Four rate hikes likely in FY23, 'Tata Neu' an instant hit
Business Standard brings you the top headlines this morning
 "Top headlines: Four rate hikes likely in FY23, 'Tata Neu' an instant hit")