In the short-term, Wood suggests that investors should sell stocks on a rally. The bet for a sustained equity market rally before 2022 end is a possible change in the US Fed's language, he said
Like its international peers, the Reserve Bank of India is expected raise rates aggressively over the next year to take some of the heat out of prices
CLOSING BELL: Select IT, metals, and pharma stocks helped the headline indices recover from the day's low
CLOSING BELL: The top laggards were Bajaj Finserv, IndusInd Bank, Bajaj Finance, Hindalco, Tech M, Tata Motors, ICICI Bank, Adani Ports, NTPC, and TCS
Markets are again reeling under tremendous pressure across the globe following sticky inflation that could prompt swift actions by the apex banks ahead, say analysts
RBI expects the inflation-inflicted pain to last for three more quarters as it raised the repo rate. However, the forecast of normal monsoon may take pressure off the RBI as it will cool off inflation
RBI Governor Shaktikanta Das said the government is "mindful" of the current inflation situation, and it is up to the Centre to take further supply-side measures to contain the price rise situation
Though Indian farmers may have gained from higher than usual inflation in crop prices, they have also had to pay more for their inputs and other items of consumption and service
RBI Guv Shaktikanta Das on Wednesday said the govt is "mindful" of the current inflation situation, and it is up to the Centre to take further supply-side measures to contain the price rise situation.
Rashtriya Janata Dal chief Lalu Yadav on Sunday launched a scathing attack against the ruling Bharatiya Janata Party at the Centre and alleged that the country is "heading towards civil war".The former Bihar CM also called upon the people to unite against inflation and unemployment."The way BJP is working, the country is moving towards civil war. I call upon the people to unite against inflation, unemployment & corruption in the country. We've to fight united & we'll win," Lalu said at the Sampoorna Kranti Diwas while addressing virtually.Lalu also appealed to the secular forces to unite and fight together."We do not have to back off," he said.Meanwhile, Lalu was granted bail in the Rs 139.35-crore illegal withdrawal from Doranda Treasury by the Jharkhand High Court in April. The case is related to the fodder scam.In February, a special Central Bureau of Investigation (CBI) court in Ranchi held RJD chief and former Bihar Chief Minister Lalu Prasad guilty of fraudulent ...
The surge in inflation is largely driven by rising fuel and food prices, government data showed
Customers pay less after six months for but transport companies feel the pinch of inflation.
Inflation is affecting demand and margins
Surplus to government fell due to large transfer to Contingency Fund
RBI stressed that the future path of growth would be conditioned by addressing supply-side bottlenecks, calibrating monetary policy to bring down inflation and boosting capital spending
In its update to Global Macro Outlook 2022-23, Moody's said high-frequency data suggests that the growth momentum from December quarter 2021 carried through into the first four months this year
Sharply rising prices are hitting older people the world over as global supply problems caused by the pandemic -- and made worse by the Ukraine war -- propel food and fuel costs higher
Curbing the tax could be one of the limited options available for the government to reduce surging vegetable oil prices in the world's second most-populous nation
Over the longer term, India's highly negative credit exposure to physical climate risks means its economic growth will become more volatile
A day after the government cut excise duty on petrol and diesel, the Congress on Sunday accused the BJP of resorting to "trickery" to create an "optical delusion''