Page 22 - Inflation

Unemployment, inflation, 'bhagidari' crucial issues for country: Rahul

Congress leader Rahul Gandhi on Wednesday said unemployment, inflation and "bhagidari" were crucial issues that the country was facing, and accused the Centre of diverting the attention of people from the real problems. Interacting with people at Dondaicha village in Dhule district of Maharashtra during his Bharat Jodo Nyay Yatra, Gandhi said conducting a caste census will be a historic and revolutionary step. Gandhi and the Congress have been repeatedly assuring that if his party forms a government at the Centre, it would carry out a caste census. "Economic and financial survey will be the next step and I will do it. Dalits, poor people from the general category, minorities and tribals will know where they stand. Unemployment, inflation and 'bhagidari' (share) are crucial issues that the country is facing," he said. Gandhi claimed that media, the Election Commission, bureaucracy, private hospitals, educational institutions have no representation from the poor from general ...

Govt bond yields seen higher tracking US peers on inflation uptick

The benchmark 10-year yield is expected to drift in the 7.03 per cent-7.07 per cent range, following its previous close of 7.0274 per cent, a trader with a private bank said.

Medical inflation driving up ticket sizes for retail health insurers

Rising healthcare costs lead to adjustments in insurance premiums, driving up average ticket sizes, say industry players

US inflation tops Feb forecasts, reinforcing Fed's cautious approach

The so-called core consumer price index, which excludes food and energy costs, increased 0.4% from January, according to government data out Tuesday. From a year ago, it advanced 3.8%

JPMorgan's CEO urges US Fed to wait past June before cutting rates

Markets see an 84% probability the Fed will lower rates in June and have priced in 90 basis points of cuts for the year

China's consumer prices up first time in 6 months on Lunar New Year gains

The consumer price index (CPI) climbed 0.7% year-on-year in February, data from the National Bureau of Statistics (NBS) showed on Saturday

ECB keeps rate unchanged at 4%, may cut in June with 2% inflation in sight

The ECB's latest quarterly outlook offered strong encouragement, putting inflation at 2.3% this year and revising the 2025 forecast down to 2%. For 2026, it's still seen at 1.9%

Feb consumer price inflation forecast to edge down to 4-month low: Poll

Rises in food prices, which make up almost half of the consumer price index (CPI) basket and experience sharp swings often due to uneven monsoons, have recently outpaced overall inflation

Key issues like unemployment, inflation find no place in media: Rahul

Congress leader Rahul Gandhi on Monday claimed unemployment and inflation are the major challenges in the country, but these issues do not find a place in the media. Addressing gatherings as part of the Bharat Jodo Nyay Yatra, which resumed from Shivpuri in Madhya Pradesh after a one-day break, Gandhi accused the media of diverting the people's attention by harping on China, Pakistan, cricket, and Bollywood. Gandhi claimed the media was busy covering the marriage in the Ambani family but has no time to cover key issues. "The country is facing three major challenges, namely unemployment, inflation and corruption, but they have disappeared from the media. They (media) will not show you these issues but they will divert your attention by asking you to look at China, Pakistan, cricket, or Bollywood," he alleged. Why the media is showing Ambani's marriage 24 hours? he asked apparently referring to the pre-wedding bash of Anant Ambani-Radhika Merchant in Jamnagar. Since the media is ...

At 4.3% in FY25, inflation may head lower than RBI forecast, estimates CMIE

Cost of housing, tobacco and other intoxicants among those bucking the trend

Markets hit fresh highs as bulls rejoice GDP boost; Sensex up 1.7%

Nifty sees 6th new high in 2 months

European inflation eases to 2.6% on falling energy prices, food inflation

The inflation that has ravaged the European economy eased again in February, falling to 2.6 per cent as high interest rates, moderating oil and gas prices, and sluggish growth held back price increases in stores. February's figure for the 20 countries that use the euro currency compares to 2.8 per cent from January, the European Union's statistical agency Eurostat said Friday. Inflation is now far below its peak of 10.6 per cent in October 2022, which it hit after Russia cut off most supplies of natural gas and sent energy prices through the roof. But the return of inflation to 2 per cent, the goal set by the European Central Bank, is taking time. Food inflation eased to 4 per cent from 5.6 per cent, offering some relief to people on modest incomes who spend more of their pay on necessities than the well-off. Another factor was energy prices, which fell by 3.7 per cent. One key sign that inflation is losing steam was so-called core inflation, which excludes swings in food and fuel

Bitcoin barrels to best month since 2020, Wall Street points up after PCE

It is set for its biggest monthly gain in more than three years and at $62,315 in Europe on Thursday is within range of its late 2021 record high just under $69,000

US inflation increases in line with June interest rate cut expectations

That was the smallest year-on-year increase since February 2021 and followed a 2.6% advance in December

World economy has growing chance of pulling off soft landing: G20

The statement reflects a relatively upbeat view of a global economy that's struggled in recent years to overcome the impact of the pandemic, soaring inflation and a sharp increase in interest rates

Indian economy still growing below its potential, says Jayanth R Varma

Varma says if the economy is not overheating, there is no need of a high real interest rate, which can choke growth

RBI MPC minutes: Caution stays in last leg of fight against inflation

Patra said it was only when the inflation rate subsided and stayed close to the target lastingly that policy restraint could be eased

Premature move on monetary policy could hurt inflation efforts: RBI Guv

The Reserve Bank of India's job to bring down inflation is not over, and any premature move on the policy front could undermine the success achieved so far on the price situation, according to RBI Governor Shaktikanta Das. According to the minutes of the February Monetary Policy Committee (MPC) meeting released by the central bank on Thursday, Das had said at this juncture, monetary policy must remain vigilant and "not assume that our job on the inflation front is over". He stressed that the MPC must remain committed to successfully navigate the "last mile" of disinflation that can be sticky. Das made the remarks while voting for status quo in the key interest rate earlier this month. "As markets are front-running central banks in anticipation of policy pivots, any premature move may undermine the success achieved so far," the governor said, as per the minutes.

BOJ Governor Kazuo Ueda keeps upbeat view on inflation, wage outlook

He added that Japan was in a "state of inflation," rather than deflation, and is likely to see prices keep rising

Higher sales tax drives Sri Lanka inflation to 6.5% in January, shows data

The National Consumer Price Index (NCPI) captures broad retail price inflation and is released with a lag of 21 days every month