Page 49 - Inflation

Sensex jumps 243 pts on late buying, Nifty reclaims 18,000; RIL gains 2%

CLOSING BELL: The BSE Sensex gained more than 600 points from the day's low; Tech Mahindra, Bharti Airtel and auto shares were the other major gainers on Wednesday.

United Breweries not in high spirits due to increase in input costs

Inflationary environment also poses a risk to consumption and volume growth

India's WPI inflation eases to two-year low of 4.73% in January

In December 2022, wholesale price inflation stood at 4.95 per cent. In January 2021, it was at 2.51 per cent

US inflation rises 0.5% in January, more interest rate hike likely

CPI is up 6.4% from the year-ago period; food and energy boosted the index

Inflation surprise

Latest reading has increased uncertainty

Bonds recoup losses after inflation shock as long-term players step in

Yield on the 10-year benchmark bond closed at 7.37 per cent, versus 7.36 per cent at previous close

US Inflation stays elevated, adding pressure for more Fed hikes

The median estimates in a Bloomberg survey of economists called for a 0.5% monthly advance in the CPI and a 0.4% gain in the core measure

Expense list to loan tenure: How to stay ahead of rising inflation

Maintain adequate allocation for equities in long-term portfolios for financial security

Asian Shares track Wall Street's inflation optimism, yen recoups losses

Japan's currency had weakened on uncertainty surrounding the next governor of the Bank of Japan

Top headlines: Adani hires Grant Thornton, Jio aims 100% 5G coverage

Business Standard brings you the top headlines at this hour

Pakistan to impose new taxes to reach out for IMF loan, avoid default

Cash-strapped and nuclear-armed Pakistan will impose new taxes of 170 billion rupees this month in a bid for a massive bailout, officials and analysts said Monday, even as they warned the new taxes could accelerate the country's spiralling inflation. The dire outlook from economists and political analysts comes after the International Monetary Fund delayed the release of a crucial USD 1.1 billion portion of a 2019 deal worth USD 6 billion, on hold since December over Pakistan's failure to meet the terms. The latest round of the talks between Pakistan and the IMF concluded Friday with the fund recommending steps including imposing new taxes. "The imposition of more taxes means tough days are ahead for the majority of the people in Pakistan who are already facing higher food and energy costs, but there is no other way out if Pakistan needs the IMF loans, and Pakistan desperately needs it," said Ehtisham-ul-Haq, a veteran economist. The stalemate in talks between IMF and Pakistan was .

Love in time of inflation: How much will Valentine's Day set you back?

According to the latest data from Britain's Office of National Statistics, eating at restaurants in December cost 9.4 per cent more than last year

India's inflation higher than peers like Brazil and South Korea

The RBI last week raised its key interest rate by 25 bps to 6.50 per cent

January retail inflation rises to 6.52%, highest since October 2022

In December, the CPI-based inflation was 5.72% with core inflation at 6.10%

Macro data, global cues to guide markets this week, say analysts

Trading activity in the domestic equity markets this week will be largely driven by inflation data, trend in global markets and foreign fund movement, analysts said. Participants will also monitor developments related to the Adani Group crisis, which has been a major overhang recently, they added. "...the movement of crude oil, the dollar index, and US bond yields will be other important factors. The institutional flow will be important as FIIs' selling has come down after relentless selling in January," Santosh Meena, Head of Research at Swastika Investmart Ltd, said. Foreign Institutional Investors (FIIs) offloaded equities worth a net Rs 144.73 crore last week. This week, the market will be awaiting key inflation data from the US and India for clues on the rate hike trajectory of central banks. Retail inflation data for both the US and India is scheduled to be announced on Tuesday. Last week, the Reserve Bank of India (RBI) hiked the key benchmark policy rate by 25 basis point

Four economic trends that will impact India

The Budget reflects the shift globally in government capital expenditure, inflation, fiscal deficit and globalisation

RBI's approach to help set stage for a soft landing

The RBI's caution on inflation and its relatively hawkish position demonstrate its steadfast commitment to achieving the inflation target of 4%

Retaining policy flexibility

Inflation remains a concern for the RBI

Indian households' inflation expectations moderated by 20 basis points: RBI

Indian household's inflation expectations for current period moderated by 20 basis points to 9.6%, while consumer confidence improved further, the RBI's latest round of internal surveys showed

MPC's optimistic growth outlook augurs well for credit demand

The MPC's optimistic growth outlook for H2 FY2024 augurs well for the credit demand for the banking sector as well as the lenders, said Karthik Srinivasan of Icra