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Page 52 - Inflation

Step out of your homes against inflation, unemployment: Congress Prez

Kharge said Rahul Gandhi is standing against the hatred and appealed to the people to join his mega walkathon

Step out of your homes against inflation, unemployment: Congress Prez
Updated On : 18 Jan 2023 | 1:11 PM IST

Inflation may be past peak but cost of living crisis far from over: Experts

Inflation is likely to have reached its peak in 2022 but there is no end in sight for the cost of living crisis, experts said on Tuesday. Speaking at a panel discussion during the World Economic Forum Annual Meeting 2023 here, they said those on low income and in the developing world will be grappling with high prices for years to come. Gita Gopinath, Deputy Managing Director of the International Monetary Fund, said, "we do believe that, in terms of headline inflation for the global economy, we think it peaked in 2022." Participants agreed that inflation is inextricably linked to the cost of living crisis and tackling inflation is key to easing the cost crunch in the long run. However, Gopinath warned, "even if inflation comes down, prices are high because we don't have deflation, we have lower levels of inflation. The prices have gone up. How much of an impact that has had on households and on consumption varies across countries." German Finance Minister Christian Lindner highlig

Inflation may be past peak but cost of living crisis far from over: Experts
Updated On : 17 Jan 2023 | 11:55 PM IST

India's rising home prices, rentals a new inflation threat: Analysis

Urban housing inflation rose to 4.47% year-on-year in December 2022

India's rising home prices, rentals a new inflation threat: Analysis
Updated On : 17 Jan 2023 | 1:31 PM IST

Hit by Ukraine war, inflation, global jobs growth will halve in 2023: ILO

Global employment growth is expected to slow down sharply to 1% this year compared to 2% in 2022, hit by the economic fallout of the war in Ukraine, inflation and tighter monetary policy, the ILO said

Hit by Ukraine war, inflation, global jobs growth will halve in 2023: ILO
Updated On : 16 Jan 2023 | 11:25 PM IST

Rising prices of non-perishables may not allow food inflation to cool soon

Inflation being driven by cereals, spices, milk, prepared meals and snacks

Rising prices of non-perishables may not allow food inflation to cool soon
Updated On : 16 Jan 2023 | 11:09 PM IST

WPI inflation cools to 22-month low of 4.95% in Dec as food prices fall

In November 2022, wholesale price inflation stood at 5.85 per cent. In December 2021, it was at 14.27 per cent

WPI inflation cools to 22-month low of 4.95% in Dec as food prices fall
Updated On : 16 Jan 2023 | 11:06 PM IST

US interest rate-cut expectations have yellow metal shining bright

Mild recession, low inflationary pressures in the US and a stronger rupee would act as headwinds

US interest rate-cut expectations have yellow metal shining bright
Updated On : 16 Jan 2023 | 10:06 PM IST

WPI inflation falls to 4.95% in December from 5.85% in previous month

Inflation in manufactured products was 3.37 per cent during the month

WPI inflation falls to 4.95% in December from 5.85% in previous month
Updated On : 16 Jan 2023 | 12:35 PM IST

Indices rebound after 3-day decline on easing inflation; Sensex up 303 pts

The 30-share BSE Sensex rose by 303.15 points or 0.51 per cent to settle at 60,261.18. During the day, it jumped 460.23 points or 0.76 per cent to 60,418.26

Indices rebound after 3-day decline on easing inflation; Sensex up 303 pts
Updated On : 13 Jan 2023 | 11:11 PM IST

Crypto wrap: Market recovers after weeks due to softening of inflation

The US inflation cooled down to 6.5% in December as compared to a year ago

Crypto wrap: Market recovers after weeks due to softening of inflation
Updated On : 13 Jan 2023 | 7:33 PM IST

Yen jumps as markets test Bank of Japan, inflation retreat lifts stocks

A wave of emergency BOJ buying later reined the yield back in, but markets remained jumpy

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Updated On : 13 Jan 2023 | 6:33 PM IST

Sensex ends 303 pts higher fueled by Infosys, ICICI Bank; Nifty near 17950

CLOSING BELL: Within sectors, barring consumer durables, PSB and Metal indices on the Nifty logged in most gains, up over 1 per cent each, followed by IT and financial pockets

Sensex ends 303 pts higher fueled by Infosys, ICICI Bank; Nifty near 17950
Updated On : 13 Jan 2023 | 3:37 PM IST

IMF chief expects to keep 2023 global growth forecast steady at 2.7%

IMF Managing Director Kristalina Georgieva said 2023 would be another "tough year" for the global economy, and inflation remained stubborn, but she did not expect another year of successive downgrades

IMF chief expects to keep 2023 global growth forecast steady at 2.7%
Updated On : 13 Jan 2023 | 7:06 AM IST

Best of BS Opinion: The perennially ruling party, 'Crewed' lessons & more

Here is the best of Business Standard's opinion pieces for today

Best of BS Opinion: The perennially ruling party, 'Crewed' lessons & more
Updated On : 13 Jan 2023 | 6:30 AM IST

Energy crisis driving inflation, slowing GDP, creating social turmoil: WEF

The report has proposed 10 key actions to align immediate responses with long term goals and a framework to prioritise energy security for a just and sustainable energy transition

Energy crisis driving inflation, slowing GDP, creating social turmoil: WEF
Updated On : 12 Jan 2023 | 11:36 PM IST

GM Mustard won't solve India's edible oil import problem, says Ashok Gulati

Gulati says he is in support of GM mustard, but to say that it will solve India's problem of edible oil imports is a stretch

GM Mustard won't solve India's edible oil import problem, says Ashok Gulati
Updated On : 12 Jan 2023 | 11:03 PM IST

Conflict and inflation: Indian realities

Policymakers must be wary of using frameworks tailored by rich countries to address rich country problems when crafting India's inflation-control strategy

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Updated On : 12 Jan 2023 | 10:42 PM IST

At 4% of GDP, household financial savings touch 30-year low; consumption up

In FY22, savings stood at 7.3 per cent. This fall in savings indicates an increase in consumption

At 4% of GDP, household financial savings touch 30-year low; consumption up
Updated On : 12 Jan 2023 | 1:52 PM IST

Global economy 2023: How countries are tackling the cost of living crisis

Inflation increased significantly in the US in late 2021 and early 2022, reaching levels higher than at any time in the last 40 years

Global economy 2023: How countries are tackling the cost of living crisis
Updated On : 12 Jan 2023 | 12:28 PM IST

RBI not seen taking eye off inflation as prices may stay sticky in 2023

'Govt to continue fiscal prudence,' say bankers at book launch of Roller Coaster - An Affair with Banking by veteran journalist Tamal Bandyopadhyay

RBI not seen taking eye off inflation as prices may stay sticky in 2023
Updated On : 11 Jan 2023 | 12:10 AM IST