Page 72 - Inflation

Amid high inflation, surge in services demand helps steady India's economy

The indicators showed sentiment in the services sector -- which accounts for over 50% of the $3.2 trillion economy -- was upbeat, tax revenue were robust and demand for loans high.

State govts step up relief measures for households battling inflation

Kerala distributed a package of free food items costing about 450 rupees ($5.70) each to over 8 million families during the Onam festival earlier this month.

JPMorgan and BofA cautious on job cuts as Goldman Sachs' layoffs loom

As the risk of recession looms and the Federal Reserve raises interest rates to curb inflation, deal markets have dried up

RBI Sept monetary policy review: Another 35-50 bps repo rate hike on cards

Terminal repo rate seen at 6%; interest cost for retail, MSMEs went up by Rs 42,000 crore says SBI report

Fed expected to stick to aggressive rate hikes as inflation stays hot

A 75 bps increase at the Fed's Sept. 20-21 meeting would put the policy target in the 3%-to-3.25% range, above the level that most policymakers believe will start biting into economic growth

Pace of rate hikes by RBI should be calibrated from here on: Ashima Goyal

"We need to be very careful that growth is not snuffed out and we don't go into another decade of slowdown," Goyal told Reuters in an interview on Tuesday.

Inflation not a 'red-letter priority' for FM: Chidambaram slams Sitharaman

Taking to Twitter, the veteran Congress leader said: "Only a few days ago, the Honourable FM said that inflation was not a "red-lettered priority" for her"

A soft landing is a more likely scenario for the global economy: JPMorgan

"Economic data and investor positioning are more important factors for risky asset performance than central bank rhetoric," the strategists wrote. "We maintain a pro-risk stance"

RBI's expected soft landing for India means fast, if not fastest, growth

Economists see Reserve Bank of India Governor Shaktikanta Das and his monetary policy panel colleagues to begin dialing down the pace of interest-rate hikes this month

Rise in retail inflation due to high food prices, adverse base effect: Govt

Inflation in "oils and fats" and"pulses and products" have moderated to 5.62 per cent and 2.52 per cent, respectively, the Finance Ministry pointed out

Rupee ends 6 paise up against dollar at 79.52 ahead of inflation data

Brent crude oil prices were at $93.78 a barrel by the closing of Indian market hours

RBI's policy decisions been in right direction, says Ashima Goyal

Headline retail inflation was at 6.71% in July; it was the first time in four months that the price gauge printed below 7%

Gold price ticks up as dollar slips, US inflation data in investors' focus

While gold is traditionally considered an inflation hedge, rate hikes translate into a higher opportunity cost for holding bullion, which pays no interest

Retail prices may continue to remain elevated even as wholesale prices ease

With wholesale prices galloping in double-digits since April last year, companies found themselves in a fix, raise prices too much and hurt a nascent recovery in demand or absorb costs and take a hit

S&P affirms State Bank of India's 'BBB-' rating on improving asset quality

The rating agency also affirmed the short-term issuer credit rating 'A-3' and maintained stable outlook for the rating

Global recovery is sending flares as manufacturing takes a hit in Asia

All the attention devoted to inflation slaying is muting some disturbing signs on the growth side of the equation

An $83 billion investor stampede shows scale of Europe's woes

Europe's woes have grown particularly acute in recent months as the region stares down the threat of a recession just as its central bank embarks on an aggressive campaign to tame inflation

Yellen says no strong labour market in long run if inflation stays high

"The Fed is going to need great skill and also some good luck to achieve what we sometimes call a soft landing," Yellen said Sunday in an interview on CNN's "State of the Union"

Time-starved investors must stick to index funds

While Amit had stayed invested for a long time, avoided leverage, and shunned investment-cum-insurance policies, unplanned investments and mindless diversification had produced a disappointing outcome

Greek PM announces more measures to tackle energy crisis, inflation

Greek PM Kyriakos Mitsotakis has announced a package of measures including raising the minimum wage and pensions to further help households and businesses tackle the energy crisis and high inflation