Escalation of conflict in West Asia poses bigger threat to retail inflation in India

[ad_1] Retail inflation has got new prominent threat – rise in fuel prices. With further flare up in tension after Iran fired missiles on Israel, the apprehension is that if situation further aggravate and sustain for some time, then crude...

Sensex, Nifty tank 1% after record-breaking rally as US inflation data play spoilsport

[ad_1] Benchmark equity indices Sensex and Nifty plunged by 1 per cent on Friday as investors booked profits after a recent record-breaking rally amid weak trends from Asian markets.The 30-share BSE Sensex tanked 793.25 points or 1.06 per cent to...

Inflation likely to come down below 5% in March

[ad_1] Retail inflation based on Consumer Price Index (CPI) is expected to have come down below 5 per cent in March. Official announcement about the headline number and retail food inflation will be made public at 5.30 pm on Friday.Also...

As US inflation ticks back up, it could impact the presidential election

[ad_1] Wednesday’s “disappointing” inflation data in the United States showed a jump from February, dampening expectations of an interest rate cut and raising concerns that inflation could remain stubbornly high. The data has implications not just for the US Federal...

Uday Kotak sounds alarm bells on global economy; says US Fed may postpone rate cuts, China the ‘only wild card’

[ad_1] Veteran banker Uday Kotak took to platform X on Thursday to warn investors of possible global turbulence, citing several factors.The former MD and CEO of Kotak Mahindra Bank hinted that the US Fed may postpone rate cuts to later,...

Centre tells States to enforce weekly stock disclosure of pulses

[ad_1] The Centre on Wednesday directed all States and Union Territories to enforce weekly stock disclosure of pulses by all stock-holding entities and verify the stocks declared by them. Stocks in warehouses located in major ports and in pulses industry...

MPC keeps repo rate unchanged at its 1st meeting of FY25

[ad_1] RBI Governor Shaktikanta Das addresses during a press conference regarding the monetary policy decisions, in Mumbai on Friday | Photo Credit: ANI The RBI’s rate setting panel, as was widely anticipated, stood pat on the policy repo rate in...

Food price uncertainties to weigh on inflation trajectory, RBI retains FY’25 forecast at 4.5%

[ad_1] The Reserve Bank on Friday said that food price uncertainties will continue to weigh on the inflation trajectory going forward, even as it retained 4.5 per cent retail inflation projection for the current fiscal.Also read: RBI to allow UPI...

Will the US unemployment rate continue at historic lows?

[ad_1] All eyes will be on Friday’s US unemployment numbers to see how many jobs were added in March and whether the unemployment rate continues to stay in its historically low range or if it is time for the alarm...

World Bank projects Indian economy to grow at 7.5% in 2024

[ad_1] The Indian economy is projected to grow at 7.5 per cent in 2024, the World Bank has said, revising its earlier projections for the same period by 1.2 per cent. Overall, growth in South Asia is expected to be...
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