Inflation

S&P raises forecast for India’s GDP growth

S&P Ratings has raised its forecast for India’s GDP growth during the current financial year to 6.4 per cent from…

5 months ago

Headline inflation under control due to LPG price cut, vegetable price correction: Govt

While GDP growth remains on track in 2023-24, the declining trend in headline inflation was briefly interrupted in the second…

6 months ago

Can Nawaz Sharif’s return turn around Pakistan’s free-fall economy?

Pakistan, with an inflation rate of 31.4 per cent year-on-year in September, is among the worst affected countries battling surging…

7 months ago

Pakistan’s massive fuel hike comes as a shocker, may trigger social unrest

Barely a day after Pakistan’s interim Finance Minister Shamshad Akhtar claimed that the economy in the cash starved nation was…

7 months ago

With fresh crops hitting the markets, is India’s retail inflation set for a sharp decline?

India’s retail inflation measured by consumer price index (CPI), which drastically eased to 6.83 per cent in August from 7.44…

8 months ago

Govt may cut petrol, diesel price by Rs 3-5 a litre around Diwali

Following the recent cut in domestic LPG prices, the Central government may cut petrol, diesel price by Rs 3-5 a…

8 months ago

Pakistanis enraged after caretaker PM says furore over electricity bills is overblown

Public anger in Pakistan is growing like wild fire with the rapidly deteriorating economic. The recent spike in electricity bills…

8 months ago

Pakistan stares at the abyss as IMF conditionalities bite, social unrest also begins to simmer

Pakistan’s political turmoil with a likely delay in general elections has once again led to deepening economic crisis with the…

8 months ago

India’s food inflation set to ease as fresh crops start coming into the markets

Food inflation in India is likely to ease in the next couple of months as supplies of many crops including…

8 months ago

India taps Nepal and Bhutan to ease food shortages, defines roadmap to collar inflation

With the inflation based on the consumer price index touching 7.44 per cent in July up from 4.87 per cent…

9 months ago

PM Modi pledges resolute steps to fight inflation in his Independence Day address

Prime Minister Narendra Modi, while addressing the nation on the 77th Independence Day speech, took the opportunity to take up…

9 months ago

China’s export-led growth model in trouble amid tepid domestic demand

China’s exports drop of 14.5 per cent in July – the biggest since the outbreak of the Covid 19 pandemic,…

9 months ago

Will Pakistan follow India’s demonetisation example amid black money surge?

Amid multiple economic challenges, the steady increase in the physical money supply in Pakistan is starting to haunt the Shehbaz…

9 months ago

Pakistan’s middle class braces for tough times amid IMF conditionalities and upcoming elections

Even as Pakistan’s annual inflation rate eased to 29.4 per cent in June -- for the first time in seven…

10 months ago

India’s food prices likely to remain in control as monsoon advances well

As India’s consumer price index (CPI) eased to 4.25 per cent in May – a 25 month low--the country’s food…

11 months ago

Retail inflation falls 2-year low during May in big relief to consumers

India's retail inflation slowed to a more than two-year low of 4.25% in May as food prices eased during the…

11 months ago

Pakistan’s food stocks run low as production dwindles, imports are blocked

Pakistan’s wheat imports have been rising amid slowing production. Rampant hoarding of the grain has further deepened the flour crisis…

11 months ago

India’s sowing of kharif crops on course despite concerns over monsoon

Sowing of crops during the Kharif season, which begins in June, is expected to be normal even as concerns over…

11 months ago

Beating expectations India grows at 7.2% in 2022-23, records higher growth rate than China for 2 consecutive years

India’s economy grew at 7.2 per cent in 2022-23 driven by an expansion in the services sector and investments. Beating…

11 months ago

India may not be severely impacted even if US defaults, RBI closely monitoring situation

The Reserve Bank of India (RBI) is closely monitoring the developments in the US, which could default in about a…

12 months ago

Pakistan’s misery continues as IMF goes micro, links loan with deep cleansing of economy

The Shehbaz Sharif government, which has not managed to reach an agreement with the International Monetary Fund (IMF) yet for…

12 months ago