Inflation

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

Russia announces further reduction of energy exports to Europe, causing worries for EU nations

The European Union, hit by surging prices, is likely to push back against further expansion of sanctions against Russia, though…

1 year ago

Pakistan’s brain drain turns alarming as educated queue up to leave

As Pakistan battles multiple crises –economic, political and security—all in one go, citizens are getting desperate to leave the country.…

1 year ago

With inflation easing, should RBI now focus on India’s growth story?

With retail inflation finally slipping below the Reserve Bank of India’s threshold of 6 per cent to 5.66 per cent…

1 year ago

RBI pauses hike in key policy rate bringing cheer to industry

The Reserve Bank of India’s (RBI) surprise move to keep interest rates unchanged at 6.5 per cent has brought cheer…

1 year ago

Indian is still among world’s fastest growing economies, says World Bank

Notwithstanding the external risks, India’s growth continues to be resilient, the World Bank in its latest India Development Update has…

1 year ago

Inflation in Pakistan reaches all time high of 46%

Short-term inflation, measured by the Sensitive Price Index (SPI), reached an all-time high of 46.65 per cent year-on-year for the…

1 year ago

US Fed, undaunted by recent banking problems, raises interest rate

Washington: The US Federal Reserve on Wednesday raised interest rate by 25 basis points, which is modest compared to previous…

1 year ago

What’s in store for Pak PM Shehbaz Sharif after steep price hike?

For Pakistan Prime Minister Shehbaz Sharif, troubles do not seem to be ending. As his government is trying to do…

1 year ago

Pakistanis face prospects of hunger as Sharif bows to IMF, hikes fuel prices

Hunger levels in Pakistan will further rise in the coming months. As the Shehbaz Sharif government thrashed out a harsh…

1 year ago

India’s WPI inflation falls to 4.73%, lowest in 23 months

India’s annual inflation rate based on wholesale price index (WPI) fell to 4.73 per cent in January – lowest in…

1 year ago

India’s economy has recovered from Covid and is poised to do better, says CEA

The recovery of the Indian economy from the Covid pandemic is complete and the country’s GDP growth is now poised…

1 year ago

Economic Survey pegs India’s GDP growth at 6 to 6.8% for 2023-24

The Economic Survey tabled in Parliament by Finance Minister Nirmala Sitharaman today has pegged India’s GDP growth rate for 2023-24…

1 year ago

Lahore petrol station set on fire as fuel price hike hits common people in Pakistan

A petrol station in Lahore has been set on fire as hike in fuel prices takes its toll on common…

1 year ago

US auto loan crisis raises alarm as borrowers may default

A crisis-like situation is brewing in the US with auto loan credit demand declining rapidly and the delinquency figure touching…

1 year ago

India’s food inflation amongst lowest in the world

Amid the rising global challenges impacting the food sector the most, India’s food inflation in December fell to 4.19 per…

1 year ago

India becomes Russia’s key oil export market as fallout of Ukraine war

As the year 2022 came to a close, India became the main outlet for Russian seaborne Urals. According to Hellenic…

1 year ago

RBI hikes rates, reduces GDP growth forecast

The Reserve Bank of India (RBI) today hiked the repo rate – the rate at which banks borrow from the…

1 year ago

World Bank pegs India’s growth rate at 6.9%, up from the earlier 6.5%

The World Bank has revised India's 2022-23 GDP growth forecast upward to 6.9 per cent from the earlier estimate of…

1 year ago

Modinomics is working for India as economies slow worldwide

India’s continued focus on reforms and infrastructure development has enabled the country to strengthen its economic fundamentals and push GDP…

2 years ago

Pakistan society has become inherently intolerant: former FM

Miftah Ismail, Pakistan’s former Finance Minister who resigned recently, said that in the last 75 years, the country has “built…

2 years ago