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Inflation

  • Economy

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

    by IN Bureau May 15, 2023
    by IN Bureau May 15, 2023

    The Reserve Bank of India (RBI) is closely monitoring the developments in the US, which could default in about a fortnight if the debt ceiling is not increased immediately. The …

  • Economy

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

    by Mahua Venkatesh May 7, 2023
    by Mahua Venkatesh May 7, 2023

    The Shehbaz Sharif government, which has not managed to reach an agreement with the International Monetary Fund (IMF) yet for the resumption of the $6.5 billion loan programme, will be …

  • Economy

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

    by Mahua Venkatesh April 28, 2023
    by Mahua Venkatesh April 28, 2023

    The European Union, hit by surging prices, is likely to push back against further expansion of sanctions against Russia, though the energy crisis has eased significantly with the winter passing …

  • Economy

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

    by Mahua Venkatesh April 23, 2023
    by Mahua Venkatesh April 23, 2023

    As Pakistan battles multiple crises –economic, political and security—all in one go, citizens are getting desperate to leave the country. In 2022, more than 800,000 citizens left the country. Data …

  • Economy

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

    by Mahua Venkatesh April 14, 2023
    by Mahua Venkatesh April 14, 2023

    With retail inflation finally slipping below the Reserve Bank of India’s threshold of 6 per cent to 5.66 per cent in March—the lowest since December 2021, all eyes are now …

  • Economy

    RBI pauses hike in key policy rate bringing cheer to industry

    by Mahua Venkatesh April 6, 2023
    by Mahua Venkatesh April 6, 2023

    The Reserve Bank of India’s (RBI) surprise move to keep interest rates unchanged at 6.5 per cent has brought cheer to the industry as it indicated that the focus may …

  • Economy

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

    by Mahua Venkatesh April 4, 2023
    by Mahua Venkatesh April 4, 2023

    Notwithstanding the external risks, India’s growth continues to be resilient, the World Bank in its latest India Development Update has said. The report noted that despite rising global challenges, which …

  • Economy

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

    by IN Bureau February 20, 2023
    by IN Bureau February 20, 2023

    For Pakistan Prime Minister Shehbaz Sharif, troubles do not seem to be ending. As his government is trying to do all it can to save Pakistan from a default, differences …

  • Economy

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

    by Mahua Venkatesh February 16, 2023
    by Mahua Venkatesh February 16, 2023

    Hunger levels in Pakistan will further rise in the coming months. As the Shehbaz Sharif government thrashed out a harsh diktat–raising fuel prices to meet the International Monetary Fund’s (IMF) …

  • Economy

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

    by IN Bureau February 14, 2023
    by IN Bureau February 14, 2023

    India’s annual inflation rate based on wholesale price index (WPI) fell to 4.73 per cent in January – lowest in 23 months thanks to lower food prices, especially vegetables. Prices …

  • Economy

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

    by IN Bureau January 31, 2023
    by IN Bureau January 31, 2023

    The recovery of the Indian economy from the Covid pandemic is complete and the country’s GDP growth is now poised for higher growth, Chief Economic Advisor V. Anantha Nageswaran said …

  • Economy

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

    by IN Bureau January 31, 2023
    by IN Bureau January 31, 2023

    The Economic Survey tabled in Parliament by Finance Minister Nirmala Sitharaman today has pegged India’s GDP growth rate for 2023-24 between 6 and 6.8 per cent. The growth projection is higher …

  • Economy

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

    by Mahua Venkatesh January 30, 2023
    by Mahua Venkatesh January 30, 2023

    A petrol station in Lahore has been set on fire as hike in fuel prices takes its toll on common people of Pakistan. On Sunday, Pakistan raised fuel and gas …

  • Uncategorized

    US auto loan crisis raises alarm as borrowers may default

    by IN Bureau January 28, 2023
    by IN Bureau January 28, 2023

    A crisis-like situation is brewing in the US with auto loan credit demand declining rapidly and the delinquency figure touching 26.7 per cent in December. Analysts the world over are …

  • Economy

    India’s food inflation amongst lowest in the world

    by Mahua Venkatesh January 14, 2023
    by Mahua Venkatesh January 14, 2023

    Amid the rising global challenges impacting the food sector the most, India’s food inflation in December fell to 4.19 per cent – the lowest in the year and among the …

  • Economy

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

    by IN Bureau January 1, 2023
    by IN Bureau January 1, 2023

    As the year 2022 came to a close, India became the main outlet for Russian seaborne Urals. According to Hellenic Shipping News, until December 26, Urals loadings to Asia were …

  • Economy

    RBI hikes rates, reduces GDP growth forecast

    by IN Bureau December 7, 2022
    by IN Bureau December 7, 2022

    The Reserve Bank of India (RBI) today hiked the repo rate – the rate at which banks borrow from the central bank—by 35 basis points, which was on expected lines. …

  • Economy

    Modinomics is working for India as economies slow worldwide

    by IN Bureau November 3, 2022
    by IN Bureau November 3, 2022

    India’s continued focus on reforms and infrastructure development has enabled the country to strengthen its economic fundamentals and push GDP growth.  In October, the S&P Global purchasing managers’ index or …

  • Economy

    Pakistan society has become inherently intolerant: former FM

    by IN Bureau October 20, 2022
    by IN Bureau October 20, 2022

    Miftah Ismail, Pakistan’s former Finance Minister who resigned recently, said that in the last 75 years, the country has “built a society which was inherently intolerant.” He also said that …

  • Economy

    Inflation expected to ease as global oil prices dip, focus is now on growth

    by Mahua Venkatesh September 27, 2022
    by Mahua Venkatesh September 27, 2022

    India is expected to shift its focus back on economic growth even as inflation inched upward touching the uncomfortable 7 per cent mark in August up from 6.7 per cent …

  • World

    Has IMF’s war on fuel subsidies pushed Sheikh Hasina of Bangladesh in a tight spot?

    by Mahua Venkatesh August 8, 2022
    by Mahua Venkatesh August 8, 2022

    <p> <strong>Bangladesh’s sudden decision to hike fuel prices by about 50 per cent at one stroke– the highest since independence — at a time when global crude prices are easing …

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