Inflation

<p> <strong>Sri Lanka’s unprecedented economic crisis will not end anytime soon. While talks have resumed between Colombo and the International Monetary Fund (IMF), it could take a few months before …

<p> <strong>Global semiconductor revenue is projected to slow down to 7.4 per cent this year, down from 2021 growth of 26.3 per cent, while chip sales from PCs are likely …

<p> <strong>Amid soaring inflation in the Euro area, the European Central Bank (ECB) raised interest rates. This is the first time since 2011 that interest rates have been increased.</strong></p> <p> …

<p> <strong>The severe heatwave in Europe could dent crop production at a time when the continent is already reeling under inflationary pressure driven by acute energy shortage. To add to …

<p> <strong>After weeks of hectic negotiations, the International Monetary Fund (IMF) has finally agreed to provide $1.17 billion to cash strapped Pakistan under the extended fund facility (EFF), which was …

<p> <strong>For many in Germany, a warm water bath could soon become a luxury. One of the country’s main port cities, Hamburg, has already warned its citizens that it may …

<p> <strong>Your travel to Europe for work or holiday could be cheaper now as the Euro continues to lose its sheen. But there’s a caveat. Be prepared to stay without …

<p> <strong>Inflation in the European Union is inching upward to record levels driven by high food and fuel prices. Though in June, Germany’s inflation came down to 8.2 per cent …

<p> <strong>Concerns among farmers growing onions are rising as retail prices of this essential kitchen ingredient have soared in the last few weeks. Many fear that the rising prices could …

<p> <strong>Your home and car loans would turn dearer as the Reserve Bank of India (RBI) on Wednesday raised the repo rate – the rate at which banks borrow from …

<p> <strong>The world is reeling under soaring inflation driven by skyrocketing food and energy prices. Inflation in the European Union, home to more than 300 million people, stood at 8.1 …

<p> <strong>India’s economy is on the mend in the post Covid phase.</strong></p> <p> <strong>According to data, credit growth in the first two months of the financial year has been robust, …

<p> <strong>India has decided to focus on cooling inflation, driven in large measure by the Russia-Ukraine war. After imposing a ban on wheat exports, the government has now decided to …

<p> <strong>The Centre, which finally drastically slashed domestic fuel prices, is hoping to make up a part of the losses by higher collection of goods and services tax along with …

<p> <strong>India has decided to ban exports of wheat with immediate effect on Saturday after retail inflation soared to 7.79 per cent – an eight year high. That apart concerns …

<p> <strong>Amid increasing inflation, the Reserve Bank of India unexpectedly hiked policy rates by 40 basis points to 4.4 per cent along with a 50 basis points hike in the …

<p> <strong>Turkey, which is in the midst of an economic mess with March inflation touching 61.14 per cent, could thrash out severe punishment to analysts publishing reports on macroeconomy without …

<p> <strong>Amid the rising uncertainty and increasing pressure on the global corporate world to exit the Russian market, several companies including TotalEnergies, Mars Inc- maker of KitKat, and Pedigree, clothing …

<p> <strong>High inflation has hit the European Union as energy prices skyrocket amid the Russia-Ukraine war. While stringent sanctions against Moscow are aimed at choking Russia’s economy, the Euro area …

<p> <strong>The rising geopolitical tension after Russia announced a military operation in Ukraine has already pushed up global oil prices. On Thursday, Brent crude futures crossed $100 per barrel mark …

<p> The steady devaluation of the Russian currency- ruble – in the last few days is expected to push up prices further in the country. In January this year, Russia’s …