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New Delhi: Based on the trends seen in the movement of essential commodities, economists on Friday said that CPI inflation in October is likely to moderate further to 0.4 per cent-0.6 per cent, compared with 1.5 per cent in September, supported also by a favourable base. The Bank of Baroda (BoB) Essential Commodities Index (BoB…
New Delhi: Pakistan’s inflation surged to 6.2 per cent in October — the highest in a year — amid floods and Afghan border closures affecting food supplies, a recent media report said. The surge was caused by floods in Punjab and ongoing closures of key trade crossings with Afghanistan, especially at border points such as…
New Delhi: The year-on-year inflation rate for agricultural labourers and rural Labourers stood at -0.07 per cent and 0.31 per cent, respectively, in September, figures released by the Ministry of Labour and Employment showed on Saturday. The All-India Consumer Price Index for agricultural labourers decreased by 0.11 points to 136.23, while the index for rural…
Washington: Inflation has risen in three of the last four months and is slightly higher than it was a year ago, when it helped sink then-Vice President Kamala Harris’ presidential campaign. Yet you wouldn’t know it from listening to President Donald Trump or even some of the inflation fighters at the Federal Reserve. Trump told…
India emerged as one of the fastest-growing wealth markets in the world, as Indian household financial assets rose by 14.5 per cent in 2024 on a YoY basis, according to a recent report. The Allianz Global Wealth Report 2025 revealed that the wealth of Indian households showed the strongest growth in eight years, highlighting the…
US President Donald Trump has posted a cartoon on social media, with his plan to sack Federal Reserve Chairman Jerom Powell. In the photo, Trump is seen saying- You are fired! This case has come to light after Powell’s decision to reduce interest rates. There has been a long conflict between Trump and Powell on…
Mumbai: The Reserve Bank of India (RBI) expected to ease rates by 25 bps in Q4 CY25, owing to anticipated growth weakness from declining export orders and slower government spending, a report has said. Strong cereal production, well stocked granaries, lower oil prices and cheaper exports from China are likely to keep inflation lower for…
New Delhi: The year-on-year inflation rates based on the all-India Consumer Price Index for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI-RL) for July this year declined to 0.77 per cent and 1.01 per cent, respectively, bringing respite to poor households, figures released by the Ministry of Labour and Employment on Thursday showed. The food inflation…
New Delhi: The fall in India’s wholesale inflation will boost domestic demand despite global economic uncertainties, industry body PHDCCI said on Thursday. The provisional annual inflation rate based on the Wholesale Price Index (WPI) eased to (-) 0.58 per cent in July compared to the same month previous year, led by a sharp drop in…
New Delhi: As August inflation print likely to top 2 per cent and be closer to 2.3 per cent, a rate cut by the Reserve Bank of India (RBI) in October looks difficult, SBI Research said on Wednesday, adding that even a rate cut in December looks a tad difficult if growth numbers for Q1…