In the wake of the inflation amidst the pandemic, Delhi Chief Minister Arvind Kejriwal has said that the government will keep providing free rations to its people till 30th September.
On Monday, the Sri Lankan government announced that only essential services will operate from midnight till July 10 and all other operations will be...
In a speech opening an ECB forum on central banking in Sintra, Portugal, bank President Christine Lagarde used strong terms as policymakers target inflation...
Terming the FY21 as a "very eventful one", Chandrasekaran said challenges posed by the pandemic and more recently, geo-political developments have resulted in...
Biden arrived in Germany's picturesque Bavarian alps early Sunday morning for the annual meeting of the leading democratic economies, where the reverberations...
Farooq Abdullah expressed his grievance addressing a party function in Magam hamlet in central Kashmir, “my way or the highway attitude” of the Centre.
The Reserve Bank has already raised the key policy rate by 90 basis points in May and June to 4.9 per cent to tame high inflation, mainly due to supply...
Powell and the Fed are in the hot seat because inflation, which had been an economic afterthought for decades, has shot to the top of threats to the economy...
Powell stressed that the Fed's primary goal is to reduce inflation but said he still hopes to achieve a “soft landing”
The Office for National Statistics said Wednesday that consumer price inflation rose slightly from 9% in April, itself the highest level since 1982
As per the minutes of the three-day meeting, the Governor said while high inflation continues to be the major concern, revival of economic activity remains...
The all-India consumer price index numbers for agricultural labourers and rural labourers for the month of May, 2022 increased by 11 points and 12 points to...
Near-term challenges need to be managed carefully without sacrificing the hard-earned macroeconomic stability, the Monthly Economic Review said
While retail inflation rose 7.04 per cent in May year-on-year, slightly down from a 95-month high of 7.79 per cent in April, wholesale or WPI inflation rose to...
The governor assured that an exit from the easy liquidity conditions will be smooth and there will be a "soft landing"
"So, I don't see any adverse impact of that (rate hike by Fed) because Reserve Bank of India, in the two previous cycles, has already taken adequate measures,"...
The bank said the rate on sight deposits would be increased by a half-point, to negative 0.25 per cent. Swiss interest rates have been negative for months,...
The article, published in the RBI's June bulletin, noted that global economic conditions continue to deteriorate as the ratcheting up of commodity prices and...
The article analysed the impact of freight price shocks such as container shortages and the pandemic-related market frictions, on the retail prices through...
While the UK's central bank began raising interest rates earlier than its counterparts, the Bank of England is now trailing the US Federal Reserve in the...
On Wednesday, the Fed stepped up its drive to tame inflation by raising its key interest rate by three-quarters of a point — its largest hike in nearly three...
Chair Jerome Powell hopes that by making borrowing more expensive, the Fed will succeed in cooling demand for homes, cars and other goods and services and slow...
The Fed’s benchmark short-term rate, which affects many consumer and business loans, will now be pegged to a range of 1.5% to 1.75% — and Fed policymakers...
In its update to Global Economic Outlook, Fitch said India's economy faces a worsening external environment, elevated commodity prices, and tighter global...
Chai Pani, the Asheville eatery has been named America's most Outstanding Restaurant at the James Beard Foundation Awards in Chicago.