Economy

Economy News

Retail inflation for farm, rural workers eases marginally in August

The rise in index varied from state to state. In case of AL, it recorded an increase of 2 to 19 points in 20 states. Retail inflation for farm workers.

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Economy News

Despite El niño, monsoon in ‘normal’ range as predicted: IMD chief

“The rainfall in September has been quite good, the country as whole received 9% above the normal benchmark (long period average) rainfall so far,” Mohapatra said. After scanty monsoon rains.

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Economy News

FOMC keeps repo rate unchanged at 5.25-5.50%: Economists expect another rate hike by US Fed before end of 2023

The US Fed had raised its policy rate by 525 basis points since March 2022 to the current 5.25 per cent-5.50 per cent range, despite persistent US inflation rate levels.

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Economy News

EPFO records highest net member addition of 18.75 lakh in July

Gender-wise analysis of payroll data shows that during July 2023 around 3.86 lakh net female members have been added to the payroll. Retirement fund body EPFO has recorded the highest.

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Economy News

UK inflation unexpectedly falls, raising questions about BoE rates plan

The surprise drop in the inflation rate pushed down sterling sharply against the U.S. dollar and the euro as investors scaled back their bets on future interest rate increases by.

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Economy News

Indian economy doing well even in unsupportive global environment: RBI MPC member Ashima Goyal

“Q1 growth is high because of the base effect due to a steep fall in growth to -23.2 in Q1 FY21 during the pandemic. Growth rebounded to 21.6 in Q1FY22,.

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Economy News

Indian economy doing well even in unsupportive global environment: RBI MPC member Ashima Goyal

“Q1 growth is high because of the base effect due to a steep fall in growth to -23.2 in Q1 FY21 during the pandemic. Growth rebounded to 21.6 in Q1FY22,.

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Economy News

UK inflation unexpectedly falls, raising questions about BoE rates plan

The surprise drop in the inflation rate pushed down sterling sharply against the U.S. dollar and the euro as investors scaled back their bets on future interest rate increases by.

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Economy News

ADB sees developing Asia’s growth remaining solid amid risks

ADB cited three main risks to the outlook — impact of the weakness in China’s property sector, sporadic supply disruptions from Russia’s invasion of Ukraine and export curbs amid the.

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Economy News

Asia loan deals set to rise on Australia, India, bankers say

AirTrunk’s A$4.6 billion ($3 billion) loan last month, Australia’s largest syndicated deal this year, and Adani Group’s talks for borrowings to refinance $3.5 billion of debt are among signs of.

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