Further, the minister touched upon the trend of Foreign Portfolio Investments in recent months.The central bank also retained its inflation projection for FY23 at 6.7 per cent amid geopolitical concer…
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Inflation has remained above RBI upper tolerance stage of 6 per cent since January 2022.The central bank is mandated to keep retail inflation in a band of 2-6 per cent.
The comments by the finance minister came a day after RBI hiked interest rate by 50 basis points in a bid to bring inflation to its solace zone and in line with aggressive policy tightening by key glo…
As of Friday, the average price of orderly unleaded gasoline in Florida was $3.39, according to AAA.While the global economic slowdown may be easing the cost of materials, Florida remains in the midst…
Back home, spot gold prices tracked by the Indian Bullion and Jewellers Association were down just four per cent to ₹50,362 per 10 gram on Friday against ₹52,297 logged on August 10, amid high vol…
KwaZulu-Natal has the highest rental escalations of all provinces at just under 5%, said TPN.Stats SA’s Quarterly Labour Force Survey – which measures the unemployment rate – showed a tiny decli…
The pound fell further against the dollar as emergency talks in the UK over new budget and tax cut proposals failed to quiet markets.Long-time bull Ed Yardeni warned that aggressive Fed moves to sharp…
Vyas said that the nearly 8 million increase in labour participation was a sign that the economy was doing well.In September, the unemployment rate has fallen significantly with an increase in labour…
Inflation has already rolled over and will continue to decline, the Leuthold Group ruler investment strategist said.Downbeat signals flashing throughout the economy indicate the Fed tightening has g…
And the dollar has been getting a whole lot stronger through the back half of 2022 as the Federal Reserve has enacted historically large interest-rate hikes to fight inflation.The pound plunged to a r…
This week increased its overnight interest rate target to 9.25% from 8.5%, the 11th consecutive rate hike since June 2021, as inflation has climbed to a two-decade high above 8%.Edward Moya, senior ma…
Many of those new shoppers were middle and high-income customers making between $50,000 and $100,000 or more, Patton said.Email address By clicking ‘Sign up’, you agree to receive marketing emails…
This pushed the annual rate for fuel down to 43.2% from 56,2% in July.Nine of the eleven food and NAB categories recorded an annual inflation rate above 8% in August.Brown bread registered a monthly r…
MUMBAI: India unemployment rate has drastically dropped to 6.43 per cent in September due to an increase in labour participation in the countryside and urban areas, according to data from the Centre …
Inflation measured by the Consumer Price Index (CPI) reduced slightly to 23.18 per cent year-on-year in September, data released by the Pakistan Bureau of Statistics (PBS) showed on Saturday.Still, th…