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You Searched For "Cost Inflation Index" and got 20 results


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2 mins read

IT department declares 363 as cost inflation index for current fiscal

The Cost Inflation Index (CII) for fiscal year 2024-25 is 363, used by taxpayers to calculate long-…

PTI   


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1 min read

Stock market today: Indexes edge higher as traders digest fresh inflation data and bank earnings

JPMorgan, Citi, and Wells Fargo all reported earnings on Friday. Earnings could be the next catalys…

Max Adams   


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3 mins read

Here's how inflation has ratcheted up the cost of basics like housing and food for families across the US

Daily essentials are inflating faster than broad inflation indexes, as the ALICE Essentials Index i…

Juliana Kaplan,Noah Sheidlower   


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5 mins read

Budget 2024: How will long-term capital tax change your real-estate investments post-budget?

There has been a marginal increase in the basic tax exemption limit for LTCG. Previously, LTCG of u…

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4 mins read

Decoding capital gains taxes: What FM Nirmala took from your pocket, what she gave you in Budget 2024

All listed securities will be considered long-term capital assets (and hence, LTCG will be levied) …

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2 mins read

Stock market today: Indexes rise as tech tries to bounce back after chip rout

Jobless claims came in higher than anticipated, bolstering hopes that the Federal Reserve can cut i…

Filip De Mott   


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2 mins read

The inflation report is great news for the prospect of a rate cut

Cooler June inflation is a win for the Fed, which has been looking for concrete signs that price pr…

Max Adams   


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3 mins read

Wholesale inflation touches 15-month high in May

Jump in wholesale inflation primarily due to increase in prices of food articles, crude petroleum a…

PTI   


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3 mins read

Wages have outpaced inflation since 2020 but many consumers still feel burdened by prices

On average, wages have outpaced inflation since the pandemic, but even with those gains, plenty of …

John Towfighi   


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2 mins read

RBI retains inflation projection for FY25 at 4.5%

The Reserve Bank, which has been mandated to ensure inflation remains at 4 per cent (with mar…

PTI   


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2 mins read

Stock market today: US indexes rebound as Nvidia's revival sets off a tech rally

The S&P 500 and Nasdaq both climbed after Nvidia snapped a sell-off that had erased $431 billion in…

Filip De Mott   


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3 mins read

Americans are obsessed with the economy. Here are the tiny bits Trump and Biden said about Social Security and inflation.

During the first presidential debate, Trump and Biden sparred over who is to blame for inflation. B…

Ayelet Sheffey   


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1 min read

Small business sentiment dropped by most in 13 months in January as inflation, labor costs bite

"In January, optimism among small business owners dropped as inflation remains a key obstacle on Ma…

Yuheng Zhan   


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2 mins read

The Red Sea crisis could trigger an inflation spike as shipping costs soar

An index that tracks container rates spiked 61% last week, with big companies rerouting their vesse…

George Glover   


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2 mins read

Red Sea turmoil has sent shipping costs surging 150%, which will push inflation higher, Fitch says

Houthi attacks in the Red Sea have pushed shipping costs up, which could add 0.4 percentage points …

Filip De Mott   


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6 mins read

We've entered a world of zombie inflation. Wall Street is scared witless.

The sudden resurgence of inflation has caused some more alarmist analysts to suggest that the US ec…

Neil Dutta   


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2 mins read

Why the Fed may want to cut rates to tame inflation, according to BlackRock's bond chief

"I would lay out an argument that actually, if you cut interest rates, you bring down inflation," R…

Jennifer Sor   


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2 mins read

The 'misery index' often predicts who'll win the White House but it may be broken

Inflation has cooled and the unemployment rate has stayed low, but it seems plenty of people are st…

George Glover   


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4 mins read

As inflation continues to remain high, RBI likely to keep interest rates unchanged

The Reserve Bank is likely to maintain status quo on policy rates for the fourth time in a row at i…

PTI   


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1 min read

Central Board of Direct Taxes notifies cost inflation index for 2023-24

The cost inflation index (CII) for 2023-24 relevant to assessment year 2024-25 stood at 348, accord…