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1 min read

Inflation heated up in October as expected

October's consumer price index was expected to show inflation heating up at a 2.6% rate.

Madison Hoff   


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3 mins read

Get ready for inflation and interest rates to rise again

One of the first things Trump is expected to do in the White House is enact tariffs on imported goo…

Ayelet Sheffey   


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2 mins read

Retail inflation expected to breach 6% mark in October, says UBI Report

The continued spurt in food prices and fading of the high base effect likely led to a spike in Octo…

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2 mins read

Russia's inflation is so bad that potatoes cost 64% more than they did at the start of the year

Prices of potatoes — a Russian staple — have surged by 64% this year.

Huileng Tan   


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2 mins read

Here’s how inflated prices of onions, tomatoes, potatoes and cooking oils are impacting the cost of a home-cooked meal

A Crisil report reveals vegetable thali costs surged 20% in October 2024, fueled by soaring vegetab…

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4 mins read

This tiny country says it will give $500 to every adult as an Exxon oil boom supercharges its economy

Guyana, the world's fastest-growing economy after a huge Exxon discovery, is tapping its oil wealth…

Theron Mohamed   


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3 mins read

Wholesale Price Index records 1.84% inflation in September 2024 amid rising food prices

In terms of the overall WPI, the index for all commodities reached 154.6 in September 2024, registe…

ANI   


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2 mins read

McDonald's sales dropped for the 2nd quarter in a row as customers keep tightening their belts

Global sales at the Golden Arches fell 1.5%, driven by international markets, especially France, th…

Nora Redmond   


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3 mins read

A necessary step or government overreach? Economists are divided over Kamala Harris' plan to clamp down on food inflation

Kamala Harris unveiled a plan for the first ever federal ban on price gouging. Economic experts hav…

Filip De Mott   


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2 mins read

RBI MPC announcement today: Rates unlikely to change, RBI may change stance to neutral

The Reserve Bank of India (RBI) is set to conclude the three-day Monetary Policy Committee (MPC) me…

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3 mins read

RBI unlikely to cut interest rate in 2024, food inflation to be deciding factor, says SBI chief Setty

T​​​​he US Federal Reserve's first cut in interest rates in more than four years happened today, tr…

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2 mins read

Amid declining retail inflation, wholesale inflation in India moderates to 2.04% in July

In line with the moderation in retail inflation, wholesale inflation in India too witnessed a sharp…

ANI   


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2 mins read

RBI unlikely to cut interest rate in 2024: SBI chief Setty

"On the rate front, a lot of central banks are taking independent calls. While Fed rate cut wou…

PTI   


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1 min read

Sensex and Nifty extend losses amid inflation woes and FII selling pressure

Despite domestic investors buying shares, sectors like FMCG and energy faced pressure. However, rea…

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3 mins read

RBI to focus on disinflation, food inflation sticky to core, note RBI's MPC minutes

The fiftieth meeting, conducted under Section 45ZB of the RBI Act, 1934, ended with the decision to…

ANI   


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3 mins read

Sensex and Nifty fall sharply on inflation and foreign fund exodus, marking multi-month lows with five-day losing streak

Both the Sensex and Nifty faced significant losses on November 13, driven by a combination of weak …

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2 mins read

Food inflation to moderate, but any surprise in monsoon or floods may trigger it upwards, notes UBI report

On the monsoon front, the cumulative rainfall over the country has turned from a deficit to an 8 % …

ANI   


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1 min read

Consumer staple demand recovers in rural areas, urban areas witness slowdown: Report

Rural and semi-urban markets in India showed recovering consumer demand in the second quarter of FY…

ANI   


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2 mins read

Cooling jobs data might beat out inflation in forcing the Fed to deliver a big rate cut, Goldman Sachs CEO says

Most investors see a 25 basis point cut on the horizon, but Goldman's David Solomon says a bigger m…

Kelly Cloonan   


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2 mins read

Inflation cooled in July, adding to the case for rate cuts at the next Fed meeting

The consumer price index, an inflation measure, increased 2.9% in July from a year ago.

Madison Hoff