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In the US, where the economy is still recovering from the impact of the COVID, the sudden spike in gasoline prices has exacerbated concerns

Oil prices hit 6-month high, sparking inflation worries and economic uncertainty

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The rise in oil prices has caused significant impacts on global financial markets Amid escalating tensions in the Middle East, the price of Brent crude...
The Fed halted the rate hike after a 52-week-long fight to rein in the price pressures on the economy by November last year

US inflation touches 3.1% leaving doubts over whether Fed will resort to rate cuts

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US inflation, more stubborn than expected, edged down to 3.1% in January Inflation in the US, which cooled in January, rose again exceeding Wall Street’s...
RBI Governor Shaktikanta Das said on Friday that the committee unanimously decided to keep the repo rate at 6.5 percent

RBI retains repo rate at 6.5%, GDP growth at 7%, inflation at 5.4%

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RBI keeps key rate unchanged on strong growth, inflation risks As predicted by economists, the Reserve Bank of India's Monetary Policy Committee (MPC) did not...
Staples like cereals and pulses are unlikely to offer relief in the near term amid hardening international prices and subdued sowing domestically

Wider range of food items drive 7%-plus inflation

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Not tomatoes, but these food items will pose a greater inflation risk in the coming months Staples like cereals and pulses are unlikely to offer...
As per the government the price data was collected from 1,114 urban markets and 1,181 villages

As food prices plummet, Retail inflation drops to 4.70% in April

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CPI-based inflation remains below RBI tolerance level for the second consecutive month India's retail inflation, which is measured by the consumer price index (CPI), fell...
Sitharaman reiterated New Delhi's commitment to foster efforts to address growing debt vulnerabilities

FM Sitharaman meets IMF Dy MD Gita Gopinath; downside risks to economy, inflation and...

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FM Sitharaman discusses debt vulnerabilities with IMF's Gita Gopinath On the sidelines of the IMF-World Bank Spring Meetings, Union Finance Minister Nirmala Sitharaman met IMF...
The ongoing pass-through of input costs to output prices, especially in services, could continue to exert pressures on core inflation

RBI hikes repo rate by 25 bps to 6.50 percent; inflation outlook mixed

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RBI raises rates to tame inflation On Wednesday, the Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) hiked the repo rate by 25 basis...
Centre recorded robust tax collections reflecting sustained economic recovery improved tax governance, administration, and a healthier balance sheet of the corporate sector

Amid global inflation, growth momentum to be positive for India: RBI bulletin

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See an upturn in the Capex cycle, growth momentum to pick up "The near-term growth outlook for the Indian economy is supported by domestic drivers...
Sitharaman expressed satisfaction with the fundamentals of the economy -- "we are in a comfortable position", she said

Inflation at ‘manageable’ level of 7.4%, govt working to bring it under 6 percent:...

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Nirmala Sitharaman says economy 'sound', inflation 'manageable' Addressing a news conference on Friday at the end of her visit to the annual meetings of the...
According to IMF, the global inflation rate is projected to be 8.8% this year and come down to 6.5% next year

IMF expects inflation in India to come down to 4% range in 2023

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India's economy fairly doing well in 2022 and is expected to continue growing fairly robustly in 2023 The International Monetary Fund (IMF) expects India's inflation...

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