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Inflation

Retail tomato prices drop 22% after October surge as supply strengthens

Retail tomato prices drop 22% after October surge as supply strengthens

Mon, Nov 18, 2024

Retail tomato prices declined 22.4 per cent month-on-month on improved supplies across the country, the Consumer Affairs Ministry said on Sunday. The all-India average retail price of tomatoes stood at Rs 52.35 per kg on November 14, down from Rs 67.50 per kg on October 14, according to an official statement.

Onion prices will remain high in November says a research report of ICICI Bank

Onion prices will remain high in November says a research report of ICICI Bank

Thu, Nov 14, 2024

The report attributed this price surge to heavy rains in August and September, which disrupted supply chains, leading to a 28 per cent drop in mandi arrivals over the past two months and pushing up tomato prices by 49 per cent month-on-month in October.

RBI's 7.2% GDP growth estimate 'overly optimistic', India has entered cyclical growth slowdown: Nomura

RBI's 7.2% GDP growth estimate 'overly optimistic', India has entered cyclical growth slowdown: Nomura

Mon, Oct 28, 2024

Nomura said it sees "rising downside risks" to its GDP growth estimates of 6.7 per cent in the ongoing FY25 and 6.8 per cent in FY26.

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Burger King says tomatoes on vacation' as India battles food inflation

Burger King says tomatoes on vacation' as India battles food inflation

Wed, Aug 16, 2023

The burger chain, one of India's biggest with nearly 400 outlets, joins many McDonald's and Subway stores that have removed tomatoes from menus as India's food inflation this week hit its highest since January 2020.

Government in action after RBIs concern about inflation, will release 3 LMT onions from buffer stock

Government in action after RBIs concern about inflation, will release 3 LMT onions from buffer stock

Fri, Aug 11, 2023

Government in action after RBI's concern about inflation, will release 3 LMT onions from buffer stock

RBI MPC policy meeting: What RBI Governor Shaktikanta Das said on inflation

RBI MPC policy meeting: What RBI Governor Shaktikanta Das said on inflation

Thu, Aug 10, 2023

The RBI Governor noted that headline inflation rose in June and is expected to surge in July as well as August due to vegetable prices.

Government Takes Action on Inflation, to Sell Wheat and Rice in Open Market

Government Takes Action on Inflation, to Sell Wheat and Rice in Open Market

Wed, Aug 09, 2023

Government's action on inflation, government will sell wheat, rice in the open market, government will release 65 lakh tonnes of wheat, 30 lakh tonnes of rice

Wheat prices jump to 6-month high on demand, limited supply

Wheat prices jump to 6-month high on demand, limited supply

Wed, Aug 09, 2023

Rising wheat prices could contribute to food inflation and potentially complicate the efforts of both the government and the central bank to contain inflation.

India360: Why did the inflation hit the veg-non-veg thali in the country?

India360: Why did the inflation hit the veg-non-veg thali in the country?

Mon, Aug 07, 2023

House hold Budget: These days India is facing many problems due to rising inflation. In view of inflation, now Global Analytics Company Crisil has recently released its latest report.

India GDP to grow 6-6.3% in FY24, economic prospects brighten: Deloitte India

India GDP to grow 6-6.3% in FY24, economic prospects brighten: Deloitte India

Thu, Jul 27, 2023

Deloitte expects India to grow between 6 per cent and 6.3 per cent in FY 2023–24, and have a stronger outlook thereafter.

Fed July meeting HIGHLIGHTS: Jerome Powell-led FOMC decides to hike key rates by 25 bps as widely expected

Wed, Jul 26, 2023

Fed meeting HIGHLIGHTS: The Federal Reserve Chairman Jerome Powell-led Federal Open Market Committee (FOMC) — the US central bank's benchmark interest rate-deciding panel — decided to raise US interest rates by a quarter of a percentage point on July 26, citing still elevated inflation as a rationale for what is now the highest US central bank policy rate in 16 years. The latest rate hike, following a pause in June after 10 back-to-back increases, is the Fed's 11th in its last 12 meetings, taking the benchmark overnight interest rate to the 5.25-5.50 per cent range.

India rate cut bets pushed to mid-2024 amid inflation jump - traders

India rate cut bets pushed to mid-2024 amid inflation jump - traders

Mon, Jul 24, 2023

The RBI has raised rates by a total 250 basis points since May last year and has reiterated its commitment to bringing inflation down to 4 per cent over the medium term.

Share Bazar LIVE: US markets rise for the fourth consecutive day, crude oil at a height of 3 months. global market

Share Bazar LIVE: US markets rise for the fourth consecutive day, crude oil at a height of 3 months. global market

Fri, Jul 14, 2023

Share Bazar LIVE: US markets are seeing a boom for the fourth consecutive day, crude oil is at a height of 3 months. Know further what are today's important triggers and what the international and European market data say.

Possibility Of Rate Cuts In India, Why Dollar Decrease?

Possibility Of Rate Cuts In India, Why Dollar Decrease?

Thu, Jul 13, 2023

How are the US inflation figures in June? Will US interest rates rise? Will the pause in our rates last longer or will it be cut soon? Why did the Dollar Index decrease? Know the complete analysis from Ajay Bagga of Elements Platforms

US Inflation Drops to 3% in June: Global Markets' Impact and Predictions

US Inflation Drops to 3% in June: Global Markets' Impact and Predictions

Thu, Jul 13, 2023

Strong signals from #GlobalMarkets, Dow closes up 90 points Nasdaq rises 1.1% to a 15-month high S&P 500 also at a height of 52 weeks Strong action in the market due to relief in #inflation US inflation fell to 3% from 4% in June, beating the estimate of 3.1%

Share Bazar LIVE: Relief in inflation, American market ran for the third day. stock of the day | global market

Share Bazar LIVE: Relief in inflation, American market ran for the third day. stock of the day | global market

Thu, Jul 13, 2023

Share Bazar LIVE: Due to good global signals, there is a strong boom in the stock market. Know further what are the key triggers today and what the international and European market data say.

Q1 earnings, inflation, industrial production data to guide market trends this week: Analysts

Q1 earnings, inflation, industrial production data to guide market trends this week: Analysts

Sun, Jul 09, 2023

Stock-specific action will pick up with the onset of the Q1 FY24 earnings season, Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd, said.

Aapki Khabar Aapka Fayda: What is the truth about children's food products?

Aapki Khabar Aapka Fayda: What is the truth about children's food products?

Fri, Jul 07, 2023

Food Products: Fraud is taking place in the advertisement of food products. For many decades, children in India are struggling with problems like malnutrition, obesity, anemia and dwarfism. Food advertisements are proving fatal for children.

Australia's central bank hiked rates for fear inflation was becoming entrenched

Australia's central bank hiked rates for fear inflation was becoming entrenched

Tue, Jun 20, 2023

The minutes devoted much space to the arguments for an immediate hike, including rising electricity prices, high rents, stubborn services inflation and a rebound in national house prices.

Commodity Live: Price of gold and silver fell again today, know how much gold has become cheaper.

Commodity Live: Price of gold and silver fell again today, know how much gold has become cheaper.

Thu, Jun 15, 2023

Gold-Silver Price: This morning, the price of 10 grams of gold of 995 purity has come down to Rs 58,784. At the same time, gold of 916 purity has become Rs 54062 today. Apart from this, the price of gold of 750 purity has come down to 44265. At the same time, gold with 585 purity has become cheaper today and has come down to Rs.34,527. Apart from this, one kg silver of 999 purity has become Rs 71421 today.

New Zealand dips into recession, putting rate hikes in doubt

New Zealand dips into recession, putting rate hikes in doubt

Thu, Jun 15, 2023

Employment remains strong in New Zealand, limiting the effects for many people of a recessionary environment.

Fed meeting HIGHLIGHTS: After 10 back-to-back hikes, FOMC decides unanimously to leave key US interest rate unchanged

Wed, Jun 14, 2023

Fed meeting HIGHLIGHTS: Federal Reserve Chairman Jerome Powell-led Federal Open Market Committee (FOMC) announced its first pause in the benchmark US interest rate since March 2022, when the US central bank began its post-COVID cycle of aggressive policy tightening. The US central bank’s decision on the key interest rate — formally known as the Fed funds rate, which currently stands at 5-5.25 per cent, comes a day after data showed steadily easing inflation in the world's largest economy, supporting bets on a pause in rates for now. Catch key takeaways from the June FOMC meeting review and what to make of Fed Chair Jerome Powell’s remarks, and much more, only on Zeebiz.com's blog.

Europe sees inflation drop to 6.1%, but real relief for consumers could take months

Europe sees inflation drop to 6.1%, but real relief for consumers could take months

Thu, Jun 01, 2023

Food prices in the eurozone rose by a painful 12.5 per cent in May from a year earlier but still eased from the 13.5 per cent increase recorded in April.

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