IMF chief warns Global recession risks rising
The International Monetary Fund's managing director has warned of rising recession risks as the lender downgrades its growth forecast for next year.
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Inflation
RBI hikes repo rate by 50 bps to 5.9℅
The Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) hiked the repio rate by 50 basis points (bps) to 5.90 per cent with immediate effect.
India’s richest list grows massively in 2022
India’s richest grew by 96 persons to 1,103 spread over 122 cities and have Rs 1,000 crore or more as per the AIIFL Wealth Hurun India Rich List 2022.
GST Rate Hike: Know what gets expensive from July 18
The GST Council in its 47th meeting had decided to go for a rate hike on several daily essential items. From next week, several household items including hotels and bank services among other things, will also get costlier.
Joe Biden’s Approval Ratings drops to 41%
U.S. President Joe Biden's public approval rating dropped to 41% as per Reuters/Ipsos opinion poll. This takes away his Party's hopes of retaining control of Congress during the November elections.
Impact of Russia-Ukraine War on Indian Economy
Lives are deteriorating with hundreds dying everyday in the ongoing conflict between Russia and Ukraine.
BJD launches massive protest over Fuel Price Hike & Inflation
The Biju Janata Dal on Sunday staged protest near the Raj Bhavan in Bhubaneswar, targeting the Centre against the rise in fuel prices and inflation.
Annual Wholesale Inflation rises to (-)1.99% in Nov
Annual wholesale inflation rate increased to (-)1.99 percent for November from (-)3.81 percent from October, according to official data issued on Monday by the Ministry of Commerce & Industry.
The official Wholesale Price Index for…
Inflation drops down to 2.38 per cent
Inflation has dropped down to a five-year low of 2.38 per cent in September. The Wholesale Price Index based inflation was at 3.74 per cent in August. It was 7.05 per cent in September last year.
According to the data released by…
Economic Survey: GDP Growth seen at 5.4-5.9%
A day before presenting the Union Budget 2014-15, Union Finance Minister Arun Jaitley has tabled the Economic Survey in Lok Sabha. According to the survey, the GDP growth is seen at 5.4 to 5.9% for the FY 2015. It said that domestic and…