Inflation – Bhartiyanews24x7

27Oct

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Inflation will begin to cool off after October, says RBI governor – Times of India

MUMBAI: The central bank's projections indicate that inflation will moderate after remaining high in October, RBI governor Shaktikanta Das has said, while cautioning that geopolitical risks and weather events pose potential threats."Sept inflation crossed 5%, and we expect October inflation to be high as well. However, our projections indicate that inflation will begin to moderate after October," said Das during an interaction in Washington on the sidelines of the IMF-World Bank meeting. "Our efforts are not merely to stay within the 2% plus-or-minus band but to align inflation as closely as possible with the 4% target," he said, and added that the headline inflation trajectory is projected to moderate sequentially from the last quarter of this financial year.Das was speaking at 'Macro Wee...

25Oct

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Politics

‘Kuch nahi bachta hai’: Rahul Gandhi visits local barber for a trim and his story | India News – Times of India

NEW DELHI: Leader of opposition in Lok Sabha Rahul Gandhi made yet another visit to a local barber shop and heard about his ordeal. The Congress leader posted a video of his interaction with the barber on X to tell "the story of every hard-working poor and middle class person of India today".In the video, Rahul was seen sitting on a chair, while the barber named Ajit trimmed his beard and shared his story.Ajit told Rahul how he works throughout the day to save no money at the end of the day. Sharing the video on social media platform Rahul wrote: "Kuch nahi bachta hai [No money left at the end of the day to save]! These four words of Ajit Bhai and his tears are telling the story of every hard-working poor and middle class person of India today. From barbers to cobbler, potters to carpenter...

3Oct

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Business

Inflation Hits Hard Post Iran-Israel Conflict! Crude Oil And Gold Prices Surge Amid Rising Geopolitical Tensions | Paisa Live

The ongoing conflict between Iran and Israel in the Middle East is set to impact your wallet significantly. Following the recent attacks, crude oil prices have surged by 4%, raising concerns about inflation rising globally once again. This spike in oil prices is expected to have a ripple effect, influencing various sectors and potentially leading to higher consumer costs. Additionally, the geopolitical tensions in the Middle East are affecting the stock markets, contributing to volatility and uncertainty among investors. As the situation unfolds, stakeholders are advised to stay informed about market trends and adjust their strategies accordingly, as these developments may lead to more significant economic repercussions in the coming days.Source link

25Sep

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Politics

Kamala Harris has bigger cognitive problems than ‘crooked’ Joe: Donald Trump – Times of India

Donald Trump on Wednesday said that her presidential Kamala Harris, "in his opinion," had bigger "cognitive problems" than "crooked" Joe Biden as he went on to criticise their policies on rising inflation in the States. He went on to say that the world was laughing at his rival as they couldn't believe that she was "going to be president.""You talk about cognitive problems? She's got bigger cognitive problems than he (Biden) has, in my opinion," Trump alleged.While speaking at an election rally in Georgia, Republican presidential candidate Trump claimed that the world is "laughing" at 59-year-old Vice President Harris."You know what they're really laughing at? Kamala, because they can't believe that she's going to be president. They can't believe it," he said."This is how we're going to en...

8Sep

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Politics

Markets Ahead: Inflation Data, Macro Indicators, Rupee Movements To Drive Investors In The Week

Global trends, macro economic key indicators, and outlook adopted by the foreign investors would influence sentiments in the equity markets in the coming week, analysts noted. The experts said that investors will keenly be on the lookout for fluctuations in prices of crude oil and movements in currencies. Notably, crude oil prices have witnessed a major correction in the last few days with the Brent coming in close to $73 per barrel. Investors in India will also observe the macro figures to be released in the week, such as CPI inflation, reported PTI. Elaborating on the outlook, Shrikant Chouhan, Head of Equity Research, Kotak Securities, noted, “Globally, investors remain optimistic about the possibility of a rate cut by the US Fed and would keenly look forward to the US Fed meet schedule...