Tuesday, November 19, 2024

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May 27, 2024 7:14 PM

Shares nudge higher as US, EU inflation data loom

World shares firmed on Monday as investors braced for a busy run of inflation data that could set the scene for a European rate cut as soon as next week and a U.S. policy easing within just a few months.   Holidays in Britain and the United States...

May 22, 2024 3:07 PM

Global stocks slip on inflation jitters

Share markets fell on Wednesday as stronger-than-expected inflation in Britain offset investor hopes that AI-heavyweight Nvidia could meet sky-high expectations, with the market also waiting for possible clues on when the U.S. Federal Reserve will be...

May 13, 2024 8:46 PM

Retail Inflation Eases to 4.83% in April, 2024

In April, there was a marginal decline in the retail inflation rate, settling at 4.83% based on the Consumer Price Index (CPI). This marks a slight decrease from March's 4.85% and an increase from April 2023's 4.3%. According to data released by the...

May 13, 2024 8:47 PM

Retail Inflation Eases to 4.83% in April, 2024

In April, there was a marginal decline in the retail inflation rate, settling at 4.83% based on the Consumer Price Index (CPI). This marks a slight decrease from March's 4.85% and an increase from April 2023's 4.3%. According to data released by the...

February 6, 2024 11:27 AM

India expected to grow faster at 6.2% in FY25: OECD

In its latest report, the Organization for Economic Co-operation and Development (OECD) has raised India's growth outlook for the fiscal year 2024-25 (FY25) to 6.2%, up from the earlier estimate of 6.1%. This positive change follows a strong performa...

December 8, 2023 11:40 AM

RBI keeps repo rate unchanged at 6.5%

The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) announced on Friday its decision to keep the repo rate unchanged at 6.50% after a three-day deliberation. "The standing deposit facility rate remains at 6.25%, and the marginal standi...

November 15, 2023 9:48 AM

Japan’s economy contracts as recession risks grow

Japan's economy contracted in July-September, snapping two straight quarters of expansion on soft consumption and exports, complicating the central bank's efforts to gradually phase out its massive monetary stimulus amid rising inflation. Gross dome...

November 2, 2023 10:28 AM

U.S. Federal Reserve keeps interest rates unchanged

The Federal Reserve held interest rates steady on Wednesday as policymakers struggled to determine whether financial conditions may be tight enough already to control inflation, or whether an economy that continues to outperform expectations may nee...

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Last updated on: 19th November 2024