Page 19 - Latest Updates on Inflation
Inflation trend, US Fed rate decision to set course for Indian equities
Macro-economic domestic inflation data points coupled with FIIs' flow direction and the rate decision of the US Fed will determine the key equity indices' moves during the upcoming week
 "Inflation trend, US Fed rate decision to set course for Indian equities")
German inflation climbs to 5.2% in Nov, highest in nearly 30 years
Inflation in Germany continued to rise and climbed from 4.5 per cent in October to 5.2 per cent in November, the highest rate registered in the country since June 1992
 "German inflation climbs to 5.2% in Nov, highest in nearly 30 years")
Google won't raise every employee's salary to keep up with inflation
A top Google executive has said that the tech giant would not automatically adjust all employees' salaries to account for inflation.
 "Google won't raise every employee's salary to keep up with inflation")
Wall Street rises as inflation data meets estimates; Dow up 85 pts
US consumer prices increase further in November; Oracle leaps on upbeat quarterly results, outlook
 "Wall Street rises as inflation data meets estimates; Dow up 85 pts")
US inflation may hit 40-year high amid pandemic, shocking Americans
Already-hot inflation is forecast to climb even further when November data comes out on Friday
 "US inflation may hit 40-year high amid pandemic, shocking Americans")
Over 50% Pakistanis hold 'incompetency' of govt responsible for inflation
More than 50 per cent of Pakistanis believe that the country is facing problems of rising inflation and unemployment due to the "incompetence" of the Imran Khan-PTI government, local media reported
 "Over 50% Pakistanis hold 'incompetency' of govt responsible for inflation")
Crypto may erode central bank's control over money supply: Former RBI Guv
Rao, who served as the governor of RBI from 2008 to 2013, said the central bank digital currency also needs robust data protection laws
 "Crypto may erode central bank's control over money supply: Former RBI Guv")
RBI monetary policy: Tolerating inflation to give growth a chance
The key message from the December meeting is that monetary policy remains fully geared towards growth
 "RBI monetary policy: Tolerating inflation to give growth a chance")
Fitment panel's GST recommendations may cause immediate spike in inflation
The 5% tax rate broadly covers most food items, so an increase here would directly impact the monthly grocery budget of households
 "Fitment panel's GST recommendations may cause immediate spike in inflation")
Households see rise in inflation in near- and medium-term: RBI survey
Meanwhile, consumer confidence continued to improve from the historic low recorded in July 2021, another survey released by the RBI said
 "Households see rise in inflation in near- and medium-term: RBI survey")
RBI leaves key rates on hold amid Omicron risks; analysts weigh in
The committee held the lending rate, or the repo rate , at 4%. The reverse repo rate, or the key borrowing rate, was also maintained at 3.35%
 "RBI leaves key rates on hold amid Omicron risks; analysts weigh in")
RBI leaves rates unchanged, says economy better prepared to deal with Covid
Central bank maintains FY22 GDP forecast at 9.5 per cent and projected retail inflation to be at 5.3 per cent.
 "RBI leaves rates unchanged, says economy better prepared to deal with Covid")
RBI Monetary policy highlights: Lending rates unchanged amid Omicron scare
RBI Monetary policy LIVE updates: RBI announcement comes amid the threat surrounding Omicron coronavirus variant. Stay tuned for all the LIVE updates
'Have health-care watchdog or let us regulate it,' says Irdai member
The insurance regulator is keeping an eye on hikes in premiums, said Alamelu T L, member (non-life), Irdai
 "'Have health-care watchdog or let us regulate it,' says Irdai member")
Sharp rise in valuables purchase pushed up India's GDP growth in Q2
In absolute terms, purchase of valuables was just Rs 17,012 crore during the Q1, FY22
 "Sharp rise in valuables purchase pushed up India's GDP growth in Q2")
RBI likely to hike reverse repo by 20 bps despite uncertainty on Omicron
If Omicron becomes a major issue, risks to India's inflation will likely rise further
Pakistan receives $3 bn loan from Saudi as part of economic support package
The South Asian country has faced growing economic challenges, with high inflation, sliding forex reserves, a widening current account deficit and a depreciating currency.
MPC meet: RBI to remain cautious at next policy meeting, says expert
In case of the real growth trajectory, the trend GDP after the Covid shock continues to remain flat.
'Aap ne ghabrana nahi', Pak embassy in Serbia trolls Imran Khan
Reports said that the inflation in Pakistan has risen to 11.5 per cent from 9.2 per cent earlier this week, the highest spike in the last 20 months
 "'Aap ne ghabrana nahi', Pak embassy in Serbia trolls Imran Khan")
World food prices climb in November, stay at 10-year peak: FAO
Agricultural commodity prices have risen steeply in the past year, driven by harvest setbacks and strong demand
 "World food prices climb in November, stay at 10-year peak: FAO")
