Page 6 - Latest Updates on Inflation
Raising policy rates is not anti-national, RBI will have to do it: Rajan
Inflation is up in India. At some point, the RBI will have to raise rates, like the rest of the world is doing, Rajan said
 "Raising policy rates is not anti-national, RBI will have to do it: Rajan")
With global finances at risk, can India avoid a repeat of the 1991 crisis?
India may have done well by keeping commercial bank lending to the government within manageable limits, but RBI has been lending more to the government, which means it has been printing more notes
ReNew Power's Sumant Sinha on economic recovery amid disruptions
In a chat with Business Standard's Arup Roychoudhury, CEO of ReNew Power and President of Assocham Sumant Sinha tells why India could grow at 6-8% per annum if external risks don't upset the cart
 "ReNew Power's Sumant Sinha on economic recovery amid disruptions")
Missing inflation mandate is a possibility: RBI's MPC member Jayanth Varma
'The markets should not assume we will guide them, because the data is coming without warning', said Varma
 "Missing inflation mandate is a possibility: RBI's MPC member Jayanth Varma")
Sri Lanka inflation surges to 21.5% in March 2022 amid economic crisis
Consequently, the food inflation also increased from 24.7 per cent last month to 29.5 per cent for March
 "Sri Lanka inflation surges to 21.5% in March 2022 amid economic crisis")
Want to beat inflation? Hedge your portfolio with exposure to gold
Stock investors must avoid highly leveraged companies and those trading at steep valuations to beat inflation.
 "Want to beat inflation? Hedge your portfolio with exposure to gold")
Pakistan govt's gross debt to be 71.3% of GDP in 2022: IMF projection
The report has projected government expenditure at 18.4 per cent of the GDP in 2022 and 17.1 per cent in 2023 compared to 18.6 per cent in 2021
 "Pakistan govt's gross debt to be 71.3% of GDP in 2022: IMF projection")
Global growth hit by prolonged inflation, supply chain disruptions: FM
Under the Indonesia presidency, the Union Finance Minister at G20 said that it is well placed to catalyse international policy coordination to deal with macroeconomic consequences
 "Global growth hit by prolonged inflation, supply chain disruptions: FM")
Retail inflation for farm, rural workers rises to 6.09%, 6.33% in March
The major contribution towards the rise in the general index of agricultural labourers and rural labourers came from the clothing, bedding and footwear group
 "Retail inflation for farm, rural workers rises to 6.09%, 6.33% in March")
IMF says governments must protect vulnerable 'when things fall apart'
IMF Fiscal Affairs Director Vitor Gaspar said poor households spent up to 60% of their budgets on food, compared to just 10% for the average household in advanced economies
 "IMF says governments must protect vulnerable 'when things fall apart'")
34% of Pakistan's population lives on income of Rs 588 a day: World Bank
The poor spend around 50% of their total consumption on food items, the World Bank said in the report released on Tuesday
Factors that could slow down the spawning of Indian unicorns in 2022
Apart from Fed rate hike, inflation and Russia-Ukraine war, it is the challenges within the soonicorn ecosystem that could spoil the billion-dollar party for many enterprises.
 "Factors that could slow down the spawning of Indian unicorns in 2022")
Floater funds back in focus as interest rates are all set to climb
They are best suited among the bouquet debt funds to sail through volatility in debt markets, say industry players
 "Floater funds back in focus as interest rates are all set to climb")
Wholesale inflation in March surges to second highest since 2004
This surge comes as commodity prices harden amid the Russia-Ukraine offensive
 "Wholesale inflation in March surges to second highest since 2004")
Focus on CPI inflation
Exchange rate stabilisation will import high tradeables inflation into India
 "Focus on CPI inflation")
Pakistan increases power tariff by Rs 4.8 per unit amid rising inflation
Former Pakistan PM Imran Khan lost power after he lost a no-confidence vote on the issues of inflation and the worsening economic situation of the country
 "Pakistan increases power tariff by Rs 4.8 per unit amid rising inflation")
Tier-2 IT firms face sharper downgrades with clients likely to pare spends
Margin pressure and valuation premium point to downside for stocks
 "Tier-2 IT firms face sharper downgrades with clients likely to pare spends")
Indian economy looks better than others, but don't raise a cheer just yet
The comparative numbers spell bad news for the world rather than any good news for India, whose growth forecasts are getting tempered even as the inflation picture is getting worse, writes T N Ninan
Gold dips, but set for weekly gain on safe-haven demand
Although gold is considered a hedge against inflation and geopolitical risks, interest rate hikes raise the opportunity cost of holding non-yielding bullion
Turkey's central bank keeps key interest rate steady amid high inflation
In a statement following a monetary policy committee meeting, the bank said it was keeping its policy rate constant at 14 per cent
 "Turkey's central bank keeps key interest rate steady amid high inflation")
