What is Inflation

Government imposes limits on the quantity of wheat that traders, wholesalers can hold until March 31

"In terms of the outlook for this year, we believe that milk prices will continue to increase, since there is a shortage of milk heading into the peak demand season," said an economist

Timing the markets to catch a low, analysts caution, will not be a wise strategy at the current levels given the slew of domestic and global developments over the next few weeks

With the inflation rate ruling at an all-time high, there is hardly any scope for GST rate rationalisation, say sources

Economists expect 40-50 bps hike in repo rate by MPC next month

Without a bailout from the International Monetary Fund, Pakistan may default for the second time in its history amidst inflation at its peak.

However, it said that these restrictions would not be applicable on sugar being exported to the EU and the US under CXL and TRQ

Snap set for worst day on record after profit warning; Abercrombie & Fitch slumps after lowering revenue outlook

In a Q&A, the head of the fixed income vertical at the firm says the 10-year benchmark rising above 7% is normal and not a sign of instability

At the interbank forex market, the domestic unit opened at 77.69 against the US dollar. It moved in a range of 77.51 to 77.69 during the session

MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.3% as the region's major markets traded in the red. Oil rose and gold extended its recent gains

Oil minister Hardeep Singh Puri said oil prices staying at $110/barrel could pose bigger threats than inflation to the global economy.

Here is the Best of BS Opinion for Monday

In April, the wholesale food price index rose 8.9 per cent, while the consumer food price index rose 8.4 per cent

The rupee's free fall comes at a time when FMCG and paint companies have been battling higher raw material costs for over a year, and have been forced to go for multiple rounds of price hikes

But experts call for other fiscal measures too to bring inflation down

Albanese seized upon the rising cost of living as a key issue in his attack on the outgoing coalition govt

However, among BJP-ruled states, Gujarat was unlikely to follow suit and reduce VAT on petrol and diesel, said senior officials

The government estimates another Rs 500 billion additional funds will be needed to subsidise fertilisers, from the current estimate of Rs 2.15 trillion, two officials said

From a two- to three-year perspective, the market looks reasonably rewarding after the recent correction.