At 5.9%, Bihar records highest inflation in July – Times of India
NEW DELHI: Bihar recorded the highest inflation rate at 5.9% among states and Union territories in July, followed by Assam at 5.1%, while Jharkhand had the lowest rate at 1.7%…
Global shares trade higher after Wall Street rises and Japan GDP data show growth – Times of India
TOKYO: Global shares were mostly higher Thursday after the latest report on U.S. inflation came in almost exactly as economists expected and data on Japan's economy showed relatively healthy growth.…
Core US inflation eases a fourth month, sealing Fed rate cut – Times of India
Underlying US inflation eased for a fourth month on an annual basis in July, keeping the Federal Reserve on track to lower interest rates next month.The so-called core consumer price…
UK inflation holds at 2% but underlying price pressures stay strong – Times of India
British inflation held at 2.0 per cent last month, defying forecasts for a slight fall, and underlying price pressures persisted, maintaining uncertainty about the date of the Bank of England's…
Retail inflation at 4-month high in June | India Business News – Times of India
NEW DELHI: Retail inflation rose to a four-month high in June, led by a spurt in prices of food and beverages, delaying any prospects of interest rate cuts for now,…
Retail inflation rises in June, justifying rate pause – Times of India
India’s inflation accelerated to a four-month high in June, justifying the central bank’s decision to keep interest rates higher for longer. The consumer price index rose 5.08% from a year…
US inflation broadly cools, likely sealing deal for fed rate cut – Times of India
US inflation cooled broadly in June to the slowest pace since 2021 on the back of a long-awaited slowdown in housing costs, sending the strongest signal yet that the Federal…
FY25 forecast: 7% growth, 4.5% inflation – Times of India
MUMBAI: RBI has forecast 7% GDP growth for the current fiscal, with inflation settling at 4.5%. In its FY24 annual report, RBI said the Indian economy is successfully navigating adverse…
Gold surges to new high – Times of India
Gold surged to a record, boosted by increasing optimism the Federal Reserve will start easing monetary policy this year and by rising geopolitical tensions in the Middle East.Bullion jumped as…
Veggies, pulses face heatwave price pressures – Times of India
NEW DELHI: The heatwave sweeping some parts of the country is expected to add to the price pressures for vegetables and pulses, which have been on the boil for some…