Page 10 - Latest Updates on Inflation
Step out of your homes against inflation, unemployment: Congress Prez
Kharge said Rahul Gandhi is standing against the hatred and appealed to the people to join his mega walkathon
 "Step out of your homes against inflation, unemployment: Congress Prez")
Inflation may be past peak but cost of living crisis far from over: Experts
Inflation is likely to have reached its peak in 2022 but there is no end in sight for the cost of living crisis, experts said on Tuesday
 "Inflation may be past peak but cost of living crisis far from over: Experts")
India's rising home prices, rentals a new inflation threat: Analysis
Urban housing inflation rose to 4.47% year-on-year in December 2022
 "India's rising home prices, rentals a new inflation threat: Analysis")
WPI inflation cools to 22-month low of 4.95% in Dec as food prices fall
In November 2022, wholesale price inflation stood at 5.85 per cent. In December 2021, it was at 14.27 per cent
 "WPI inflation cools to 22-month low of 4.95% in Dec as food prices fall")
US interest rate-cut expectations have yellow metal shining bright
Mild recession, low inflationary pressures in the US and a stronger rupee would act as headwinds
 "US interest rate-cut expectations have yellow metal shining bright")
Hit by Ukraine war, inflation, global jobs growth will halve in 2023: ILO
Global employment growth is expected to slow down sharply to 1% this year compared to 2% in 2022, hit by the economic fallout of the war in Ukraine, inflation and tighter monetary policy, the ILO said
 "Hit by Ukraine war, inflation, global jobs growth will halve in 2023: ILO")
Rising prices of non-perishables may not allow food inflation to cool soon
Inflation being driven by cereals, spices, milk, prepared meals and snacks
 "Rising prices of non-perishables may not allow food inflation to cool soon")
WPI inflation falls to 4.95% in December from 5.85% in previous month
Inflation in manufactured products was 3.37 per cent during the month
 "WPI inflation falls to 4.95% in December from 5.85% in previous month")
Indices rebound after 3-day decline on easing inflation; Sensex up 303 pts
The 30-share BSE Sensex rose by 303.15 points or 0.51 per cent to settle at 60,261.18. During the day, it jumped 460.23 points or 0.76 per cent to 60,418.26
 "Indices rebound after 3-day decline on easing inflation; Sensex up 303 pts")
Crypto wrap: Market recovers after weeks due to softening of inflation
The US inflation cooled down to 6.5% in December as compared to a year ago
 "Crypto wrap: Market recovers after weeks due to softening of inflation")
Yen jumps as markets test Bank of Japan, inflation retreat lifts stocks
A wave of emergency BOJ buying later reined the yield back in, but markets remained jumpy
Sensex ends 303 pts higher fueled by Infosys, ICICI Bank; Nifty near 17950
CLOSING BELL: Within sectors, barring consumer durables, PSB and Metal indices on the Nifty logged in most gains, up over 1 per cent each, followed by IT and financial pockets
 "Sensex ends 303 pts higher fueled by Infosys, ICICI Bank; Nifty near 17950")
IMF chief expects to keep 2023 global growth forecast steady at 2.7%
IMF Managing Director Kristalina Georgieva said 2023 would be another "tough year" for the global economy, and inflation remained stubborn, but she did not expect another year of successive downgrades
 "IMF chief expects to keep 2023 global growth forecast steady at 2.7%")
Best of BS Opinion: The perennially ruling party, 'Crewed' lessons & more
Here is the best of Business Standard's opinion pieces for today
 "Best of BS Opinion: The perennially ruling party, 'Crewed' lessons & more")
Energy crisis driving inflation, slowing GDP, creating social turmoil: WEF
The report has proposed 10 key actions to align immediate responses with long term goals and a framework to prioritise energy security for a just and sustainable energy transition
 "Energy crisis driving inflation, slowing GDP, creating social turmoil: WEF")
Conflict and inflation: Indian realities
Policymakers must be wary of using frameworks tailored by rich countries to address rich country problems when crafting India's inflation-control strategy
Global economy 2023: How countries are tackling the cost of living crisis
Inflation increased significantly in the US in late 2021 and early 2022, reaching levels higher than at any time in the last 40 years
 "Global economy 2023: How countries are tackling the cost of living crisis")
At 4% of GDP, household financial savings touch 30-year low; consumption up
In FY22, savings stood at 7.3 per cent. This fall in savings indicates an increase in consumption
 "At 4% of GDP, household financial savings touch 30-year low; consumption up")
GM Mustard won't solve India's edible oil import problem, says Ashok Gulati
Gulati says he is in support of GM mustard, but to say that it will solve India's problem of edible oil imports is a stretch
 "GM Mustard won't solve India's edible oil import problem, says Ashok Gulati")
RBI not seen taking eye off inflation as prices may stay sticky in 2023
'Govt to continue fiscal prudence,' say bankers at book launch of Roller Coaster - An Affair with Banking by veteran journalist Tamal Bandyopadhyay
 "RBI not seen taking eye off inflation as prices may stay sticky in 2023")
