Page 19 - Latest Updates on Inflation
Rate setting panel meets to draft report on missing inflation target: RBI
It was the first time since the monetary policy framework came into effect in 2016 that RBI had to give an explanation to the government
 "Rate setting panel meets to draft report on missing inflation target: RBI")
Moody's downgrades Italian economy amid inflation, energy concerns
Moody's slashed its assessment of the country's banking system from "stable" to "negative", and said it expects conditions for the banking sector to deteriorate further over the coming 12 to 18 months
 "Moody's downgrades Italian economy amid inflation, energy concerns")
RBI Meeting: All you need to know about additional monetary policy meet
Under Section 45ZN of the RBI Act, 1934, the central bank is required to write a letter to the Centre if it fails to maintain the inflation target
 "RBI Meeting: All you need to know about additional monetary policy meet")
RBI's MPC to explain first inflation miss since 2016 to government today
This is the first time the Reserve Bank of India is writing such a letter after the country switched to a flexible inflation-targeting regime and formed a committee in 2016 to set interest rates
 "RBI's MPC to explain first inflation miss since 2016 to government today")
RBI's letter may cite Ukraine war as main reason for high inflation: Report
For the past few months the MPC's and the governor's conduct has pointed at the war in Ukraine as the main reason for inflation staying above 6 per cent for three consecutive quarters
 "RBI's letter may cite Ukraine war as main reason for high inflation: Report")
Acting prematurely would have hurt economy, says RBI Governor Das
Shaktikanta Das defends timing of rate hikes amid failure to meet inflation target
 "Acting prematurely would have hurt economy, says RBI Governor Das")
Despite drop in cost, companies continue to raise prices on consumers
Some companies and restaurants have continued to raise prices on consumers even after their own inflation-related costs have been covered
 "Despite drop in cost, companies continue to raise prices on consumers")
Fintechs shadow banks of current time, are fragile: Douglas W Diamond
Professor at the University of Chicago's Booth School of Business, Diamond received the prize along with Philip Dybvig and former Fed chair Ben Bernanke
 "Fintechs shadow banks of current time, are fragile: Douglas W Diamond")
Our aim is to keep 'Arjuna's eye' on inflation, says RBI Governor Das
Das also defended RBI's strategies in the recent past amid criticism over price rise
 "Our aim is to keep 'Arjuna's eye' on inflation, says RBI Governor Das")
Missed inflation target, but acting early would have exerted costs: RBI Guv
"We prevented a 'complete collapse of the economy' by keeping rates lower and stayed away from premature tightening," Das said.
Warehousing biz grows 45% in first 9 months of 2022 amid headwinds: Experts
Net absorption could reach an all-time high of 43 million sq ft by 2022-end as businesses open up and consumer demand improves
 "Warehousing biz grows 45% in first 9 months of 2022 amid headwinds: Experts")
Global health cover comes as a lifesaver for high-flyers: Experts
But examine countries covered and claim settlement mode
 "Global health cover comes as a lifesaver for high-flyers: Experts")
What is the Black Sea grain deal; where does it stand after Russia's exit?
With Russia pulling out of the deal, it would become difficult for the grain shipments to leave Ukraine. However, 12 shipments left Ukraine's ports on Monday
 "What is the Black Sea grain deal; where does it stand after Russia's exit?")
India's gold demand declines as inflation depresses rural demand
Falling demand for gold imports could also help to narrow India's trade deficit and support the rupee
 "India's gold demand declines as inflation depresses rural demand")
Inflation hits new record 10.7% in Europe, slowing economy: Report
Annual inflation reached 10.7 per cent in October, the European Union's statistics agency, Eurostat, reported on Monday
 "Inflation hits new record 10.7% in Europe, slowing economy: Report")
A healthy debate: The case for and against interest rate hike
Having raised policy rates to about 6 per cent, does India's Monetary Policy Committee need to do more? And, if so, is more front-loading warranted?
 "A healthy debate: The case for and against interest rate hike")
Inflation struck European firms seek most emergency funds since pandemic
Firms grappling with high inflation and soaring operating costs are seeking fresh short-term liquidity lines in an echo of the worst days of the 2020 coronavirus pandemic
 "Inflation struck European firms seek most emergency funds since pandemic")
Mideast, North Africa economies resilient, inflation to slow growth: IMF
The economies of Middle Eastern and North African countries were resilient this year, but double-digit inflation is expected to slow growth in 2023, the International Monetary Fund said on Monday
 "Mideast, North Africa economies resilient, inflation to slow growth: IMF")
On high inflation, here is what RBI needs to tell govt: It is your fault
All the research since 1980 shows that loose fiscal policy causes inflation, and the RBI MPC needs to tell the govt just that
Upbeat mood in India decoupled from pessimism in rich countries
To combat the cost of living crisis, the central banks of most countries have raised interest rates and curbed excess money supply
