Page 38 - Latest Updates on Inflation
Looking through supply-side inflation is a flawed approach: Viral Acharya
Financial market dominance over central banks is a huge problem and challenge, former RBI deputy governor Viral Acharya says
 "Looking through supply-side inflation is a flawed approach: Viral Acharya")
Karma catches up with the rich
The world's most powerful nations are accountable for colossal economic and political mismanagement
 "Karma catches up with the rich")
Responding to global stagflation
Against an increasingly stagflationary global backdrop, domestic policy will have to judiciously assign different policy instruments to help achieve competing macro objectives
FM defends handling of inflation, says GST regime hasn't raised tax burden
In Rajya Sabha, Sitharaman said GST tax on food items such as rice, wheat flour and curd was agreed to by all states and that such a levy pre-existed on one or the other daily essentials in 22 states
 "FM defends handling of inflation, says GST regime hasn't raised tax burden")
Pakistan's consumer price index increases to 24.9% in July, at 14 year-high
Pakistan's consumer price index (CPI) rose 24.9 per cent year on year in July as compared to the same month a year ago when it was recorded at 8.4 per cent, according to official figures
 "Pakistan's consumer price index increases to 24.9% in July, at 14 year-high")
Covid-19, inflation and foreign aid cut accelerating health inequality: WHO
WHO Director-General has said that overlapping crises of Covid-19, inflation and cuts to foreign aid by wealthy countries are accelerating health inequality and disrupting health services.
 "Covid-19, inflation and foreign aid cut accelerating health inequality: WHO")
10-year bond yield eases to nearly three-month low, rupee gains
Softening of crude oil prices reduces upside risks to India's inflation, given that the country is among the biggest importers of the commodity
 "10-year bond yield eases to nearly three-month low, rupee gains")
Sensex sprints 545 pts, reclaims 58K; Nifty tops 17,300; TaMo up 7%, M&M 6%
CLOSING BELL: M&M (up 6 per cent) was the top Sensex gainer, followed by RIL, Maruti Suzuki, Bharti Airtel, Power Grid, Kotak Bank, Ultratech Cement, ITC, NTPC, SBI, Axis Bank, and Titan
 "Sensex sprints 545 pts, reclaims 58K; Nifty tops 17,300; TaMo up 7%, M&M 6%")
Falling commodity prices may soften inflation, but it may remain elevated
Parliament likely to discuss the matter today; MPC to consider matter at 3-day meet that begins on Wednesday
 "Falling commodity prices may soften inflation, but it may remain elevated")
It's a stock-pickers mkt; recovery to peak levels possible: Abhijit Bhave
'I strongly believe in the benefits of diversification within an asset class', said Abhijit Bhave
 "It's a stock-pickers mkt; recovery to peak levels possible: Abhijit Bhave")
The Great Resignation worked: Most job-swappers got a raise, shows data
For those who stayed, less than half saw real wage gains, according to a study by Pew Research Center
 "The Great Resignation worked: Most job-swappers got a raise, shows data")
An old, new bull market?
Rising inflation, rising interest rates, and slow growth together act as a cold wet blanket on the stock market
Inflation eats into India's rural demand while green shoots become visible
After a pandemic slump, consumer goods makers are banking on a good monsoon but erratic rain patterns make a sustained recovery open to question
 "Inflation eats into India's rural demand while green shoots become visible")
Pilots with Germany's Lufthansa back possible strike over pay dispute
The Vereinigung Cockpit union is calling for a 5.5% pay increase this year and an automatic adjustment for inflation starting next year.
 "Pilots with Germany's Lufthansa back possible strike over pay dispute")
Exports to take severe beating if recession hits US, Europe: Experts
Domestic demand may have to cushion the external impact
 "Exports to take severe beating if recession hits US, Europe: Experts")
Cost inflation, exceptional expense spoil Jubilant FoodWorks Q1 show
The Ebitda margins are expected to remain in the 24-25 per cent this fiscal and the acquisition of 40 per cent stake in Roadcast Tech Solutions will help improve efficiencies in delivery
 "Cost inflation, exceptional expense spoil Jubilant FoodWorks Q1 show")
Market sentiment gets a boost as FPI selloff stems in July after 10 months
What led to such record outflows? "Rising global central banks' rates, rupee depreciation, expensive valuations and geopolitical risks," says BofA in a note.
 "Market sentiment gets a boost as FPI selloff stems in July after 10 months")
Smart policy choice can help you tackle medical inflation: Experts
Most Ayush treatment happens out-patient; your policy may not be very useful if it offers only hospitalisation cover
 "Smart policy choice can help you tackle medical inflation: Experts")
Euro zone's inflation at record 8.9% in July, highest since 1997
Annual inflation in the eurozone's 19 countries rose to 8.9 per cent in July, an increase from 8.6 per cent in June
 "Euro zone's inflation at record 8.9% in July, highest since 1997")
Sri Lanka inflation rises to 60.8% in July as dollar crunch persists
Transport costs surge 143.6%, while food prices have increased 90.9%
 "Sri Lanka inflation rises to 60.8% in July as dollar crunch persists")
