Page 46 - Latest Updates on Inflation
Yes Bank launches FD linked to repo rate, with mark-up of 1.1-1.6%
Lender also raises interest rates on standard FDs, capping them at 6.5% for regular customers, 7.25% for seniors
 "Yes Bank launches FD linked to repo rate, with mark-up of 1.1-1.6%")
Rupee ends at record low as rebound in crude deepens CAD, inflation worries
Settles at 78.0825 to the dollar as against 77.9800 at 3:30 p.m. on Monday. The previous record closing low for the domestic currency was 78.0700 on June 17
 "Rupee ends at record low as rebound in crude deepens CAD, inflation worries")
Exotic inflation: Price no worry for Indian collectors to get status pets
The prices are no deterrent for those eager to be 'different' or seeking exotic pets as status symbols
 "Exotic inflation: Price no worry for Indian collectors to get status pets")
Inflation spirals: How are Sri Lanka, Turkey and Argentina dealing with it?
Inflation is a headache in India but a life-threatening disease in Sri Lanka, Argentina, and Turkey. Here is how their central banks are battling the necessary evil
 "Inflation spirals: How are Sri Lanka, Turkey and Argentina dealing with it?")
Old is gold: Sky-high cost of ageing ships sounds inflation worldwide
The disruption to world trade caused by pandemic lockdowns and a shortage of new cargo vessels has pushed freight rates for ageing container ships to record highs
 "Old is gold: Sky-high cost of ageing ships sounds inflation worldwide")
Is there any silver lining for the markets amid current turmoil?
An initial public offer (IPO) and a follow-on public offer (FPO) are two types of public issues available to investors. Here is a breakdown of the differences between the two.
 "Is there any silver lining for the markets amid current turmoil?")
HDFC twins, HUL lift Sensex 237 pts; SmallCap index dips 3%; Metals plunge
CLOSING BELL: This was the first gain for benchmark indices in seven days
 "HDFC twins, HUL lift Sensex 237 pts; SmallCap index dips 3%; Metals plunge")
PTI supporters stage nationwide protest against inflation in Pakistan
A large number of workers and supporters of Pakistan Tahreek-e-Insaf on Sunday staged protests across the country against rising inflation on the call of party chairman and former PM Imran Khan
 "PTI supporters stage nationwide protest against inflation in Pakistan")
How does MPC function and what is its mandate?
In India, RBI's Monetary Policy Committee had raised the repo rate by 50 basis points early this month. But ever wondered who all are part of this committee and what is its mandate? Let us find out.
 "How does MPC function and what is its mandate?")
Inflation: Looking beyond forecasts
It may be worthwhile to pay attention to what the markets are telling us, as they did during the pandemic, rather than rely on consensus forecasts
Good chance that foreign money returns around Diwali: Rahul Arora
The biggest silver lining is that the markets always climb the wall of worry and find ways to make new highs, said Arora
 "Good chance that foreign money returns around Diwali: Rahul Arora")
Normal monsoon, rate cut key to bring down inflation by yr-end: Economists
Normal rainfalls aiding bumper agriculture output and the RBI further hiking interest rates to cut easy money in the system hold key to bringing down multi-year high inflation, economists said
 "Normal monsoon, rate cut key to bring down inflation by yr-end: Economists")
Pakistan's weekly inflation rate increases by 3.38% after fuel price hike
Due to the increase in the petroleum prices, the inflation rate measured by the Sensitive Price Index (SPI) in Pakistan increased by 3.38 per cent in comparison to the previous week
 "Pakistan's weekly inflation rate increases by 3.38% after fuel price hike")
Targeting 'soft landing' for economy: RBI governor Shaktikanta Das
He countered arguments that the central bank should have acted early to tackle the price rise and that it was behind the curv
 "Targeting 'soft landing' for economy: RBI governor Shaktikanta Das")
Sensex ends volatile day 135 pts lower, Nifty below 15,300; Titan drops 6%
CLOSING BELL: Bajaj twins, Coal India, JSW Steel, Apollo Hospitals, ITC, ICICI Bank, RIL, and HDFC Bank were the top Nifty gainers, rising between 0.8 per cent and 3 per cent
 "Sensex ends volatile day 135 pts lower, Nifty below 15,300; Titan drops 6%")
US in better position than any other nation to deal with inflation: Biden
At the same time, Biden acknowledged that Americans are "really, really down" on the state of the country
 "US in better position than any other nation to deal with inflation: Biden")
China budget deficit hits record high amid tax rebates, Covid pain
The drop in revenue just as more spending is needed will force local authorities to either boost their already heavy debt burden or accept weaker economic growth
 "China budget deficit hits record high amid tax rebates, Covid pain")
Bank of England boosts interest rate to 13-year high as inflation soars
Policy makers led by Governor Andrew Bailey hinted that they may join a growing global trend for larger hikes if inflation continues to soar
 "Bank of England boosts interest rate to 13-year high as inflation soars")
Dow Jones falls 758 points to lowest in over a year, techs slide
The Dow had rallied on Wednesday after the Fed Chairman Jerome Powell announced its largest rate hike since 1994
 "Dow Jones falls 758 points to lowest in over a year, techs slide")
Yield curve shows India's better long-term growth prospects: RBI paper
"The yield curve is indicating an improvement in long-term growth prospects and an upshift in ex-ante inflation expectations," the study said
 "Yield curve shows India's better long-term growth prospects: RBI paper")
