Page 85 - Latest Updates on Inflation
Fed sees growth surge, jump in inflation this year but no change on rates
Fed sees 2021 GDP growth of 6.5%, unemployment at 4.5%; Powell says worst economic outcomes of pandemic avoided
 "Fed sees growth surge, jump in inflation this year but no change on rates")
Robust growth trajectory drives gains for Asian Paints
Falling crude oil prices to support margins
 "Robust growth trajectory drives gains for Asian Paints")
Price hikes likely in consumer durables in March-April due to strong uptick
With a strong uptick in commodity prices, there exists a possibility of price hikes in consumer durables towards the end of March or beginning of April, as per Motilal Oswal Institutional Equities
 "Price hikes likely in consumer durables in March-April due to strong uptick")
Best of BS Opinions: Tariff on solar power, Biden's mega stimulus, and more
Here's a selection of Business Standard opinion pieces for the day
 "Best of BS Opinions: Tariff on solar power, Biden's mega stimulus, and more")
Dealing with cost-push inflation
At present, an important reason for the large leeway around the inflation target lies in the behaviour of the prices of oil and food, which can push prices more generally
A high-pressure growth gamble
Biden administration's mega-stimulus could set off a tug of war between growth and inflation and a churn in the markets
Sensex, Nifty fall amid concerns of rising inflation, Covid-19 cases
Sensex plunges 990 points before recovering
 "Sensex, Nifty fall amid concerns of rising inflation, Covid-19 cases")
Analysts bet on defensive sectors amid rising inflation concerns
India's retail inflation, according to data released this Friday, surged to a three-month high of 5.03 per cent in February, as against 4.06 per cent in the previous month
 "Analysts bet on defensive sectors amid rising inflation concerns")
WPI inflation rises to 4.17% in February on costlier food, fuel, power
After witnessing months of softening of prices, the food articles in February saw 1.36 per cent inflation. In January it was (-) 2.80 per cent
Gold rises on inflation worries after passage of US stimulus bill
Spot gold rose 0.3% to $1,732.02 per ounce by 0134 GMT, while U.S. gold futures for April delivery rose 0.7% to $1,730.90 per ounce
 "Gold rises on inflation worries after passage of US stimulus bill")
Chief Economic Advisor Subramanian bats for growth over inflation
Subramanian on Saturday has said that the country requires growth at this juncture
 "Chief Economic Advisor Subramanian bats for growth over inflation")
Retail inflation jumps to 3-month high of 5.03% amid rise in fuel prices
Food inflation rose to 3.87 per cent from 3.11 per cent over this period.
 "Retail inflation jumps to 3-month high of 5.03% amid rise in fuel prices")
Investors should be prepared for biggest inflation scare since 1980s: Wood
The return of inflation fears have been stoked again by the rise in commodity prices, especially oil
 "Investors should be prepared for biggest inflation scare since 1980s: Wood")
Investors continue to pour money into funds, shrug off inflation fears
Flows into equity mutual funds doubled from last week to $20.4 billion in the week to March 10, data from Refinitiv Lipper showed
 "Investors continue to pour money into funds, shrug off inflation fears")
World stock markets hit two-week high as inflation concerns abate
The yield on the benchmark 10-year Treasury note fell as low as 1.475%, the first time it had dipped below 1.5% in a week. It last fell 2/32 in price to yield 1.5266%, from 1.52% late on Wednesday
 "World stock markets hit two-week high as inflation concerns abate")
A professional for the job: G P Samanta, India's new chief statistician
Respected economist takes up job as critics keep up their doubts about official data
 "A professional for the job: G P Samanta, India's new chief statistician")
World stocks hit highest in a week as inflation worries ebb
E-mini futures for the U.S. S&P 500 index gained to their highest in two weeks, up 0.7%
 "World stocks hit highest in a week as inflation worries ebb")
US consumer prices rise in Feb; underlying inflation muted for now
The consumer price index increased 0.4% last month after rising 0.3% in January.
 "US consumer prices rise in Feb; underlying inflation muted for now")
Top headlines: Blackstone-Sify deal, Wipro's Capco deal, and more
Business Standard brings you top news of the day
 "Top headlines: Blackstone-Sify deal, Wipro's Capco deal, and more")
Centre should take necessary steps to control inflation: Rajasthan CM
Rajasthan CM Ashok Gehlot said Centre should take necessary steps to control inflation otherwise dissatisfaction among people will increase, which will not be in favour of the country
 "Centre should take necessary steps to control inflation: Rajasthan CM")