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Over 15,000 demonstrators braved the bitter cold in Brussels on Friday to call for more measures to shield them from high energy prices and better pay to counter runaway inflation. Because of the protest backed by the three main unions, public services were affected throughout Belgium, especially rail and subway systems in and around the capital and Brussels international airport. With people increasingly under pressure from high prices, the unions demanded pay increases at a time when companies such as energy giants are making massive profits. They seek a freeze in energy prices and increased taxation on capital. We won't stop unless workers get what they deserve, the unions said in a statement. Police estimated the crowd walking in freezing temperatures through the capital at 16,500.
According to experts, after three consecutive 50 basis point rate hikes, the RBI may decide to reduce the rate increase by 25 to 35 basis points for lending rates
If interest rates continue at their current trajectory, the appetite will go down, impacting the consumption and the markets, co-founder of Zerodha and True Beacon said
But cautions that fight against price rise will be 'dogged and prolonged'
Bitcoin rose by almost 4 per cent after dropping to its lowest at $18,300 post-US inflation data was released
A new report reveals people in villages are concerned about inflation and its impact on their financial condition
Margin levels could see an improvement on higher volumes, price hike
Fears of uncertain inflation and growth trajectory are keeping markets volatile. Should investors look to invest in Indian markets, or it is a good time to diversify into international markets?
Prices in Italy were 8.4 per cent higher in August than they were a year earlier, a level that had not been recorded since December 1985, the country's National Institute of Statistics reported
On their part, technical analysts see the Nifty is hit 18,100-18,200 levels before it makes any major attempt to reverse. However, this journey, they caution, can see intermittent corrections
The World Bank last month cut India's economic growth forecast for the current fiscal to 7.5 per cent owing to rising inflation, supply chain disruptions and geopolitical tensions
Shares worldwide took a dive over inflation concerns leading to a severe decline in bond yields
Dabur's food and beverages vertical saw strong double-digit growth in the quarter on the back of improving out-of-home consumption, innovation, and intense summer season
Clarity on macro and monetary policy outlook in the US/India, it said, is the silver lining that could see markets bottom out by August/September 2022., it said
Apart from Fed rate hike, inflation and Russia-Ukraine war, it is the challenges within the soonicorn ecosystem that could spoil the billion-dollar party for many enterprises.
The Congress has been attacking the Centre over reduction in the rate of provident fund deposits and the rising inflation
Soaring energy and food prices triggered by Russia's invasion of Ukraine could exacerbate existing food security concerns in Middle East and Africa, and may fuel growing social unrest, said World Bank
As the Russian tanks rolled into Ukraine, they set in motion a war as well as an economic upheaval across Asia. Take a peek into the troubles that the war might cause to these nations, including India
Erdogan said, in addition to the tax discount, the government expects food companies to lower their prices by 7%
Of late, prices of metals, such as copper, steel, and aluminium, and crude oil have come off by up to 15 per cent from their October peaks