Showing results for "#High inflation"
High inflation eroded purchasing power, hit households’ savings before...
According to the Ministry of Finance, between 2009-10 and 2013–14, India faced a prolonged period of high inflation, with the average annual rate...
SL cuts policy rates to reduce inflation and boost economic recovery
1 Jun 2023 8:24 AMThe Monetary Board of the Central Bank of Sri Lanka decided to cut the policy rate by 250 basis points, saying inflation was falling faster than...
Snapping 5-day losing streak, indices up in opening session
20 April 2022 5:07 AMIn the past five sessions, the Sensex and Nifty declined almost 4 per cent.
HDFC hikes home loan rates for existing customers effective May 9
7 May 2022 11:26 AMIt would lead to an identical hike in home loan rates for exiting customers.
RBI Guv flags continued high inflation as 'a major concern'
22 Jun 2022 12:18 PMAs per the minutes of the three-day meeting, the Governor said while high inflation continues to be the major concern, revival of economic activity...
High inflation causes Crisil to cut FY23 GDP estimate to 7.3%
2 July 2022 7:17 AMIt attributed the downward revision to higher oil prices, slowing of export demand and high inflation. This is in line with the RBI’s estimate of 7.2...
Aiding e-revolution in global financial inclusion
7 July 2022 9:19 PMExpanding people’s access to finance, reducing the cost of digital transactions, and channeling wage payments and social transfers through financial...
Repo rate hiked by 50 bps to tame inflation; EMIs may soar
6 Aug 2022 12:02 AMThird hike by RBI in 3 months takes lending rate beyond pre-COVID levels.