Tag: inflation

Walmart Hits $1 Trillion Market Cap: Joins Elite Tech Giants

Business
Walmart becomes the 7th US company to reach a $1 trillion valuation. Discover the key drivers behind this historic stock rally and what's next for the retail giant.

Sitharaman, Rijiju Use Elon Musk’s GDP Post to Counter Opposition

Politics
Union ministers cite Elon Musk's post on India surpassing UK and Japan's GDP to rebut opposition criticism on the economy, amid debates on jobs and inflation.

RBI Acts as Rupee Crashes to Record 92 vs Dollar: Rescue Package Details

Business
The RBI announced a $5 billion swap auction and special FPI window after the rupee hit a historic low. Learn the measures and what it means for inflation and growth.

Fed Holds Rates, Rules Out Hike But Delays Cuts Over Inflation

World
US Federal Reserve keeps interest rates steady, signals no imminent hike but pushes back rate cut timeline as inflation progress stalls. Key insights from Powell.

IMF Raises India’s 2025 Growth Forecast to 7.3%

Business
IMF upgrades India's 2025 GDP growth projection to 7.3%, citing strong domestic demand. Global economy shows resilience with steady growth and falling inflation.

JPMorgan, Citi See Resilient US Consumer Despite High Rates

Business
Top US banks report strong consumer spending and manageable credit stress, offering a contrasting view to retailer warnings about affordability pressures.

UK Minimum Wage Increases: £12.71 National Living Wage Announced

Politics
2.7 million workers to get pay rises as National Living Wage increases to £12.71 and younger workers get higher percentage increases starting April next year.

India Q2 GDP Growth Projected at 7-7.5%, Beats RBI Estimate

Business
India's economy shows strong momentum with Q2 GDP growth expected between 7-7.5%, driven by rural consumption recovery and manufacturing boost.

RBI Report: Festive Demand, GST Reforms Boost Economic Growth

Business
India's economy gains momentum with 8% private sector sales growth, historic low inflation, and simplified GST structure driving recovery.

UK Budget 2024: Economic Forecasts, Tax Plans and Market Impact

World
What Chancellor Rachel Reeves' Budget means for UK economy, businesses and consumers amid slowing growth and fiscal challenges.

Bank of Thailand Seeks Weaker Baht to Boost Struggling Economy

World
Thailand's central bank governor wants a weaker baht to support exports and growth, with potential interest rate cuts amid economic slowdown.

Trump Removes Tariffs on Beef and Coffee to Lower Consumer Prices

World
President Trump eliminates tariffs on essential groceries including beef, coffee and tropical fruits amid rising consumer price concerns and political pressure.