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The fiscal deficit was already screwed even before the tax cuts. At least the govt can say that it is now due to the reforms!!🤣🤣 Higher fiscal deficit is justified in times of collapsing growth and ultra low inflation, especially if benefits go in form of tax cuts
In Istanbul, the season's hottest items are ... jar lids. Used in canning, jar “lids have become black-market items,” said a supermarket worker. People are taking advantage of a lull in skyrocketing inflation, expecting food prices to surge this winter.
Ghana’s central bank holds rate for the fourth consecutive time even as inflation falls below the midpoint of its target range for the first time
ING - NBH Preview/More uncertainties point to the status quo: New uncertainties have emerged since the last NBH meeting. Besides the oil price and FX shocks, dichotomy still prevails on the external and domestic sides of the inflation outlook. Hence, we…
#MintExplainer | Shaktikanta Das said that there is room for further interest rate cuts to bolster economic growth given that inflation continues to remain within the central bank’s target. He added that the government has limited space for any fiscal expansion @UtpalBhaskar
Economic Times Ø Oil Crisis to have limited impact on Inflation : RBI Guv Ø Banks won't declare NPA for MSME Loans till March: FM 👍 Ø TRAI floats Paper to simplify, speed up M&A approvals👍 Ø Coming up: Rs 20k-cr fund for non-NPA Housing Projects
Japan August consumer inflation eases to two-year low in blow to BOJ #india #indiabiz
Japanese inflation hits a two-year low
Report: After surprising everyone with four successive rate cuts this year, Reserve Bank governor @DasShaktikanta said, 'there is more room' to do so given the growth deceleration and stable inflation that is likely to stay below target for a year or so.
Japanese inflation hits a 2-year low
There is a rumour of rate cut due to controlled inflation, however it may not give positive impact the way it used to as earlier banks were in gains due to rate cut wasn't passed on further but now rate cuts have to be passed on to end customer🤘
The U.S. Treasury sold $12 billion of 10-year inflation-indexed notes at a yield of 0.174 percent