Articles for tag: Aiming, Boost, Commodities, Crucial, Curb, Elections, Export, Farmer, Incomes, India, Inflation, Key, Minimum, Prices, Scrapped

September 15, 2024

India scrapped minimum export prices on key commodities, aiming to boost farmer incomes and curb inflation before crucial elections.

The Indian government recently made significant changes to its export policies to stabilize farm prices and manage inflation ahead of upcoming state elections in Haryana, Jharkhand, Jammu & Kashmir, and Maharashtra. Notably, the minimum export price on onions was eliminated, dropping from $550 per tonne. Additionally, the export duty on onions was reduced from 40% ...

September 13, 2024

Market News

Business

RBI Governor Shaktikanta Das warns of banking risks from global commercial real estate stress amid rising inflation concerns in India.

Reserve Bank of India Governor Shaktikanta Das has raised concerns about the potential risks banks face due to stress in the global commercial real estate sector. In a recent speech at the Future of Finance Forum in Singapore, he warned that liquidity issues could arise, particularly for banks with high commercial real estate loans. He ...

September 13, 2024

Market News

Business

RBI Governor Shaktikanta Das predicts India’s growth potential at 7.5% amidst balanced inflation and economic risks, addressing global finance in Singapore.

Reserve Bank of India Governor Shaktikanta Das, speaking at the Future of Finance Forum in Singapore, projected India’s growth potential at over 7.5 percent for the ongoing financial year, surpassing the RBI’s own estimate of 7.2 percent. He acknowledged a slower growth rate of 6.7 percent in the April-June quarter due to reduced government spending ...

September 6, 2024

Market News

Business

In August 2024, thali costs plummeted, driven by massive price drops in key ingredients like tomatoes and fuel, offering hope amid inflation.

In August 2024, the cost of preparing a vegetarian thali at home decreased by 8 percent year-on-year, while non-vegetarian thali prices dropped by 12 percent. This decline was mainly due to significant price cuts in essential ingredients like tomatoes, which fell by 51 percent, and a drop in the cost of vegetable oil and spices. ...

September 5, 2024

Market News

Business

RBI Governor Shaktikanta Das reassures India’s growth amid slowing GDP, emphasizing inflation control and optimistic consumption and investment trends.

Shaktikanta Das, Governor of the Reserve Bank of India, affirmed that India’s economic growth story remains strong despite a slowdown in GDP during the first quarter. He highlighted that consumption and investment are both increasing. Das emphasized the need for new members in the Monetary Policy Committee to ensure timely meetings. He noted optimism in ...

August 31, 2024

Market News

Business

Trump’s Bold Promises: Inflation Cut, Energy Independence, and Border Security Ahead

During a recent rally in Pennsylvania, former President Donald Trump emphasized his plans to combat inflation and make life more affordable for working-class Americans. He promised to reduce energy costs by half within a year and advocated for increased government support for in-vitro fertilization treatments. Trump also stated his intention to eliminate the Green New ...

May 17, 2024

Market News

Business

Jamie Dimon warns: Inflation is much scarier than you realize and the market is too hopeful for an easy fix

Jamie Dimon, the CEO of JPMorgan Chase, has issued a warning about the current state of inflation, stating that it is worse than many people realize. Dimon also expressed concern that the Market is overly optimistic about a soft landing, indicating potential economic challenges ahead. His comments highlight the need for caution and preparedness in ...

May 15, 2024

Market News

Crypto Now

Experts: April Inflation Report Brings Relief, Here’s What You Need to Know

This month’s Consumer Price Index (CPI) report has brought a glimmer of hope for consumers as inflation rates show signs of stabilizing. Experts are optimistic about the recent numbers, with many predicting a slowdown in price increases in the coming months. Stay tuned as we break down the key takeaways from the April CPI report ...

May 15, 2024

Market News

Crypto Now

Skyrocketing housing costs boost inflation, but at slowest rate in two years

Housing prices continue to drive up inflation, but the rate of increase has slowed down to the lowest level seen in the past two years. This trend indicates a slight relief for consumers who have been grappling with rising living costs. Click to Claim Latest Airdrop for FREE Claim in 15 seconds Scroll Down to ...

May 15, 2024

Market News

Crypto Now

Prices barely budged in April, easing inflation worries for consumers

In April, consumer prices rose at a slower pace, easing inflation pressures compared to the last three months. This could indicate a slowdown in the overall cost of living for consumers. Click to Claim Latest Airdrop for FREE Claim in 15 seconds Scroll Down to End of This Post Win Up To 93% Of Your ...