Ministry of Commerce & Industry WPI based rate of inflation for March at 14.55% The high rate of inflation primarily due to rise in prices of crude petroleum and natural gas, mineral oils, basic metals, etcIndex Numbers of Wholesale Price in India for the month of March, 2022 (Base Year: 2011-12) Posted On: 18 APR…Continue Reading
Ministry of Commerce & Industry WPI based rate of inflation for March at 14.55% The high rate of inflation primarily due to rise in prices of crude petroleum and natural gas, mineral oils, basic metals, etcIndex Numbers of Wholesale Price in India for the month of March, 2022 (Base Year: 2011-12) Posted On: 18 APR…Continue Reading
A man sits on a domestic gas cylinder as he waits in line to buy gas on a main road, amid the country’s economic crisis in Colombo, Sri Lanka, April 12, 2022. REUTERS/Dinuka LiyanawatteThe country is facing shortage of foreign currency, food, essentials, fuel, electricity among other things. Amid the ongoing economic crisis in Sri…Continue Reading
The U.S. inflation rate is soaring at its fastest pace in more than 40 years, with costs for food, gasoline, housing and other necessities squeezing consumers and wiping out the pay raises that many people have received.The U.S. price of gasoline in March was 43 per cent higher than it was a year ago, largely…Continue Reading
NEW DELHI: Even as the market’s ride has been choppy during the first quarter of the calendar year 2022, as many as 90 stocks have already delivered multibagger returns, with some jumping over 18-fold in the three-month period. Sejal Glass has topped the charts with a 1,731 per cent rally in the last three months.…Continue Reading
As I write this, we are witnessing the horrors of war in Europe, something my generation thought would never happen again. The loss of lives and the impact of displacement of millions of people are incalculable. The effects of the crisis are felt worldwide and investors need to consider what it means for them. From…Continue Reading
Propelled by surging costs for gas, food and housing, consumer inflation jumped 7.9 per cent over the past year, the sharpest spike since 1982 and likely only a harbinger of even higher prices to come.Oil prices have skyrocketed in recent weeks, an increase that hasn’t yet been factored into the already high inflation rate. (Simon Dawson/Bloomberg)Propelled…Continue Reading
Some 44.1 per cent respondents in the IANS-CVoter Post Budget have said that prices (inflation) will “not at all” come down after this Budget. The IANS-Cvoter BUDGET INSTAPOLL was conducted right after the live telecast of the presentation of the 2022-23 Union Budget by Finance Minister Nirmala Sitharaman; interviewing approx 1,200+ randomly selected respondents across…Continue Reading
The Consumer Price Index increased at an annual pace of 4.8 per cent in December, as sharply higher prices for food led to the cost of living going up at its fastest rate since 1991.Grocery prices are going up at their fastest pace in more than a decade (Ivanoh Demers/Radio-Canada)The Consumer Price Index increased at…Continue Reading
The wholesale price-based inflation spiked to 12.54 per cent in October, mainly due to rise in prices of manufactured products and crude petroleum. WPI inflation has remained in double digit for the seventh consecutive month beginning April. Inflation in September this year was at 10.66 per cent, while in October 2020 it was at 1.31…Continue Reading