[ad_1] The global economy is facing fresh challenges in the form of “adverse geopolitical turns and volatile crude oil prices”, and if these risks worsen and sustain, […]
India’s per capita FMCG consumption low compared to other economies: HUL MD
[ad_1] Hindustan Unilever’s (HUL’s) managing director and chief executive officer, Rohit Jawa told investors that India’s per capita FMCG (fast moving consumer goods) consumption when compared to […]
Fed leaves rates unchanged at 5.25-5.50%, sees tighter policy through 2024
[ad_1] The U.S. Federal Reserve held interest rates steady on Wednesday but stiffened its hawkish stance, with a further rate increase projected by the end of the […]
Global debt fell as share of GDP in 2022, may resume rising trend: IMF
[ad_1] The International Monetary Fund on Wednesday said that the global debt as a share of economic output fell significantly in 2022 for the second year in […]
Fed’s Powell says higher rates may be needed, will move ‘carefully’
[ad_1] By Howard Schneider and Ann Saphir The Federal Reserve may need to raise interest rates further to ensure inflation is contained, Fed Chair Jerome Powell […]
28% tax on online gaming to become effective from Oct 1, says FM
[ad_1] 28 per cent tax on online gaming to become effective from Oct 1, says FM Sitharaman after GST Council meeting. “Delhi, Goa, Sikkim seek review of […]
India to remove retaliatory customs duties on eight US-origin products
[ad_1] India will remove additional duties on eight US products, including chickpeas, lentils and apples, which were imposed in 2019 in response to America’s measure to increase […]
Bank of England hikes rates to 5% to tackle inflation, highest since 2008
[ad_1] The Bank of England raised interest rates by a bigger-than-expected half a percentage point on Thursday after it said there had been “significant” news suggesting British inflation […]
Bank of Japan keeps low rates and dovish guidance, markets not so sure
[ad_1] The Bank of Japan maintained its ultra-easy monetary policy on Friday despite stronger-than-expected inflation, signalling it will remain a dovish outlier among global central banks and focus […]
World Bank offers dim outlook for global economy on higher interest rates
[ad_1] The global economy is likely slowing sharply this year, hobbled by high interest rates, the repercussions of Russia’s invasion of Ukraine and the lingering effects of the […]