After years of high prices and low inventory, car buyers might finally see things go their way. But shoppers still need to weigh their options if they want a deal, experts say. Consider certain brands or vehicle types if you’re car shopping in 2023. Loading Something is loading. Thanks for signing up! Access your favorite … Read more
‘India’s inflation acceleration to close to 7% this year has been mainly driven by high vegetable prices’. | Photo Credit: Sushil Kumar Verma India’s economic growth is likely to be subdued in the coming year, but inflation will also subside partly due to monetary policy effects and partly due to base effects, Prime Minister’s Economic Advisory … Read more
New Delhi: Amid the ongoing winter session of Parliament, Rajya Sabha MP Raghav Chadha on Monday took a jibe at Finance Minister Nirmala Sitharaman over the issue of inflation. Targeting the Union Finance Minister Nirmala Sitharaman, he said, “the Finance Minister had said that she does not eat onions, so she does not know the … Read more
(NEXSTAR) – If concerns over COVID-19 variants were top of mind earlier in the pandemic, in 2022 inflation was foremost when it came to the topics worrying most Americans, according to multiple polls. On Tuesday, new government data showed that consumer price increases are cooling but are still 7.1% higher this November than they were … Read more
It was a peculiar year for the U.S. economy, as stubbornly high inflation and gasoline prices sapped consumers’ wallets throughout 2022, and at the same time, the country avoided a recession and workers reaped the benefits of a tight labor market. According to a new Morning Consult analysis, voters were much more likely to be … Read more
Top economics news for Dec 2022: Interest rates, food prices World Economic Forum Source link
Ducati India on Monday announced that it is increasing the prices of its entire model range from January 1. However, the quantum of price hike hasn’t been disclosed yet. The company said that though it has been absorbing the costs for some time, it will now have to pass on the increase to customers through … Read more
The Indraprastha Gas Ltd (IGL) on Saturday increased CNG prices in New Delhi and its neighbouring cities of Noida, Ghaziabad and Gurugram due to a rise in the input price. Used widely in auto rickshaws, cars and buses in the national capital, CNG will now retail at ₹79.56 per kg in Delhi. Among its satellite … Read more
Sharemarkets have rallied on the hope that inflation is topping out, but company profits will be squeezed in 2023 if monetary policy is tightened more in response to wage pressures. Unfortunately, wages are growing at over 6 per cent in the UK and the US. They risk the need for a recession to get inflation … Read more
New Delhi, Dec 17: As Pakistan drastically slashed fuel prices, what will the International Monetary Fund’s (IMF) stand on the ongoing loan programme? Will the multilateral agency continue with the financial assistance programme for Pakistan after the country’s Finance Minister Ishaq Dar reduced prices of petrol and diesel (Pakistani) … Read more