Bharat Express DD Free Dish

inflation

The US Federal Reserve’s second 25-basis-point rate cut to 4.75% boosts optimism in emerging markets, including India.

According to the UNCTAD report, India's rising exports, especially in services, chemicals, and pharmaceuticals, contribute significantly to this growth

The RBI expressed confidence in the country’s economic stability, with Shaktikanta Das stressing a proactive approach to global challenges.

Moody's Analytics also revised India's inflation forecast down to 4.7% from 5%. The country's inflation rate stayed below 4% in July and August. For 2025 and 2026, the inflation forecasts remain unchanged at 4.5% and 4.1%, respectively.

In Asian markets, Singapore, Tokyo, South Korea, Thailand, Malaysia, and Taiwan ended higher, while Hong Kong, Shanghai, and Indonesia closed lower

In Asian markets, Thailand, Malaysia, Tokyo, and Taiwan were trading higher, while Singapore, South Korea, Hong Kong, and Indonesia were trading lower

Raising interest rates is a monetary policy instrument that typically helps suppress demand in the economy, thereby helping the inflation rate decline.

RBI Governor remarked that the future appears promising for agriculture and rural activities. He emphasized that the strengthening of rural demand and improvements in employment conditions are anticipated to stimulate private consumption.

This strategic blueprint will focus on curbing inflation, alleviating poverty and creating jobs, the Dawn newspaper reported.

While everything was going on, the WPI increased by 0.73 percent year over year in December 2023 compared to 0.26 percent the month before, which was less than the 0.9% prediction.