Tag: inflation
Inflation, defined as the ongoing rise in prices of goods and services, has long been a significant concern for economies worldwide. In the United States, inflation has been particularly problematic, affecting consumer behavior and shaping monetary policy decisions. Following a period of heightened inflation, recent data indicates that the...
In recent discussions about India's economic recovery, the concept of 'K-shaped' growth has garnered considerable attention. This term describes a scenario where different sectors of the economy recover unevenly, leading to disparities in economic outcomes. However, this uneven recovery is not limited to growth alone; it is also evident...
Federal Reserve Chair Jerome Powell's recent congressional testimony hinted at a subtle yet significant change in the central bank's approach to interest rates. Over two days, Powell indicated a potential shift in the Fed's strategy, one that could prove more enduring than the pivot that sparked a significant market...
In October 2020, Jayanth R. Varma and Ashima Goyal joined the Reserve Bank of India's (RBI's) monetary policy committee (MPC). Since their appointments, both have played pivotal roles, often voicing dissenting opinions that have sparked debates about the RBI's monetary policy direction. Varma, initially a hawk, shifted to a...
The newly formed government is facing significant economic challenges that necessitate a reevaluation of budget priorities. The interim budget for 2024-25, crafted in the shadow of ongoing economic difficulties, must address rising unemployment, persistent food inflation, and rural distress. Despite a seemingly robust resource position bolstered by buoyant tax...
The past year has been eventful for the global economy, financial markets, and political landscapes. Key data points on inflation, market highs, and the election of new Members of Parliament (MPs) across various countries offer a comprehensive view of the shifting dynamics. This article delves into these critical areas,...
In recent times, the Indian markets—both equities and bonds—have been influenced significantly by discussions surrounding the formation of the next political leadership at the Centre. Beyond political developments, benchmark interest rates have played a crucial role in shaping market dynamics. Central banks, which use interest rates as a key...
The latest changes relating to GST recommended in the 47th GST council meeting, came into effect from 18th of July.
The Central Board of Indirect Taxes and Customs issued a set of FAQs on Sunday night, just before when new GST rates will be applicable to specified products. This move...
