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4 mins read

Inflation spikes in June 2024 due to high food prices; Likely to affect RBI’s decision on interest rate

Indian retail inflation rises to 5.08% in June, driven by a spike in food prices. Food price inflat…

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1 min read

Inflation declines to five-year low of 3.54% in Jul: Govt data

The last time inflation was below 4 per cent was in September 2019. The government has tas…

PTI   


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2 mins read

Why June CPI is going to be a big moment for stock market bulls, according to Fundstrat's Tom Lee

"It's going to be a week of reckoning, and I mean a reckoning of how people view inflation and the …

Matthew Fox   


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3 mins read

Experts welcome moderation of inflation in July, by warns of continued inflationary pressure ahead

In July 2024, India saw its CPI inflation drop to 3.54%, the lowest in almost five years, mainly du…

ANI   


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3 mins read

CPI inflation drops to lowest in five years but road ahead could be bumpy: SBI Report

India's CPI inflation dropped to 3.54% in July 2024, the lowest in nearly five years, due to a sign…

ANI   


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4 mins read

INDIA bloc leaders gather at Jantar Mantar, demand release of Delhi CM Kejriwal

They also blamed the Centre for obstructing the work of the Delhi government, therefore leading to …

PTI   


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2 mins read

RBI retains inflation projection for FY25 at 4.5%

The Reserve Bank, which has been mandated to ensure inflation remains at 4 per cent (with mar…

PTI   


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2 mins read

Investors should immediately buy the stock market's post-CPI dip with a June rate cut still on the table, Fundstrat says

"Would you believe that this was actually a very good CPI report? I think there's a single chart th…

Matthew Fox   


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2 mins read

Inflation cooled off more than expected in June

Inflation keeps cooling. The consumer price index rose 3.0% year over year; the forecast was 3.1%.

Madison Hoff   


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2 mins read

India's retail inflation rises to a 3-month high; factory output reading shows improvement

India's inflation based on the Consumer Price Index (CPI) stood at a three-month high of 4.81% in J…

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3 mins read

The stock market's best-case interest rate scenario is in tatters after March CPI

Not only are the number of rate cuts dwindling among bank forecasts, but Larry Summers warns the od…

Jennifer Sor   


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2 mins read

Stock market today: Tech leads rebound as traders move on from CPI and brace for earnings

US stocks rebounded Thursday, moving past inflation fears that triggered a sell-off in Wednesday's …

Yuheng Zhan   


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2 mins read

Stock market today: US stocks rise to records ahead of key June inflation report

This week will also see testimony from Fed chair Jerome Powell and the official start of earnings s…

Matthew Fox   


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3 mins read

RBI Governor Shaktikanta Das projects 7.2% GDP growth for 2024-25, reports eased inflation to 5.1% in June

RBI Governor Shaktikanta Das says inflation will moderate from July onwards as the monsoon has impr…

ANI   


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2 mins read

5 reasons the stock market is headed for a 4% gain in June, according to Fundstrat

"We see positive supports for stocks in June, hence, buy the dip (if it comes)," Fundstrat's Tom Le…

Matthew Fox   


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1 min read

US interest rate cut in June seems off the table: Moody's

Rating agency Moody's believes an interest rate cut at US Federal Reserve June's meeting is likely …

ANI   


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2 mins read

India's retail inflation in Sept eases to 3-month low; Aug IIP hits 10.3%

India's retail inflation declined to a three-month low of 5.02 in September, mainly due to easing f…

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1 min read

Inflation soared in June to the fastest rate since November 1981

The Consumer Price Index rose 9.1% in June year-over-year, well above the one-year rate through May.

Madison Hoff   


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2 mins read

US stocks fall as investors brace for July CPI report

August has been tough for investors, with stocks losing steams as headlines disrupt a strong rally …

Jennifer Sor   


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3 mins read

Rate cut hopes dashed as RBI decides to chase inflation target of 4%

Economists unanimously agree that no rate cut by Indian central bank, RBI, is likely this year. Th…