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MUMBAI: The Reserve Bank of India (RBI) said on Friday it will have to front-load its monetary policy to fight stubborn inflation and shield medium-term growth in the world's fifth-largest economy. Inflation in India has remained above the…

<!-- -->The panel has to submit its report by end of this month, according to the order.NEW DELHI: India has set up a panel to review the pricing formula for locally produced gas to ensure a "fair price to the end consumer", according…

NEW DELHI: India has set up a panel to review the pricing formula for locally produced gasto ensure a "fair price to the end consumer", according to a government order seen by Reuters, a move aimed at lowering inflation and boosting use of…

The European Union first proposed a cap on the price of gas and electricity in March, after energy prices took off when Russian tanks rolled into Ukraine. The European Commission, the EU's executive arm, said the bloc should consider…

There are “unfortunate costs” of reducing inflation, US Federal Reserve Chairman Jerome Powell said on Friday, indicating that the Fed will go for more rate hikes in the coming days to keep the economy from diving into recession. In a…

The U.S. economy will need tight monetary policy “for some time” before inflation is under control, a fact that means slower growth, a weaker job market and “some pain” for households and businesses, Federal Reserve Chair Jerome…

<!-- -->Retail inflation based on the consumer price index (CPI) softened to 6.71 per cent in July.Mumbai: Inflation is persistently at elevated levels that warrants appropriate policy responses to anchor expectations going forward,…

Call it the Bella Hadid effect or simply the hair trend of the moment, but it feels like everyone wants to sport snatched hair. So, taming flyaway hair is vital to achieving the sleek look. The downside? Keeping unruly hair in check is not…

NEW DELHI: Finance minister Nirmala Sitharamanon Tuesday said the government has adopted a targeted approach, based on ground-level inputs, to tackle retail inflation which is ruling at around 7 per cent. The minister was replying to a…

In the backdrop of an over four-decade high inflation, the US Federal Open Market Committee has raised its key policy interest rate by 75 basis points to 2.25-2.50 per cent, anticipating that the increase in the interest rates will be…