Washington, Aprril 30 (IANS) Surging oil prices driven by the Middle East conflict are clouding the US Federal Reserve’s economic outlook, with policymakers warning of rising inflation and uneven global impact, particularly on energy-dependent regions such as Asia. Federal Reserve Chair Jerome Powell said higher energy costs are already feeding into inflation, complicating the central bank’s policy path. “Inflation has moved up and is elevated, in part reflecting the recent increase in glo…
Latest inflation News & Updates
Washington, April 30 (IANS) The US Federal Reserve has kept interest rates unchanged as rising global energy prices linked to the Middle East conflict pushed inflation higher, while policymakers flagged growing uncertainty around the economic outlook. Federal Reserve Chair Jerome Powell on Wednesday (local time) said the central bank remains focused on its dual mandate of maximum employment and stable prices, even as inflation has “moved up and is elevated.”“The US economy has been expandi…
New Delhi, April 23 (IANS) Global economic conditions and sentiments have soured after the outbreak of the West Asia conflict, adversely impacting the growth-inflation outlook, Governor Sanjay Malhotra said in the latest RBI Bulletin on Thursday, adding that Central Bank would remain vigilant of the evolving situation and put in place policies that prioritise the best interest of the economy.The conflict in West Asia has intensified pressures on the global supply chains in March with some easing…
New Delhi, April 22 (IANS) India’s benchmark Nifty 50 could be in the 28,000–31,000 range by the end of March 2027, implying a 15 per cent to 25 per cent upside from current levels, a report said on Wednesday.The report from investment management firm OmniScience Capital underpinned the outlook on FY27 Nifty 50 earnings per share of Rs 1,280 to Rs 1,320 and projected an earnings growth of 10 per cent–13 per cent.It forecasted a potential re-rating driven by easing geopolitical tensions, mo…
Washington, April 20 (IANS) Asia’s growth remains resilient, but a surge in oil and gas prices driven by the Middle East conflict is raising risks for inflation and external balances, the International Monetary Fund (IMF) said.“Asia entered 2026 on a solid footing with growth remaining resilient despite the region bearing the brunt of US tariffs and heightened uncertainty,” Krishna Srinivasan, Director of the IMF’s Asia and Pacific Department, said at a press briefing during the Spring M…
Mumbai, April 20 (IANS) India’s primary market remained strong in FY26 with 153 IPOs collectively raising Rs 2,01,442 crore, even as broader equity markets underwent a correction, a new report said on Monday.In its outlook for FY27, HDFC Securities highlighted that robust IPO activity reflects sustained investor appetite and confidence in India’s growth story despite global uncertainties and market volatility.The report noted that India’s macroeconomic fundamentals remain resilient, with r…
Mumbai, April 17 (IANS) As India approaches Akshaya Tritiya — traditionally seen as an auspicious occasion for buying gold — investors are weighing their options as the yellow metal navigates global uncertainty, with prices rising nearly 10 per cent so far in 2026, a report has said.According to a report by Motilal Oswal Financial Services Ltd (MOFSL), despite the festive tailwinds, gold’s journey this year has remained volatile, marked by sharp swings amid a complex global backdrop and rema…
Bhopal, April 16 (IANS) In a significant relief measure, the Madhya Pradesh government has announced an increase in Dearness Allowance (DA) for state government employees drawing salaries under the 6th Pay Commission scale. The DA has been revised upward from 252 per cent to 257 per cent, providing much-needed financial support amid rising living costs. The hike, which aligns the state’s older pay scale employees with revised rates, will be effective retrospectively from July 1, 2025. Howev…
New Delhi, April 16 (IANS) The International Monetary Fund (IMF) lowered Pakistan’s economic growth forecast to 3.5 per cent for the fiscal year 2026-27 and raised its inflation outlook, a report has said.In its latest World Economic Outlook released during the Spring Meetings, the IMF cut down the growth projection from its earlier estimate of 4.1 per cent, citing the impact of the ongoing Middle East conflict, while warning that the global economy could face significant disruptions if the wa…
Washington, April 16 (IANS) The global economy is set to slow in 2026 as war-driven disruptions in energy supplies and trade routes push up prices and dent growth, International Monetary Fund (IMF) Managing Director Kristalina Georgieva said, warning of tougher conditions if the conflict persists. “Even if the conflict is short-lived, extensive infrastructure damage and supply-chain disruptions are pushing prices up and slowing global growth down from 3.4 per cent last year to 3.1 per cent in …