Washington, April 15 (IANS) In the wake of the Iran-US war, rising crude oil prices and broader commodity pressures could complicate India’s inflation outlook and raise production costs across sectors, Chief Economic Advisor V. Anantha Nageswaran warned on Wednesday. Speaking at the US-India Economic Forum 2026, Nageswaran said the impact of global conflict extends beyond crude prices to a wider set of critical inputs. “It is not purely about the price of oil… it is about the commoditie…
Latest inflation News & Updates
Washington, April 15 (IANS) The global economy is facing a sharp slowdown and rising inflation risks as the war in the Middle East disrupts energy supplies, the International Monetary Fund (IMF) warned on Tuesday, signalling heightened uncertainty for policymakers and markets.Presenting the latest World Economic Outlook, IMF Chief Economist Pierre-Olivier Gourinchas said the conflict has “halted” earlier growth momentum and raised the risk of a major energy shock, with oil and gas prices sur…
Washington, April 14 (IANS) The US dollar has retained its role as a global safe-haven currency despite recent volatility, the International Monetary Fund (IMF) has said, even as central banks worldwide remain on high alert to contain inflation risks triggered by the Middle East conflict. Speaking during a group interview with reporters from India, Japan, the UAE, the Netherlands and Chile, IMF Chief Economist Pierre-Olivier Gourinchas said recent market movements indicate a return to more tr…
Washington, April 14 (IANS) Governments should avoid large-scale energy subsidies and instead adopt targeted, temporary support measures as the global economy grapples with a fresh supply shock from the Middle East conflict, the International Monetary Fund (IMF) cautioned on Tuesday. Speaking during a group interview with reporters from India, Japan, the UAE, the Netherlands and Chile, IMF Chief Economist Pierre-Olivier Gourinchas said fiscal responses must remain measured amid rising inflation …
Washington, April 14 (IANS) The global economy has taken a hit from the ongoing conflict in the Middle East, with growth projections lowered despite strong underlying momentum driven by technology investment and private sector resilience, the International Monetary Fund (IMF) said Tuesday.Speaking during a group interview with reporters from India, Japan, the UAE, the Netherlands and Chile, IMF Chief Economist Pierre-Olivier Gourinchas said the conflict has reversed earlier expectations of a mod…
Washington, April 14 (IANS) India’s growth outlook remains resilient despite rising global uncertainty triggered by the Middle East conflict, the Chief Economist of the International Monetary Fund (IMF) Pierre-Olivier Gourinchas said Tuesday projecting a steady expansion even as inflation edges higher.In a group interview with reporters from India, Japan, the UAE, the Netherlands and Chile, Gourinchas said, “India has been doing very, very well in 2025,” noting that growth is now estimated…
Islamabad, April 14 (IANS) Residents in Pakistan’s Karachi have been facing difficulties as the Sui Southern Gas Company (SSGC) has failed to ensure gas supply even during meal hours three times a day, local media reported on Tuesday. The SSGC claimed that it was providing gas to households from 6 am to 10:30 pm (local time) without any disruption. However, over the past two weeks, people of Karachi have complained about unannounced gas outages in their localities. The gas shortage has triggered…
New Delhi, April 14 (IANS) Indian equities continue to demonstrate strong long-term wealth creation potential, delivering 11–12 per cent CAGR over the last 20 years, with the Nifty 50 multiplying investor wealth by over 8 times, a report showed on Tuesday.Over a longer horizon, equities have grown nearly 80 times since 1990, translating to 13 per cent annualised returns, according to FundsIndia’s ‘Wealth Conversations Report.’“Overall, time in the market is more important than timing t…
Jabalpur, April 13 (IANS) The Youth Congress on Monday organised a protest in Jabalpur district of Madhya Pradesh against a proposed trade deal, claiming it would adversely affect farmers and labourers. The demonstration was led by the organisation’s National President, Uday Bhanu Chib, as party workers marched towards the Collectorate to lay siege to the office.Anticipating the protest, police had put up barricades at key locations, preventing the rally from moving forward.A tense standoff en…
New Delhi, April 13 (IANS) India’s inflation rate, based on the new Consumer Price Index (CPI) series with 2024 as the base year, edged up to 3.4 per cent in March compared to the same month of the previous year, according to data released by the Ministry of Statistics on Monday.The commodities that recorded the highest inflation during the month were silver jewellery, which saw a 148.61 per cent jump in prices, and gold jewellery, which clocked a 45.92 per cent increase in prices.Overall food i…