US stock market crash today shocked Wall Street after US CPI inflation jumped to 3.8%, the highest level in three years. The Dow Jones fell...

Term of the Day: A stagflationary spiral is a rare economic crisis where stagnant growth and high unemployment collide with surging prices....

The 24-hour walkout also affected cargo transport by rail and ship, as workers at the country's ports and waterways joined the strike. Many...

Lagarde said the ECB was monitoring wage growth "very, very closely" because it is a key driver of inflation but the current catch up proce...

The pivotal question for Fed officials is whether the climb in US pay over the past 18 months or so is a one-time bump - as companies adjus...

At 1.5%, the ECB's deposit rate is not far from the so-called neutral rate, where the bank is neither stimulating nor holding back growth. ...

In a report released ahead of the annual meeting of the International Monetary Fund (IMF) and the World Bank, the IMF said the current coin...

Nomura said India’s terminal repo rate in this tightening cycle may rise to 6.1% by March 2023, against its earlier terminal rate projectio...

Talk around the dreaded R-word (recession) is getting louder as inflation, geopolitical tensions and supply chain disruptions hammer the gl...

Govt move could temper inflation forecasts and if monsoon aids higher farm output, it would facilitate higher interest rate reductions, say...

Kotak estimates that 240 million people will join the working age population over the next 10 years, but it expects the country will add on...

RBI's TAC voted in majority to raise the repo rate in the last monetary policy as wage-price spiral is leading to entrenched inflation expe...

Govt last week raised the MSP of nine farm items, including some pulses and oilseeds, in the range of Rs 60-450 per quintal for the 2013-14...

"A lot of things need to give way and a lot of transmission channels need to be broken to bring down the inflation pressure. "

The increase in petrol prices will have only a small impact on the benchmark wholesale inflation, but may have a disproportionately large i...

China will grow at the rate of 9.5 per cent this year, the World Bank said in its quarterly report today.

China's economic prospects remain good despite the frailty of the global recovery, while a spate of big pay increases is unlikely to touch ...