Tag: #Inflation
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World Bank Cuts Global Growth Forecast to 2.5% as Middle East Conflict Sparks Global Economic Concerns
New Delhi, June 13, 2026: The World Bank cuts the global growth forecast to 2.5% for 2026, citing escalating tensions in the Middle East, surging energy prices, renewed inflationary pressures, and increasing uncertainty in global financial markets. The latest report has raised concerns among policymakers, investors, and businesses worldwide as the global economy faces another…
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Commercial LPG Price Hike: Congress Targets PM Modi, Calls Him “Inflation Man” Over ₹993 Increase
📍 New Delhi, May 1, 2026 The recent Commercial LPG Price Hike has sparked a political storm in India, with the Indian National Congress sharply criticizing the Centre and Prime Minister Narendra Modi. The opposition has accused the government of burdening businesses with rising fuel costs and fueling inflation. The controversy follows a steep increase…
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Pakistan Sees Widespread Protests Over Fuel Price Hike, Public Anger Mounts in Sindh
Sindh (Pakistan), April 7, 2026:Widespread protests erupted across Sindh as citizens took to the streets against rising fuel prices and inflation, highlighting growing economic distress in Pakistan. Protests Spread Across Major Cities Demonstrations were reported in key cities including: Protesters expressed frustration over skyrocketing fuel prices and the rising cost of living. Symbolic Protest and…
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RBI May Raise Inflation Forecast, Warns of GDP Downside Risks Amid Global Uncertainty
New Delhi, April 7, 2026:The Reserve Bank of India (RBI) is likely to revise its inflation projections upward while flagging downside risks to GDP growth in its upcoming monetary policy review, according to a report by PhillipCapital. Inflation Projections Likely to Rise The report highlighted that the current inflation projection for the first half of…
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RBI Likely at End of Rate-Cut Cycle, May Opt for Long Pause as Inflation Risks Rise: BoB Report
New Delhi, February 9: The Reserve Bank of India (RBI) has likely reached the end of its rate-cutting cycle and may now choose a long pause in interest rates, according to a report by Bank of Baroda (BoB). The report said the RBI has limited room to cut rates further unless the upcoming new series…