A day after government data revealed that retail inflation has shot up to a 15-month high of 7.4 per cent, Prime Minister Narendra Modi addressing the nation from the ramparts of the Red Fort promised that his government will take necessary action to tame price rise. According to data released by the Union ministry of statistics and programme implementation for …
Today’s inflationary surge is global in nature and is being felt by most advanced economies, emerging markets and developing economies. Inflation in the US continued to surge to a massive 8.5 per cent in March 2022, after an equally steep rise of 7.9 per cent and 7.5 per cent in February and January 2022 respectively. Fuel inflation in the US …
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