Articles for Inflation

“There Has Been An Increase In Inflation:" J&K High Court Emphasises Revising 'Notional Income' Under Second Schedule Of Motor Vehicles Act
10 hours, 31 minutes ago

“There Has Been An Increase In Inflation:" J&K High Court Emphasises Revising 'Notional Income' Under Second Schedule Of Motor Vehicles Act

Live Law  

Recognising the impact of inflation and the devaluation of currency over the years the Jammu and Kashmir and Ladakh High Court has emphasised the need to revise the notional income of non-earning persons as stipulated in the Second Schedule of the Motor Vehicles Act, 1988. The court reasoned, “The income of a non-earning person, as specified in the Second Schedule, …

Insurance Inflation Court Income Company Schedule Motor Vehicles Act
Stock market today: Asian shares are mostly higher after Wall Street rally caps a dismal week
11 hours ago

Stock market today: Asian shares are mostly higher after Wall Street rally caps a dismal week

Associated Press  

BANGKOK — Shares mostly gained in Asia on Monday after U.S. stocks capped a mostly dismal week with a broad rally that still left the benchmark S&P 500 down 2% for the week. The threat of higher inflation was one of the reasons Fed Chair Jerome Powell gave last week when the central bank hinted it may deliver fewer cuts …

Market Stock Fed Nissan
Inflation impact clear this Christmas season, labor union warns
15 hours, 26 minutes ago

Inflation impact clear this Christmas season, labor union warns

NL Times  

Employees at major Dutch retailers are voicing frustration over increasingly meager holiday gifts from their employers, with labor union FNV pointing to "Christmas inflation" as a growing issue. While some companies hand out minimal items like ladles or branded Christmas ornaments, others issue gift cards that require workers to spend additional money at their own stores. At Albert Heijn's distribution …

Gift Employees Gift Cards Fnv Vermeulen
From Trump to Bitcoin, inflation and China: the big economic trends of 2024
15 hours, 26 minutes ago

From Trump to Bitcoin, inflation and China: the big economic trends of 2024

Al Jazeera  

Economic issues, particularly living costs, were front and centre in 2024 as some 2 billion people went to the polls. Meanwhile, governments grappled with how to regulate potentially transformational technology such as artificial intelligence, and Donald Trump’s victory in the United States’ presidential election heralded a sharp turn towards protectionism. Social media silos Donald Trump’s victory in November’s presidential election …

Social Media India China Social Trump Election Economic Issues
U.S. consumer spending rises in November; monthly inflation subsides
1 day, 22 hours ago

U.S. consumer spending rises in November; monthly inflation subsides

The Hindu  

U.S. consumer spending increased in November, underscoring the economy's enduring strength, which prompted the Federal Reserve this week to project fewer interest rate cuts in 2025 than it had three months ago. Consumer spending, which accounts for more than two-thirds of U.S. economic activity, rose 0.4% last month after a downwardly revised 0.3% gain in October, the Commerce Department's Bureau …

Consumer Inflation Spending Consumer Spending Fed Quarter Rate
What changes should small businesses be aware of for 2025?
2 days ago

What changes should small businesses be aware of for 2025?

Associated Press  

For small businesses, the biggest change in the new year will be the arrival of a presumably more business-friendly administration in Washington. Among them: changes to state-level overtime and minimum wage rules, the delayed federal FinCEN registration, taxes on payments from third-party providers like Venmo and PayPal, and anything that might affect inflation, including tariffs. “What we’ve seen for the …

Business Inflation Small Business Trump Small Businesses 2025 Federal
Soaring inflation pushes up health insurance premiums; makes standardised care costlier
2 days, 1 hour ago

Soaring inflation pushes up health insurance premiums; makes standardised care costlier

The Hindu  

Since the COVID-19 pandemic, India is witnessing a surge in healthcare cost inflation, making assured and standardised healthcare unviable for several sections of the society and pushing up health insurance premiums. Speaking to The Hindu, Sumit Bohra, president of the Insurance Brokers Association of India notes that currently in India, rising healthcare costs and growing health insurance premiums are feeding …

Health India Healthcare Insurance Costs Health Insurance Premiums
Federal Reserve’s preferred inflation gauge shows price pressures eased last month
3 days, 1 hour ago

Federal Reserve’s preferred inflation gauge shows price pressures eased last month

Associated Press  

WASHINGTON — An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a sign that price pressures cooled after two months of sharp gains. The modest monthly inflation figures in Friday’s report point to one likely reason why the Fed was willing to cut its benchmark interest rate Wednesday: Its preferred inflation gauge, known …

Inflation Index Price Month Fed Rate Cut
Trump was poised to inherit a strong economy. Then things got rocky and he added to the uncertainty
3 days, 3 hours ago

Trump was poised to inherit a strong economy. Then things got rocky and he added to the uncertainty

Associated Press  

▶ Follow live updates on federal funding negotiations as a government shutdown looms. Trump vowed on social media Wednesday to “fight ’till the end” unless Democrats agreed to lift the debt ceiling as a condition for the short-term funding to keep the federal government open. By Thursday, Trump was claiming on social media that a new deal reached among Republicans …

Social Media Economy Inflation Trump Democrats Republican House
Russia’s central bank holds off on interest rate hike amid friction between inflation, war spending
3 days, 4 hours ago

Russia’s central bank holds off on interest rate hike amid friction between inflation, war spending

Associated Press  

Russia’s central bank has left its benchmark interest rate at a record 21%, holding off on further increases despite high consumer inflation fueled by the Kremlin’s war against Ukraine. The central bank held open the possibility of an increase at its next meeting and said inflation was expected to fall to an annual 4% next year from its current 9.5%. …

Europe Russia Inflation Bank Central Putin Russian
Wall Street rises to turn a dismal week into just a bad one
3 days, 10 hours ago

Wall Street rises to turn a dismal week into just a bad one

Associated Press  

NEW YORK — U.S. stocks rose Friday to turn what would have been one of the market’s worst weeks of the year into just a pretty bad one. The threat of higher inflation was one of the reasons Fed Chair Jerome Powell gave this week when the central bank hinted it may deliver fewer cuts to interest rates next year …

Market Inflation Stock Fed Wall Street
Rupee hits all-time low against US dollar. Why is it under pressure?
3 days, 15 hours ago

Rupee hits all-time low against US dollar. Why is it under pressure?

India Today  

The Indian rupee weakened to a record low of 85.10 against the US dollar on Friday, weighed down by persistent dollar strength following robust US economic data that reinforced the Federal Reserve's hawkish stance. Additionally, the US Federal Reserve’s projection of fewer rate cuts in 2025 amid sticky inflation has strengthened the US dollar, making emerging market currencies like the …

Low Rupee Dollar Us Dollar
Rachel Reeves is accused of killing growth as Bank of England warns UK economy is grinding to halt after her anti-business Budget
3 days, 15 hours ago

Rachel Reeves is accused of killing growth as Bank of England warns UK economy is grinding to halt after her anti-business Budget

Daily Mail  

Rachel Reeves was yesterday accused of killing growth as the Bank of England warned the economy is grinding to halt in the wake of her anti-business Budget. Shadow business secretary Andrew Griffith said: ‘Today’s growth downgrade from the Bank of England follows warnings from almost every business group and forecaster. Not a surprise that the financial markets are pushing up …

Business Economy England London Growth Inflation Labour
U.S. economy grows at 3.1% pace in third quarter, an upgrade from previous estimate
4 days, 1 hour ago

U.S. economy grows at 3.1% pace in third quarter, an upgrade from previous estimate

Associated Press  

WASHINGTON — The American economy grew at a healthy 3.1% annual clip from July through September, propelled by vigorous consumer spending and an uptick in exports, the government said in an upgrade to its previous estimate. Third-quarter growth in U.S. gross domestic product — the economy’s output of goods and services — accelerated from the April-July rate of 3% and …

Economy Inflation Spending Consumer Spending Rate Third Quarter Estimate
Bank of England HOLDS interest rates despite UK economy stalling after Labour's Budget raid - with fears over resurgent inflation
Trending News
4 days, 3 hours ago

Bank of England HOLDS interest rates despite UK economy stalling after Labour's Budget raid - with fears over resurgent inflation

Daily Mail  

The Bank of England kept interest rates on hold today despite mounting alarm at the stalling economy. Interest rates, which influence how much banks charge for loans and mortgages, are used as a tool by the central bank to keep inflation at its 2 per cent target level. Most economists had thought the latest data, and the prospect of price …

Inflation Labour Budget Bank Interest Rates Cent Rates
Bank of England warns of ‘heightened uncertainty’ as it keeps interest rates on hold
4 days, 4 hours ago

Bank of England warns of ‘heightened uncertainty’ as it keeps interest rates on hold

Associated Press  

LONDON — The U.K.’s central bank warned Thursday of “heightened uncertainty” as it kept interest rates on hold after inflation moved further above target, even at a time when the British economy is flatlining at best. The Bank of England’s nine-member Monetary Policy Committee kept its main interest rate unchanged at 4.75% with new data showing inflation rising to 2.6%, …

England Bank Interest Rates Interest Bank Of England Inflation Rates Heightened Uncertainty
Interest rates live updates: Bank of England verdict due after surprise inflation rise
Top News
4 days, 5 hours ago

Interest rates live updates: Bank of England verdict due after surprise inflation rise

The Independent  

Chancellor of the exchequer Rachel Reeves said the figures are a ‘reminder that for too long the economy has not worked for working people For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN …

Bank Interest Rates Cent Inflation Rise
Bank of England set to keep interest rates on hold TODAY despite UK economy stalling after Labour's Budget raid - with fears over resurgent inflation
Top News
4 days, 6 hours ago

Bank of England set to keep interest rates on hold TODAY despite UK economy stalling after Labour's Budget raid - with fears over resurgent inflation

Daily Mail  

The Bank of England is set to keep interest rates on hold today despite mounting alarm at the stalling economy. Interest rates, which influence how much banks charge for loans and mortgages, are used as a tool by the central bank to keep inflation at its 2 per cent target level. Rob Wood, chief UK economist for Pantheon Macroeconomics, said: …

Inflation Budget Bank Interest Rates Cent Today Rates
Brits get soaked again! Check how much YOUR water bill is going up by after watchdog signs off massive hikes... with some places facing 53% rise PLUS inflation
4 days, 8 hours ago

Brits get soaked again! Check how much YOUR water bill is going up by after watchdog signs off massive hikes... with some places facing 53% rise PLUS inflation

Daily Mail  

Water bosses were today given the green light for huge bill hikes averaging 36 per cent over the next five years. Southern Water customers are being hit hardest with bills going up 53 per cent over the period - and inflation projected to add another 10 per cent. The water firms provide supplies to England and Wales The proposed bill …

England Wales Water Investment Companies Cent Bills
England's tuition fees to rise with inflation
4 days, 15 hours ago

England's tuition fees to rise with inflation

China Daily  

Amid fears of a growing financial crisis among universities in England, the UK government is expected to announce that tuition fees will rise in tandem with inflation over the next three years. Following last month's announcement of England's first tuition fee rise in eight years, Education Secretary Bridget Phillipson is set to unveil the plans for fees to exceed 10,000 …

England Inflation Fees Fee Tuition Fees Tuition
US Federal Reserve lowers interest rates, signals slower cuts for 2025
Trending News
4 days, 15 hours ago

US Federal Reserve lowers interest rates, signals slower cuts for 2025

India TV News  

The Federal Reserve cut its benchmark interest rate by a quarter for the third consecutive time. Future outlook: Moderate reductions expected by 2025 Another quarterly outlook indicated only two rate cuts in 2025, with officials predicting government rates to reach 3.75 per cent-4 per cent by the end of that year. Fed Governor Michelle Bowman warned that inflation would remain …

Market Inflation Interest Rates 2025 Cent Federal Reserve Jerome Powell
US Fed slashes rates by 25 basis points, bracing for policy uncertainty
Trending News
4 days, 15 hours ago

US Fed slashes rates by 25 basis points, bracing for policy uncertainty

China Daily  

Xinhua | Updated: 2024-12-19 09:29 Photo taken on April 20, 2022 shows the US Federal Reserve building in Washington, DC, the United States. WASHINGTON -- The US Federal Reserve on Wednesday slashed interest rates by 25 basis points, the third consecutive rate cut in this easing cycle, as it braces for uncertainty stemming from the incoming Donald Trump administration's tariff …

Policy Committee Federal Fed Rate Powell Basis
US Fed slashes rates by 25 basis points, bracing for policy uncertainty
Trending News
4 days, 15 hours ago

US Fed slashes rates by 25 basis points, bracing for policy uncertainty

China Daily  

WASHINGTON -- The US Federal Reserve on Wednesday slashed interest rates by 25 basis points, the third consecutive rate cut in this easing cycle, as it braces for uncertainty stemming from the incoming Donald Trump administration's tariff policies. In support of its goals, the committee decided to lower the target range for the federal funds rate by 25 basis points …

Policy Committee Federal Fed Rate Powell Basis
US Federal Reserve cuts key interest rates by 0.25%
4 days, 15 hours ago

US Federal Reserve cuts key interest rates by 0.25%

India Today  

WASHINGTON : The Federal Reserve cut its key interest rate on Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, largely because of still-elevated inflation. The Fed’s 19 policymakers projected that they will cut their benchmark rate by a quarter-point just …

Economy Inflation Trump Fed Rate Rates Reserve Cuts