Articles for Inflation Relief

RBA says February rate cut not guaranteed even if inflation figures rosy
1 month ago

RBA says February rate cut not guaranteed even if inflation figures rosy

ABC  

The Reserve Bank could hold off on a February rate cut even if underlying inflation is lower than it expects, a move that would reverberate among mortgaged households and could undermine the federal government's electoral fortunes. But the minutes suggest a rate cut is not assured even if December inflation is low using the Reserve Bank's favoured "underlying" measure, which …

Energy Board Inflation Relief Rate Cut Bill
Budget 2024: This change to old income tax regime can provide relief to millions
5 months, 1 week ago

Budget 2024: This change to old income tax regime can provide relief to millions

India Today  

Finance Minister Nirmala Sitharaman is set to present the Union Budget 2024 on July 23, and as usual, a key demand amongst citizens is for tax relief. While reports indicate that the government may introduce measures to enhance the appeal of the new income tax regime, taxpayers are also hoping for a revamp of the old regime, which offers the …

Tax Inflation Income 2024 Old Lakh Regime
Preparing for La Nina days
7 months, 1 week ago

Preparing for La Nina days

Hindustan Times  

Conditions have turned favourable for the La Nina phenomenon in the next few months, according to the Climate Prediction Centre of the National Oceanic and Atmospheric Administration of the US. The rains — the India Meteorological Department has already predicted an above-normal monsoon with estimated rainfall of 106% of the long period average — would be a welcome relief for …

Monsoon La Nina
Inflation drops to 10-month low in March 2024, but no relief on food bills yet
8 months, 1 week ago

Inflation drops to 10-month low in March 2024, but no relief on food bills yet

The Hindu  

India’s retail inflation moderated to a ten-month low of 4.85% in March from 5.1% in February, but food inflation remained sticky at 8.52%, little changed from the 8.66% recorded in the previous month as price rise accelerated in cereals and meat, while vegetables, pulses, spices and eggs remained in double-digit inflation. Even as crude oil prices are firming up and …

Food India Inflation Prices Food Inflation Month Rate
"I am very worried about this," Elizabeth Warren says while talking inflation on CNN
2 years, 3 months ago

"I am very worried about this," Elizabeth Warren says while talking inflation on CNN

Salon  

Senator Elizabeth Warren appeared on CNN's "State of the Union" on Sunday morning to talk inflation concerns with host Dana Bash. During the segment, Warren made it clear that she's "very worried" about the way the scales are tipping. There is nothing in raising the interest rates, nothing in Jerome Powell's tool-bag, that deals directly with those, and he has …

Interest Rates Bash Elizabeth Warren
Indiana gas tax increases while state eyes inflation relief
2 years, 6 months ago

Indiana gas tax increases while state eyes inflation relief

Associated Press  

INDIANAPOLIS — Indiana will see another increase in state gasoline taxes starting July 1 amid promises of inflation relief — including a proposal to issue direct payments to Indiana residents later this month. The state’s residents will pay 62 cents per gallon in taxes on gasoline, the state Department of Revenue announced Monday — another jump from June’s record-high 56 …

State Indiana Holcomb Cents Inflation Relief Gasoline Taxes