User: kailas Topic: Economics
Category: Inflation
Last updated: Oct 11 2019 19:16 IST RSS 2.0
 
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India's industrial output shrinks at fastest rate in more than six years 11.10.2019 Reuters: Money News
India's industrial output shrank at its fastest rate in more than six years in August, reflecting the impact of an economic slowdown that could prompt the central bank to cut its key policy rate for the sixth time in December.
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Wage inequality is surging in California — and not just on the coast. Here's why 10.10.2019 LA Times: Business

Wage inequality has risen more in California cities than in the metropolitan areas of any other state, with seven of the nation's 15 most unequal cities located in the Golden State.

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In farm-rich Argentina, hunger cries ring in leaders' ears amid crisis 9.10.2019 Reuters: World News
In the hard-up neighborhood of Claypole on the outskirts of Argentine capital Buenos Aires, Elena Escobar makes her way to the local Caritas Felices soup kitchen to serve food to street children who scrape by from meal to meal.
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Most Asian units firm; Thai baht hits over 6-year high 9.10.2019 Reuters: Money News
Most Asian currencies edged higher against the dollar on Wednesday, with the Thai baht hitting a more than six-year peak, as investors held their ground amid a fresh escalation in Sino-U.S. tensions ahead of high-level trade talks.
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Weak U.S. producer inflation bolsters case for Fed rate cut 9.10.2019 Reuters: Money News
U.S. producer prices unexpectedly fell in September, leading to the smallest annual increase in nearly three years, likely giving the Federal Reserve further room to cut interest rates for the third time this year in October.
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Japan's real wages drop for eighth straight month in August 8.10.2019 Reuters: Money News
Real wages in Japan adjusted for inflation fell for an eighth straight month in August, raising worries about the resilience in consumer spending after an increase in sales tax and weakening global demand.
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Poland's ruling right-wing party banks on child subsidy to win election 7.10.2019 Reuters: World News
Maria Kolsut will be thinking about her financial security when she votes for Poland's ruling right-wing party in Sunday's parliamentary election.
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Low inflation? Nothing to worry about, Fed's George says 7.10.2019 Reuters: Money News
Kansas City Federal Reserve Bank President Esther George on Sunday rejected the notion that the U.S. central bank should cut interest rates to try to boost low inflation, which she said is largely a result of global forces that U.S. monetary policy can do little to ...
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Split vote complicates government formation after Tunisia election 7.10.2019 Reuters: World News
Tunisia's parliament looks deeply fractured after an election on Sunday, with an exit poll showing the moderate Islamist Ennahda in first place with only 17.5% of votes, meaning the coming period of government formation will likely prove long and hard.
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Merger of banks a major step towards banking reforms : Naqvi 5.10.2019 Central Chronicle
Chennai, Union Minister of Minority Affairs Mukhtar Abbas Naqvi today said the merger of 10 PSU banks into four entities was a major step on banking reforms. Participating in “Grahak Mela-Customer Outreach Initiative” programme organised by various banks here, he said bankruptcy law has played a key role in reforms in the banking sector and […]
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India's onion crisis: Why rising prices make politicians cry 5.10.2019 BBC: World
The root vegetable - and its price - holds power both in and out of the kitchen.
RBI cuts repo rate again; move will help boost economy, claims Centre 4.10.2019 Scroll.in - News that matters
The finance ministry said it has taken note of the reduction in India’s projected growth rate for 2019-’20 to 6.1%.
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Nifty, Sensex settle lower after RBI cuts rates 4.10.2019 Reuters: Top News
Indian shares fell for a fifth straight session and closed over 1% lower on Friday after the central bank cut interest rates as expected in an effort to revive growth in Asia's third-largest economy.
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Expert views: RBI cuts rates yet again in bid to revive growth 4.10.2019 Reuters: Money News
The Reserve Bank of India (RBI) on Friday cut interest rates for a fifth straight meeting this year, stepping up its efforts to kickstart an economy growing at its slowest pace in six years.
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RBI cuts rates to near decade lows to revive growth 4.10.2019 Reuters: Money News
The Reserve Bank of India on Friday cut the key policy rate to its lowest levels in nearly a decade, stepping up its efforts to kickstart an economy growing at its slowest pace in six years.
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India's services sector contracts in September on weak demand: PMI 4.10.2019 Reuters: Money News
India's dominant services sector slipped into contraction in September as new business orders fell for the first time since early 2018, according to a private survey which also found business optimism at its lowest in 2-1/2 years.
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Euro zone inflation slows to three-year low on cheaper energy 1.10.2019 Reuters: Money News
Euro zone inflation slowed in September to near a three-year low because of cheaper energy although core inflation edged higher, highlighting the challenges facing the European Central Bank.
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Dollar powers on after biggest quarterly rise since June 2018 1.10.2019 Reuters: Money News
The dollar held at a 29-month high on Tuesday as renewed evidence of strength in the U.S. economy encouraged investors to buy the greenback.
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Most Asian units slip; South Korean won drops the most on bleak data 1.10.2019 Reuters: Money News
Most Asian currencies edged lower against a stronger dollar on Tuesday, with the South Korean won weakening the most after dismal inflation and exports data stoked bets of further monetary policy easing.
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Dollar index hits two-year high, Aussie falls after RBA cut 1.10.2019 Reuters: Money News
The U.S. dollar rose to its highest in more than two years versus a basket of currencies on Tuesday before data that is forecast to show the U.S. manufacturing sector returned to growth, which would ease concern about the impact of the trade war with ...
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