User: kailas Topic: Economics
Category: Inflation
Last updated: Feb 21 2020 01:24 IST RSS 2.0
 
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Economic activity remains weak: RBI 21.2.2020 Rediff: Business
India's economic growth is estimated to have slowed down to 11-year low of 5 per cent during the current financial year ending March 2020.
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Economy needs more monetary stimulus, says Das 20.2.2020 Hindu: Rx
Minutes of meeting show ‘accommodative’ stance favoured
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China releases water from dams to ease Mekong River drought, promises more help 20.2.2020 Reuters: World News
China on Thursday said it was helping its downstream neighbours cope with a prolonged drought by releasing more water from its dams on the Mekong River, adding it would consider sharing information on hydrology to provide further assistance in the ...
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U.S. economy to dodge coronavirus blow, but risks to downside - Reuters poll 20.2.2020 Reuters: Money News
The impact of the coronavirus outbreak in China on U.S. economic growth will be negligible and short-lived, according to economists in a Reuters poll who nonetheless now say risks to their forecasts are skewed more to the downside.
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U.S. housing starts fall, building permits near 13-year high 19.2.2020 Reuters: Money News
U.S. homebuilding fell less than expected in January while permits surged to a near 13-year high, pointing to sustained housing market strength that could help keep the longest economic expansion in history on track.
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Sit in protest staged 19.2.2020 Manipur: E-Pao
Sit in protest staged
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Covid-19 outbreak: Supply shocks could lead the Chinese economy into stagflation 18.2.2020 Scroll.in
Rising inflation and weak economic growth has hit the country’s manufacturing sector.
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Recession risk forces BOJ to row back on inflation goal 18.2.2020 Reuters: Money News
The widening economic fallout from the coronavirus outbreak and soft consumption are forcing the Bank of Japan to message more strongly that it is no longer inclined to chase its elusive 2% inflation target, sources familiar with its thinking ...
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'Nearly half the economy is not running' 17.2.2020 Rediff: Business
'Now, look at the management of the economy. There could be a bad situation, but you must know how to manage it. We had bad situations in 1997...2008. We had a difficult situation in 2013, but they were managed... In the current year, that is 2019-20, you promised a nominal GDP growth of 12 per cent. The year ended with about 8.5 per cent. 'You promised a fiscal deficit of 3.3 per cent; the year will end, according to the Budget document, at 3.8 per cent, but, even that has a big question mark around it. Revenue deficit, you promised 2.3 per cent, the year will end with 2.4 per cent.' In his speech in the Rajya Sabha during a debate on the Union Budget on February 10, 2020, former finance minister P Chidambaram tore into the government.
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Moody's slashes India's 2020 growth forecast to 5.4% 17.2.2020 Rediff: Business
Moody's on Monday slashed India's growth forecast for 2020 to 5.4 per cent from 6.6 per cent projected earlier, on slower than expected economic recovery. In its update on Global Macro Outlook, Moody's Investors Service said India's economy has decelerated rapidly over the last 2 years and economic recovery is likely to be 'shallow'.
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Hedge funds test Swiss tolerance with franc gambit 14.2.2020 Reuters: Money News
Hedge funds betting that the Swiss franc will climb further against the euro will soon meet their match, according to investors who are taking the other side of the trade.
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Factbox: Carney's time at the Bank of England, from Brexit to climate change 14.2.2020 Reuters: Money News
Mark Carney, who stands down as Bank of England governor in March, has battled against challenges from zero inflation to the political chaos of Brexit in his nearly seven years at the helm of the world's fifth-biggest economy.
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The Reserve Bank of India can’t counter food inflation without factoring in extreme weather events 14.2.2020 Scroll.in
What’s behind the rising price of onions in every alternate year since 2013? Climate change.
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Coronavirus seen shaving 0.2 percentage points off Japan's 2020 GDP growth: Reuters poll 14.2.2020 Reuters: Money News
The coronavirus epidemic is expected to shave up to 0.2 percentage points off Japan's economic growth this year as it hits exports, factory output and tourism, a Reuters poll of analysts showed on Friday.
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Wholesale Inflation Worsens To 3.1% In January 14.2.2020 NDTV News - Top-stories
The RBI tracks consumer inflation primarily for formulating its monetary policy.
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Rents lift U.S. core inflation; weekly jobless claims rise slightly 13.2.2020 Reuters: Money News
U.S. underlying consumer prices picked up in January, while the number of Americans filing claims for unemployment benefits rose slightly last week, suggesting the economy was stable enough for the Federal Reserve to keep interest rates on hold this ...
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Economists eye silver lining in India's rising rural inflation numbers 13.2.2020 Reuters: Money News
India's rural inflation rate surged faster than urban inflation for the first time in 19 months in January, and economists are optimistic that signals something the country desperately needs - a revival in demand in the rural ...
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South Korean bonds lead foreign inflows into Asian bonds in January 13.2.2020 Reuters: Money News
South Korean bonds garnered most of Asia's foreign inflows in January, as investors sought safer havens, preferring an economy with strong forex reserves and credit ratings after the onset of the coronavirus epidemic in China.
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Sensex, Nifty end lower on inflation, industrial output worries 13.2.2020 Reuters: Top News
Indian shares snapped two days of gains and ended lower on Thursday due to concerns related to growth after data showed a surprise drop in industrial output for December and a rise in January inflation to a six-year high.
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The big news: Coronavirus toll in China rises to 1,355, and nine other top stories 13.2.2020 Scroll.in
Other headlines: Retail inflation rose to its highest in January in six years, and fashion designer Wendell Rodricks died on Wednesday.
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