Number Theory: Understanding August's CPI inflation numbers
While the headline number has come down compared to its 7.4% print in July, what is the larger economic picture around inflation in the economy?
While the headline number has come down compared to its 7.4% print in July, what is the larger economic picture around inflation in the economy?
The economy has added around 5.2 crore new formal jobs between FY20 and FY23, with the net addition being 2.7 crore, according to a report based on an analysis of the EPFO, NPS and ESIC data. The report also notes…
A federal judge in New York sentenced the co-founder of the purported cryptocurrency OneCoin to 20 years in prison on Tuesday for what prosecutors called a $4 billion fraud. US judge Ramos also ordered Greenwood to forfeit $300 million. U.S.…
Apple unveiled its new iPhone lineup on Tuesday, replacing its proprietary Lightning charger ports with a universal charger after a tussle with the European Union, and announcing that for the first time, it will start selling made-in-India iPhones alongside those…
The price of gold maintained stability on Tuesday. The rate for 22-carat gold stood at ₹5,484 per gram. The larger quantities, such as 8 grams and 10 grams, were priced at ₹43,872 and ₹54,840 respectively. Also, the cost for 100…
NEW DELHI: India and the UK are exploring greater investment cooperation in several areas, including direct listing of Indian firms in the London Stock Exchange (LSE), facilitating British pension funds to invest in India, collaborating in infra projects, and expeditiously…
Sensex gains 87 points to close at 67,214; Nifty in red at 19,984
India’s annual retail inflation eased to 6.83% in August from a 15-month high of 7.44% in July as food prices moderated, government data showed on Tuesday. A woman buys vegetables at a market(REUTERS) A Reuters poll of 45 economists had…
Inditex SA is racing to iron bugs out of a new anti-shoplifting system for its Zara stores, slightly delaying its rollout partly because the security tags were easy to identify and remove in initial tests, according to people familiar with…
Apple on Tuesday is expected to unveil a new iPhone 15 lineup as questions about market access in China and competition hang over the world’s most valuable listed company. People walk past the Apple logo The iPhone made up more…