inflation
Rishi Sunak Reveals How Narayana Murthy and Sudha Murty's Advice Shaped His Political Journey
Oct 17, 2025 09:58 pm CST
At the NDTV World Summit, former UK Prime Minister Rishi Sunak shared insights on the different yet complementary advice he receives from his in-laws, Narayana Murthy and Sudha Murty. While Murty taught him compassion and the importance of doing one's best, Murthy influenced his political career path by encouraging him to enter politics as the most effective way to make a meaningful difference. Narayana Murthy praised his son-in-law as "intelligent, accomplished, and principled" - the ideal person for political leadership in today's world.
Federal Reserve's Interest Rate Cuts Amid Persistent Inflation: Economic Risks Under Trump Administration
Oct 12, 2025 07:55 pm CST
The Federal Reserve has begun cutting interest rates despite inflation remaining above its 2% target, while President Trump declares victory over inflation. Economists warn this approach carries significant risks if price increases persist, especially as tariffs continue impacting imported goods and consumer confidence. With inflation at 2.9% and everyday items like groceries continuing to rise, the disconnect between official statements and economic reality could threaten the Fed's credibility and further burden American consumers.
Economist Gita Gopinath's Analysis Reveals Trump Tariffs Delivering Negative Results for US Economy
Oct 08, 2025 10:51 am CST
Former IMF Chief Economist Gita Gopinath has conducted a six-month assessment of President Trump's controversial tariff policies, concluding they have primarily functioned as a tax on American businesses and consumers while failing to improve manufacturing or trade balance. Her analysis reveals these protective measures have increased inflation in certain sectors without delivering the promised economic benefits, adding expert validation to growing concerns about the administration's aggressive trade approach.
Government Shutdown Impact: Critical Economic Data Delays Create Policy and Investment Challenges
Oct 02, 2025 11:05 am CST
The ongoing US government shutdown is delaying essential economic reports including jobs data and retail sales figures, creating significant challenges for Federal Reserve policymakers and investors during a period of economic uncertainty. With inflation above target and employment growth slowing, these data interruptions could complicate upcoming interest rate decisions and economic forecasting, potentially forcing greater reliance on private sector indicators.
RBI Governor Confirms No Plans to Charge for UPI Transactions While Considering Digital Enforcement for Credit Purchases
Oct 01, 2025 05:01 pm CST
RBI Governor Sanjay Malhotra has affirmed there are no plans to levy charges on UPI transactions, while the central bank evaluates a proposal for remotely locking phones purchased on credit during payment defaults. The RBI has also raised India's GDP growth projection to 6.8% for the current fiscal year, with Malhotra expressing confidence in continued economic growth alongside price stability.
Argentina President Praises Donald Trump For Saving World From "Catastrophe"
Sep 25, 2025 02:31 am CST
Argentine President Javier Milei on Wednesday praised key ally Donald Trump for saving the United States and the world from "catastrophe," citing the US president's migration and trade policies.
"Fighting Against Vote Theft Means Saving Democracy": Kanhaiya Kumar
Sep 24, 2025 01:39 pm CST
Congress leader and NSUI in-charge Kanhaiya Kumar took a dig at the double-engine government in Bihar while asserting that fighting against "vote theft" means saving democracy.
High-Skilled Migrants 'Key' For US Growth Warns Top Economist
Sep 23, 2025 07:44 pm CST
High-skilled migrants are vital for the US economy, the OECD's chief economist told AFP, after the United States imposed a $100,000 fee for H-1B visas widely used by the tech industry.
Exploding Housing Costs Linked To Steep Drop In US Birth Rates: Report
Sep 23, 2025 12:33 pm CST
The US birth rate hit a record low in 2024, with high housing costs cited as a key reason for the ongoing decline in fertility.
New Fed Governor Says He Was Not Told How To Vote By Trump
Sep 20, 2025 02:53 am CST
Donald Trump's pick to join the US Federal Reserve said Friday that he did not speak to the president about how to vote on interest rates ahead of the central bank's meeting this week.