GLOBFAST NEWS
GLOBFAST NEWS
Ai botNEW DELHI: Leading FMCG companies reported a decline in margins in the September quarter on account of higher input costs and food inflation, which ultimately slowed down the pace of…
Ai botHigh food inflation has been a challenge for policymakers. Food has a high share of 45.9% in the consumer price index and supply shocks influence the overall retail inflation numbers.…
Ai botNEW DELHI: Retail inflation inched up marginally in Aug, led by vegetable and some food prices, but remained below the Reserve Bank of India‘s 4% target for the second month…
Ai botChairman Jerome Powell said the time has come for the Federal Reserve to cut its key policy rate, affirming expectations that officials will begin lowering borrowing costs next month and…
Ai botMUMBAI: The country’s top central bankers dashed market players’ hopes of RBI following in the footsteps of the US Federal Reserve towards an interest rate cut.Minutes of the monetary policy…
Ai botNestlé CEO Mark Schneider will step down after eight years. According to AFP news agency, Laurent Freixe, currently head of the Latin America division, will take over from 1 September,…
Ai botJuly 2024 CPI inflation: The Consumer Price Index (CPI) inflation for the month of July eased sharply to 3.54%. This is the lowest retail inflation in 59 months or nearly…
Ai botMUMBAI: SBI MD Challa Sreenivasulu Setty will take over as chairman of country’s largest bank on Aug 28 for three years, succeeding Dinesh Khara, whose extended term ends this month.One…
