What's Behind Central Banks' Gold Rush?
Central Banks globally have accumulated gold reserves this year at a pace not seen since 1967.
commodity prices
January 2023
December 2022
November 2022
July 2022
June 2022
May 2022
Gloomy quadrilateral sank rupee 11% in 2022
Against the backdrop of the strengthening Dollar Index that made its two-decade high in September 2022, the rupee managed to close the year at 82.61 to the US dollar, down from 74.29 at end of 2021.
Global inflation to remain ‘front and centre’ in 2023 as well: CEBR
The battle against inflation is not won yet. The fact that core inflation rates, which strip out volatile food and energy prices, have crept up across developed economies, says a CEBR report.
Year 2022 marks inflection point for financial world
The year proved to be a roller-coaster, not only from the geo-political perspective but also from the point of view of asset management and economics.
Commodity Bloc Vs Currency Bloc
US-led dollar bloc uses policy tightening to hit back at commodity producers led by Russia. Indian economy feels the heat.
End of QE triggers demand destruction in commodities, says agri expert Prof Sarjanovic
Commodity prices don’t react to just interest rates but also to supply and demand changes. Higher interest rates mean slower growth prospects, says Prof Sarjanovic.
Morgan Stanley cuts India's FY23 GDP forecast to 7.2%
Morgan Stanley sees India’s inflation falling to 6.5% in FY23 from 7% estimated earlier, as it sees moderation in commodity price increases improving in the near-term
High inflation 'major concern', changing its course priority: RBI
Reserve Bank governor Shaktikanta Das says policy measures could impact demand in the short-term but moderating inflation pressure is crucial at this stage.
Fitch revises India outlook to stable on recovery, growth prospects
The rating also balances India's external resilience from solid foreign-exchange reserve buffers against some lagging structural indicators.
Moody’s slashes India’s 2022 growth forecast to 8.8%
Moody’s cautioned that growing inflation and rate hikes to control it will impede India’s demand recovery momentum.
