December Inflation
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Celsius Founder Alex Mashinsky Gets 12 Years Prison for Crypto Fraud
Celsius founder Alex Mashinsky was sentenced on Thursday to 12 years in prison after pleading guilty in December to securities fraud and commodities fraud. Federal prosecutors said Mashinsky, 59, misled customers about Celsius' safety, and artificially inflated the value of Celsius' proprietary token Cel.
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Retail Inflation Eases To 4-Month Low Of 5.22% In December: Government Data
Retail inflation slowed to a four-month low of 5.22 per cent in December compared to 5.48 pc in November, mainly due to easing of prices in food basket, according to government data released on Monday.
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Indian Inc's Profit Margin Narrows In Q3 On High Inflation: Report
India Inc's operating profit margin narrowed by a sharp 2.37 per cent in the December quarter to 16.3 per cent on an annual basis due to inflation and rising energy costs, ratings agency Icra said today.
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Call of Duty: Modern Warfare Crossed $1 Billion in Sales Within 10 Days of Launch, Says Activision
Activision Blizzard beat Wall Street estimates for fourth-quarter adjusted sales on Monday, thanks to the success of the latest game in its Call of Duty franchise. The latest Call of Duty crossed the $1 billion (roughly Rs. 8,275 crore) mark within 10 days of its late-October launch, the company said.
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Microsoft, Amazon, Other Tech Firms Cut Jobs at Second-Highest Pace on Record in US
Layoffs in the United States hit a more than two-year high in January as technology firms cut jobs at the second-highest pace on record to brace for a possible recession, a report showed on Thursday. The layoffs impacted 1,02,943 workers, a more than two-fold jump from December and an over five-times surge from a year earlier, according to the repo...
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Wholesale Inflation Eases To 4.95% In December As Crude Oil Prices Decline
The Wholesale Price Index (WPI)-based inflation was 5.85 per cent in November 2022 and 14.27 per cent in December 2021.
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Retail Inflation Lowest In A Year, Falls To 5.72% In December
The Consumer Price Index (CPI) based retail inflation was at 5.88 per cent in November 2022 and 5.66 per cent in December 2021.
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In Parliament Session, Here's What Opposition Wants Government To Discuss
The Winter Session will last till December 29, with 17 sittings over 23 days
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RBI Likely To Opt For Small Rate HIkes As Inflation Eases: Report
RBI Policy: The RBI is likely to opt for a 35 basis points (bps) rate hike at its policy meeting in December, as inflation eased, analysts said.
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Retail Inflation May Exceed Top Of RBI Band Until December: Shaktikanta Das
India's central bank is on course to bring down prices but the retail inflation rate is likely to remain above the top end of its mandated target band until December, Governor Shaktikanta Das said in an article in the Times of India on Friday.
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Google, NBCUniversal Lead Bid for Netflix's Ad-Supported Subscription Plan Tie-Up: Report
Alphabet's Google and Comcast's NBCUniversal are reportedly the biggest bidders for a tie-up with Netflix to help it create an advertisement-supported subscription plan. A Wall Street Journal report stated that NBCUniversal's sales team can assist the streaming service provider with selling advertisements in the United States and Europe.
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RBI To Hike Repo Rate By A Further 1% By End-December: Fitch Ratings
Fitch Ratings on Tuesday said the Reserve Bank of India is likely to raise interest rates further to 5.9 per cent by December 2022, on deteriorating inflation outlook.
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Akhilesh Yadav's "Inflation Math Under BJP Rule" On Petrol Price Hike
If petrol price keeps rising by 80 paise a day, it would be costing Rs 275 a litre by November or December assembly elections in Gujarat and Himachal Pradesh, Samajwadi Party chief Akhilesh Yadav said on Saturday.
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Wholesale Inflation Spikes By Over 13% In December On Rising Input Costs: 10 Points
The rate of inflation, based on the monthly wholesale price index (WPI), stood at 13.56 per cent for December 2021, compared to 1.9 per cent in the corresponding month of 2020, government data showed on Friday, January 14. Along with this, retail inflation also rose to 5.59 per cent in December, tracking a sharp rise in food prices. The next WPI in...
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December Wholesale Inflation Marginally Cools To 13.56%
The wholesale price-based inflation bucked the 4-month rising trend in December 2021, and eased to 13.56 per cent, mainly on account of softening in fuel, power and manufacturing items even though food prices hardened.
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Celsius Founder Alex Mashinsky Gets 12 Years Prison for Crypto Fraud
Celsius founder Alex Mashinsky was sentenced on Thursday to 12 years in prison after pleading guilty in December to securities fraud and commodities fraud. Federal prosecutors said Mashinsky, 59, misled customers about Celsius' safety, and artificially inflated the value of Celsius' proprietary token Cel.
-
Retail Inflation Eases To 4-Month Low Of 5.22% In December: Government Data
Retail inflation slowed to a four-month low of 5.22 per cent in December compared to 5.48 pc in November, mainly due to easing of prices in food basket, according to government data released on Monday.
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Indian Inc's Profit Margin Narrows In Q3 On High Inflation: Report
India Inc's operating profit margin narrowed by a sharp 2.37 per cent in the December quarter to 16.3 per cent on an annual basis due to inflation and rising energy costs, ratings agency Icra said today.
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Call of Duty: Modern Warfare Crossed $1 Billion in Sales Within 10 Days of Launch, Says Activision
Activision Blizzard beat Wall Street estimates for fourth-quarter adjusted sales on Monday, thanks to the success of the latest game in its Call of Duty franchise. The latest Call of Duty crossed the $1 billion (roughly Rs. 8,275 crore) mark within 10 days of its late-October launch, the company said.
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Microsoft, Amazon, Other Tech Firms Cut Jobs at Second-Highest Pace on Record in US
Layoffs in the United States hit a more than two-year high in January as technology firms cut jobs at the second-highest pace on record to brace for a possible recession, a report showed on Thursday. The layoffs impacted 1,02,943 workers, a more than two-fold jump from December and an over five-times surge from a year earlier, according to the repo...
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Wholesale Inflation Eases To 4.95% In December As Crude Oil Prices Decline
The Wholesale Price Index (WPI)-based inflation was 5.85 per cent in November 2022 and 14.27 per cent in December 2021.
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Retail Inflation Lowest In A Year, Falls To 5.72% In December
The Consumer Price Index (CPI) based retail inflation was at 5.88 per cent in November 2022 and 5.66 per cent in December 2021.
-
In Parliament Session, Here's What Opposition Wants Government To Discuss
The Winter Session will last till December 29, with 17 sittings over 23 days
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RBI Likely To Opt For Small Rate HIkes As Inflation Eases: Report
RBI Policy: The RBI is likely to opt for a 35 basis points (bps) rate hike at its policy meeting in December, as inflation eased, analysts said.
-
Retail Inflation May Exceed Top Of RBI Band Until December: Shaktikanta Das
India's central bank is on course to bring down prices but the retail inflation rate is likely to remain above the top end of its mandated target band until December, Governor Shaktikanta Das said in an article in the Times of India on Friday.
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Google, NBCUniversal Lead Bid for Netflix's Ad-Supported Subscription Plan Tie-Up: Report
Alphabet's Google and Comcast's NBCUniversal are reportedly the biggest bidders for a tie-up with Netflix to help it create an advertisement-supported subscription plan. A Wall Street Journal report stated that NBCUniversal's sales team can assist the streaming service provider with selling advertisements in the United States and Europe.
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RBI To Hike Repo Rate By A Further 1% By End-December: Fitch Ratings
Fitch Ratings on Tuesday said the Reserve Bank of India is likely to raise interest rates further to 5.9 per cent by December 2022, on deteriorating inflation outlook.
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Akhilesh Yadav's "Inflation Math Under BJP Rule" On Petrol Price Hike
If petrol price keeps rising by 80 paise a day, it would be costing Rs 275 a litre by November or December assembly elections in Gujarat and Himachal Pradesh, Samajwadi Party chief Akhilesh Yadav said on Saturday.
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Wholesale Inflation Spikes By Over 13% In December On Rising Input Costs: 10 Points
The rate of inflation, based on the monthly wholesale price index (WPI), stood at 13.56 per cent for December 2021, compared to 1.9 per cent in the corresponding month of 2020, government data showed on Friday, January 14. Along with this, retail inflation also rose to 5.59 per cent in December, tracking a sharp rise in food prices. The next WPI in...
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December Wholesale Inflation Marginally Cools To 13.56%
The wholesale price-based inflation bucked the 4-month rising trend in December 2021, and eased to 13.56 per cent, mainly on account of softening in fuel, power and manufacturing items even though food prices hardened.
