high inflation

Oil companies hike jet fuel prices by 5%, commercial LPG prices by over ₹200

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Oil companies hike jet fuel prices by 5%, commercial LPG prices by over ₹200

New Delhi: Prices of flight tickets may rise further as oil marketing companies (OMCs) have raised the prices of aviation turbine fuel by around 5% across the four metro cities. In the national capital, jet fuel now costs ₹1,18,199.17 per kilolitre (kl), up 5.14% from ₹1,12,419.33 last month. Similarly, the price of jet fuel in … Read more

High inflation and interest rates: Impact on investors, markets | Explained News

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High inflation and interest rates: Impact on investors, markets | Explained News

The spike in retail inflation in July to 7.44% has created some uncertainty in the minds of investors and savers. Analysts do not expect a cut in interest rates in the current fiscal; there is in fact, talk of a possible rate hike going forward. The shape of the earnings growth trajectory this year is … Read more