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US consumer confidence hits record low amid Iran conflict and rising energy prices

Consumer confidence in the United States fell sharply in April, reaching its lowest level on record as concerns over rising energy prices and the economic impact of the Iran conflict intensified, according to survey data released on Friday, April 11, 2026. The University of Michigan’s closely watched consumer sentiment index dropped to 47.6, marking a 10.7% decline from March and setting a new historic low. Both the current economic conditions index and the expectations index also p

Finance & Economics

11 Apr 2026 08:22 AM 218 views

US consumer confidence hits record low amid Iran conflict and rising energy prices

Consumer confidence in the United States fell sharply in April, reaching its lowest level on record as concerns over rising energy prices and the economic impact of the Iran conflict intensified, according to survey data released on Friday, April 11, 2026. The University of Michigan’s closely watched consumer sentiment index dropped to 47.6, marking a 10.7% decline from March and setting a new historic low. Both the current economic conditions index and the expectations index also p

Finance & Economics

Government Retains 4% Retail Inflation Target Till 2031 in Consultation with RBI

The central government has retained the 4% retail inflation target for the next five years, from April 1, 2026, to March 31, 2031, with a tolerance band of 2–6%. This decision, made in consultation with the Reserve Bank of India (RBI), continues the inflation-targeting framework that was first introduced in 2016. The move aims to maintain price stability while allowing some flexibility in the target, accommodating short-term volatility. The government’s inflation target, outline

Finance & Economics

25 Mar 2026 23:51 PM 244 views

Government Retains 4% Retail Inflation Target Till 2031 in Consultation with RBI

The central government has retained the 4% retail inflation target for the next five years, from April 1, 2026, to March 31, 2031, with a tolerance band of 2–6%. This decision, made in consultation with the Reserve Bank of India (RBI), continues the inflation-targeting framework that was first introduced in 2016. The move aims to maintain price stability while allowing some flexibility in the target, accommodating short-term volatility. The government’s inflation target, outline

Finance & Economics

Union Cabinet Approves 3% DA Hike For Central Government Employees And Pensioners

The Union Cabinet has approved a 3% hike in Dearness Allowance (DA) for central government employees and pensioners, with the revised rate taking effect from July 1, 2025. This move, announced after the Cabinet meeting on Wednesday, is expected to benefit nearly one crore individuals, including both serving employees and retired staff. Dearness Allowance is a cost-of-living adjustment paid by the government to offset

Business

01 Oct 2025 07:00 AM 496 views

Union Cabinet Approves 3% DA Hike For Central Government Employees And Pensioners

The Union Cabinet has approved a 3% hike in Dearness Allowance (DA) for central government employees and pensioners, with the revised rate taking effect from July 1, 2025. This move, announced after the Cabinet meeting on Wednesday, is expected to benefit nearly one crore individuals, including both serving employees and retired staff. Dearness Allowance is a cost-of-living adjustment paid by the government to offset

Business

Bitcoin Rebounds to $98,800 as CPI Data Boosts Investor Confidence

Bitcoin saw a strong rebound on Wednesday, reaching $98,800, up by 2% after the US Labour Department released the Consumer Price Index (CPI) data for December. The CPI showed a 2.9% increase, which was in line with expectations. The Core CPI, excluding volatile items like food and energy, came in slightly under expectations at 3.2%. This data eased fears of severe inflation, bolstering investor confidence and supporting the bullish outlook for Bitcoin. Crypto prices, including Ether

Business

16 Jan 2025 11:25 AM 897 views

Bitcoin Rebounds to $98,800 as CPI Data Boosts Investor Confidence

Bitcoin saw a strong rebound on Wednesday, reaching $98,800, up by 2% after the US Labour Department released the Consumer Price Index (CPI) data for December. The CPI showed a 2.9% increase, which was in line with expectations. The Core CPI, excluding volatile items like food and energy, came in slightly under expectations at 3.2%. This data eased fears of severe inflation, bolstering investor confidence and supporting the bullish outlook for Bitcoin. Crypto prices, including Ether

Business

India's Inflation Drops to 5.48% in November Amid Rising Food Prices

India's inflation rate, based on the Consumer Price Index (CPI), moderated to 5.48% in November, down from 6.21% in October, according to the Ministry of Statistics and Programme Implementation. This easing, however, is still above the Reserve Bank of India's (RBI) target of 4%, with food prices continuing to drive inflationary pressure. The food inflation rate surged by 9.04%, continuing its trend of high costs. Economists had forecast a median inflation estimate of 5.5% fo

Finance & Economics

12 Dec 2024 06:26 AM 2.36k views

India's Inflation Drops to 5.48% in November Amid Rising Food Prices

India's inflation rate, based on the Consumer Price Index (CPI), moderated to 5.48% in November, down from 6.21% in October, according to the Ministry of Statistics and Programme Implementation. This easing, however, is still above the Reserve Bank of India's (RBI) target of 4%, with food prices continuing to drive inflationary pressure. The food inflation rate surged by 9.04%, continuing its trend of high costs. Economists had forecast a median inflation estimate of 5.5% fo

Finance & Economics

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#cpi-inflation

US consumer confidence hits record low amid Iran conflict and rising energy prices

US consumer confidence hits record low amid Iran conflict and rising energy prices

Government Retains 4% Retail Inflation Target Till 2031 in Consultation with RBI

Government Retains 4% Retail Inflation Target Till 2031 in Consultation with RBI

Union Cabinet Approves 3% DA Hike For Central Government Employees And Pensioners

Union Cabinet Approves 3% DA Hike For Central Government Employees And Pensioners

Bitcoin Rebounds to $98,800 as CPI Data Boosts Investor Confidence

Bitcoin Rebounds to $98,800 as CPI Data Boosts Investor Confidence

India's Inflation Drops to 5.48% in November Amid Rising Food Prices

India's Inflation Drops to 5.48% in November Amid Rising Food Prices

Remote Job Fraud Case in US: Soham Parekh Sparks Outrage Among Startup Founders

Starlink May Launch Satellite Internet in India Under ₹1,000

Organic Farming

Sarco Pod Inventor Philip Nitschke Unveils Kairos Kollar and Reveals Suicide Switch Plan

Kejriwal's Nobel Prize Remark Sparks BJP-AAP War of Words

Telangana, Andhra CMs Applaud Operation Sindoor and Armed Forces

Pleasanton's Zippy Mobile Library Launches May 31

FEMA denies Maryland’s appeal for flood aid to Allegany and Garrett counties

Pawan Kalyan Delays Shoulder Surgery For Official Duties

Trump halts second wave of attacks as Venezuela frees political prisoners

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Remote Job Fraud Case in US: Soham Parekh Sparks Outrage Among Startup Founders

Starlink May Launch Satellite Internet in India Under ₹1,000

Organic Farming

Sarco Pod Inventor Philip Nitschke Unveils Kairos Kollar and Reveals Suicide Switch Plan

Kejriwal's Nobel Prize Remark Sparks BJP-AAP War of Words

Telangana, Andhra CMs Applaud Operation Sindoor and Armed Forces

Pleasanton's Zippy Mobile Library Launches May 31

FEMA denies Maryland’s appeal for flood aid to Allegany and Garrett counties

Pawan Kalyan Delays Shoulder Surgery For Official Duties

Trump halts second wave of attacks as Venezuela frees political prisoners

#cpi-inflation

US consumer confidence hits record low amid Iran conflict and rising energy prices

US consumer confidence hits record low amid Iran conflict and rising energy prices

Government Retains 4% Retail Inflation Target Till 2031 in Consultation with RBI

Government Retains 4% Retail Inflation Target Till 2031 in Consultation with RBI

Union Cabinet Approves 3% DA Hike For Central Government Employees And Pensioners

Union Cabinet Approves 3% DA Hike For Central Government Employees And Pensioners

Bitcoin Rebounds to $98,800 as CPI Data Boosts Investor Confidence

Bitcoin Rebounds to $98,800 as CPI Data Boosts Investor Confidence

India's Inflation Drops to 5.48% in November Amid Rising Food Prices

India's Inflation Drops to 5.48% in November Amid Rising Food Prices

Remote Job Fraud Case in US: Soham Parekh Sparks Outrage Among Startup Founders

Starlink May Launch Satellite Internet in India Under ₹1,000

Organic Farming

Sarco Pod Inventor Philip Nitschke Unveils Kairos Kollar and Reveals Suicide Switch Plan

Kejriwal's Nobel Prize Remark Sparks BJP-AAP War of Words

Telangana, Andhra CMs Applaud Operation Sindoor and Armed Forces

Pleasanton's Zippy Mobile Library Launches May 31

FEMA denies Maryland’s appeal for flood aid to Allegany and Garrett counties

Pawan Kalyan Delays Shoulder Surgery For Official Duties

Trump halts second wave of attacks as Venezuela frees political prisoners

Popular Cities