The inflation consensus estimate of 7.10% for the month of June 2022 was slightly on the higher side as actual inflation figure for June 2022 came in at 7.01%.
Gold is lingering at its lowest level in almost a year on Wednesday, awaiting crucial US consumer price data for further cues. The yellow metal stays bounded near the flat line at $1725 an ounce, a level not seen since August 2021. A brief pause in dollar rally is also likely to keep gold supported. The International Monetary Fund on Tuesday warned that avoiding recession […]
RITES on Wednesday announced that it has signed a memorandum of understanding (MoU) with Centre for Railway Information Systems (CRIS), to explore information technology-based opportunities in the railway sector and new-age areas.
Business Wire IndiaNVIDIA today announced a unified computing platform for speeding breakthroughs in quantum research and development across AI, HPC, health, finance and other disciplines. The NVIDIA Quantum Optimized Device Architecture, or QODA, aims to make quantum computing more accessible by creating a coherent hybrid quantum-classical programming model. QODA is an open, unified environment for some of today’s most powerful computers and quantum processors, improving […]
The New Zealand central bank raised its interest rate for the sixth straight time and vowed to continue its tightening mode to bring inflation back to the target. The Monetary Policy Committee of the Reserve Bank of New Zealand decided to lift the Official Cash Rate to 2.50 percent from 2.00 percent, as widely expected. Although there are near-term upside risks to consumer price inflation, […]
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