MUMBAI, June 16 Reuters India39;s domestic macroeconomic conditions have improved further despite the downside risks posed to global growth from commoditydriven inflation, its central bank said on Thursday. Domestic economic activity has been gaining traction in spite of formidable headwinds from external developments, the Reserve Bank of India RBI said in its monthly bulletin. Gross […]

Carmakers aim to help suppliers as materials prices surge Automakers absorb costs in departure from deflation playbook 39;Supplier sustainability is our sustainability39; Nissan COO Inflation disruption comes in wake of COVID supply chain woes TOKYO, June 15 Reuters For decades, Japan39;s powerful automakers had a playbook to deal with deflation press suppliers for lower prices […]

NEW DELHI, June 15 Reuters India39;s gasoil demand rose at a rapid pace during the first two weeks of June, preliminary data released on Wednesday showed, and long queues appeared at some fuel stations as concerns grew over supply. Statecontrolled retailers sold 3.4 million tonnes of gasoil from June 1 to 14, up 47.8 from […]

June 17 Reuters The Russian central bank can use standard instruments to decide monetary policy as there is no risk of deflation, Central Bank Deputy Governor Alexei Zabotkin said on Friday. Weekonweek consumer prices have fallen in Russia in recent weeks. The central bank cut its key interest rate to the precrisis level of 9.5 […]