Posted inEconomy
Grocery Inflation Forces One in Four Working-Age Americans into Credit Card Debt, Study Finds
A new study reveals grocery inflation has forced over 25 percent of working Americans into credit card debt just to afford everyday food.
Posted inEconomy
European Central Bank Pauses Rate Hikes but Warns Oil Surge Could Trigger Future Tightening
The European Central Bank kept interest rates at a record high but warned that rising oil prices could force future borrowing cost increases.
Posted inEconomy
European Central Bank Holds Rates Steady but Signals Potential Hikes Amid Rising Oil Prices
The European Central Bank paused rate hikes to assess economic impact but warns of future increases as surging oil prices threaten to spark inflation.
Posted inEconomy
ECB Holds Rates Steady Amid Oil Price Surge and Reignited Inflation Concerns
The ECB paused its aggressive rate hikes but warned future increases remain possible as surging global oil prices spark new Eurozone inflation fears.
Posted inEconomy
Punjab High Court Reserves Verdict on State’s Plea Against Release of Dearness Allowance Arrears
The Punjab High Court has reserved its verdict on the state government's appeal against releasing long-pending Dearness Allowance arrears to employees.
Posted inEconomy
Punjab High Court Reserves Verdict on State’s Plea Seeking Stay on Employee DA Release Order
CHANDIGARH — The Punjab and Haryana High Court has reserved its judgment on petitions filed by the Punjab state government and the Punjab State Power Corporation Limited (PSPCL), which seek…
Posted inEconomy
India’s IT and Banking Wage Slowdown Triggers Credit Stress and Consumption Concerns
Slowing IT and banking wages in India are fueling credit stress and threatening retail consumption, signaling a major shift for urban borrowers.
Posted inEconomy
Volkswagen Weighs 50,000 Additional Job Cuts Amid Severe Cost Disadvantage
Volkswagen may cut another 50000 jobs globally to battle a severe cost disadvantage and rising competition. Read how this affects the auto giant.
Posted inEconomy
Middle East Conflict and Rising Energy Costs Push U.S. Mortgage Rates to Year High of 6.58%
Discover how rising Middle East tensions and surging energy costs pushed US mortgage rates to a year high of 6.58 percent, impacting homebuyers.
Posted inEconomy
West Bengal Formulates 7th Pay Commission, Names Former IAS Officer Atanu Chakraborty as Chairman
West Bengal forms its 7th Pay Commission led by retired IAS officer Atanu Chakraborty to restructure salaries for over one million state employees.
