The Bank of England raised its key interest rate to the highest level in 13 years on Thursday as policymakers around the world combat inflation fuelled by high energy prices, Russia’s war in Ukraine and lingering concerns about Covid.
The central bank’s Monetary Policy Committee voted 6-3 to raise interest rates for a fourth consecutive meeting, lifting the rate that the Bank of England pays other banks by a quarter-percentage point, to 1%.
New Delhi (TIP)- The NCERT has removed portions of the 2002 Gujarat riots, Emergency, Cold War, Naxalite movement and Mughal courts from its Class 12 textbooks as part of “syllabus rationalisation,” citing “overlapping and irrelevant” […]
WASHINGTON (TIP): US President Donald Trump on Feb 14 slammed India for a high import tariff on Harley- Davidson motorcycle, calling it “unfair”, even as New Delhi slashed customs duty on imported motorcycles from highend brands to 50%. Trump, […]
LONDON (TIP): The Indian origin contender for UK Prime Minister’s post Rishi Sunak has vowed to hunt down and stamp out grooming gangs who prey on children and young women, and make their ringleaders subject […]
© The Indian Panorama
Be the first to comment