Fitch Ratings has downgraded the United States government’s credit rating, citing rising debt at the federal, state, and local levels and a “steady deterioration in standards of governance” over the past two decades. The rating was cut on Tuesday one notch to AA+ from AAA, the highest possible rating.
Retail inflation at 6.2 per cent dims early rate cut hopes
India’s retail inflation unexpectedly jumped to a 14-month high of 6.2% in October, driven by soaring vegetable, fruit, and edible oil prices. This surge breaches
November 13, 2024