inflation rate

Brazil’s middle class swells as 35 mn climb out of poverty


September 21st, 2012 - 12:24 pm ICT by IANS
Rio de Janeiro, Sep 21 (IANS/EFE) Roughly 35 million Brazilians have climbed out of poverty over the last decade and 53 percent of the country's nearly 194 million people now ... Read more...

Posted in Business |

Hike in diesel price cruel joke, says Nitish


September 14th, 2012 - 6:30 pm ICT by IANS
Patna, Sep 14 (IANS) Bihar Chief Minister Nitish Kumar Friday termed the diesel price hike and limiting the number of subsidised cooking gas cylinders as a cruel joke on the ... Read more...

Posted in Politics |

Diesel price hike will be double whammy: India Inc. leaders


September 14th, 2012 - 4:52 pm ICT by IANS
Kolkata, Sep 14 (IANS) The government's move to raise diesel prices by Rs.5 a litre has come under strong criticism from members of India Inc. who foresee a double whammy ... Read more...

Posted in Business |

China’s inflation rate rebounds


September 9th, 2012 - 7:14 pm ICT by IANS
Beijing, Sep 9 (IANS) China's consumer price index, a key gauge of inflation, rose 2 percent year-on-year in August, accelerating from a 1.8 percent growth in July, the National Bureau ... Read more...

Posted in Business |

China’s inflation to ease


July 29th, 2012 - 6:01 pm ICT by IANS
Beijing, July 29 (IANS) China's inflation rate is likely to fall below 2 percent in July, a media report said Sunday.The consumer price index (CPI), a key gauge of inflation, ... Read more...

Posted in Business |

British border force threaten strike


July 21st, 2012 - 3:48 pm ICT by IANS
London, July 21 (IANS) A British union whose members operate the immigration and arrival service at airports has announced it will go on strike July 26, a day before the ... Read more...

Posted in Sports |

Bankers ask RBI to ease liquidity


July 9th, 2012 - 6:17 pm ICT by IANS
Mumbai, July 9 (IANS) Top bankers Monday urged the Reserve Bank of India (RBI) to ease liquidity in the banking system to help revive industrial growth.Executives of leading lenders ... Read more...

Posted in Business |

Pakistani PM briefed on economic situation


July 3rd, 2012 - 12:11 pm ICT by IANS
Islamabads, July 3 (IANS) The fiscal year 2011-12 ended with a growth of 3.7 percent, Finance Minister Abdul Hafeez Shaikh told Prime Minister Raja Pervez Ashraf while briefing him on ... Read more...

Posted in South Asia |

Rate cut will stimulate growth: Montek


April 17th, 2012 - 9:09 pm ICT by IANS
Bangalore, April 17 (IANS) Reduction of 50 basis points in repurchase (repo) rate by the Reserve Bank of India (RBI) would stimulate growth and put the economy back on rail, ... Read more...

Posted in Business |

Rate cut to help revive growth, investment: Mukherjee


April 17th, 2012 - 6:57 pm ICT by IANS
New Delhi, April 17 (IANS) The Reserve Bank of India's (RBI) decision to cut policy rates by 0.50 percent for the first time in three years will help revive ... Read more...

Posted in Business |

India’s central bank cuts interest rates to spur economy (Roundup)


April 17th, 2012 - 6:35 pm ICT by IANS
Mumbai, April 17 (IANS) The Reserve Bank of India (RBI) Tuesday cut some key rates by 50 basis points in a bid to push industrial growth and stimulate economy ... Read more...

Posted in Business |

India’s growth pegged at 7.3 percent, inflation at 6.5 percent


April 17th, 2012 - 1:47 pm ICT by IANS
Mumbai, April 17 (IANS) India's central bank has projected the country's economic growth at 7.3 percent this fiscal, even as it has assessed the inflation rate to rule at around ... Read more...

Posted in Business |

Lowered inflation may spur growth: Brazil


April 6th, 2012 - 3:48 pm ICT by IANS
Rio de Janeiro, April 6 (IANS) Brazil's inflation is under control as latest statistics show the inflation rate dropped to its lowest level since July 2011, Finance Minister Guido Mantega ... Read more...

Posted in Business |

Moderation in inflation can lead to eased monetary policy: Pranab


March 31st, 2012 - 11:16 pm ICT by IANS
Kolkata, March 31 (IANS) Stating that he has kept inflationary expectations at six percent to seven percent in the coming months, union Finance Minister Pranab Mukherjee Saturday said current ... Read more...

Posted in Business |

Canada’s inflation rate rises


March 24th, 2012 - 2:29 pm ICT by IANS
Ottawa, March 24 (IANS) Pushed by the increase of energy and food prices, Canada's inflation rate rose to 2.6 percent in February from 2.5 percent in the previous month, Statistics ... Read more...

Posted in Business |

`Worst of Eurozone crisis is over’


March 23rd, 2012 - 2:07 pm ICT by IANS
Frankfurt, March 23 (IANS) The worst of the Eurozone crisis is over and the situation is stabilizing, European Central Bank (ECB) president Mario Draghi has been quoted as saying.Draghi made ... Read more...

Posted in Business |

US stocks open mixed amid high oil prices


March 3rd, 2012 - 12:00 am ICT by IANS
New York, March 2 (IANS) US stocks opened mixed Friday amid high oil prices and eurozone's crippling debt crisis.With no big economic calendar, investors Friday kept a close watch on ... Read more...

Posted in Business |

Dubai’s inflation down 0.94 percent in January


February 18th, 2012 - 12:50 am ICT by IANS
Dubai, Feb 17 (IANS/WAM) The monthly inflation rate in emirate of Dubai dropped 0.94 percent in January as compared to the previous month.Inflation of food and non-alcoholic beverages decreased by ... Read more...

Posted in Business |

Brazilian government sees economy expanding through 2014


February 14th, 2012 - 12:12 pm ICT by IANS
Sao Paulo, Feb 14 (IANS/EFE) Latin America's largest economy will grow 4.5 percent this year, 5.5 percent next year and 6 percent in 2014, the Brazilian finance ministry said Monday.Brazil's ... Read more...

Posted in Business |

French households’ consumption drops in December


February 1st, 2012 - 2:15 pm ICT by IANS
Paris, Feb 1 (IANS) French households' commodity consumption dropped by 0.7 percent in December, thanks to lower expenditure in food and energy products, the national statistics institute Insee said. In ... Read more...

Posted in Business |

US annual inflation highest since 2007


January 20th, 2012 - 12:02 pm ICT by IANS
Washington, Jan 20 (IANS/EFE) US consumer prices rose 3 percent in 2011, the largest annual increase in four years, the Labor Department said Thursday.So-called core inflation, which excludes volatile food ... Read more...

Posted in Business |

Brazil’s inflation rate may exceed 6.5 percent in 2011


December 23rd, 2011 - 1:36 pm ICT by IANS
Rio de Janeiro, Dec 23 (IANS) Brazil's central bank has forecast that the country's inflation rate for this year is likely to surpass the 6.5 percent upper limit set by ... Read more...

Posted in Business |

Brazil predicts higher economic growth for 2012


December 21st, 2011 - 1:26 pm ICT by IANS
Rio De Janeiro, Dec 21 (IANS) Brazilian central bank president Alexandre Tombini said Tuesday the country's inflation rate will be lower and economic growth higher in 2012 than this year.In ... Read more...

Posted in Business |

China’s consumer price index growth eases in November


December 9th, 2011 - 1:20 pm ICT by IANS
Beijing, Dec 9 (IANS) China's consumer price index (CPI), a main gauge of inflation, rose 4.2 percent year-on-year in November, further weakening from 5.5 percent in October due to falling ... Read more...

Posted in Business |

Brazil’s fiscal conditions very favourable: Official


December 8th, 2011 - 1:36 pm ICT by IANS
Rio De Janeiro, Dec 8 (IANS) With sound fiscal performance and solid public accounts, Brazil can withstand ramifications of the eurozone debt crisis, a top treasury official has said."Brazil's fiscal ... Read more...

Posted in Business |

`Downside risks to South Korean economy remain high’


December 8th, 2011 - 1:34 pm ICT by IANS
Seoul, Dec 8 (IANS) Downside risks to the South Korean economy remained high due to external uncertainties such as Europe's debt crisis and economic slowdown in major economies, the central ... Read more...

Posted in Uncategorized |

China’s November inflation may fall below 5 percent


December 6th, 2011 - 6:33 pm ICT by IANS
Beijing, Dec 6 (IANS) China's inflation rate may fall below five percent in November, thanks to the lower food prices that led to the downward trend after a 37-month high ... Read more...

Posted in Business |

PM defies calls for rollback of FDI in retail (Lead)


November 29th, 2011 - 7:20 pm ICT by IANS
New Delhi, Nov 29 (IANS) Prime Minister Manmohan Singh Tuesday said the government's decision to allow foreign equity in retail was not taken in a hurry but was a ... Read more...

Posted in Business |

Venezuela freezes prices of 18 products


November 23rd, 2011 - 12:18 pm ICT by IANS
Caracas, Nov 23 (IANS/EFE) The Venezuelan government ordered a freeze on the prices of 18 products under the new Fair Price Law, with which Caracas intends to take one more ... Read more...

Posted in Business |

Inflation will slow by March, says Pranab; opposition flays claim (Roundup)


November 22nd, 2011 - 8:48 pm ICT by IANS
New Delhi, Nov 22 (IANS) Finance Minister Pranab Mukherjee said Tuesday inflation would come down to 6-7 percent by the end of the current fiscal and to a "more ... Read more...

Posted in Business |

Canada’s inflation rate drops in October


November 19th, 2011 - 3:24 pm ICT by IANS
Ottawa, Nov 19 (IANS) Canada's inflation rate dropped to 2.9 percent in October from 3.2 percent in the previous month, largely due to the less gain of energy prices, Statistics ... Read more...

Posted in Uncategorized |

US consumer prices dip


November 17th, 2011 - 11:04 am ICT by IANS
Washington, Nov 17 (IANS/EFE) Consumer prices in the US declined 0.1 percent in October, while the 12-month inflation rate stood at 3.5 percent, the Labor Department said Wednesday.Excluding the more ... Read more...

Posted in Business |

Government fooling people on oil prices: BJP


November 16th, 2011 - 8:01 pm ICT by IANS
New Delhi, Nov 16 (IANS) The Bharatiya Janata Party (BJP) Wednesday said the United Progressive Alliance government is fooling people on petrol prices while the oil companies continue to ... Read more...

Posted in Politics |

Did BJP’s Joshi influence CAG’s 2G report?


November 15th, 2011 - 6:07 pm ICT by IANS
New Delhi, Nov 15 (IANS) In a new twist to the 2G tale, Bharatiya Janata Party's (BJP) Murli Manohar Joshi is alleged to have pushed the government auditor to ... Read more...

Posted in Business |

Higher food prices push inflation to 9.73 percent


November 14th, 2011 - 8:22 pm ICT by IANS
New Delhi, Nov 14 (IANS) A rise in prices of food articles, notably lentils, rice, milk, condiments, fruits and vegetables marginally pushed India's annual rate of inflation to 9.73 ... Read more...

Posted in Business |

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