inflation rate

Presumptive 2G loss a mathematical guess: Former auditor


November 14th, 2011 - 8:18 pm ICT by IANS
New Delhi, Nov 14 (IANS) In a new twist to the alleged 2G scam, R.P. Singh, one of the key authors of the controversial telecom audit report, Monday told ... Read more...

Posted in Politics |

PM hints at further fuel hike if international prices rise


November 12th, 2011 - 11:22 pm ICT by IANS
By Manish Chand On Board Air India One, Nov 12 (IANS) Prime Minister Manmohan Singh Saturday indicated that the fuel prices may have to be hiked again if international oil prices ... Read more...

Posted in World |

China’s national TV draws $2 bn ad auction bids


November 9th, 2011 - 7:21 pm ICT by IANS
Beijing, Nov 9 (IANS) The annual advertisement auction by China's sole national TV station has drawn record bids totalling 14.26 billion yuan (over $2 billion).These record bids by the China ... Read more...

Posted in Entertainment |

No tight monetary policy once inflation softens: Rangarajan


November 5th, 2011 - 11:02 pm ICT by IANS
Chennai, Nov 5 (IANS) The Reserve Bank of India (RBI) may reverse its tight monetary policies once inflation softens, said top economist C. Rangarajan Saturday."By December-January, the inflation would break ... Read more...

Posted in Business |

CPI-M flays petrol price hike


November 4th, 2011 - 3:44 pm ICT by IANS
New Delhi, Nov 4 (IANS) The Communist Party of India-Marxist (CPI-M) Friday accused the government of showing "shocking callousness" by hiking the petrol price yet again -- by Rs.1.80 a ... Read more...

Posted in Politics |

Food inflation in double-digits for second straight week


October 27th, 2011 - 6:25 pm ICT by IANS
New Delhi, Oct 27 (IANS) Prices of pulses, vegetables and milk shot up during the week ended Oct 15, taking India's food inflation to 11.43 percent from 10.6 in ... Read more...

Posted in Business |

Inflation will come down to 7 percent by March: RBI


October 25th, 2011 - 4:22 pm ICT by IANS
Mumbai, Oct 25 (IANS) The Reserve Bank of India (RBI) Tuesday said inflation would start moderating from December and come down to 7 percent by the end of the ... Read more...

Posted in Business |

Inflation to fall below 8 percent by fiscal end: Ahluwalia


October 20th, 2011 - 8:01 pm ICT by IANS
New Delhi, Oct 20 (IANS) Inflation in India is being driven by supply side constraints but will come down to lower than 8 percent by this fiscal end, Deputy Chairman ... Read more...

Posted in Business |

Inflation down to 7 percent by March 2012: Rangarajan


October 20th, 2011 - 4:59 pm ICT by IANS
New Delhi, Oct 20 (IANS) Inflation is likely to come down to seven percent by the end of this financial year following a good monsoon and high base effect, ... Read more...

Posted in Uncategorized |

US consumer prices rose in September


October 20th, 2011 - 12:38 pm ICT by IANS
Washington, Oct 20 (IANS/EFE) US consumer prices rose 0.3 percent last month, bringing the 12-month inflation rate to 3.9 percent, the Labour Department said Wednesday.The core Consumer Price Index, which ... Read more...

Posted in Business |

New competition policy regime from 2012: Moily


October 17th, 2011 - 7:35 pm ICT by IANS
Kolkata, Oct 17 (IANS) A new National Competition Policy that will address issues like wealth creation, inflation and growth is likely to come into effect from next year, union Minister ... Read more...

Posted in Business |

Two Americans share Nobel Prize for Economics


October 10th, 2011 - 8:27 pm ICT by IANS
Stockholm, Oct 10 (IANS) The Nobel Prize for Economcis will be shared by Christopher A. Sims and Thomas J. Sargent of the US "for their empirical research on cause and ... Read more...

Posted in World |

Naveen Patnaik writes to PM, seeks petrol price cut


September 17th, 2011 - 11:53 pm ICT by IANS
Bhubaneswar, Sep 17 (IANS) Orissa Chief Minister Naveen Patnaik Saturday wrote to Prime Minister Manmohan Singh seeking a roll-back of the recent petrol price hike.In his letter, he said ... Read more...

Posted in Business |

ADB cuts growth projection of developing Asia


September 14th, 2011 - 3:38 pm ICT by IANS
Jakarta, Sep 14 (IANS) The Asian Development Bank (ADB) has cut its 2011 and 2012 growth forecasts for developing Asia amid ongoing worries about weak external demand from its key ... Read more...

Posted in Business |

China’s inflation reaches 37-month high


August 9th, 2011 - 2:59 pm ICT by IANS
Beijing, Aug 9 (IANS) China's inflation rose to a 37-month high in July, putting the government in a tough position as its tightening efforts were yet to bear fruit, reported ... Read more...

Posted in Business |

24 commodities dearer in Pakistan in Ramzan’s first week


August 7th, 2011 - 6:45 pm ICT by IANS
Islamabad, Aug 7 (IANS) The prices of 24 essential commodities have gone up across Pakistan in the first week of Ramzan, affecting the poor and middle-class people the most, a ... Read more...

Posted in World |

Eurozone inflation rate drops slightly to 2.5 percent


July 29th, 2011 - 10:27 pm ICT by BNO News
BRUSSELS (BNO NEWS) -- The European Union (EU) on Friday announced that the eurozone's annual inflation is expected to be 2.5 percent in July, slightly lower than the prior month.The flash estimate ... Read more...

Posted in Business |

China’s inflation hits three-year high in June


July 9th, 2011 - 2:38 pm ICT by IANS
Beijing, July 9 (IANS) China's inflation rose to the highest level in three years with the consumer price index (CPI), the main gauge of inflation, rising 6.4 percent year-on-year in ... Read more...

Posted in Business |

Some causes of inflation beyond government’s control: PM


June 30th, 2011 - 8:53 pm ICT by IANS
New Delhi, June 30 (IANS) Prime Minister Manmohan Singh has said some aspects that have led to high inflation in India were beyond the government's control, but policymakers were ... Read more...

Posted in Uncategorized |

Left parties slam fuel price hike, threaten stir


June 24th, 2011 - 11:33 pm ICT by IANS
Kolkata, June 24 (IANS) The Left parties in West Bengal Friday slammed the price rise of fuels and threatened to start a mass movement against the frequent fuel hike.Communist Party ... Read more...

Posted in Politics |

RBI Governor meets Pranab Mukherjee ahead of policy review


April 29th, 2011 - 9:24 pm ICT by ANI
New Delhi, Apr 29(ANI): Reserve Bank of India (RBI) Governor Duvvuri Subbarao on Friday met Union Finance Minister Pranab Mukherjee ahead of a policy review.At the wake of a near nine ... Read more...

Posted in National |

India set to grow at 8.25 percent in 2011: IMF


April 11th, 2011 - 9:07 pm ICT by IANS
Washington, April 11 (IANS) Growth in India is expected to be moderate but remain above trend, with GDP growth projected at 8.25 percent in 2011 and 7.75 percent in 2012, ... Read more...

Posted in Business |

Pakistan government suffering from creeping paralysis: Daily


April 8th, 2011 - 12:36 pm ICT by IANS
Islamabad, April 8 (IANS) The government is "suffering from creeping paralysis" as there has been "a chronic, extended, and predictably ongoing failure" to effectively manage the economy, a Pakistani daily ... Read more...

Posted in South Asia |

China’s GDP to grow 9.6 percent in 2011: ADB (Lead)


April 6th, 2011 - 2:05 pm ICT by IANS
Hong Kong, April 6 (IANS) China's economy is expected to grow 9.6 percent in 2011 as fixed asset investment remains a key driver, the Asian Development Bank (ADB) said in ... Read more...

Posted in Business |

Food inflation slips a tad as vegetable, food prices ease


March 31st, 2011 - 1:57 pm ICT by IANS
New Delhi, March 31 (IANS) India's food inflation declined marginally by one percent to 9.5 percent for the week ended March 19 as prices of vegetables, milk and other ... Read more...

Posted in Uncategorized |

Food inflation rises after three weeks of decline


March 24th, 2011 - 2:04 pm ICT by IANS
New Delhi, March 24 (IANS) India's annual rate of food inflation rose to 10.05 percent for the week ended March 12 -- after three straight weeks of decline, official data ... Read more...

Posted in Business |

‘Centre’s tax collection to grow at 24.9 pc next fiscal’


March 18th, 2011 - 5:57 pm ICT by IANS
Kolkata, March 18 (IANS) The central government's total revenue from tax collection next fiscal is expected to register a 24.9 percent growth over this financial year, a top government official ... Read more...

Posted in Uncategorized |

Food inflation dips as poultry, veggie prices drop


March 17th, 2011 - 3:10 pm ICT by IANS
New Delhi, March 17 (IANS) India's annual rate of food inflation declined to 9.42 percent for the week ended March 5 from 9.52 percent the earlier week, as the ... Read more...

Posted in Business |

India’s inflation up on higher fuel, product prices


March 14th, 2011 - 2:08 pm ICT by IANS
New Delhi, March 14 (IANS) Despite assurances from policy-makers, India's annual rate of inflation rose to 8.31 percent for February from 8.23 percent for the month before due to ... Read more...

Posted in Business |

Food inflation dips but milk, vegetables, meat prices still high


March 10th, 2011 - 6:54 pm ICT by IANS
New Delhi, March 10 (IANS) India's annual rate of food inflation declined to 9.52 percent for the week ended Feb 26 from 10.39 percent the earlier week, official data ... Read more...

Posted in Business |

Food inflation in India falls to 9.52 per cent


March 10th, 2011 - 3:59 pm ICT by ANI
New Delhi, Mar 10(ANI): The food inflation rate has fallen to a single digit at 9.52 per cent for the week ended February 26.The decline has been attributed to decrease in prices ... Read more...

Posted in Business |

Post-budget, NRIs have to spend more in India (Comment)


March 6th, 2011 - 1:54 pm ICT by IANS
Non-residents Indians (NRIs) will have to spend a little more on their visits to India after the latest budget. As the air travel tax has gone up, NRIs now pay more ... Read more...

Posted in Business |

Milk, vegetables, meat prices keep food inflation high


March 3rd, 2011 - 5:32 pm ICT by IANS
New Delhi, March 3 (IANS) Despite prices of vegetables, milk, eggs, meat and poultry remaining high, India's annual food inflation declined to 10.39 percent for the week ended Feb 19, ... Read more...

Posted in Business |

Food inflation rises to 11.49 percent


February 24th, 2011 - 4:52 pm ICT by IANS
New Delhi, Feb 24 (IANS) India's annual food inflation rose to 11.49 percent for the week ended Feb 12, according to official data released Thursday.The data showed that the food inflation ... Read more...

Posted in Business |

Delay in clearances affecting coal production: official


February 23rd, 2011 - 1:04 am ICT by IANS
Kolkata, Feb 22 (IANS) World's largest coal miner, Coal India Limited Tuesday said a number of projects have got stuck with the central environment and forests ministry refusing to give the necessary ... Read more...

Posted in Environment |

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