inflationary expectations

CII moots 10-point agenda for reviving Indian economy (Lead)


June 5th, 2012 - 9:44 pm ICT by IANS
Hyderabad, June 5 (IANS) Industry lobby, the Confederation of Indian Industry (CII) Tuesday mooted a 10-point agenda, including an early introduction of the goods and services tax (GST), to revive ... Read more...

Posted in Business |

CII moots 10-point agenda for reviving Indian economy


June 5th, 2012 - 7:26 pm ICT by IANS
Hyderabad, June 5 (IANS) Industry lobby, the Confederation of Indian Industry (CII) Tuesday mooted a 10-point agenda to revive India's economic growth through reforms and governance.The CII national council, which ... Read more...

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Factors leading to slowdown have bottomed out: Mukherjee


May 31st, 2012 - 6:22 pm ICT by IANS
New Delhi, May 31 (IANS) Union Finance Minister Pranab Mukherjee Thursday said the Indian economy was set to recover as most of the factors leading to the sharp drop ... Read more...

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IMF suggests reforms, inflation check to resume India’s high growth


April 18th, 2012 - 11:13 am ICT by IANS
Washington, April 18 (IANS) The International Monetary Fund (IMF) has suggested reinvigoration of structural reforms, including development of infrastructure, fiscal consolidation and controlling of inflation to bring India's growth back ... 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 |

China makes economic plans for 2012


December 12th, 2011 - 2:01 pm ICT by IANS
Beijing, Dec 12 (IANS) High-ranking Chinese officials gathered here Monday for the annual Central Economic Work Conference, which will analyze international and domestic economic situations and map out plans for ... Read more...

Posted in Business |

Respite from inflation by year-end: PM


October 20th, 2011 - 12:32 am ICT by IANS
On Board Air India One, Oct 19 (IANS) Prime Minister Manmohan Singh Wednesday assured all steps to tame inflation, but refused to be drawn into the debate whether the ... Read more...

Posted in Politics |

After petrol prices, higher interest rates set to bite


September 16th, 2011 - 7:23 pm ICT by IANS
Mumbai, Sep 16 (IANS) India's central bank Friday hiked key rates by 25 basis points in the 12th such exercise since January 2010 to tame stubborn inflation, setting the ... Read more...

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Rate hikes not curbing inflation, only hampering growth: Industry


September 16th, 2011 - 5:36 pm ICT by IANS
New Delhi, Sep 16 (IANS) Successive rate hikes by the Reserve Bank of India (RBI) have not helped in tackling soaring inflation but have only hampered growth, leading industry ... Read more...

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Stabilising prices remains top priority for China: central bank


August 13th, 2011 - 4:58 pm ICT by IANS
Beijing, Aug 13 (IANS) The People's Bank of China (PBOC), or the central bank, has said that it will continue to make stabilising prices a top priority of its macro ... Read more...

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Loans set to pinch more as central bank hikes interest rates (Roundup)


July 26th, 2011 - 7:20 pm ICT by IANS
Mumbai, July 26 (IANS) India's central bank Tuesday sharply hiked key rates by 50 basis points in the 11th such exercise since January 2010 to tame stubborn inflation, setting ... Read more...

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Rate hike will bring down inflation to 6 percent: Pranab


July 26th, 2011 - 4:52 pm ICT by IANS
New Delhi, July 26 (IANS) The Reserve Bank of India's (RBI) aggressive monetary tightening measures would help bring down inflation to a comfortable level of six to seven percent ... Read more...

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Auto, home loans to get costlier as RBI hikes rate again (Roundup)


June 16th, 2011 - 8:47 pm ICT by IANS
Mumbai, June 16 (IANS) Auto and home loans are set to get costlier as the Reserve bank of India (EBI) Thursday hiked short term lending rates by 25 basis ... Read more...

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Price stability needed to sustain growth: Pranab


June 16th, 2011 - 4:33 pm ICT by IANS
New Delhi, June 16 (IANS) India need to have better price stability to sustain economic growth in the medium-term, Finance Minister Pranab Mukherjee said Thursday, and added that the ... Read more...

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Duel with inflation continues, RBI hikes rate again, signals more (Lead)


June 16th, 2011 - 2:15 pm ICT by IANS
Mumbai, June 16 (IANS) Auto and home loans are set to get costlier as India's central bank Thursday hiked short term lending rates by 25 basis points in a bid ... Read more...

Posted in Business |

Russia’s central bank keeps refinancing rate flat


May 30th, 2011 - 5:47 pm ICT by IANS
Moscow, May 30 (IANS/RIA Novosti) The board of directors of Russia's central bank Monday left the bank's refinancing rate, its credit rate benchmark, unchanged at 8.25 percent but raised deposit ... Read more...

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Policy rates up again as Indian central bank acts on inflation (Roundup)


March 17th, 2011 - 5:41 pm ICT by IANS
Mumbai, March 17 (IANS) India's central bank Thursday hiked its short-term lending and borrowing rates by 25 basis points for the eighth time in 15 months to tame stubborn inflation, ... Read more...

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Indian central bank hikes policy rates again to curb inflation


March 17th, 2011 - 1:59 pm ICT by IANS
Mumbai, March 17 (IANS) India's central bank Thursday hiked its short-term lending and borrowing rates by 25 basis points each for the eighth time in 15 months to tame inflation ... Read more...

Posted in Business |

UPA’s encomiums, opposition salvos for Mamata’s budget (Roundup)


February 25th, 2011 - 10:47 pm ICT by IANS
New Delhi, Feb 25 (IANS) The ruling UPA Friday showered encomiums on Railway Minister Mamata Banerjee for presenting "a common man's budget", while opposition parties, including the BJP and the Left ... Read more...

Posted in Politics |

It’s common man’s budget, says PM (Lead)


February 25th, 2011 - 4:56 pm ICT by IANS
New Delhi, Feb 25 (IANS) Prime Minister Manmohan Singh Friday praised the rail budget presented by Railway Minister Mamata Banerjee as a "common man's budget". "It is a common man's budget ... Read more...

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Every citizen of Pakistan owes over Rs.57,000 in debt: Report


February 2nd, 2011 - 6:57 pm ICT by ANI
Islamabad, Feb 2(ANI): Every man, woman and child in Pakistan owes over Rs.57,000 to foreign and domestic lenders, according to the country's Debt Policy Statement.The statement said that Pakistan's total debt ... Read more...

Posted in Sports |

RBI hikes key rates by 0.25 percent to curb inflation


January 25th, 2011 - 7:54 pm ICT by ANI
Mumbai, Jan 25 (ANI): The Reserve Bank of India (RBI) on Tuesday raised the repo rate and the reverse repo rate by 0.25 per cent, each, with immediate effect, in order to ... Read more...

Posted in Business |

PM to meet RBI Governor to discuss monetary measures to curb inflation


January 12th, 2011 - 12:27 pm ICT by ANI
New Delhi, Jan 12 (ANI): The Prime Minister, Dr. Manmohan Singh will meet Reserve Bank of India (RBI) Governor D Subbarao over the possibility of further monetary steps to check price ... Read more...

Posted in National |

India’s central bank marginally eases monetary policy


December 16th, 2010 - 2:06 pm ICT by IANS
Mumbai, Dec 16 (IANS) With inflation on the decline, India's central bank Thursday eased its monetary policy marginally by lowering the amount commercial banks have to retain as cash, gold or government ... Read more...

Posted in Business |

Onion, milk prices keep India’s annual food inflation high


December 9th, 2010 - 3:57 pm ICT by IANS
New Delhi, Dec 9 (IANS) After falling to a four-month low, India's annual food inflation rose again to 8.69 percent for the week ended Nov 27, as prices of onions, milk, ... Read more...

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Inflation may fall to 6.5 percent by end-December: Rangarajan


November 30th, 2010 - 8:13 pm ICT by IANS
New Delhi, Nov 30 (IANS) Terming general price rise as India's biggest fiscal concern, a top advisor to the prime minister and former central bank governor Tuesday said inflation, nevertheless, would moderate ... Read more...

Posted in Business |

Indian economy to cross 8.9 percent in September quarter


November 30th, 2010 - 6:24 pm ICT by ANI
Normal 0New Delhi, Nov.30 (ANI): Union Finance Minister Pranab Mukherjee said today that he was confident of the economy crossing 8.5 percent growth target in the current fiscal year.Interacting with ... Read more...

Posted in National |

Food inflation declines further to 10.15 percent


November 25th, 2010 - 2:36 pm ICT by IANS
New Delhi, Nov 25 (IANS) India's annual food inflation eased further to 10.15 percent for the week ended Nov 13, having fallen sharply by two percentage points to 10.30 percent the week ... Read more...

Posted in Business |

Food inflation drops sharply to 10.30 percent


November 18th, 2010 - 3:42 pm ICT by IANS
New Delhi, Nov 18 (IANS) India's annual food inflation declined sharply by two percentage points to 10.30 percent for the week ended Nov 6 from 12.30 percent in the previous week, showing ... Read more...

Posted in Business |

India’s inflation drops a tad in October


November 15th, 2010 - 7:05 pm ICT by IANS
New Delhi, Nov 15 (IANS) India's annual rate of inflation based on wholesale prices fell marginally to 8.58 percent in October from 8.62 in the month before even as the indices for ... Read more...

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India’s central bank signals higher consumer, corporate loan rates (Roundup)


September 16th, 2010 - 5:24 pm ICT by IANS
Mumbai, Sep 16 (IANS) Housing, automobile and corporate loans in India are set to become dearer with the central bank Thursday hiking its short-term interest rates for the fifth time this ... Read more...

Posted in Business |

India’s annual food inflation balloons to over 15 percent


September 16th, 2010 - 2:50 pm ICT by IANS
New Delhi, Sep 16 (IANS) India's annual food inflation shot up to 15.1 percent for the week ended Sep 4 from 11.47 percent the week before, due primarily to a shift to ... Read more...

Posted in Business |

Highlights of mid-quarter review of India’s monetary policy


September 16th, 2010 - 2:17 pm ICT by IANS
Mumbai, Sep 16 (IANS) Following are the highlights of the mid-quarter review of the monetary policy conducted by the Reserve Bank of India (RBI) Thursday, which focuses on reining in inflationary expectations ... Read more...

Posted in Business |

India’s central bank hikes short-term lending, borrowing rates


September 16th, 2010 - 1:53 pm ICT by IANS
Mumbai, Sep 16 (IANS) India's central bank Thursday hiked its short-term borrowing and lending rates by 50 basis points and 25 basis points respectively, continuing with its tight monetary policy stance since ... Read more...

Posted in Business |

Conflict between monetary, fiscal policies exaggerated: Rangarajan


August 7th, 2010 - 4:19 pm ICT by IANS
Hyderabad, Aug 7 (IANS) Economic Advisory Council chairman C. Rangarajan Saturday said the conflicts between fiscal policy and monetary policy were exaggerated but called for coordination between the two. "I think monetary policy ... Read more...

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