money policy

Inflation too high, says RBI; defends tight money policy (Lead)


June 19th, 2012 - 10:26 pm ICT by IANS
Mumbai, June 19 (IANS) Reserve Bank of India Governor Duvvuri Subbarao Tuesday said inflation is still above the acceptable level and it cannot be brought down without monetary tightening and ... Read more...

Posted in Business |

India’s central bank infuses more money in system


January 24th, 2012 - 2:41 pm ICT by IANS
New Delhi, Jan 24 (IANS) After nearly two years of tight check on money supply to tame inflation, India's central bank took steps Tuesday to infuse more liquidity in the ... 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...

Posted in Business |

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 |

Banks not to hike rates till monetary policy review


April 5th, 2010 - 9:02 pm ICT by IANS
Mumbai, April 5 (IANS) Commercial banks will maintain a status quo on interest rates till such time the Reserve Bank of India (RBI) reviews its monetary policy April 20, an ... Read more...

Posted in Business |

Inflation could reach 10 percent by March


October 25th, 2009 - 10:35 am ICT by IANS
New Delhi, Oct 25 (IANS) Inflation may soar to 10 percent in India by March 2010 due to rising prices of manufacturing goods and food, according to industry lobby Assocham. The fact that ... Read more...

Posted in Business |

India against credit curbs to check price rise: Mukherjee


September 20th, 2009 - 11:43 am ICT by ANI
Bangalore, Sept 20 (ANI): Union Finance Minister Pranab Mukherjee has said that the government opposes tighter monetary policy to curb rising food prices as this would hit economic growth of the ... Read more...

Posted in National |

Pranab admits to problem on food price front (Lead)


September 19th, 2009 - 8:52 pm ICT by IANS
Bangalore, Sep 19 (IANS) Finance Minister Pranab Mukherjee Saturday admitted that the government had a problem on the food price front due to a dichotomy in the wholesale price index (WPI) ... Read more...

Posted in Business |

India’s inflation at nine-month high


March 7th, 2008 - 4:21 pm ICT by admin
New Delhi, March 7 (IANS) Despite a tight money policy of the central bank and the government's resolve to tame prices, India's annual rate of inflation based on wholesale prices crept up ... Read more...

Posted in Business |

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