price pressures

Australian inflation index falls slightly in November


December 5th, 2011 - 4:55 pm ICT by IANS
Sydney, Dec 5 (IANS) Australia's consumer prices fell slightly in November, mainly due to a decrease in the cost of fruit and vegetables, automotive fuel and holiday travel and accommodation, ... Read more...

Posted in Business |

RBI hints at more monetary action to curb inflation


November 22nd, 2011 - 8:25 pm ICT by IANS
Hyderabad, Nov 22 (IANS) Reserve Bank of India (RBI) Governor D. Subbarao Tuesday did not rule out further monetary action to curb inflation.He said monetary steps may be warranted in ... Read more...

Posted in Business |

Singapore central bank eases monetary policy


October 14th, 2011 - 3:37 pm ICT by IANS
Singapore, Oct 14 (IANS) The Monetary Authority of Singapore eased its monetary policy Friday after a six-monthly review.It will continue with the policy of "a modest and gradual appreciation" of ... 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 |

Stage appears set for another rate hike by India’s central bank


July 26th, 2011 - 10:52 am ICT by IANS
Mumbai, July 26 (IANS) With headline inflation still above the comfort zone, the Indian central bank appeared set to announce another rate hike at 11 a.m. Tuesday, the 11th since ... Read more...

Posted in Business |

RBI says high inflation may continue, rate hike likely


July 25th, 2011 - 7:33 pm ICT by IANS
Mumbai, July 25 (IANS) The Reserve Bank of India (RBI) Monday said the upward pressures on food and overall inflation may remain in the short-term, signalling another rate hike when ... Read more...

Posted in Business |

India to grow at a slower 8 percent: World Bank


June 8th, 2011 - 12:03 pm ICT by IANS
Washington, June 8 (IANS) With India's growth projected to ease to 8 percent in fiscal 2011-12 from 8.8 percent last fiscal, South Asia is headed for a slower, but still ... Read more...

Posted in Business |

RBI ups inflation projection to 7 percent, positive on growth


January 25th, 2011 - 2:07 pm ICT by IANS
Mumbai, Jan 25 (IANS) With food prices continuing to rule high, the Reserve Bank of India Tuesday revised its current fiscal year-end projections for inflation, raising it to 7 percent from the ... Read more...

Posted in Business |

Indian economy to grow robustly with inflationary pressure: IMF


January 6th, 2011 - 6:57 pm ICT by ANI
Washington, Jan. 6 (ANI): An International Monetary Fund (IMF) report has said that the real gross domestic product (GDP) of India will grow at nearly nine percent during the period of April ... Read more...

Posted in Business |

India, China leading global economic recovery


October 21st, 2010 - 6:58 pm ICT by IANS
By Arun Kumar Washington, Oct 21 (IANS) With India and China leading the way with projected 2010 growth rates of 9.7 percent and 10.5 percent, respectively, Asia remains firmly in the lead of ... Read more...

Posted in Business |

European inflation slips back amid signs of slowing economies


September 15th, 2010 - 5:40 pm ICT by IANS
Berlin, Sep 15 (DPA) Price pressures in the 16-member eurozone eased in August, data released Wednesday showed, as the euro gained ground and energy costs slipped back. The European Union's (EU) statistics office ... Read more...

Posted in Business |

Mukherjee expresses confidence to absorb fuel price hike impacts


June 28th, 2010 - 10:56 pm ICT by ANI
Mumbai, June 28 (ANI): Union Finance Minister Pranab Mukherjee on Monday said the hike in fuel prices would have some inflationary impact in the short-term.However, Mukherjee expressed confidence that price pressures ... Read more...

Posted in National |

Wrong policies of government responsible for price rise: BJP


April 19th, 2010 - 12:37 pm ICT by ANI
Mumbai, Apr 19 (ANI): Bharatiya Janata Party President Nitin Gadkari has said that the wrong economic policies of Central Government is responsible for the price rise."The basic problem which our ... Read more...

Posted in National |

India’s growth to accelerate in 2010: ADB


April 13th, 2010 - 3:06 pm ICT by ANI
Hong Kong (China), Apr. 13 (ANI): India's rebound from the global crisis is set to accelerate in 2010, with estimated growth of 8.2 percent, although rising price pressures present a challenge to ... Read more...

Posted in World |

Fed Predicts Low Rates Will Prevail


March 17th, 2010 - 7:22 pm ICT by GD
By Ranjan Bhaduri New York, Mar 17, (THAINDIAN NEWS) On Tuesday, the Federal reserve kept its key interest rate close to 0% and said that for some time the rates should remain like ... Read more...

Posted in Business |

Indian economy riskier, but rating stable: Moody’s


August 4th, 2008 - 9:00 pm ICT by IANS
New Delhi, Aug 4 (IANS) Higher oil prices and insufficient government response may make the Indian economy riskier, but it will not affect its ratings, international rating agency Moody's said Monday. “While ... Read more...

Posted in Business |

Work eating away large chunk of Aussies lifestyle


July 26th, 2008 - 3:00 pm ICT by ANI
Melbourne, July 26 (ANI): Employees Down Under are being given so much work these days that it is now eating away into a large chunk of their lifestyles, according to the ... Read more...

Posted in Entertainment |

RBI governor hints at tough measures to check inflation


June 23rd, 2008 - 6:53 pm ICT by IANS
Pune, June 23 (IANS) Reserve Bank of India (RBI) Governor Y.V. Reddy Monday hinted at further tightening of monetary policies, saying the central bank would take "determined and calibrated measures" to rein ... Read more...

Posted in Business |

Double digit inflation a threat, say industry lobbies


June 20th, 2008 - 5:10 pm ICT by IANS
New Delhi, June 20 (IANS) Indian industry lobbies have expressed concern over inflation crossing the double digit mark Friday. "At 11.05 percent, inflation is reaching the concern zone," the Confederation of Indian ... Read more...

Posted in Business |

Planning commission calls for patience as inflation touches new high


June 13th, 2008 - 7:23 pm ICT by ANI
New Delhi, June 13 (ANI): Deputy Chairman of Planning Commission Montek Singh Ahluwalia on Friday asked people to have patience as annual inflation rate hits seven-year high of 8.75 inviting the ... Read more...

Posted in National |

Chidambaram expects state-run banks to hold interest rates


May 1st, 2008 - 8:36 pm ICT by admin
New Delhi, May 1 (ANI): Finance Minister P Chidambaram said on Thursday that state-run banks are unlikely to raise interest rates after the central bank tightened bank reserve requirements this week.In ... Read more...

Posted in Life Style |

RBI to release annual monetary and credit policy today


April 29th, 2008 - 12:12 pm ICT by admin
Mumbai, Apr 29 (ANI): Reserve Bank of India (RBI) will announce the annual the monetary and credit policy for the year 2008-09 today. Rising inflation could impact the policy in terms ... Read more...

Posted in South Asia |

India, China lead growth in Asia, but momentum easing


April 12th, 2008 - 11:41 am ICT by admin
By Arun Kumar Washington, April 12 (IANS) Led by China and India, growth remains high in Asia, and domestic demand is still robust, but key activity indicators suggest that momentum is easing, according ... Read more...

Posted in World |

Food riots can spread, high prices set to continue: FAO


April 9th, 2008 - 10:25 pm ICT by admin
New Delhi, Apr 9 (ANI): The Director General of United Nation's Food and Agriculture Organisation (FAO), Jacques Diouf, on Wednesday said that food riots which have struck several impoverished countries could ... Read more...

Posted in National |

Costly Indian rice may help Pak recapture Saudi export market


March 30th, 2008 - 1:33 pm ICT by admin
Islamabad , Mar.30 (ANI): The Indian Governments decision to restrict rice exports could help Pakistan rice exporters recapture the lucrative market in Saudi Arabia and other Gulf countries, feel experts. Saudi Arabia ... Read more...

Posted in National |

Record Cash surplus Rail Budget, E-ticket for waitlisted passengers


February 26th, 2008 - 3:43 pm ICT by admin
New Delhi, Feb 26 (ANI): Railway Minister Lalu Prasad today announced a cash surplus of over Rs 25,000 crore for new initiatives including e-ticketing for waitlisted passengers and a rail ticket for ... Read more...

Posted in National |

Highlights of Railway Budget 2008-09


February 26th, 2008 - 2:37 pm ICT by admin
New Delhi , Feb 26 (ANI): Railway Minister Lalu Prasad Yadav presented his fifth and last budget today. The Minister announced a surplus Balance Sheet for the year 2007-08.Following are some ... Read more...

Posted in National |

Lalu to present Rail Budget today


February 26th, 2008 - 10:51 am ICT by admin
New Delhi, Feb 26 (ANI): Union Railway Minister Lalu Prasad Yadav will present his fifth Rail Budget today that is expected to be people friendly. Lalu before presenting the budget said that there ... Read more...

Posted in National |

Lalu to present Rail Budget tomorrow


February 25th, 2008 - 8:55 pm ICT by admin
New Delhi, Feb 25 (ANI): The Indians are very hopeful that Rail Budget that will be presented by Railway Minister Lalu Prasad Yadav on February 26 will bring sops for them.Indian ... Read more...

Posted in National |

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