rate of inflation

India’s economic growth may fall below 6 percent: CII


September 2nd, 2012 - 6:51 pm ICT by IANS
New Delhi, Sep 2 (IANS) A majority of CEOs are pessimistic about the Indian economy and feel that the gross domestic product (GDP) growth would fall below six percent in ... Read more...

Posted in Uncategorized |

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 |

Growth recovery essential for capital inflow: Rangarajan


June 29th, 2012 - 9:05 pm ICT by IANS
Kolkata, June 29 (IANS) C. Rangarajan, chairman of the Economic Advisory Council of the prime minister, Friday said foreign capital inflows would come in once global economic prospects improve and ... Read more...

Posted in Business |

Zardari, Gilani to get lifelong security


June 2nd, 2012 - 4:12 pm ICT by IANS
Islamabad, June 2 (IANS) Pakistan President Asif Ali Zardari and Prime Minister Yousuf Raza Gilani will be provided security cover throughout their lifetime. A provision in this regard has ... Read more...

Posted in South Asia |

‘Urban projects fail to provide basic services’


April 26th, 2012 - 12:32 am ICT by IANS
New Delhi, April 25 (IANS) The number of projects undertaken by the urban development ministry for transition to quasi-urban society has not been accompanied by a commensurate increase in the ... Read more...

Posted in Politics |

Inflation will remain at same level: Pranab


April 17th, 2012 - 6:42 pm ICT by IANS
New Delhi, April 17 (IANS) Inflation will remain in the range of 6-7 percent in the current financial year, Finance Minister Pranab Mukherjee said Tuesday adding a slowdown in ... Read more...

Posted in Business |

Trivedi’s rail fare hike reasonable, say economists


March 15th, 2012 - 12:57 pm ICT by IANS
Kolkata, March 15 (IANS) Notwithstanding severe criticism from his own Trinamool Congress that may cost him his job, Railway Minister Dinesh Trivedi has got a thumbs up for his ... Read more...

Posted in Uncategorized |

Belarus unveils 200,000-ruble banknote


March 13th, 2012 - 1:56 pm ICT by IANS
Minsk, March 13 (IANS) The Belarusian central bank unveiled Monday a 200,000-ruble banknote after huge devaluation of its currency last year.Belarus decided to issue the new currency note in order ... Read more...

Posted in Business |

PM doesn’t get even 25/100 in handling economy: Gadkari


February 27th, 2012 - 8:05 pm ICT by IANS
Panaji, Feb 27 (IANS) Prime Minister Manmohan Singh, though an economist by profession, doesn't even merit 25 marks out of 100 for his handling of the country's economy, BJP ... Read more...

Posted in Uncategorized |

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 |

British unemployment to rise to nearly 3 million


December 29th, 2011 - 4:32 am ICT by IANS
London, Dec 29 (IANS) The unemployment numbers in Britain was forecast to rise to 2.85 million by the end of 2012.Britain's total employment is 29.11 million people, of whom ... Read more...

Posted in Business |

Global warming could make chocolates expensive


December 27th, 2011 - 5:58 pm ICT by IANS
London, Dec 27 (IANS) Chocolates could be priced out of your reach - thanks to the impact of global warming as cocoa plantation yield could fall due to rise ... Read more...

Posted in Environment |

India Inc welcomes RBI’s decision to pause rate hike


December 16th, 2011 - 6:30 pm ICT by IANS
New Delhi, Dec 16 (IANS) Welcoming the Reserve Bank of India's decision to put a pause on the rate hike, India Inc. Friday said the central bank's move would help ... Read more...

Posted in Business |

Rate pause will help regain growth momentum: Pranab


December 16th, 2011 - 2:57 pm ICT by IANS
New Delhi, Dec 16 (IANS) The Reserve Bank of India's decision to keep key rates unchanged will help improve business sentiments and regain economic growth momentum, Finance Minister Pranab ... Read more...

Posted in Business |

India’s central bank hits pause button on rate hikes


December 16th, 2011 - 1:59 pm ICT by IANS
Mumbai, Dec 16 (IANS) India's central bank Friday kept key rates unchanged - after as many as 13 successive hikes since early 2010 - in a bid to spur growth, ... 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 |

Inflation will come down by December: Pranab


October 31st, 2011 - 5:52 pm ICT by IANS
New Delhi, Oct 31 (IANS) Inflation will come down by December as necessary steps have been taken to remove supply-side bottlenecks, Finance Minister Pranab Mukherjee said here Monday."Current inflation ... Read more...

Posted in Business |

Mumbaikars flay petrol price hike


September 15th, 2011 - 10:00 pm ICT by IANS
Mumbai, Sep 15 (IANS) City residents Thursday reacted angrily to the over Rs.3 per litre hike in petrol prices, saying the rising prices of goods is making it difficult for ... Read more...

Posted in Uncategorized |

Public fumes, as petrol prices hiked again (Roundup)


September 15th, 2011 - 8:36 pm ICT by IANS
New Delhi, Sep 15 (IANS) Petrol prices were hiked for the 10th time since June 2010, by a little over Rs.3 a litre from Friday, as India's oil retailers ... Read more...

Posted in Business |

No inherent contradiction between growth, inflation: Mukherjee


August 4th, 2011 - 2:06 pm ICT by IANS
New Delhi, Aug 4 (IANS) Finance Minister Pranab Mukherjee sought to assure parliament Thursday that all possible steps were being taken to tacle price rise, and said there was ... Read more...

Posted in Politics |

Montek hopes headline inflation will decline by September


June 10th, 2011 - 7:47 pm ICT by IANS
Bangalore, June 10 (IANS) Planning Commission Deputy Chairman Montek Singh Ahluwalia Friday hoped that the headline inflation would decline to reasonable levels by September with better macro management and an ... Read more...

Posted in Business |

GDP to grow at 8 percent this fiscal, inflation high till September: FICCI


May 30th, 2011 - 6:39 pm ICT by IANS
New Delhi, May 30 (IANS) The Indian economy's growth will moderate to 8 percent this fiscal compared to the 8.6 percent it is estimated to have expanded by in 2010-11, ... Read more...

Posted in Business |

Himachal seeks additional funds from Planning Commission


May 23rd, 2011 - 7:03 pm ICT by IANS
Shimla, May 23 (IANS) Himachal Pradesh Chief Minister Prem Kumar Dhumal Monday asked the central government for Rs.27,556 crore in the Twelfth Five-Year Plan to build an airport and to ... Read more...

Posted in Business |

Indian equities markets end lower as inflation reigns high (Weekly market review)


May 22nd, 2011 - 3:00 pm ICT by IANS
Mumbai, May 22 (IANS) Indian equities markets closed the week in the red with benchmark indices losing over one percent and broader indices slipping more, as bearish sentiments strengthened ... Read more...

Posted in Business |

Sensex ends 186 points down as high inflation sparks rate hike fears (Roundup)


May 16th, 2011 - 6:58 pm ICT by IANS
Mumbai, May 16 (IANS) A benchmark index for Indian equities markets Monday closed 186 points lower as traders reacted negatively to news of the petrol rate hike by oil ... Read more...

Posted in Business |

India’s annual inflation slips to 8.66 percent in April (Lead)


May 16th, 2011 - 6:31 pm ICT by IANS
New Delhi, May 16 (IANS) India's annual rate of inflation slipped a tad to 8.66 percent in April, compared to 9.04 percent recorded in the previous month, according to ... Read more...

Posted in Business |

India’s annual inflation slips to 8.66 percent in April


May 16th, 2011 - 2:39 pm ICT by IANS
New Delhi, May 16 (IANS) India's annual rate of inflation slipped a tad to 8.66 percent in April, compared to 9.04 percent recorded in the previous month, according to official ... Read more...

Posted in Business |

RBI hints at rate hike, growth below 9 percent


May 2nd, 2011 - 7:33 pm ICT by IANS
Mumbai, May 2 (IANS) The Reserve Bank of India, the country's central bank, Monday hinted at another interest rate hike on May 3 as inflation has remained persistently high and ... Read more...

Posted in Business |

India’s central bank could raise rates once again


May 2nd, 2011 - 3:21 pm ICT by IANS
Mumbai, May 2 (IANS) With inflation still above comfort levels, fears of a ninth rate hike in 15 months loomed large as India's central bank was set to announce its ... Read more...

Posted in Business |

Markets await monetary policy on May 3


May 1st, 2011 - 5:11 pm ICT by IANS
Mumbai, May 1 (IANS) Traders at Indian equities markets will be eying the central bank very closely as it comes out with its annual monetary policy on May 3.The ... Read more...

Posted in Business |

RBI governor meets finance minister ahead of policy review


April 29th, 2011 - 5:03 pm ICT by IANS
New Delhi, April 29 (IANS) Ahead of a review of the monetary policy next week, Reserve Bank of India Governor D. Subbarao met Finance Minister Pranab Mukherjee Friday."As a ... Read more...

Posted in Business |

Persistent inflation a concern: PM


April 21st, 2011 - 3:52 pm ICT by IANS
New Delhi, April 21 (IANS) Though food inflation has come down from double digits, it is still a cause of concern, Prime Minister Manmohan Singh said Thursday."During the past ... Read more...

Posted in Business |

Normal monsoon may cool high inflation


April 19th, 2011 - 8:45 pm ICT by IANS
New Delhi, April 19 (IANS) With the India Meteorological Department forecasting a normal monsoon this year, the government will get a helping hand in containing food and overall inflation, which ... Read more...

Posted in Business |

India’s inflation overshoots official target (Lead)


April 15th, 2011 - 5:49 pm ICT by IANS
New Delhi, April 15 (IANS) Despite successive rate hikes and assurances from policy makers, India's annual rate of inflation rose to 8.98 percent in March from 8.31 percent the month ... Read more...

Posted in Business |

India’s inflation overshoots target, at 8.98 percent in March


April 15th, 2011 - 2:39 pm ICT by IANS
New Delhi, April 15 (IANS) Despite rampant rate hikes initiated by India's central bank and assurances from policy makers, the annual rate of inflation rose to 8.98 percent in March ... Read more...

Posted in Business |

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