rate of inflation

India’s growth will slow to 8.2 percent in 2011-12, says ADB


April 7th, 2011 - 6:35 pm ICT by IANS
New Delhi, April 7 (IANS) The Asian Development Bank (ADB) has lowered India's growth forecast to 8.2 percent in the current fiscal from an estimated 8.6 percent in 2010-11, warning ... Read more...

Posted in Business |

Food inflation eases further


April 7th, 2011 - 6:20 pm ICT by IANS
New Delhi, April 7 (IANS) India's food inflation declined marginally to 9.18 percent for the week ended March 26 as the prices of vegetables and other food items like meat, ... 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 |

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 |

Salient points of what PM said in parliament (Lead)


February 24th, 2011 - 10:03 pm ICT by IANS
New Delhi, Feb 24 (IANS) Prime Minister Manmohan Singh Thursday spoke extensively in both houses of parliament, both during question hour and while replying to the debate on the motion of ... Read more...

Posted in Politics |

India’s annual inflation rises to 8.43 percent


January 14th, 2011 - 3:10 pm ICT by IANS
New Delhi, Jan 14 (IANS) India's annual rate of inflation based on wholesale prices rose to 8.43 percent in December, according to official data released Friday. The previous month the ... Read more...

Posted in Business |

Inflation rate a matter of concern: Pranab


January 2nd, 2011 - 11:12 pm ICT by IANS
Kolkata, Jan 2 (IANS) Finance Minister Pranab Mukherjee Sunday expressed concern over the current rate of inflation but said the figure was expected to come down to 6.5 percent by the ... Read more...

Posted in Business |

Manmohan Singh sees end-March inflation at 5.5 percent


December 20th, 2010 - 2:16 pm ICT by ANI
Burari (New Delhi), Dec 20 (ANI): The Prime Minister, Dr. Manmohan Singh, on Monday said that the rate of inflation would be curbed by early next year to settle at 5.5 ... Read more...

Posted in National |

We will rein in inflation: PM (Lead)


December 20th, 2010 - 1:27 pm ICT by IANS
New Delhi, Dec 20 (IANS) Prime Minister Manmohan Singh Monday said the rate of inflation would be curbed by early next year to settle at 5.5 percent."We made all efforts to ... Read more...

Posted in Business |

India’s food inflation rises for second week


December 16th, 2010 - 2:55 pm ICT by IANS
New Delhi, Dec 9 (IANS) India's annual food inflation rose for the second consecutive week, to 9.46 percent for the week ended Dec 4, as prices of food items like milk, poultry ... Read more...

Posted in Business |

India’s annual inflation drops to 7.48 percent in November


December 14th, 2010 - 2:31 pm ICT by IANS
New Delhi, Dec 14 (IANS) India's annual rate of inflation based on wholesale prices fell to 7.48 percent in November compared to 8.58 percent in the previous month, although the indices ... Read more...

Posted in Business |

Economic growth may cross 9 percent in 2010-11: Mukherjee


December 7th, 2010 - 5:32 pm ICT by IANS
New Delhi, Dec 7 (IANS) India's economic growth is likely to cross 9 percent in the current fiscal on the back of better than estimated 8.9 percent expansion in the first ... 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 |

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...

Posted in Business |

India’s central bank hikes rates again to fix inflation (Roundup)


November 2nd, 2010 - 7:44 pm ICT by IANS
Mumbai, Nov 2 (IANS) With inflation still above its comfort zone, India's central bank Tuesday hiked both its short-term borrowing and lending rates by 25 basis points each that could trigger ... Read more...

Posted in Business |

Food prices should be brought down further: Sonia


November 2nd, 2010 - 3:32 pm ICT by IANS
New Delhi, Nov 2 (IANS) Expressing concern at rising prices, Congress president Sonia Gandhi said the prices of food items needed to be brought down further and the responsibility for doing ... Read more...

Posted in Business |

India’s central bank hikes rates again to fix inflation (Lead)


November 2nd, 2010 - 2:00 pm ICT by IANS
Mumbai, Nov 2 (IANS) With inflation rate still above its comfort zone, India's central bank Tuesday hiked both its short-term borrowing and lending rates by 25 basis points each in what could ... Read more...

Posted in Business |

Inflation rises to 8.62 percent in September


October 15th, 2010 - 3:43 pm ICT by IANS
New Delhi, Oct 15 (IANS) The wholesale price inflation rose to 8.62 percent in September from 8.51 percent in the previous month, increasing pressure on the Reserve Bank of India (RBI) ... Read more...

Posted in Business |

Inflation rate to fall to 5.5 percent by fiscal end: Rangarajan


September 23rd, 2010 - 10:06 pm ICT by IANS
Chennai, Sep 23 (IANS) The rate of inflation is expected to fall to 5.5 percent by the end of this fiscal. By December, the inflation will be around 6.5 percent, down from ... Read more...

Posted in Business |

India’s central bank to review monetary policy at noon Thursday


September 16th, 2010 - 12:10 pm ICT by IANS
Mumbai, Sep 16 (IANS) India's central bank will conduct a mid-quarter review of its monetary policy for this fiscal Thursday noon amid signs of industrial revival and let up in inflation, ... Read more...

Posted in Business |

India’s central bank to review monetary policy Thursday


September 15th, 2010 - 6:21 pm ICT by IANS
Mumbai, Sep 15 (IANS) Amid signs of a robust industrial revival and a let up in inflation, India's central bank will review its credit policy for this fiscal Thursday, with the corporate ... Read more...

Posted in Business |

India’s new inflation basket has ice-cream and microwave ovens (Lead)


September 14th, 2010 - 9:05 pm ICT by IANS
New Delhi, Sep 14 (IANS) Ice-cream, microwave ovens, mineral water and dish antenna are among 241 new items in the basket of commodities making up the official wholesale price index, reflecting ... Read more...

Posted in Business |

Ice-cream, microwave ovens now in India’s inflation basket


September 14th, 2010 - 2:46 pm ICT by IANS
New Delhi, Sep 14 (IANS) Ice-cream, microwave ovens, mineral water and dish antenna are among 241 new items in the basket of commodities making up the official wholesale price index in a ... Read more...

Posted in Business |

Import doors open to improve supply position: Mukherjee


August 9th, 2010 - 3:08 pm ICT by ANI
By Ravi ShankarKolkata/Dhaka, Aug.9 (ANI): India's central bank, the Reserve Bank of India (RBI) is closely monitoring inflationary trends, Finance Minister Pranab Mukherjee said in Kolkata on Sunday after completing a ... Read more...

Posted in National |

BJP chief ministers attack government on inflation


July 24th, 2010 - 11:03 pm ICT by IANS
New Delhi, July 24 (IANS) The chief ministers of Bharatiya Janata Party (BJP) ruled states Saturday criticised the United Progressive Alliance (UPA) government on price rise as they also raised ... Read more...

Posted in Business |

Govt. to launch programme for backward districts hit by Left extremism


July 24th, 2010 - 10:59 pm ICT by ANI
New Delhi, July 24 (ANI): Prime Minister Manmohan Singh today said the security challenge posed by left wing extremism would be met with full cooperation between the Centre and the States ... Read more...

Posted in National |

Inflation will ease but India missing targets: PM (Roundup)


July 24th, 2010 - 5:03 pm ICT by IANS
New Delhi, July 24 (IANS) Hoping for a good rainfall in the current monsoon season, Prime Minister Manmohan Singh Saturday said it will help ease the inflation rate to 6 percent ... Read more...

Posted in Business |

Inflation will ease, country falling short of plan targets: PM (Lead)


July 24th, 2010 - 2:24 pm ICT by IANS
New Delhi, July 24 (IANS) Prime Minister Manmohan Singh Saturday said a good monsoon this year will help overall inflation ease to 6 percent by the year-end, a figure more optimistic ... Read more...

Posted in Business |

Targets not met, but current plan growth better than ever: PM


July 24th, 2010 - 12:57 pm ICT by IANS
New Delhi, July 24 (IANS) Prime Minister Manmohan Singh Saturday said though the country had fallen short of targets under the current five year plan, the overall projected average growth of ... Read more...

Posted in Business |

Soaring milk, fruit prices keep food inflation high


July 22nd, 2010 - 1:55 pm ICT by IANS
New Delhi, July 22 (IANS) India's food inflation continued to remain high and was ruling at 12.47 percent for the week ended July 10 against 12.81 percent for the week before ... Read more...

Posted in Business |

Finance minister hopes Inflation will moderate after monsoon


July 20th, 2010 - 8:50 pm ICT by IANS
Hyderabad, July 20 (IANS) Finance Minister Pranab Mukherjee Tuesday voiced concern about the high rate of inflation saying it is no longer confined to food items and hoped that it would ... Read more...

Posted in Business |

Shutdown against fuel price hike unjustified: Deora


July 4th, 2010 - 6:24 pm ICT by IANS
New Delhi, July 4 (IANS) Petroleum and Natural Gas Minister Murli Deora Sunday said the shutdown called by opposition parties against the fuel price hike was "totally unjustified" as the increase ... Read more...

Posted in Business |

Mukherjee optimistic of achieving over 8.5 percent growth


June 22nd, 2010 - 9:19 pm ICT by ANI
Washington, June 22 (ANI): Union Finance Minister Pranab Mukherjee has said that despite prevailing global economic crisis, India will be able to achieve a growth rate of more than 8.5 percent ... Read more...

Posted in National |

Hike fuel prices, inflation will fall in six months: Advisor (Roundup)


June 14th, 2010 - 6:59 pm ICT by IANS
New Delhi, June 14 (IANS) On a day India's annual rate of inflation climbed to double-digit level, Chief Economic Advisor Kaushik Basu Monday said he favoured freeing the prices of petroleum ... Read more...

Posted in Business |

Food inflation climbs to 16.74 percent


June 10th, 2010 - 2:05 pm ICT by IANS
New Delhi, June 10 (IANS) India's annual food inflation climbed to 16.74 percent for the week ended May 29 owing to high prices of pulses, milk and fruits, offering no respite to ... Read more...

Posted in Business |

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