wholesale price index

India’s inflation soars to 7.55 percent in August (Lead)


September 14th, 2012 - 4:33 pm ICT by IANS
New Delhi, Sep 14 (IANS) Driven by a sharp increase in food prices, inflation rose to 7.55 percent in August from 6.87 percent in July, government data showed Friday.The more-than-expected ... Read more...

Posted in Business |

Inflation rises to 7.55 percent in August


September 14th, 2012 - 3:45 pm ICT by IANS
New Delhi, Sep 14 (IANS) India's inflation soared to 7.55 percent in August compared to 6.87 percent in July, largely driven by a sharp hike in prices of food items, ... Read more...

Posted in Business |

Retail inflation eases to 9.86 percent in July


August 21st, 2012 - 5:01 pm ICT by IANS
New Delhi, Aug 21 (IANS) India's retail inflation declined marginally to 9.86 percent in July as compared to 9.93 percent in the previous month helped by easing in prices of ... Read more...

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Sensex closes 95 points up as inflation dips (Roundup)


August 14th, 2012 - 6:52 pm ICT by IANS
Mumbai, Aug 14 (IANS) A benchmark index of Indian equities markets Tuesday closed almost 95 points higher on lower-than-expected inflation data and positive global cues.The 30-scrip sensitive index (Sensex) ... Read more...

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Inflation down by 6.87 percent


August 14th, 2012 - 4:33 pm ICT by IANS
New Delhi, Aug 14 (IANS) India's headline inflation fell to 6.87 percent in July from 7.25 percent in the previous month, putting pressure on the Reserve Bank of India to ... Read more...

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Crisil cuts India’s growth forecast to 5.5 percent


August 7th, 2012 - 4:54 pm ICT by IANS
Mumbai, Aug 7 (IANS) Research and ratings agency Crisil Tuesday cut India's economic growth forecast to 5.5 percent for the 2012-13 financial year from its earlier estimate of 6.5 percent, ... Read more...

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Subbarao moots producer price index to measure inflation


July 17th, 2012 - 8:30 pm ICT by IANS
Mumbai, July 17 (IANS) The Reserve Bank of India Tuesday mooted a producer price index (PPI) that would be able to measure inflation more accurately.According to Reserve Bank of India ... Read more...

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Inflation eases to 7.25 percent; food prices remain high (Lead)


July 16th, 2012 - 8:01 pm ICT by IANS
New Delhi, July 16 (IANS) India's headline inflation fell to a five-month low of 7.25 percent in June as compared to 7.55 percent in the previous month, but general food ... Read more...

Posted in Business |

Inflation eases, but food prices surge


July 16th, 2012 - 3:12 pm ICT by IANS
New Delhi, July 16 (IANS) India's headline inflation fell to 7.25 percent in June from 7.55 percent in the previous month, putting pressure on the Reserve Bank of India to ... Read more...

Posted in Business |

India Inc has to live with dollar at Rs.50: Kaushik Basu


July 7th, 2012 - 7:58 pm ICT by IANS
Kolkata, July 7 (IANS) India Inc is suffering from sharp rupee depreciation against the US dollar, but should be "realistic" about the Indian currency's fall and learn to live with ... Read more...

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Inflation to soften by mid-October: Kaushik Basu


July 3rd, 2012 - 8:51 pm ICT by IANS
Chennai, July 3 (IANS) Inflation would continue at the 7.5 percent level till September this year, after which it is likely to go below 7 per cent, Kaushik Basu, chief ... Read more...

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Fitch downgrades India’s rating to ‘negative’


June 18th, 2012 - 8:41 pm ICT by IANS
Chennai, June 18 (IANS) Credit rating agency Fitch Ratings Monday revised downward India's outlook to "negative" from "stable" owing to corruption and inadequate reforms.It, however, affirmed the country's long term ... Read more...

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Inflation to remain between 6.5-7.5 percent: Mukherjee (Lead)


June 14th, 2012 - 4:37 pm ICT by IANS
New Delhi, June 14 (IANS) Finance Minister Pranab Mukherjee Thursday said he is "confident" that the headline inflation will remain between 6.5-7.5 percent in 2012-13, even as the government ... Read more...

Posted in Business |

Inflation rises to 7.55 percent, food prices surge


June 14th, 2012 - 2:37 pm ICT by IANS
New Delhi, June 14 (IANS) India's inflation moved up to 7.55 percent in May as compared to 7.23 percent in the previous month, mainly driven by a sharp increase in ... Read more...

Posted in Business |

Akali Dal rejects hike in paddy, cotton MSP


June 1st, 2012 - 9:03 pm ICT by IANS
Chandigarh, June 1 (IANS) Punjab's ruling Shiromani Akali Dal (SAD) Friday rejected outright the Rs.170 per quintal proposed hike in Minimum Support Price (MSP) of paddy and Rs.800 for cotton.Akali ... Read more...

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Sluggish growth, inflation mar UPA-2 party


May 22nd, 2012 - 5:11 pm ICT by IANS
New Delhi, May 22 (IANS) Prime Minister Manmohan Singh's United Progressive Alliance (UPA) government, which completed three years of its second term Tuesday, has little to cheer on the ... Read more...

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Retail inflation surges to 10.36 percent in April


May 18th, 2012 - 3:15 pm ICT by IANS
New Delhi, May 18 (IANS) India's inflation based on retail prices surged 10.36 percent in April as compared to 9.38 percent in the previous month due to a sharp increase ... Read more...

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Inflation rises to 7.23 percent; food prices surge (Lead)


May 14th, 2012 - 8:43 pm ICT by IANS
New Delhi, May 14 (IANS) India's inflation moved up to 7.23 percent in April as compared to 6.89 percent in the previous month, mainly driven by a sharp increase ... Read more...

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Sensex tanks 77 points; metal, auto, power stocks hit (Lead)


May 14th, 2012 - 6:19 pm ICT by IANS
Mumbai, May 14 (IANS) A benchmark index for Indian equities markets fell 77 points Monday at the release of a higher-than-expected inflation data for April. Metal, automobile and power ... Read more...

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Inflation accelerates to 7.23 percent in April


May 14th, 2012 - 2:47 pm ICT by IANS
New Delhi, May 14 (IANS) India's inflation rose faster-than-expected to 7.23 percent in April as compared to 6.89 percent in the previous month, mainly driven by a sharp increase in ... Read more...

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Inflation pressure may re-emerge in India: Morgan Stanley


May 3rd, 2012 - 7:30 pm ICT by IANS
New Delhi, May 3 (IANS) India faces a very high risk of a return to rising inflation with the government continuing with its spending spree and the central bank easing ... Read more...

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Consumer price inflation rises to 9.47 percent


April 18th, 2012 - 3:04 pm ICT by IANS
New Delhi, April 18 (IANS) Inflation based on consumer prices rose to 9.47 percent in March as compared to 8.83 percent in the previous month, led by sharp increase in ... Read more...

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Rate cut will stimulate growth: Montek


April 17th, 2012 - 9:09 pm ICT by IANS
Bangalore, April 17 (IANS) Reduction of 50 basis points in repurchase (repo) rate by the Reserve Bank of India (RBI) would stimulate growth and put the economy back on rail, ... Read more...

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India’s growth pegged at 7.3 percent, inflation at 6.5 percent


April 17th, 2012 - 1:47 pm ICT by IANS
Mumbai, April 17 (IANS) India's central bank has projected the country's economic growth at 7.3 percent this fiscal, even as it has assessed the inflation rate to rule at around ... Read more...

Posted in Business |

Inflation declines marginally, RBI rate cut seen (Roundup)


April 16th, 2012 - 8:40 pm ICT by IANS
New Delhi, April 16 (IANS) India's inflation declined marginally to 6.89 percent in March as compared to 6.95 percent in the previous month, helped by softening in prices of ... Read more...

Posted in Business |

Growth will improve, but inflation will stay sticky: RBI


April 16th, 2012 - 8:02 pm ICT by IANS
New Delhi, April 16 (IANS) India's economic growth is likely to improve marginally in the current financial year from the projected growth of 6.9 percent in 2011-12, but inflation will ... Read more...

Posted in Business |

Inflation falls to 6.89 percent in March


April 16th, 2012 - 2:45 pm ICT by IANS
New Delhi, April 16 (IANS) Inflation declined marginally to 6.89 percent in March as compared to 6.95 percent in the previous month even as prices of vegetables, pulses and milk ... Read more...

Posted in Business |

Inflation still a concern for RBI as rates left unchanged (Lead)


March 15th, 2012 - 1:24 pm ICT by IANS
Mumbai, March 15 (IANS) Containing inflation remains the foremost priority for the Reserve Bank of India (RBI), which decided Thursday to keep key interest rates unchanged in its mid-quarter ... Read more...

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Inflation rises to 6.95 percent in February


March 14th, 2012 - 6:57 pm ICT by IANS
New Delhi, March 14 (IANS) Reversing a four-month old declining trend, India's inflation rose to 6.95 percent in February on a sharp increase in prices of food articles, government ... Read more...

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Inflation slips, Pranab expects it at 6 percent by March-end (Lead)


February 14th, 2012 - 4:41 pm ICT by IANS
New Delhi, Feb 14 (IANS) India's annual inflation slipped to 6.55 percent in January, but Finance Minister Pranab Mukherjee Thursday said he expected it to come down further to ... Read more...

Posted in Business |

Inflation in January slips to 6.55 percent


February 14th, 2012 - 2:08 pm ICT by IANS
New Delhi, Feb 14 (IANS) India's annual inflation slipped to 6.55 percent in January, lower than what was expected and at its slowest in 26 months, bringing relief to the ... Read more...

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India discontinues weekly inflation data (Lead)


February 2nd, 2012 - 4:45 pm ICT by IANS
New Delhi, Feb 2 (IANS) The Indian government has discontinued releasing weekly inflation data in a bid to curb the speculative movement in prices of essential commodities, an official statement ... Read more...

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India discontinues weekly inflation data


February 2nd, 2012 - 3:20 pm ICT by IANS
New Delhi, Feb 2 (IANS) India has discontinued releasing weekly inflation data in a bid to curb speculative movement in prices of essential commodities, official statement said Thursday.Consequent upon the ... Read more...

Posted in Business |

Inflation will come down to 6-7 percent by March: Mukherjee


February 1st, 2012 - 6:13 pm ICT by IANS
New Delhi, Feb 1 (IANS) The overall inflation will be around 6-7 percent by March while economic growth in the current financial year will be around 7 percent, Finance ... Read more...

Posted in Business |

India to grow faster in 2012-13: Kaushik Basu


January 31st, 2012 - 6:24 pm ICT by IANS
New Delhi, Jan 31 (IANS) The Indian economy would grow a little over 7 percent this fiscal ending March 31, and it would turn around in 2012-13, the government's Chief ... Read more...

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