wholesale prices

Retail inflation rises to 10.3 percent in August


September 18th, 2012 - 3:37 pm ICT by IANS
New Delhi, Sep 18 (IANS) India's retail inflation rose to double digits at 10.3 percent in August as compared to 9.86 percent in the previous month owing to a sharp ... Read more...

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Bengal ration shops to continue potato sales till prices fall (Lead)


July 25th, 2012 - 6:09 pm ICT by IANS
Kolkata, July 25 (IANS) Prices of the humble potato, the common man's staple food, are likely to remain high till December, prompting the state government to continue selling the tuber ... Read more...

Posted in Business |

Potato to be sold through ration shops in Bengal


July 25th, 2012 - 3:05 pm ICT by IANS
Kolkata, July 25 (IANS) Prices of the humble potato, the common man's staple vegetable, are likely to remain high till December and will be sold through ration shops till prices ... Read more...

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US wholesale prices rise


July 14th, 2012 - 2:21 pm ICT by IANS
Washington, July 14 (IANS) US wholesale prices rose slightly in June after a consecutive decline from March through May. The Producer Price Index, which measures price changes at factory gates, ... Read more...

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China’s inflation eases to 29-month low (Lead)


July 9th, 2012 - 3:02 pm ICT by IANS
Beijing, July 9 (IANS) China's Consumer Price Index (CPI), a main gauge of inflation, has eased to a 29-month low driven by falling food prices, leaving the government ample room ... Read more...

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China’s inflation rebounds (Lead)


April 9th, 2012 - 3:52 pm ICT by IANS
Beijing, April 9 (IANS) China's inflation rebounded slightly in March after logging an extremely low growth in February, backing lingering uncertainty regarding the country's ability to contain price rises.China's consumer ... Read more...

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British petrol prices hit record high


March 2nd, 2012 - 10:04 pm ICT by IANS
London, March 2 (IANS) Petrol prices hit an all-time high in Britain Friday, the Daily Mail reported.Prices at the pump have reached 137.44 pounds, beating the previous record 137.43 pounds ... 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...

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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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MPs demand special session to discuss agrarian crisis


December 15th, 2011 - 9:46 pm ICT by IANS
New Delhi, Dec 15 (IANS) Cutting across party lines, Rajya Sabha members Thursday demanded calling a special session of parliament to discuss the country's agrarian crisis with nearly 2.15 ... Read more...

Posted in Politics |

November headline inflation at 9.11 percent


December 14th, 2011 - 1:47 pm ICT by IANS
New Delhi, Dec 14 (IANS) India's annual inflation based on wholesale prices continued to remain at elevated levels, official data released Wednesday showing it at 9.11 percent in November.Expectations of ... Read more...

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US producer prices fall


November 16th, 2011 - 11:47 am ICT by IANS
Washington, Nov 16 (IANS/EFE) The US Producer Price Index dropped 0.3 percent last month after a rise of 0.8 percent in September, the US Labor Department said Tuesday.The figure for ... Read more...

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Shed pessimism, Indian economy intrinsically strong: PM


October 22nd, 2011 - 1:34 pm ICT by IANS
New Delhi, Oct 22 (IANS) Prime Minister Manmohan Singh Saturday said there was no need for pessimism over the fundamentally-strong Indian economy, with the current slowdown just a short-term ... Read more...

Posted in Politics |

US consumer prices rose in September


October 20th, 2011 - 12:38 pm ICT by IANS
Washington, Oct 20 (IANS/EFE) US consumer prices rose 0.3 percent last month, bringing the 12-month inflation rate to 3.9 percent, the Labour Department said Wednesday.The core Consumer Price Index, which ... Read more...

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Prime Minister meets top officials on curbing inflation


October 15th, 2011 - 7:51 pm ICT by IANS
New Delhi, Oct 15 (IANS) Prime Minister Manmohan Singh Saturday met top policymakers seeking ways to curb inflation which has been hovering close to double-digits for almost 9 ... Read more...

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Inflation continues to remain high, rate hike likely again


October 14th, 2011 - 6:54 pm ICT by IANS
New Delhi, Oct 14 (IANS) India's annual inflation based on wholesale prices continued to hover close to double digits -- at 9.72 percent -- for September, official data showed Friday, ... Read more...

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Onion prices shoot up in Maharashtra


September 14th, 2011 - 9:15 pm ICT by IANS
Nashik/Mumbai, Sep 14 (IANS) Onion prices in Maharashtra have shot up yet again this week due to a supply crunch owing to growers' refusal to market their yield in protest ... Read more...

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After poor factory output, India’s inflation nudging double-digit


September 14th, 2011 - 7:59 pm ICT by IANS
New Delhi, Sep 14 (IANS) India's annual inflation rate for August inched closer towards double digits, fuelling speculation that the central bank may hike key rates again for the ... Read more...

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Every step being taken to tame inflation: PM


August 15th, 2011 - 9:36 am ICT by IANS
New Delhi, Aug 15 (IANS) The government realises the burden inflation is imposing on citizens, much of it due to global reasons, and every step will be taken to ... Read more...

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Police rates hiked to tame inflation: RBI


August 12th, 2011 - 7:17 pm ICT by IANS
New Delhi, Aug 12 (IANS) Inflation would have spiralled out of control had the Reserve Bank of India (RBI) not adopted an aggressive monetary tightening policy and hiked the key ... Read more...

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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 |

RBI may hike rates again if inflation remains high: Pranab


July 27th, 2011 - 5:45 pm ICT by IANS
New Delhi, July 27 (IANS) Finance Minister Pranab Mukherjee said Wednesday the Reserve Bank of India might hike policy rates again as inflation was unlikely to come ... Read more...

Posted in Business |

Food inflation drops for the second week


July 7th, 2011 - 2:14 pm ICT by IANS
New Delhi, July 7 (IANS) Food inflation declined for the second week in a row to 7.61 percent for the week ended June 25 from 7.78 percent in the previous ... Read more...

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Inflation, industrial output data flawed: RBI governor


July 5th, 2011 - 4:47 pm ICT by IANS
Mumbai, July 5 (IANS) The data on industrial output and inflation is flawed as it does not reflect the correct picture and could "potentially mislead policy calculations", Reserve Bank of ... Read more...

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Expect at least 8.5 percent growth rate: PM


May 28th, 2011 - 10:29 pm ICT by IANS
On Board Air India One, May 28 (IANS) Prime Minister Manmohan Singh Saturday expressed confidence that the Indian economy will be able to sustain a growth rate of at ... Read more...

Posted in Politics |

Indian equities edge lower weighed by inflation worries (Weekly market review)


May 28th, 2011 - 2:42 pm ICT by IANS
Mumbai, May 28 (IANS) Indian equities markets edged lower this week as traders were cautious in the wake of high inflation and an expected rate hike by the central ... Read more...

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FDI in multi-brand retail will help curb inflation: Basu


May 27th, 2011 - 6:20 pm ICT by IANS
New Delhi, May 27 (IANS) Kaushik Basu, chief economic adviser to union finance minister, Friday favoured opening up multi-brand retail sector for foreign investment, saying it would reduce price gap ... Read more...

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Wall Street drops on Japan concern


March 17th, 2011 - 4:14 am ICT by IANS
New York, March 17 (IANS) Wall Street plunged in midday trading Wednesday after the European Union's energy chief said that the situation at a nuclear plant in Japan could get ... Read more...

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Indirect tax rates should be kept steady: CII


February 27th, 2011 - 6:40 pm ICT by IANS
New Delhi, Feb 27 (IANS) In view of the persistently high inflation, Finance Minister Pranab Mukherjee should not hike indirect tax rates in the union budget Monday as it would hurt ... Read more...

Posted in Business |

Finance Minister set to present budget Feb 28


February 26th, 2011 - 6:29 pm ICT by IANS
New Delhi, Feb 26 (IANS) Finance Minister Pranab Mukherjee is set to present his sixth national budget Monday, with people hoping for measures that will help them brave high prices and ... Read more...

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Sensex slips under rate hike fears, Middle East tensions (Weekly market review)


February 26th, 2011 - 2:17 pm ICT by IANS
Mumbai, Feb 26 (IANS) It was a bad week for Indian equities markets with investors choosing to offload stocks as another round of monetary tightening by the country's central bank loomed ... Read more...

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Inflation, oil prices major concerns: Pranab


February 25th, 2011 - 6:13 pm ICT by IANS
New Delhi, Feb 25 (IANS) Persistently high inflation and soaring crude oil prices in the international markets are the major areas of concern and might adversely affect Indian economy, Finance Minister ... Read more...

Posted in Business |

Survey gung-ho on growth, but predicts higher inflation (Lead)


February 25th, 2011 - 4:56 pm ICT by IANS
New Delhi, Feb 25 (IANS) India's Economic Survey for 2010-11 has predicted 8.6 percent growth for the current fiscal and gross domestic product (GDP) touching the 9 percent mark in 2011-12. ... Read more...

Posted in Business |

Food inflation rises to 11.49 percent


February 24th, 2011 - 4:52 pm ICT by IANS
New Delhi, Feb 24 (IANS) India's annual food inflation rose to 11.49 percent for the week ended Feb 12, according to official data released Thursday.The data showed that the food inflation ... Read more...

Posted in Business |

Diesel price may be freed if inflation falls


February 21st, 2011 - 9:04 pm ICT by IANS
New Delhi, Feb 21 (IANS) India is likely to deregulate diesel prices once general inflation level falls to 6 percent, C. Rangarajan, chairman of the economic advisory council to the prime minister, ... Read more...

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