New Delhi: Finance Minister Arun Jaitley will hold a meeting of top ministers of the Union Cabinet this afternoon on the issue of rising prices of food as a result of 19-month record high wholesale
The wholesale price-based inflation or WPI jumped to 0.79 per cent in May with vegetable prices witnessing a double-digit growth.
The Central government has imported about 13,000 tonnes of pulses to check rising food inflation, and is expecting another 6,000 tonnes of pulses in the next few weeks, the Ministry of Consumer Affairs, Food and Public Distribution said on Tuesday.
New Delhi:India's annual wholesale price inflation (WPI) moved up into the positive zone at 0.34 percent for April, from (-)0.85 percent in March and (-)2.43 percent during the corresponding month of the previous year, official
Inflation remains “fairly sticky” and above the comfort level of the Reserve Bank of India (RBI), Governor Raghuram Rajan said, dashing hopes of any immediate lowering of interest rates by the central bank.
New Delhi: Fiscal consolidation and moderate inflation are definite pluses for India, but graft, uncertain policies and their weak execution remain key constraints, according to Moody's Investors Service. In an e-mail interview with IANS, Marie
New Delhi: As prices of pulses continued to remain firm, India's annual wholesale inflation rose a tad to (-)0.85 percent for March from (-)0.91 percent in the month before, while remaining in the negative zone
Reserve Bank of India (RBI) Governor Raghuram Rajan has promised to cut the key interest rates further if country sees good monsoon and inflation continues to ease.
The Reserve Bank today projected retail inflation to be around 5 per cent for the current fiscal, saying that the 7th Pay Commission burden could put an upward pressure of up to 1.50 per cent over two years.
WPI inflation remained in the negative zone for a 16th straight month at (-)0.91 per cent in February as food articles, mainly vegetables and pulses turned cheaper.
Kathmandu: Nepal's inflation rate reached nearly seven-year high of 12.1 percent in January due to prolonged strikes in the Tarai region and disruption on trade routes in the southern parts of the country, the country's
New Delhi: Seasonal softening in food prices and a sharp drop in fuel costs helped India's annual wholesale rate of inflation decline marginally to (-)0.90 percent for January from (-)0.73 percent for the month before,
New Delhi: Two crucial data released by the government this week do not offer a very encouraging picture of the India economy. Data released for the annual wholesale inflation rate show an upward movement to
New Delhi: Reserve Bank of India Governor Raghuram Rajan on Wednesday said the central bank will carefully look into the latest data on industrial production, which registered the sharpest decline in 4 years at 3.2
New Delhi: When it comes to inflation, the year 2015 has shown that the macroeconomic datapoints may not always show the real picture and the cases in point relate to quite a few kitchen staples
New Delhi: Deflationary trend eased in November with WPI inflation moving up to (-)1.99 per cent as food articles, led by pulses and onion, turned costlier.This is the 13th month in a row when the
Mumbai: The Reserve Bank of India today kept its short-term lending and borrowing rates unchanged, in line with expectations, balancing its policy action between a comforting, 7.4 per cent economic growth for the second quarter
New Delhi: Confident that Indian economy is increasingly on a stable footing, IMF today said further progress is required on the long-standing supply bottlenecks and for achieving faster and more inclusive growth.We are optimistic about
New Delhi: Prime Minister Narendra Modi today inaugurated the Delhi Economics Conclave in the national capital.Speaking on the occasion, he said that 'transforming Indian economy is a marathon, not a sprint'.The Prime Minister also said
New Delhi: Notwithstanding the fact that overall inflation has fallen strikingly in last few months, its benefits have not been equally distributed with the rate of price rise running higher in rural areas than in
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