New Delhi, Dec 16 After retail inflation, the prices of essential commodities especially food items such as vegetables showed a massive rise in November on wholesale basis. Accordingly, India’s annual rate of inflation based on wholesale prices jumped to 0.58
New Delhi, March 12 Lower food prices eased India’s February 2019 retail inflation to 2.57 per cent, while a sharp decline in manufacturing output slowed industrial production in January to 1.7 per cent, official data showed on Tuesday. Lower food
New Delhi, Dec 12 Lower food prices eased India’s November retail inflation rate to 2.33 per cent from 3.38 per cent in the previous month, while higher manufacturing boosted industrial output growth in October to 8.1 per cent, an official
New Delhi, Nov 14 India’s annual rate of inflation based on wholesale prices rose to 5.28 per cent in October from 5.13 per cent in September, official data showed here on Wednesday. Even, on a year-on-year (YoY) basis, the Wholesale
New Delhi, Sep 14 A massive fall in food prices and cost of primary articles eased India’s annual inflation rate based on wholesale prices to 4.53 per cent in August from a 5.09 per cent rise in July. However, on
New Delhi, Aug 14 Lower prices of food items and primary goods decelerated the rise in India’s annual rate of inflation based on wholesale prices to 5.09 per cent in July from 5.77 per cent in June, official data showed
New Delhi, June 14 A major spurt in food and fuel prices in the country pushed the wholesale price index (WPI) for May to 4.43 percent, to nearly double over the 2.26 percent registered in May last year and higher
Mumbai, June 6 Housing loan and auto loan will become dearer with the Reserve Bank of India (RBI) on Wednesday raising its key interest rate for the first time since January 2015. The country’s central bank — RBI — has
New Delhi, April 26 India’s overall global trade has increased by 16.32 per cent in 2017-18. According to the Department of Commerce, the overall trade last fiscal increased to $767.9 billion from $660.2 billion in 2016-17. “India’s global trade has
New Delhi, April 16 Deflating food prices softened India’s wholesale price-indexed (WPI) inflation to 2.47 per cent in March from 2.48 per cent reported for the previous month, official data showed on Monday. According to the Commerce Ministry data, the
New Delhi, Dec 14 An exponential rise in food and fuel prices pushed India’s annual rate of inflation based on wholesale prices to 3.93 per cent for November, official data showed on Thursday. According to data from the Ministry of
New Delhi,, Dec 12 (IANS) A sharp spurt in food and fuel prices pushed India’s annual retail inflation in November over the RBI’s median level of 4 per cent, even as factory output growth in October contracted to 2.2 per cent
RBI: Worst Days Over, Yet INFLATION, PRIVATE BANKS WORRISOME By Shivaji Sarkar The slowdown has bottomed out, asserts RBI. Indeed, a positive indicator in the last over a year whereby India’s economy has gone through a difficult ride. Now there
Mumbai, Oct 4 Rising inflationary pressure and concerns over “fiscal slippage” prompted India’s central bank, the RBI, on Wednesday to maintain its key lending rates. According to the Reserve Bank of India’s fourth bi-monthly monetary policy review of 2017-18, the
New Delhi, Aug 14 An exponential rise in food prices pushed India’s annual rate of inflation based on wholesale prices to 1.88 per cent in July, official data showed here on Monday. According to data from the Ministry of Commerce
New Delhi, Aug 11 India faces the risk of deflationary impulses owing to stressed agricultural revenues, bad loans, farm loan waivers and the fiscal tightening they would entail, that could push inflation below the Reserve Bank of India’s (RBI) targeted 4
New Delhi, July 1 (IANS) Denying that the newly launched Goods and Services Tax (GST) will lead to inflation, Finance Minister Arun Jaitley on Saturday said the prices of maximum items will either go down or remain unchanged. Jaitley also said
Mumbai, Oct 5 Implementing the Goods and Services Tax (GST) could produce a short-lived pass-through impact on the inflation trajectory, the Reserve Bank of India (RBI) said on Tuesday.Announcing its first bi-monthly monetary policy review decided by a committee, RBI,
Mumbai, June 7 Along expected lines, the Reserve Bank of India (RBI) on Tuesday left its key policy rates and reserve ratios unchanged, concerned over the slight rise in inflation and some domestic and global upside risks that have sprung
Inflation & Govt Regulators HOLISTIC APPROACH CRITICAL By Shivaji Sarkar The Government needs to pursue policies that ease inflation and reduce prices to lubricate the economy. This is so because the trap laid by previous regimes is seemingly tightening. It
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