After declining for four consecutive months, inflation rose marginally to 6.84 per cent in February as food items such as rice, wheat, onions and fruits became costlier.

India's inflation rate of 7.5 per cent is still high, the central bank governor Duvvuri Subbarao said on Friday, adding the RBI was on alert to manage both growth and inflation.

India's headline infl

Inflation declined marginally to7.45 per cent in October even though prices of food items like rice, wheat pulses and potato showed a rise.

Costlier diesel fuelled inflation to a 10-month high of 7.81 per cent in September, when the price of diesel was hiked by more than Rs 5. Inflation, as measured by Wholesale Price Index, was 7.55 per

India's inflation soared to 7.81 per cent in September, the highest this financial year, from 7.55 per cent in August as prices of pulses, wheat, cereals, potato and diesel rose, government data show

The economy will turn the cornerin the next six months as the deceleration of the past several quarters has been arrested, Planning Commission Deputy Chairman Montek Singh Ahluwalia said on Monday.

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Expressing concern over uncertainty in global economy, Indian Finance Minister P Chidambaram said
high commodity prices, particularly energy prices, pose a major risk to the country's growth and infla

India will unveil a 'credible and feasible' fiscal consolidation path for the next five years, Finance Minister P. Chidambaram said on Monday, days after a government panel said the economy was on the

Rupee depreciation as well as escalating airfares and hotel room rents are not deterring the Indian travellers from holidaying.

Domestic travel trips have gone up by nearly 84 per cent over the firs

The hike in diesel price may push up inflation in the short run but the government's move is expected to help contain fiscal deficit, leading to gains in the long run, Prime Minister's Economic Adv