Mumbai: India's central bank is expected on Tuesday to hike interest rates for the seventh time in less than 12 months to clamp down on soaring inflation.

Annual inflation zoomed in December to 8.43

Mumbai: With a view to rein in high inflation, the Reserve Bank of India today raised its key short-term lending and borrowing rates by 0.25 per cent each with immediate effect.

The short-term lend

Mumbai: Home, auto and corporate loan rates may not go up immediately, even though the Reserve Bank today raised key short-term policy rates by 25 basis points to check high inflation, bankers said.

Mumbai: India' central bank, which will conduct a periodical monetary policy review on Tuesday, is largely expected to hike key interest rates to curb rising inflation, but corporate India is worried

Jan. 24: The Union finance ministry has said that the average inflation would be nine per cent for this financial year as compared to 3.8 per cent in the previous year. The wholesale inflation was 8.4

Jan. 24: A day before coming out with the credit policy, the Reserve Bank of India again underlined its single biggest fear — rising prices or inflation. The central bank has expressed a fear that ris

New Delhi: Even as the government is battling inflation on several fronts, state oil companies announced an increase of about four and two percent, respectively, in the prices of petrol and aviation f

New Delhi: The Communist Party of India-Marxist (CPI-M) on Saturday termed the decision to increase the price of petrol as a 'cruel blow' and said the United Progressive Alliance (UPA) government was

Inflation shot up to 8.43 per cent in December, from 7.48 per cent in the previous month, as prices of certain food and non-food items continued to show an upward trend.

Snapping the five week rising trend, food inflation softened to 16.91 per cent for the week ended in January 1, 2011, although vegetables, onions and protein-based items continued to remained costly.