Not prudent to deregulate diesel prices now: Finmin
New Delhi, Oct. 11: Giving reprieve to transporters and other users of the fuel, the government has said it was not the right time to deregulate diesel prices, as inflation continued to be high.
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Food inflation drops slightly to 16.24%
India's annual food inflation dropped a tad to 16.24 percent for the week ended Sep 25 compared to 16.44 percent the previous week, as supply of essential items, disrupted by heavy rains and floods in
RBI raises key rates to tame inflation
The Reserve Bank on Thursday raised its key short-term lending rate by 25 basis points and borrowing rate by 50 basis points to check rising prices.
Food inflation crosses 15% on costlier cereals and milk
Food inflation reached 15.10 per cent for the week ended September 4 as cereals, select vegetables and milk became costlier after rains disrupted the supplies.
Sensex ignores rate hike, inflation spike keeps rising
A benchmark index for Indian equities was back in the green to rule more than 107 points higher in afternoon trade on Thursday, shrugging off a hike in key interest rates by the Reserve Bank of India
Data reshuffle does the magic
New Delhi, Sept. 14: Inflation — the rate at which prices increase — has fallen, but not quite in the manner the government would have liked it to. For the month of August, India’s inflation rate was
RBI may raise key rates to tame inflation: Experts
The RBI is likely to raise policy rates by up to 25 basis points in its mid quarterly policy review on Thursday to tame inflation, which is still ruling near the double-digit mark, said experts.
New WPI series comes into effect; August inflation at 8.51%
Inflation for the month of August stood at 8.51 per cent, according to the new Wholesale Price Inflation (WPI) series released by the government on Tuesday.As per the old series with a base year of 19
Pranab concerned over rising prices of food items
Finance minister Pranab Mukherjee on Tuesday expressed concern over inflationary pressure on food prices, but said the Reserve Bank and his ministry will take appropriate action as and when needed.
Food inflation up at 10.86% in third week of Aug.
Annual food inflation rose marginally to 10.86 per cent for the week ended August 21, after the previous two-week decline, despite a fall in vegetables prices.