Retail inflation declined marginally to 9.86 per cent in July due to lower prices of spices, cereals and its products although prices of vegetables remained high during the month.

Based on the Consum

Union minister Beni Prasad Verma was on Monday at the centre of a controversy with remarks that he was 'happy' over rising prices of food items as it will benefit farmers, evoking a sharp attack fr

Sternly criticising Union Minister Beni Prasad Verma over his statement on inflation, BJP leader Arun Jaitley said those who have made such a statement are not aware that farmers are committing suicid

With drought parching farms in the United States and near the Black Sea, weak monsoon rains in India and insidious hunger in Africa's Sahel region, the world could be headed towards another food crisi

A combination of power blackouts, uncertain tax rules and contracts that are not honoured make India a difficult place to do business, a senior Dell Inc executive said on Friday in unusually blunt com

Reserve Bank Deputy Governor Subir Gokarn on Saturday said the economic growth of the country has been characterised by the variability of the industrial sector's performance.

"Experience of high

India's wholesale inflation unexpectedly fell in July to a near three-year low but economists doubt the drop will be enough to persuade the RBI to cut interest rates at its September meeting to try to

Deficient monsoon will pose some difficulty in controlling inflation, Prime Minister Manmohan Singh said on Wednesday.

"We must control inflation. This would pose some difficulty because of a bad mon

India's wholesale price index (WPI) rose a lower-than-expected 6.87 percent in July from a year earlier, mainly driven by higher food prices, government data showed on Tuesday.

The Reserve Bank of India Governor Duvvuri Subbarao said on Monday domestic factors were responsible for the slowdown in the country's growth momentum, and added declining investments were a cause for