Little growth sacrifice inevitable to rein in prices: Subbarao
As India seeks to control high inflation, RBI Governor D. Subbarao has said a little sacrifice in growth is 'inevitable' amid efforts to bring down prices to acceptable levels.
Subbarao said cr
Gold traders buy as prices near 2-week low
Indian gold prices extended losses on Friday, hitting its lowest level in nearly two weeks, weighed by a firm rupee, triggering bargain hunting from physical traders as price levels were attractive. S
Indian workers earn much less than counterparts in rich nation
A vast majority of workers in India get just about 10 per cent of what their counterparts in the developed countries make by doing the same work under identical working conditions and technology, says
Comparison with 1990 situation not correct: Pranab
Finance Minister Pranab Mukherjee on Monday admitted the current economic condition in the country was 'difficult' but rejected any comparison with the situation of 1990 when India had faced an extern
Nationwide strike over fuel price hike
Opposition parties held a nationwide strike on Thursday, vowing to shut down the country in protest against steep petrol price rises announced last week.
Political parties and trade unions planned an
Bharat bandh cripples Andhra Pradesh
Road transport services in Andhra Pradesh came to a halt as the opposition-sponsored daylong shutdown to protest the steep hike in petrol prices evoked wide response across the state.
The shutdown wa
State-run refiners could cut petrol prices from June
State-fuel retailers could cut retail prices of petrol by about two rupees a litre from next month if global oil prices and the rupee stabilise at current levels, said S.Roy Choudhury, chairman of Hin
Congress downplays DMK's remarks on petrol price
Congress on Wednesday downplayed DMK's strong remarks on the issue of the 'atrocious' petrol price hike, saying there is nothing that cannot be resolved through talks.
"We have always accorded
DMK calls for state-wide protest against petrol price hike
Joining the chorus against the steepest ever hike in petrol price, key UPA partner DMK on Friday announced a state-wide agitation on May 30, demanding a substantial reduction in the increase.
The
Anna supports 'Bharat bandh' against petrol price hike
Even as corruption and inflation have made life difficult for common man, the government's decision to hike petrol prices has only added fuel to fire, anti-graft crusader Anna Hazare said.
"My a