India's annual inflation rose to 9.44 per cent in June from 9.06 per cent in the previous month, prompting Finance Minister Pranab Mukherjee to say that it 'continues to be a matter of concern' and th

As many as 320 million people in India and China are expected to come out of extreme poverty in the next four years, while India's poverty rate is projected to drop to 22 per cent, says a UN report.

Food inflation in the country fell to a seven-week low of 7.61 per cent for the week ended June 25 on the back of cheaper vegetables, pulses and potatoes.

Food inflation, as measured by the Whole

In what could come as a respite to consumers and policymakers, India's food inflation slipped to 7.78 per cent for the week ending June 18, compared to 9.13 per cent recorded in the previous week, off

Ruling out any rollback of the recent hike in prices of petroleum goods, Finance Minister Pranab Mukherjee today said the decision to cut duties would not impact the fiscal deficit of the Indian g

Prime Minister Manmohan Singh Wednesday told editors that international economic and political conditions that were 'out of his control' had led to high inflation in the country. He added that inflat

Madhya Pradesh Bharatiya Janata Party (BJP) chief Prabhat Jha on Monday wrote a four page letter to President Pratibha Patil, seeking 'mercy killing' over the rapid rise of inflation and corruption in

Indians will have to pay more for fuel from Saturday after the government announced a hike in the price of some petroleum products, increasing inflationary pressures in the fast-growing economy.

Petr

To provide relief to the common people reeling under hiked fuel price, West Bengal Chief Minister Mamata Banerjee today announced her government's decision to withdraw cess on LPG and thus save Rs 1

Following hike in diesel rates, transporters today said they will raise freight rates by 8-9 per cent with immediate effect on all routes across India.

"Freight rates will be raised by 8-9 per cent