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Posted: September 7th, 2011, 6:12am EDT
Finance Minister Pranab Mukherjee on Wednesday said high inflation in India is caused due to certain unfavourable policies.
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Posted: September 7th, 2011, 2:17am EDT
Domestic inflation is partly fuelled by the policy actions in developed countries, Finance Minister Pranab Mukherjee said on Wednesday.
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Posted: September 6th, 2011, 10:09am EDT
Global commodity prices continue to remain high and this has resulted in continuation of inflationary pressure.
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Posted: September 6th, 2011, 9:00am EDT
RBI is committed to bringing down CRR and statutory liquidity ratio (SLR) in a "calibrated manner" to increase availability of credit.
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Posted: September 6th, 2011, 6:28am EDT
UNCTAD report states global economic growth is estimated to slow down to 3.1 % in the current year from 3.9% in 2010.
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Posted: September 6th, 2011, 2:39am EDT
RBI governor Duvvuri Subbarao said on Tuesday that the key rates (repo and reverse repo) need to come down, but gradually.
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Posted: September 5th, 2011, 6:37pm EDT
India's services sector growth fell to its lowest in more than two years in August, mirroring the softness in manufacturing output and lock in step with the weakening trend across the world.
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Posted: September 5th, 2011, 9:04am EDT
Moody's has pegged India's growth at 7.5 - 8%, saying that higher interest rates as well could affect the country's economic expansion.
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Posted: September 5th, 2011, 6:02am EDT
High annual deficits and a significant interest burden hampers fiscal flexibility to respond to future shocks.
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Posted: September 5th, 2011, 2:19am EDT
The Finance Minister hoped that the double digit food inflation of 10 percent would come down soon after passing of seasonal factors of commodities.
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Posted: September 4th, 2011, 1:43am EDT
An NSSO report on 'Indebtedness of Farmers Household' has reported that of 89.35 million farmer households, about 43.42 million (48.6%) were indebted.
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Posted: September 4th, 2011, 1:22am EDT
Pascal Lamy will seek India's help in bridging the gaps on Doha trade negotiations, ahead of a key ministerial meeting in Geneva in December.
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Posted: September 3rd, 2011, 7:27am EDT
After a gap of over five months, food inflation entered the double-digit zone at 10.05 per cent in the week ended Aug 20.
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Posted: September 2nd, 2011, 9:53am EDT
Growth in domestic manufacturing sector skidded to a 29-month low in August, hit by a string of interest rate hikes and a plunge in export orders.
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Posted: September 2nd, 2011, 7:12am EDT
Planning Commission termed current inflationary situation as a "serious problem" but exuded confidence it will improve by end of the year.
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Posted: September 2nd, 2011, 5:12am EDT
Economic growth scenario is expected to improve from July-Sept or the December quarter, Finance Minister Pranab Mukherjee told.
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Posted: September 2nd, 2011, 4:21am EDT
Food inflation accelerated to 10.05 per cent, its highest in nearly six months, till Aug 20, government data showed.
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Posted: September 2nd, 2011, 4:02am EDT
Weakening global demand, rising prices and tighter monetary policy by RBI have combined to crimp India's economic growth.
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Posted: September 1st, 2011, 9:09pm EDT
It seems to be a national obsession in India: measuring the country’s economic development against China’s yardstick.
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Posted: September 1st, 2011, 6:31pm EDT
Food inflation climbed into double digits after a fivemonth gap, prompting finance minister Pranab Mukherjee to term the trend "disturbing".
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Posted: September 1st, 2011, 12:35pm EDT
With food inflation entering the double digit level at 10.05% after a gap of five months, the RBI said its main priority is to combat rising prices.
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Posted: September 1st, 2011, 10:55am EDT
Deloitte said high inflation situation is likely to persist in India and the Reserve Bank would continue with tight monetary policy stance.
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Posted: September 1st, 2011, 6:45am EDT
With food inflation clawing its way up to the double-digit mark after a gap of five months, FM has termed inflation as a matter of concern.
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Posted: September 1st, 2011, 2:43am EDT
It seems to be a national obsession in India: measuring the country’s economic development against China's yardstick.
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Posted: September 1st, 2011, 2:29am EDT
This is the first time food inflation entered the double-digit mark since the week ended March 12, when it was at the same figure of 10.05 per cent.
