Last Updated: Thursday, December 05, 2013, 18:38
Global ratings agency Moody's Thursday cautioned that there could be downward pressure on India's sovereign rating if growth weakens further and high inflation persists.
Last Updated: Wednesday, November 20, 2013, 19:51
"States like Punjab, Haryana and Andhra Pradesh are imposing heavy tax on rice and wheat procured by state agencies or Food Corporation of India (FCI) which are prohibitively expensive for common public," Assocham Secretary General D S Rawat said.
Last Updated: Saturday, November 02, 2013, 19:20
While the average inflation for seven commodities mostly used by the poor like rice, potato, fodder, bidi, bicycle, toilet soap and kerosene stands at 8.4 percent, the report said.
Last Updated: Wednesday, October 30, 2013, 20:10
The government will soon introduce inflation-based certificate to provide some cover to households from impact of inflation, a senior Finance Ministry official has said.
Last Updated: Monday, October 28, 2013, 19:38
The RBI said the trajectory of softening WPI inflation reversed in the second quarter mainly due to an increase in food and fuel inflation.
Last Updated: Thursday, October 10, 2013, 16:38
A survey by industry body Ficci has lowered the country's economic growth forecast for 2013-14 fiscal to 5 percent, from 6 percent projected in July, indicating tough times ahead.
Last Updated: Saturday, October 05, 2013, 19:20
RBI Deputy Governor K C Chakrabarty said it is unfair to blame RBI for low growth.
Last Updated: Wednesday, September 25, 2013, 15:34
Expressing concern over high food inflation, Food Minister K V Thomas on Wednesday said the government is examining the reasons for "undue" rise in prices of foodgrains despite high production.
Last Updated: Friday, September 20, 2013, 17:39
The RBI wants to get inflation down to the stated 5 percent-mark, Raghuram Rajan said without giving a deadline for the same.
Last Updated: Friday, September 20, 2013, 16:38
Planning Commission Deputy Chairman Montek Singh Ahluwalia on Friday said that the RBI's mid-term monetary policy statement reflects "balanced" approach to deal with "worrisome" inflation and slacking growth.
Last Updated: Thursday, September 05, 2013, 09:15
India's inflation and fiscal metrics remain weaker than peers, Moody's Investors Service said in a presentation on Wednesday.
Last Updated: Tuesday, September 03, 2013, 11:23
The rate of food inflation in particular has been high for quite a long period, with latest figures in July (WPI) showing a near 12% increase in prices since a year ago.
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