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Rahul Gandhi targets PM Modi over the issue of Inflation in Lok Sabha

Rahul Gandhi targets PM Modi over the issue of Inflation in Lok Sabha. Watch complete news story of Fast 50 for getting detailed updates!

Chidambaram rejects FM Jaitley's remarks over inflation

Chidambaram rejects FM Jaitley's remarks over inflation

Former finance minister P Chidambaram on Friday rejected Finance Minister Arun Jaitley's contention in Lok Sabha that UPA government left behind double digit inflation.

Price rise: FM Jaitley counters Rahul Gandhi, says bluster no match to statistics

Price rise: FM Jaitley counters Rahul Gandhi, says bluster no match to statistics

Countering Rahul Gandhi's broadside on Prime Minister on inflation, Finance Minister Arun Jaitley on Thursday said any form of "bluster" is not a substitute for statistics as he reeled out numbers to assert that the government has brought down prices substantially.

 

FM Jaitley hits back at Rahul Gandhi, says price rise was at its peak during UPA regime

FM Jaitley hits back at Rahul Gandhi, says price rise was at its peak during UPA regime

Finance Minister Arun Jaitley on Thursday countered Congress vice-president Rahul Gandhi`s assertion that the NDA government only make false promises and asked the latter to introspect the ten-year-rule of the former UPA regime when price rise was at its peak.

Rahul Gandhi attacks PM Modi over price rise, says people are now chanting 'Arhar Modi' not 'Har Har Modi'

Rahul Gandhi attacks PM Modi over price rise, says people are now chanting 'Arhar Modi' not 'Har Har Modi'

Congress vice president Rahul Gandhi took on the Narendra Modi government on Thursday in the Lok Sabha on the issue of rising prices of essential commodities.

Subbarao questions inflation-targeting, doubts its efficacy

Subbarao questions inflation-targeting, doubts its efficacy

Former Reserve Bank governor Duvvuri Subbarao has doubted achieving the 4 percent inflation target set under the new MPC set-up given the narrow margin the new price index has now and the way prices have been moving up in recent months.

 

Govt must protect central bank's independence: Raghuram Rajan

Govt must protect central bank's independence: Raghuram Rajan

Taking on his detractors, Governor Raghuram Rajan on Tuesday said the criticism that RBI killed growth with high rates was at odds with "received wisdom" of India being fastest-growing and urged the government to look beyond 'motivated criticism' to protect the central bank's autonomy.

Rains support RBI rate cut, may douse agflation : BoA-ML

Rains support RBI rate cut, may douse agflation : BoA-ML

he Reserve Bank is expected to cut key interest rate by 25 basis points at its policy review meet next month if prices of pulses fall and help push down agflation, a BoA-ML report said on Monday, even as it sees overall retail inflation in July to touch 6 per cent.

RBI to cut rates by 0.25% on Aug 9 if rains damp pulse price

RBI to cut rates by 0.25% on Aug 9 if rains damp pulse price

The Reserve Bank is expected to cut key interest rates by 25 basis points in its policy review meet on August 9, if good rains damp pulse price inflation, says a Bank of America Merrill Lynch (BofA-ML) report.

Expect 0.5% cut in policy rate by March: Morgan Stanley

Expect 0.5% cut in policy rate by March: Morgan Stanley

Inflation in India is expected to fall to 4.5 percent by next March, giving the Reserve Bank space to cut key policy rates by 50 basis points in the current fiscal, says a Morgan Stanley report.

Rural inflation is higher than urban: Crisil

Rural inflation is higher than urban: Crisil

Rating agency Crisil on Monday said while urban inflation fell from 9 percent to 5.3 per cent, rural inflation declined from 10.1 per cent to 6.2 per cent in the last one year.

 

Show me how inflation is low: Raghuram Rajan on 'dialogues' by critics

Show me how inflation is low: Raghuram Rajan on 'dialogues' by critics

Taking his critics head-on, Rajan has challenged them to show how inflation is "very low" before accusing him of "being behind the curve" in his focus on containing price rise than on growth and debunked such criticism as mere 'dialogues'.

CPI inflation rises to 22-month high of 5.8% in June

CPI inflation rises to 22-month high of 5.8% in June

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Retail inflation hits 22-month high of 5.77% in June, IIP growth subdued

Retail inflation hits 22-month high of 5.77% in June, IIP growth subdued

Showing feeble signs of recovery, industrial production grew by 1.2 percent in May, but retail inflation touched a 22-month high of 5.77 percent in June, squeezing headroom for a rate cut by Reserve Bank.

RBI may cut rate in Aug despite high June inflation: BofA-ML

RBI may cut rate in Aug despite high June inflation: BofA-ML

June CPI inflation may climb to 6.2 percent, but despite this Reserve Bank is expected to cut key policy rate by 25 basis points on August 9, with monsoon set to douse agflation, says a report.

Normal monsoon key to India's continuing recovery: Standard Chartered

A normal monsoon is critical to India's continuing recovery, as a rise in agricultural growth could add 30-45 bps to GDP growth, says a Standard Chartered report.

'UK to face inflation, recession risks due to Brexit'

'UK to face inflation, recession risks due to Brexit'

Britain will face two key challenges, inflation and recession, after Britons voted to leave the European Union, or Brexit, European Central Bank Governing Council member Francois Villeroy de Galhau said on Sunday.

Eurozone inflation back to positive, Brexit worries weigh

Eurozone inflation back to positive, Brexit worries weigh

Eurozone inflation left negative territory in June, statistics showed Thursday, but economic uncertainty from Brexit sparked concerns that damaging deflation could return to Europe.

''Disappointment'' over Pay Commission due to Centre's inability to rein in inflation: JD (U)

''Disappointment'' over Pay Commission due to Centre's inability to rein in inflation: JD (U)

The Janata Dal (United) says that the people are unhappy with the increase in salaries and pension recommended by the commission because the government has failed to rein in inflation.