Petrol price hike hurting common man: Guj govt

Lashing out at the Congress-
led UPA government for the hike in petrol price, the Gujarat
government on Sunday said the move has affected the common people
who were already reeling under inflation.

Raising key rates to help contain inflation: Montek

Planning Commission Tuesday endorsed RBI`s hawkish policy of hiking key rates by half a percentage point saying this would contain inflation.

Inflation may ease to 6% this fiscal: PMEAC

Average inflation this fiscal may ease to 6% from about 9% at present.

Inflation hits household savings: Assocham

Household saving rate of an average employee in metros has come down by 45 percent in last six years due to an exorbitant increase in prices of essential commodities, fuel and education, an Assocham survey on said.

Inflationary pressures amid high growth in India `normal`: IMF

The International Monetary Fund has said that it is "absolutely normal" for countries like India and China to grow at over eight and nine per cent and experience inflationary pressure.

Food inflation likely to be around 8.5%: SMC Global

Food inflation is expected to hover around 8.5 percent in the remaining months of 2011, if the monsoon remains normal as predicted by the meteorological department, according to a report.

Managing inflationary pressure biggest challenge: Rangarajan

Managing inflationary pressure-- particularly in foodgrain prices -- is the biggest challenge before policymakers, according to C Rangarajan, the chairman of the Prime Minister`s Economic Advisory Council.

Economic growth on track, high oil prices a risk: Finance ministry official

India`s economy will grow around 9 percent in the fiscal year that started in April if global crude prices remain under control.

Credit policy can`t do much about inflation: Economist

Stressing that monetary policy has "serious limits" in tackling rising inflation, RBI Chair Professor at ICRIER B L Pandit on Friday made a case for expediting agricultural reforms to fight price rise.

Use of black money reason for inflation, price rise: Swamy

Janata Party president Subramanian
Swamy claimed that black money was responsible for
inflation and price rise in the country as black marketeers
were using the ill-got wealth to hoard essential commodities.

RBI panel for one policy rate to tame inflation, promote growth

A Reserve Bank working group today suggested that the short-term lending rate (repo) be made the single policy rate to signal the monetary policy stance, to effectively deal with inflation without hurting growth.

Inflation rises marginally to 8.31 % in February

Inflation rose marginally to 8.31 percent for the month ended February from 8.23 percent in the previous month, putting pressure on the Reserve Bank to raise interest rates when it reviews the monetary policy later this week.

IMF urges Pakistan to tackle inflation

The International Monetary
Fund urged Pakistan to take further steps to curb inflation
and buffer the economic shocks of higher oil prices.

Oppn slams govt over corruption, inflation

For the second successive day, Opposition attacked the government in Parliament over
corruption and inflation and targeted PM for recently comparing sops to telecom sector with subsidy for the poor.

Iran`s $ 524bn budget to boost industries, curb inflation

Iranian President Mahmoud
Ahmadinejad submitted to Majlis (Parliament) a
5,390-trillion-rial (about USD 524 billion) budget bill for the next Iranian calendar year that is to start on March 21.

UPA govt drifting, has no control over inflation, corruption: CPI

Criticising Prime Minister Manmohan
Singh`s remarks on having to tolerate a great deal in
coalition politics, CPI Friday said the UPA government was
"drifting" and had no control over inflation and corruption.

Poll expenses should be indexed to inflation: Hooda

Haryana CM Bhupinder Singh Hooda suggested that poll expenses
should be indexed to inflation and the model code of conduct should be reviewed so that development works are not hampered.

FM asks states to end levies; states blame centre for inflation

FM Pranab Mukherjee asked the state governments to abolish octroi and mandi tax to check rising prices, even as the opposition-ruled states held the Centre squarely responsible for high inflation.

PM sees price stability by Mar, but says he isn`t an astrologer

Under attack for surging inflation PM Manmohan Singh exuded confidence that prices would stabilise by March.

Tunisia deploys troops in capital as new clashes erupt

Tunisia deployed troops in the capital and imposed a dusk-to-dawn curfew on Thursday as weeks of violent protests reached the city and new clashes erupted
further south with three people reported killed.