Inflation
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No need for 'knee-jerk' reactions on rupee fall: Piyush Goyal
India | Jun 29, 2018, 05:43 PM ISTAgainst the backdrop of the rupee breaching the 69-mark versus the US dollar and touching lifetime lows on Thursday, Finance Minister Piyush Goyal emphasised that there is no need for any knee-jerk reaction to deal with the situation.
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Rupee sinks to all-time low vs US dollar, breaches 69-mark
Business | Jun 28, 2018, 10:36 AM ISTConsistent dollar demand from banks and importers, mainly oil refiners, following higher crude oil prices kept the rupee under pressure.
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AIIB 2018 meet in Mumbai: No spike in inflation due to rising crude prices, says PM Modi
Business | Jun 26, 2018, 12:57 PM ISTArguing that BJP-led government was committed to fiscal consolidation, PM Modi said that the rising crude prices have not resulted in a spike in inflation and the macroeconomic fundamentals of the country remain strong.
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Bring fuel under GST, why to blame others when you have govts in Centre, states? Chidambaram tells BJP
Business | Jun 11, 2018, 02:16 PM ISTThe ex-FinMin claimed that effects of demonetisation were still evident on India's economy and holding up return on GST filling has further stressed the business owners.
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Fuel price hike burns public's pocket, govt likely to take steps over petrol, diesel price hike
News | May 23, 2018, 09:19 AM ISTFuel price hike burns public's pocket, govt likely to take steps over petrol, diesel price hike
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India's wholesale inflation rises to 3.18 % in April on increased food, fuel prices
Business | May 14, 2018, 01:00 PM ISTWholesale price-indexed (WPI) inflation in India during April rose to four-month high at 3.18 per cent on increasing prices of petrol and diesel as well as fruits and vegetables.
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India fastest growing economy at 7.4 per cent in 2018: IMF
Business | May 09, 2018, 11:00 AM ISTHowever, it added a note of caution: "In India, given increased inflation pressure, monetary policy should maintain a tightening bias."
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RBI may keep repo rate unchanged in April policy review: Report
Business | Mar 29, 2018, 08:27 PM ISTAccording to global financial services major UBS, the tone of the policy statement by the RBI’s monetary policy committee (MPC) is expected to “remain cautious while maintaining a neutral policy stance”.
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Govt to borrow Rs 2.88 lakh crore in April-Sept; to issue inflation indexed bond
Business | Mar 26, 2018, 06:30 PM ISTEconomic Affairs Secretary Subhash Chandra Garg said the government will come out with inflation-indexed bonds linked to CPI or retail inflation. Also, government securities of 1-4 years duration will be introduced.
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Retail inflation dips to 4.44% in February from 5.07% in January; industrial production expands to 7.5%
Business | Mar 12, 2018, 07:45 PM ISTThe ease in the inflation number was mostly driven by lower food prices. However, the figure remains higher than the 4 per cent target of the Reserve Bank of India.
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India's wholesale price inflation eases to 6-month low of 2.84% in Jan
Business | Feb 15, 2018, 02:10 PM ISTCalculated on the basis of Wholesale Price Index (WPI), the inflation was 3.58 per cent in December 2017 and 4.26 per cent in January 2017.
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Congress to hold anti-inflation agitation at 21 Mumbai railway stations tomorrow
National | Feb 14, 2018, 08:21 PM ISTThe agitations will be led by Mumbai Regional Congress Committee (MRCC) President Sanjay Nirupam, with party's municipal corporators, former and sitting legislators, parliamentarians and former ministers.
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RBI's MPC begins 2-day meet; decision on key rate tomorrow
Business | Feb 06, 2018, 04:54 PM ISTThe outcome of the 6-member MPC meeting is being keenly awaited by stakeholders amidst a huge sell-off in the stock markets globally.
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Federal Reserve leaves key rate unchanged, sees inflation to pick up
Business | Feb 01, 2018, 10:33 AM ISTEconomists are roughly divided on whether they think Fed's policymakers will raise rates three times this year, as in 2017, or four times. The pivotal factor will likely be how inflation performs.
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Economic Survey 2017-18: Average inflation dips to 6-yr low of 3.3% in current fiscal
Budget | Jan 31, 2018, 07:20 PM ISTThe survey for 2017-18 was tabled by Finance Minister Arun Jaitley in Parliament today. He is scheduled to present the last full budget of the current Narendra Modi-led NDA government on February 1.
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December CPI inflation over 5.2%, dashing hopes of RBI rate cut
Business | Jan 12, 2018, 11:28 PM ISTAccording to the data furnished by the Ministry of Statistics and Programme Implementation, December's consumer price index (CPI) inflation rose to 5.21 per cent from 4.88 per cent in November.
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India's WPI inflation hits eight-month high of 3.93% in November on rising food, fuel prices
Business | Dec 14, 2017, 01:23 PM ISTThe data shows a 34 percentage point increase as compared to 3.59% WPI inflation for October and 1.82% during the corresponding month of the previous year.
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Retail inflation jumps to 15-month high of 4.88% in November
Business | Dec 12, 2017, 06:22 PM ISTThe inflation rate stood at 3.63 per cent during the corresponding period last year. In October, the inflation rate was registered at 3.58 per cent.
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RBI expects inflation at marginally higher range of 4.3-4.7% in second half of FY’18
Business | Dec 06, 2017, 04:33 PM ISTIn the previous monetary policy review held in October, RBI had projected inflation to be in range of 4.2-4.6 per cent for October-March (second half) period of this fiscal.
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Onion prices shoots up to Rs 80/kg in Delhi
News | Nov 30, 2017, 11:11 PM IST