New Delhi: Seasonal softening in food prices and a sharp drop in fuel costs helped India's annual wholesale rate of inflation decline marginally to (-)0.90 percent for January from (-)0.73 percent for the month before,
New Delhi: Two crucial data released by the government this week do not offer a very encouraging picture of the India economy. Data released for the annual wholesale inflation rate show an upward movement to
New Delhi: Reserve Bank of India Governor Raghuram Rajan on Wednesday said the central bank will carefully look into the latest data on industrial production, which registered the sharpest decline in 4 years at 3.2
New Delhi: When it comes to inflation, the year 2015 has shown that the macroeconomic datapoints may not always show the real picture and the cases in point relate to quite a few kitchen staples
New Delhi: Deflationary trend eased in November with WPI inflation moving up to (-)1.99 per cent as food articles, led by pulses and onion, turned costlier.This is the 13th month in a row when the
Mumbai: The Reserve Bank of India today kept its short-term lending and borrowing rates unchanged, in line with expectations, balancing its policy action between a comforting, 7.4 per cent economic growth for the second quarter
New Delhi: Confident that Indian economy is increasingly on a stable footing, IMF today said further progress is required on the long-standing supply bottlenecks and for achieving faster and more inclusive growth.We are optimistic about
New Delhi: Prime Minister Narendra Modi today inaugurated the Delhi Economics Conclave in the national capital.Speaking on the occasion, he said that 'transforming Indian economy is a marathon, not a sprint'.The Prime Minister also said
New Delhi: Notwithstanding the fact that overall inflation has fallen strikingly in last few months, its benefits have not been equally distributed with the rate of price rise running higher in rural areas than in
New Delhi: India is in a Goldilocks period of low inflation coupled with gradual recovery and the country is expected clock a GDP growth rate of 7.6 per cent this fiscal year, says a report.According
New Delhi:The Reserve Bank will take into account the domestic and global deflationary trend and take appropriate action on interest rate, Minister of State for Finance Jayant Sinha said today."We have to be very mindful
New Delhi: With prices of pulses skyrocketing, the government has decided to import an additional 5,000 tonnes of tur dal through state-owned MMTC in the coming days.Already, MMTC has tendered import of 5,000 tonnes each
New Delhi: Pushing for an interest rate cut, Finance Minister Arun Jaitley said on Monday that inflation is under control and that oil and commodity prices are also low, while expressing hope that the Reserve
New Delhi: While the monsoons so far have been able to diminish the fear of another year of drought, it still remains a concern for the country's growth prospect as well as its inflation outlook,
Kolkata: The Indian economy can double in three years and has the potential of becoming a $20-trillion economy, Railways Minister Suresh Prabhu said on Friday.Prabhu also stressed the need for clarity in thought and a
New Delhi: With onion prices across the country on the upswing, the common man is feeling the pinch. Onion prices crossed the Rs 70 per kg mark at many places on Thursday with most people
Mumbai: Amid persistent rate cut calls from the government and the industry, RBI Governor Raghuram Rajan today said the central bank is keeping a watch on monsoon and global factors to assess their impact on
New Delhi: Despite inflation falling to record lows, Prime Minister Narendra Modi today promised to continue the war on prices to bring rates further down as a measure to boost economy and provide relief to
New Delhi: Terming the declining inflation as a "positive sign", finance minister Arun Jaitley on Friday said the price situation is under control and all the macroeconomic indicators are extremely encouraging.When asked whether it was
Mumbai: The BSE Sensex today vaulted nearly 518 points -- its biggest single-day rise in nearly seven months -- to reclaim the 28,000-mark after wholesale inflation plunged to historic low renewing hopes of a policy
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