Inflation
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Wholesale inflation hits 23-month high of 3.55 pc in July
Aug 16, 2016, 02:51 PM ISTWholesale inflation shot up to 3.55 per cent for July from 1.62 per cent in the previous month, due to an 11.82 per cent jump in prices of food articles.
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Govt has not allowed inflation to cross 6 pc: PM Modi
Aug 15, 2016, 01:47 PM ISTPrime Minister Narendra Modi on Monday said that the government had brought down the annual inflation rate to below 6 per cent and was now working with the Reserve Bank of India (RBI) to bring it to 4 per cent, the plus-minus 2 percentage points rang
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Country will not yield to terrorism and extremism, says PM Modi
India | Aug 15, 2016, 09:49 AM ISTThe nation is celebrating its 70th Independence Day today with patriotic fervor and gaiety. Prime Minister Narendra Modi will address the nation after unfurling the tricolour from the ramparts of Red Fort at 7.30 this morning.
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Monetary policy reform: Govt sets 4 pc inflation target for next 5 years
Aug 05, 2016, 05:52 PM ISTMoving towards a new regime, the central government today notified 4 per cent inflation target for the next five years, based on which the new interest rate setting panel would take its monetary policy decisions
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Show me how inflation is low, Raghuram Rajan challenges critics
Jul 17, 2016, 02:27 PM ISTMumbai: The outgoing Reserve Bank of India Governor Raghuram Rajan today took his critics head-on and and challenged them to show how inflation is "very low" before accusing him of "being behind the curve"
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Amid rising food prices, India's June WPI hardens to 1.62%
Jul 14, 2016, 01:50 PM ISTNew Delhi: India's wholesale price index saw a sharp rise in June to 1.62% from last month's 0.79% amid pricier vegetables and a small uptick in manufactured goods. This kept the inflation level in the
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Retail inflation edges up to 22-month high of 5.77 pc, industrial output rebounds marginally
Jul 12, 2016, 07:56 PM ISTCountry’s factory output rose marginally by 1.2 per cent in May, against a 1.3 per cent fall in the month before, even as annual retail inflation inched up marginally in June to 5.77 per cent.
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RBI can never abandon inflation for growth, says Raghuram Rajan; defends record
Jun 20, 2016, 08:16 PM ISTNew Delhi: Soon to step down from the post of Governor of the Reserve Bank of India, Raghuram Rajan today stated that the central bank can never abandon inflation to focus on growth. The outgoing
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Inflation woes: FM Arun Jaitley to meet top NDA ministers today
National | Jun 15, 2016, 12:23 PM ISTNew Delhi: Finance Minister Arun Jaitley will hold a meeting of top ministers of the Union Cabinet this afternoon on the issue of rising prices of food as a result of 19-month record high wholesale
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Rising food prices push wholesale price inflation to 19-month high at 0.79 pc
Jun 14, 2016, 04:21 PM ISTThe wholesale price-based inflation or WPI jumped to 0.79 per cent in May with vegetable prices witnessing a double-digit growth.
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Centre imports 13,000 tonnes of pulses to check rising prices
Jun 07, 2016, 04:39 PM ISTThe Central government has imported about 13,000 tonnes of pulses to check rising food inflation, and is expecting another 6,000 tonnes of pulses in the next few weeks, the Ministry of Consumer Affairs, Food and Public Distribution said on Tuesday.
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India's April wholesale price inflation up at 0.34 percent
May 16, 2016, 01:49 PM ISTNew Delhi:India's annual wholesale price inflation (WPI) moved up into the positive zone at 0.34 percent for April, from (-)0.85 percent in March and (-)2.43 percent during the corresponding month of the previous year, official
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Inflation remains high; no need to borrow in dollars: RBI Guv
May 14, 2016, 08:54 AM ISTInflation remains “fairly sticky” and above the comfort level of the Reserve Bank of India (RBI), Governor Raghuram Rajan said, dashing hopes of any immediate lowering of interest rates by the central bank.
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Corruption, uncertain policies remain key concerns on India: Moody's
Apr 29, 2016, 07:32 PM ISTNew Delhi: Fiscal consolidation and moderate inflation are definite pluses for India, but graft, uncertain policies and their weak execution remain key constraints, according to Moody's Investors Service. In an e-mail interview with IANS, Marie
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Inflation at minus 0.85% in March, remains in negative zone for 17th month
Apr 18, 2016, 01:56 PM ISTNew Delhi: As prices of pulses continued to remain firm, India's annual wholesale inflation rose a tad to (-)0.85 percent for March from (-)0.91 percent in the month before, while remaining in the negative zone
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More rate cuts if monsoon is good, promises Raghuram Rajan
Apr 16, 2016, 08:40 AM ISTReserve Bank of India (RBI) Governor Raghuram Rajan has promised to cut the key interest rates further if country sees good monsoon and inflation continues to ease.
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RBI sees retail inflation at 5%; govt pay hikes to put pressure
Apr 05, 2016, 02:30 PM ISTThe Reserve Bank today projected retail inflation to be around 5 per cent for the current fiscal, saying that the 7th Pay Commission burden could put an upward pressure of up to 1.50 per cent over two years.
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Inflation in negative zone for 16th consecutive month
Mar 14, 2016, 01:47 PM ISTWPI inflation remained in the negative zone for a 16th straight month at (-)0.91 per cent in February as food articles, mainly vegetables and pulses turned cheaper.
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Nepal's inflation hits seven-year high in January
World | Feb 22, 2016, 07:26 AM ISTKathmandu: Nepal's inflation rate reached nearly seven-year high of 12.1 percent in January due to prolonged strikes in the Tarai region and disruption on trade routes in the southern parts of the country, the country's
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India's wholesale inflation marginally down in January
Feb 15, 2016, 11:50 PM ISTNew 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,