Inflation
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Tampering with RBI's autonomy will affect India's economic prospects: Moody's
Jul 30, 2015, 12:39 PM ISTNew Delhi: Moody's today cautioned against tampering with the independence of the Reserve Bank of India (RBI) in deciding on interest rates, saying it would hurt India's economic prospects.Moody's Analytics, an economic research unit of
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Wholesale Price Inflation negative for 8th month; rate cut clamour gets louder
Jul 14, 2015, 05:40 PM ISTNew Delhi: Wholesale price inflation slipped further to (-)2.4 per cent in June on cheaper vegetable and fuel prices, continuing the deflationary trend for the eighth month in a row—prompting the industry to step up
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Pakistan seeks more evidence on 26/11, June retail inflation rises to 8-month high: Top 5 News Headlines
India | Jul 13, 2015, 10:02 PM ISTPakistan seeks more evidence on 26/11;says no talks without KashmirIslamabad: In a turnaround, Pakistan today asked for “more evidence and information” from India on the Mumbai attack case and asserted that talks cannot take place
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Government to import 5,000 tonnes of urad to contain prices
Jul 07, 2015, 02:25 PM ISTNew Delhi: The government today said it is considering importing 5,000 tonnes of urad dal to improve domestic availability and check price rise.Retail prices of most pulses including tur have breached Rs 100 per kg
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India's wholesale inflation still negative, but tad up
Jun 15, 2015, 02:00 PM ISTNew Delhi: India's annual wholesale inflation continued to be in the negative in May but moved up slightly to (-)2.36 percent from (-)2.65 percent in April, mainly on account of a rise in prices of
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Monsoon, inflation management can help RBI cut more: SBI chief
Jun 13, 2015, 11:19 PM ISTNavi Mumbai: RBI will have more room to cut repo rate if monsoon continues to progress at the current pace and inflation is kept under control, State Bank of India (SBI) Chairman Arundhati Bhattacharya today
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Sensex ends week with 343-point loss
Jun 13, 2015, 04:48 PM ISTMumbai: Across-the-board selling triggered by a host of negative factors including announcement of macro economic data and concerns over the progress of monsoon kept the market under pressure for the third straight week as
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Retail inflation up at 5.01 percent in May
Jun 12, 2015, 07:42 PM ISTNew Delhi: Retail inflation edged up to 5.01 per cent in May on costlier pulses even as prices of fruits and vegetables eased during the month. The Consumer Price Index-based inflation was at 4.87 per
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This time, RBI may cut rate to spur investment: Bankers
Jun 01, 2015, 02:49 PM ISTNew Delhi: Thanks to benign inflation and better fiscal numbers, bankers and industry leaders expect RBI to lower its key policy rate tomorrow to support economic activity and boost investment.The wholesale inflation hit a new
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RBI may cut policy rate to spur investment: Bankers
May 31, 2015, 04:56 PM ISTNew Delhi: RBI is expected to cut its policy rate on Tuesday to prop up economic activity and boost investment as inflation remains low and fiscal deficit has been contained.Deflationary pressure persisted for the sixth
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Inflation under check; global economy, agriculture a challenge: FM
May 23, 2015, 02:47 PM ISTNew Delhi: Finance Minister Arun Jaitley today said inflation has been brought under control in the past one year but global economy and agrarian situation as well as domestic investments pose challenge to the Indian
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The task to transform India is too much for PM Modi: The Economist
National | May 22, 2015, 02:51 PM ISTNew Delhi: Prime Minister Narendra Modi figures on the cover of The Economist in its latest issue. The Economist is a weekly newspaper focusing on international politics and business news and opinion.The article 'India's one-man
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Retail inflation eases to 4-month low at 4.87% in April
May 12, 2015, 06:58 PM ISTNew Delhi: Retail inflation in April softened further and fell to a four-month low of 4.87 per cent as prices of food items, vegetables and fruits turned cheaper. The retail inflation measured on the basis
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RBI sanguine on meeting 6% inflation target by Jan next year
Apr 07, 2015, 01:23 PM ISTMumbai:The Reserve Bank today sounded optimistic about meeting the 6 per cent retail inflation target for January next year but sounded cautious about the new GDP forecast, projecting 7.8 per cent growth for the current
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Vegetable prices to soar despite decline in inflation rate
India | Mar 17, 2015, 09:52 AM ISTNew Delhi: Food inflation strengthened in February on the back of rising vegetable, pulses and onion prices and the unseasonal rains in some parts of the country is expected to continue putting more pressure.As per
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Inflation falls to all-time low of -2.06% in Feb on cheaper food, fuel items
Mar 16, 2015, 05:09 PM ISTNew Delhi: The wholesale inflation dipped to (-)2.06 per cent in February as prices of food articles, manufactured items and fuel products fell during the month.This is the fourth month in a row that WPI-based
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Inflation falls to (-) 2.06% in Feb on cheaper food, fuel items
Mar 16, 2015, 02:28 PM ISTNew Delhi: The wholesale inflation dipped to (-)2.06 per cent in February as prices of food articles, manufactured items and fuel products fell during the month.This is the fourth month in a row that WPI-based
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Nomura says policy rates touch neutral, sees no cuts till 2017
Mar 07, 2015, 06:23 AM ISTMumbai: With the second surprise 25 bps repo rate cut by the Reserve Bank of India (RBI) on March 4, the policy rates have reached neutral and the average policy rate over the next three
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Rajan says CPI target band could tighten in 5-10 years
Mar 06, 2015, 06:57 PM ISTMumbai: Reserve Bank Governor Raghuram Rajan has said the target band for retail inflation could tighten much further in the future as the central bank becomes more comfortable with it.“Going forward, we will seek to
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Moody's lauds India for new mechanism to tame inflation
Mar 06, 2015, 07:44 AM ISTMumbai: Global financial services firm Moody's on on Thursday lauded India for setting up a new mechanism to tame inflation through the Reserve Bank of India (RBI)."The new mechanism targeting inflation will increase predictability of