Inflation
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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
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Rajan says sorry for "misleading" comments he never made!
Mar 04, 2015, 10:08 PM ISTMumbai: In a gesture rarely found among newsmakers, RBI Governor Raghuram Rajan today said “sorry” for a “misleading” comment that he never made with regard to the central bank's stance on interest rates.Addressing students of
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Government, RBI agreement aim to bring inflation below 6 pc
Mar 03, 2015, 07:26 AM ISTNew Delhi: The Reserve Bank of India (RBI) will aim to bring retail inflation below 6 per cent by January 2016 -- and to around four per cent by fiscal 2016-17, the government's monetary policy
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Budget 2015: Easing inflation provides room for rate cut by RBI, says Jaitley
Feb 28, 2015, 01:05 PM ISTNew Delhi: Making a case for rate cut by RBI, Finance Minister Arun Jaitley today said that retail inflation is expected to remain close to 5 per cent which allows further easing of monetary policy.The
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India largest growing economy; promising future awaits us: Pranab Mukherjee
Feb 23, 2015, 04:53 PM ISTNew Delhi: President Pranab Mukherjee today said India has emerged as the fastest growing large economy with an estimated 7.4 per cent growth rate in 2014-15 and the government is taking “decisive measures” to ensure
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Gandhi asks banks to brace for high attrition levels
Feb 20, 2015, 05:00 PM ISTMumbai: With the banking sector being thrown open to niche as well as more private players, RBI deputy governor R Gandhi today warned the industry to brace for higher attrition, being already faced by highly
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Inflation turns negative in January on fuel price drop, food prices high
Feb 16, 2015, 01:29 PM ISTNew Delhi: Inflation declined to a five and a half year low of (-)0.39 per cent in January on falling prices of manufactured and fuel items even though food articles remained high.Inflation measured on wholesale
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Delhiites concerned about corruption, crime, not power: Study
India | Feb 14, 2015, 09:35 AM ISTNew Delhi: People of Delhi now consider issues such as inflation, corruption and crimes against women as far more important than power supply problems, according to a study released today.As per the study titled ‘Perception
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Sensex up 271pts, Nifty regains 8700 peak on late buying surge
Feb 12, 2015, 05:29 PM ISTMumbai: Rising for the third straight session, the benchmark Sensex today gained 271 points to end at 28,805.10 and the Nifty index reclaimed 8,700-mark by jumping 84 points on a flurry of late buying in
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Delhi polls: People will vote against corruption and inflation says Kejriwal
National | Feb 07, 2015, 12:18 PM ISTNew Delhi: As Delhi votes for a new government, AAP chief Arvind Kejriwal today exuded confidence of getting a clear mandate for his party and said truth will triumph.“I am confident that AAP will win
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Inflation still a concern, says RBI governor Raghuram Rajan
Feb 04, 2015, 08:03 PM ISTMumbai: A day after keeping interest rates unchanged, RBI governor Raghuram Rajan on Wednesday said inflation is still a concern for the central bank and the monetary policy continues being "conventional"."We still have concerns over
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Delhi polls: Soaring prices of vegetables, fruits may prove costly for BJP
India | Feb 04, 2015, 08:19 AM ISTNew Delhi: Common man does not seem to have any relief from day by day soaring prices of fruits and vegetables although Narendra Modi-led NDA govt claims to have curtailed inflation. The soaring prices may
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RBI keeps rate unchanged; hopes banks will cut lending rates
Feb 03, 2015, 06:00 PM ISTMumbai: Awaiting cues from the Budget, RBI Governor Raghuram Rajan today left interest rate unchanged saying there was no case for a reduction now and hoped banks will pass on the benefit to consumers from
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RBI may cut interest rate further in policy review this week
Feb 01, 2015, 02:10 PM ISTNew Delhi/Mumbai: The RBI may cut its policy rate further by 0.25 per cent this week to boost growth, as inflation remains under control and fiscal situation appears better following a record CIL disinvestment.RBI, which
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Notes from Davos: An economic driver called Modi
Jan 21, 2015, 11:07 AM ISTNew Delhi: On the first day here at the World Economic Forum at Davos, there is no getting around Narendra Modi. Every second conversation that I strike up or am engaged in seems to come
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'Inflation' becomes least searched topic: Google
Jan 15, 2015, 11:21 AM ISTNew Delhi: With softening of prices across segments, including global crude rates, the word 'inflation' was the lowest searched topic on search engine Google."Inflation, which saw tremendous search interest during the past few years, not
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India Inc wants rate cut, says inflation likely to remain low
Jan 15, 2015, 07:53 AM ISTNew Delhi: Notwithstanding the marginal rise in December inflation, India Inc on Wednesday said low oil prices and measures undertaken by the government are likely to keep inflation under check, even as it reiterated the