-
India’s inflation rate coming down 14 September 2015
According to the recent data released by the commerce and industry ministry, the annual rate of inflation stood at 3.85 percent in the corresponding month of the previous year. In August, the inflation rate in the country, which is based...
Keywords: Inflation 2015, Inflation 2015, 2015 inflation rates, Inflation 2015
Read MoreInflation at 5 years low 15 September 2014
The Wholesale Price Inflation [WPI] eased to a near five-year low of 3.74 per cent in August which eased the pressured on NDA government. Decline in fuel prices led to this figures and analysts predict that inflation will come down...
Keywords: Reserve Bank of India, Stock markets, Reserve Bank of India, car loans
Read MoreWho’s who - Modi government, RBI 07 March 2015
Narendra Modi government and the Reserve Bank of India (RBI) remain at odds over how crucial decisions are to be made. Both have agreed this week to formally adopt inflation targeting as a guiding star for monetary policy. Both sides...
Keywords: repo rate, Finance minister, inflation, RBI
Read MoreInflation declines to 5% in January 14 February 2014
Wholesale Inflation came down drastically to a seven month low of 5.05 percent in January compared to a rise of 6.16 per cent in December. Vegetables Inflation registered at 16.60 per cent, compared to 57.33 per cent in December however...
Keywords: Wholesale Inflation, India Business News, Onion prices, Inflation
Read MoreInflation drops further in February 14 March 2014
Inflation fell to nine-month low of 4.68 per cent in February. The food inflation, based on Wholesale Price Index (WPI) is down to 8.12 per cent in February, compared to 8.8 per cent in the previous month. The overall inflation...
Keywords: Fruits and Milk inflation, Inflation drops further in February, Reserve Bank of India, February Inflation
Read MoreInflation hits five months high 16 June 2014
The Wholesale Price Inflation rose to 6.01 per cent for the May month said the government data on Monday. This is driven by higher food and fuel costs and with Iraq crisis, India is likely to face more tough situations...
Keywords: Wholesale Price Inflation, India Business news, RBI, RBI
Read MoreDon't eat Onions: Supreme Court 11 January 2014
The Supreme Court of India on Friday shocked every one by saying to stopping eating Onions for two months and then automatically the price will come down. A bench headed by Justice BS Chauhan dismissed the Public Interest Litigation (PIL)...
Keywords: Supreme Court decision on Onions, stopping eating Onions, Weird News, BS Chauhan
Read MoreCostlier onions not wiping anyone's tears 17 September 2013
Onions just got dearer. Many reasons have been blamed for the soaring prices of one of the most loved ingredients in everyone's curry. However, this curry is turning out to be a luxury. Latest reports indicate that onion prices have...
Keywords: RBI Governor Raghuram Rajan, inflation, Onion prices, fuel price
Read MoreInflation at 5years low 14 November 2014
The Wholesale Price Inflation stood at 1.77 percent for the October which marks the lowest in last five years while the food inflation fell to a nearly two and half years low of 2.7 percent. This fifth consecutive drop of...
Keywords: Inflation, food inflation, policy rate, repo rate
Read MoreInflation drops to 5-month low 15 January 2014
India's inflation eased to a five-month low in December on lower vegetable prices. The wholesale price index (WPI), India's main inflation indicator, recorded an annual 6.16 percent last month, its slowest pace since July 2013. The vegetable prices have fallen...
Keywords: Inflation, RBI, Inflation drops, Reserve Bank of India
Read MoreRBI hikes interest rates unexpectedly to stem inflation 29 January 2014
The Reserve Bank of India (RBI) on Tuesday increased the Repo Rate from 7.75% to 8 by a margin of 0.25% in the policy meeting. This is third hike from the new governor of RBI Raghuram Rajan ever since he...
Keywords: RBI hikes interest rates, Business, Repo Rate, Repo Rates
Read MoreInflation drops in June 14 July 2014
The Wholesale price Index [WPI] based Inflation dropped to four-month low in June to 5.43 percent. Government data showed food prices increased by 8.14 per cent in June this year as compared to a jump of 10.27 per cent in...
Keywords: food stocks, Wholesale price Index, Narendra Modi government, Quick news
Read MoreRBI holds the Policy Rate 01 April 2014
The Reserve Bank of India on Tuesday held the Repo Rate unchanged at 8 percent in the bank's Monetary Policy Review. RBI Governor Raghuram Rajan has raised the repo rate three times by a total of 75 basis points since...
Keywords: Business News, general elections 2014, retail inflation, Raghuram Rajan
Read MoreInflation at 5 year low 14 October 2014
The wholesale price inflation [WPI] hit 5 year low in September month at 2.38 per cent and as per government data, the food inflation fell to a nearly two-and-half year low of 3.52 per cent. Vegetables, milk, eggs, meat and...
Keywords: crude oil prices, Wholesale price inflation, diesel price, Reserve bank of india
Read MoreIndia could face drought this year 05 July 2014
Indian Meteorological Department [IMD] said the monsoon rainfall in the country a whole during June 2014 was below normal by 43 per cent and there are 80 percent chances of drought. A rivate weather forecaster Skymet also reported the same...
Keywords: Skymet, weather forecaster, Skymet, India could face drought this year
Read MoreFailed Attempt: Thief says sorry! 23 December 2014
Have you ever heard about a thief apologising. Here is a thief from Noida who broke into a bank but could not manage to rob the money, finally said sorry for his desperate attempt. The thief left a hand written...
Keywords: Thief apologises inflation, Canara Bank, Canara Bank, thief says sorry
Read MoreSensex gains 300 points 17 June 2014
It was a relief for the stock markets as they closed with gaining over 300 points. With Iraq crisis, the markets were completely down and the inflation added fuel to the fire. However, RBI Governor Raghuram Rajan's response on inflation...
Keywords: BSE, inflation, Dollar, RBI Governor Raghuram Rajan
Read MoreRBI cuts repo rate by 25 bps ahead of schedule 04 March 2015
Raghuram Rajan, governor, Reserve Bank of India (RBI), seems to be enjoying by surprising the markets by cutting rates unannounced and ahead of monetary policy reviews. The Bank has cut rates by 25 basis points on Wednesday morning bringing the...
Keywords: inflation, RBI, RBI, repo rates
Read MoreDeflationary Trend Energising Market Conditions 16 March 2015
Inflation levels based on the WPI (Wholesale Price Index) continued to be India’s happy news as it falls from -0.39% to -2.06%. Global crude oil prices still are on its weaker level, which is catalyzing the Indian Economy as we...
Keywords: Indian economy importance, Taming Inflation, RBI Monetary Policy review, WPI inflation stands at
Read MoreGovernment Pays Price For Price Rise- Chidambaram 11 December 2013
The Union Finance Minister Chidambaram admitted in the Delhi Economic Conclave in New Delhi that the current inflation caused Congress Government loose elections in four states. He said, "It is common knowledge that the government of the day will pay...
Keywords: current inflation, Headlines, Chidambaram, Delhi Economic Conclave
Read More