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RBI cuts Policy Rate 15 January 2015
The Reserve Bank of India has cut the Repo Rate by 0.25 per cent with immediate effect which could be a huge relief to the money lenders. This is RBI's first cut since 2013 and it is also a surprise...
Keywords: global oil prices, RBI Repo Rate, Reserve Bank of India, global oil prices
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: Inflation, Wholesale price Index, Inflation, Narendra Modi government
Read MoreHigh food prices push inflation up 14 August 2013
Increased food prices and costly imports have contributed to a faster rise in inflation in the past month. A rise of 5.79% is the fastest that inflation has jumped in the last 5 months. Costlier diesel equaled higher agricultural prices,...
Keywords: India inflation rise, wholesale price index, inflation measure., Annual growth
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: RBI, Business News, Business News, Wholesale Price Inflation
Read MoreInflation falls to 7.25% as of June; food inflation is still on the rise 16 July 2012
The inflation in June has fallen to 7.25% with the prices of manufactured goods lowering by a few points but the prices of the vegetables, wheat and pulses still continue to rocket toward the sky. The inflation was 7.55% in...
Keywords: vegetables, manufactured goods, food Inflation, food 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: Wholesale Price Index, vegetable prices, Reserve Bank of India, December Inflation
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: Business News, wholesale price index (WPI), India's inflation, Monetary policy of RBI
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, Union Finance Minister Chidambaram, RBI Governor Raghuram Rajan, Union Finance Minister Chidambaram
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