Consumer Price Index

  • Rupee trims early gains, quotes at 63.07 vs dollar 14-11-2013 09:22 AM

    Mumbai: The rupee trimmed its early gains but was still higher by 23 paise to 63.07 against the dollar in late morning trade today on selling of the American currency by banks and exporters amid recovery in equity market. Persistent capital inflows from foreign funds into equity market also boosted...
  • Sensex snaps seven-day losing streak 14-11-2013 09:20 AM

    Mumnai: The BSE Sensex rose nearly 1 per cent on Thursday after seven sessions of losses, as rate-sensitive stocks including lenders surged on the RBI's announcement of open market operations, while easing fears of tapering by the US Fed also helped. The Sensex added 205.02 points or 1.02 percent to...
  • Sensex closes at lowest in over a month; inflation hurts 13-11-2013 10:40 AM

    Mumbai: The BSE Sensex fell for a seventh consecutive session on Wednesday to its lowest close in over one month after higher-than-expected retail inflation data raised fears of a third rate hike this year. Among rate-sensitive stocks HDFC Bank Ltd fell 1.9 per cent, while Hero MotoCorp Ltd ended 1.8...
  • Rupee closes at 63.30 versus US dollar, rebounds by 41 paise 13-11-2013 10:15 AM

    Mumbai: Rupee closed on Wednesday at 63.30 versus US dollar, rebounds by 41 paise or 0.64 per cent. Continuing its slide for the sixth straight day, the rupee on Wednesday lost 17 paise to trade at a fresh two-month low of 63.88 in early trade on strong dollar demand from...
  • RBI to issue inflation-indexed savings certificates 04-09-2013 08:45 PM

    The Reserve Bank of India will issue inflation-indexed savings certificates which will be linked to Consumer Price Index (CPI) by November 2013 as a means to protect households against inflation. Governnor Raghuram Rajan announced this on Wednesday, saying the need of the hour is to protect households from inflation. He...
  • CPI inflation slows to 9.31 per cent in May 12-06-2013 11:59 AM

    New Delhi: Falling for the third straight month, retail inflation stood at 9.31 per cent in May due to easing of prices of edible oil and protein-based items, even as vegetable prices inched up sharply. The Consumer Price Index (CPI) based inflation stood at 9.39 per cent in April. It...
  • Income limit of 'creamy layer' hiked to Rs 6 lakh per annum 16-05-2013 09:36 PM

    New Delhi: In a bid to widen the ambit of beneficiaries getting reservation under the OBC quota, the Central government on Thursday enhanced the ceiling for applying the 'creamy layer' restriction on "socially advanced persons". While the income criteria so far was Rs 4.5 lakh per annum, the Union Cabinet...
  • CPI inflation slows to 9.39 per cent in April 13-05-2013 12:40 PM

    New Delhi: After better than expected industrial production numbers, which came at 2.5 per cent for the month of March, inflation has also hit a 13-month low. Consumer Price Index for the month of April is at 9.39 per cent against 10.39 per cent in March. Rural inflation was also...
  • RBI likely to cut interest rates to prod sputtering economy 03-05-2013 08:37 AM

    Mumbai: The Reserve Bank of India (RBI) is expected to cut its policy interest rate by a quarter point on Friday for the third time this year as it looks to bolster an economy growing at a decade low and takes comfort from easing inflation. While investors are hoping to...
  • Retail inflation declines to 10.39 pc in March 12-04-2013 11:41 AM

    New Delhi: Retail inflation declined to 10.39 per cent in March, snapping the five month rising trend, as prices of vegetables and protein based items eased. The Consumer Price Index (CPI) based inflation was at 10.91 per cent in February. The inflation, however, continued to remain in the double digit...
  • September inflation at 9.72 per cent: Govt 14-10-2011 11:42 AM

    New Delhi: The wholesale price index (WPI) rose 9.72 percent in September from a year earlier, government data showed on Friday, girding the market for a possible rate hike this month despite weakening domestic growth and bleak global outlook. The figure was almost in line with the median forecast for...
  • India's inflation minus 1.30 per cent 02-07-2009 12:43 PM

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  • Negative inflation not good news 18-06-2009 08:46 PM

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