New Delhi: Food inflation shot up to 11.43 per cent for the week ended October 15 on the back of costlier vegetables, fruits, milk and protein-based items. As measured by Wholesale Price Index (WPI), food inflation stood at 10.60 per cent in the previous week. The rate of price rise of food items was 14.20 per cent in the corresponding week of 2010. As per data released by the government...
12:00 PM, Oct 27, 2011
New Delhi: Food inflation is back in double digits after a gap of a month-and-a-half and stood at 10.60 per cent for the week ending October 8 on the back of costlier vegetables, fruits, milk and protein-based items. Food inflation, as measured by Wholesale Price Index (WPI), stood at 9.32 per cent in the previous week. The rate of price rise of food items stood at 15.72 per cent in...
12:26 PM, Oct 20, 2011
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 a 9.70 percent rise in a poll and was lower than the annual rise of 9.78 percent in August. The...
11:42 AM, Oct 14, 2011
New Delhi: The industrial growth of the country slowed to 4.1 per cent in August on account of the poor performance of the manufacturing sector and a decline in mining output, indicating an economic slowdown. Growth in factory output, as measured in terms of the Index of Industrial Production (IIP), stood at 4.5 per cent in August last year. During the April-August period this fiscal, IIP growth stood at 5.6...
11:42 AM, Oct 12, 2011
Tokyo: Japan's Nikkei stock average fell on Friday, slipping back below the 9,000 level as profit-taking emerged after six straight days of gains and following a drop in US shares ahead of a key jobs report. The Nikkei slid 8.9 per cent in August and while most market participants expect September to be a better month, uncertainty about the strength of the global economy continues to cap the upside. A...
09:12 AM, Sep 02, 2011
New Delhi: After a gap of over five months, food inflation entered the double-digit zone at 10.05 per cent for the week ended August 20, with Finance Minister Pranab Mukherjee describing the trend as "disturbing" and experts saying RBI may go in for another rate hike. The weekly food inflation, measured by Wholesale Price Index (WPI), went up from 9.80 per cent on account of expensive onion, vegetables, fruits and...
12:32 PM, Sep 01, 2011
Melbourne: Asian stocks pushed higher in early trade on Thursday in line with a firmer tone on Wall Street, extending a recovery from a sharp sell-off in August on hopes the US Federal Reserve will intervene in markets to support the economy. Global markets have gained strength in recent days, rebounding from several weeks of losses that saw Asian stocks post their worst month in August since May last year,...
08:53 AM, Sep 01, 2011
Washington: Ladies, please note -- your eating speed is linked to your body weight, say researchers. A new study by the University of Otago has found that middle-aged women who eat slowly are much less likely to be overweight or obese than those who eat at a faster pace, the 'Journal of the American Dietetic Association' reported. The researchers have analysed the relationship between self-reported speed of eating and body...
12:07 PM, Aug 31, 2011
New Delhi: Headline inflation declined to an eight-month low of 9.22 per cent in July as the rate of price rise in food articles and petro-products eased, though pressure remained on manufactured items. Inflation, as measured by the Wholesale Price Index (WPI), stood at 9.44 per cent in June. It was 9.98 per cent in July, 2010. As per data released by the government, the overall inflation figure for May...
12:41 PM, Aug 16, 2011
New Delhi: India's wholesale price index likely rose an annual 9.2 per cent in July, slightly slower than June's 9.44 per cent, as policy tightening by the Reserve Bank of India (RBI) was partially offset by surging food prices, a Reuters poll showed. The forecasts for India's main inflation gauge, from 27 economists, ranged from 8.9 to 10.0 per cent. "The contribution of food... and fuels to overall inflation has...
09:29 AM, Aug 13, 2011
New Delhi: After dropping to a 20-month low in mid-July, food inflation inched up to 8.04 per cent for the week ended July 23 on expensive onion, fruits and milk. Food inflation, measured by the Wholesale Price Index (WPI), was 7.33 per cent in the previous week, the lowest since November 2009. The rate of price rise of food items was 16.27 per cent in the corresponding week of July...
12:57 PM, Aug 04, 2011
Mumbai: Worries over a prolonged global economic slowdown sent the BSE Sensex to its lowest close in nearly six weeks on Wednesday, as a last-minute budget deal by Washington to avoid a US default turned investor focus to its impact on growth. The United States stepped back from the brink of default on Tuesday but congressional approval of a deficit-cutting plan failed to dispel fears of a credit downgrade and...
12:33 AM, Aug 04, 2011
New Delhi: Indicating sluggishness in the economy, industrial growth fell to 5.6 per cent in May this year from 8.5 per cent in the same month last year, mainly due to the poor performance of the manufacturing and mining sectors. Factory output in the month of April, as measured in terms of the Index of Industrial Production (IIP), has also been revised downward to 5.7 per cent from the earlier...
12:21 PM, Jul 12, 2011
Hong Kong: Hands may say more about their owners than commonly thought, especially in the case of men. Men whose index fingers are shorter than their ring fingers may have longer penises, according to a South Korean study published in the Asian Journal of Andrology. "According to our data ... the shorter index (second) finger than ring (fourth) finger you have, the longer stretched penile length you have," wrote Tae...
12:10 PM, Jul 05, 2011
Dubai: Qatar has been ranked 26th in the Global Innovation Index, securing the highest position in the West Asia ahead of even the world's two largest emerging economies China (29) and India (62). The report, prepared jointly by business school INSEAD and few other institutions, said that Qatar improved its world ranking by nine places vis-a-vis its 2010 position. In 2010, the Gulf country was placed 35th on the Global...
10:45 AM, Jul 05, 2011
New Delhi: Food inflation fell to a one-and-a-half month low of 7.78 per cent for the week ended June 18 on the back of cheaper vegetables, pulses and potatoes. Food inflation, as measured by the Wholesale Price Index (WPI), stood at 9.13 per cent during the previous week. It was over 20 per cent during the comparable period of June, 2010. As per data released by the government on Thursday,...
12:35 PM, Jun 30, 2011
New Delhi: Food inflation dropped to 7.7 per cent for the week ended April 30, the lowest level in 18 months, due to a fall in the price of pulses and vegetables, especially potatoes. The rate of price rise in food items, as calculated on the basis of the wholesale price index (WPI), was 8.53 per cent in the previous week and 21.46 per cent in the comparable period of...
12:21 PM, May 12, 2011
New Delhi: Despite its British colonial legacy and reputation as an English-speaking nation, India has lost out narrowly to emerging economic giant China in an international ranking of foreign countries' English speaking ability. China with a ranking of 29 is one place above India at 30 in the 2011 English Proficiency Index but the economic rivals both have a "low-proficiency" score awarded by Education First, the world's largest privately held...
01:39 PM, Apr 20, 2011
New Delhi: High prices of vegetables and manufactured items drove the headline inflation in March to 8.98 per cent, way above the RBI's expectation of 8 per cent. The overall inflation measured on the basis of Wholesale Price Index (WPI) was 8.31 per cent in February. The rise in overall inflation for the second month in a row may prompt the central bank to go for another round of policy...
02:44 PM, Apr 15, 2011
New Delhi: Industrial growth slowed to 3.6 per cent in February, 2011, compared to 15.1 per cent expansion in the year-ago period, dragged down by poor performance of manufacturing and mining sectors. However, overall 15 out of 17 industry groups achieved positive growth in the second month of 2011. Growth in factory output in February, as measured in terms of the Index of Industrial Production (IIP), was lower than the...
11:33 AM, Apr 11, 2011
