Inflations

  • Poor monsoon in India threatens first drought in five years 11-07-2014 11:40 AM

    New Delhi: Weak rainfall in India since June when the monsoon season starts, crucial to the country's agricultural earnings, has raised concerns of a first drought in five years, although weather experts are hopeful rains will revive in the next week. A poor monsoon cuts exports, stokes food inflation and...
  • Government, RBI to devise modern monetary policy framework 10-07-2014 09:34 PM

    New Delhi/Chennai: With prices staying at stubbornly high level, the government and the RBI on Thursday agreed to devise a modern monetary policy framework with clear inflation targeting. The tone for inflation targeting was set by Finance Minister Arun Jaitley in his budget speech when he stressed on a modern...
  • NDA government's first Budget targets growth, jobs 10-07-2014 11:57 AM

    New Delhi: Prime Minister Narendra Modi's new government unveiled what it called a budget for growth on Thursday and vowed to curb borrowing after the longest economic slowdown in a quarter of a century. Delivering his maiden budget, Finance Minister Arun Jaitley told Parliament that India's 1.2 billion people were...
  • Arun Jaitley set to present Modi government's maiden Budget today 10-07-2014 08:24 AM

    New Delhi: The Narendra Modi government's maiden Budget will be presented in Parliament on Thursday by Finance Minister Arun Jaitley. With high expectations to meet, it remains to be seen whether the Budget will be a bitter pill for the common man in its bid to revive the economy. It...
  • Congress holds protest in Jaipur over inflation 09-07-2014 10:34 PM

    Rajasthan Congress on Tuesday held a protest in Jaipur, accusing BJP of "betraying" people by failing to take measures to curb inflation and not providing them relief after coming to power both at Centre and the state. Addressing party workers in a dharna outside the collectorate in Jaipur, PCC chief...
  • Too early to say if Modi won the heart of J&K people: Omar Abdullah 09-07-2014 06:03 PM

    New Delhi: It is "too early" to say whether Prime Minister Narendra Modi has won the heart of the people of the state, Jammu and Kashmir Chief Minister Omar Abdullah said on Wednesday. After a meeting with Union Food Minister Ram Vilas Paswan, Omar was asked whether the Prime Minister...
  • Congress holds protest over inflation, accuses BJP of betraying people 09-07-2014 04:15 PM

    Rajasthan Congress on Wednesday held a protest in Jaipur, accusing BJP of "betraying" people by failing to take measures to curb inflationand not providing them relief after coming to power both at Centre and the state. Addressing party workers in a dharna outside the collectorate, PCC chief Sachin Pilot said...
  • Rajasthan: Police lathicharge Congress workers protesting against price rise 09-07-2014 02:15 PM

    Jaipur: The police on Wednesday used force on protesters during a protest over price rise led by Rajasthan Congress chief Sachin Pilot. Congress workers led by Pilot were trying to force their way inside the collectorate to give a memorandum to the collector. The police resorted to using force to...
  • Growth forecast for next fiscal between 5.4 to 5.9 per cent 09-07-2014 01:16 PM

    Indian economy is likely to grow in the range of 5.4 to 5.9 per cent in 2014-15 overcoming the sub-5 per cent growth of Gross Domestic Product (GDP) witnessed over the last two years. The growth slowdown in the last two years was broad based, affecting in particular the industry...
  • Highlights of Economic Survey 2013-14 presented by Arun Jaitley 09-07-2014 12:39 PM

    Finance Minister Arun Jaitley presented the Economic Survey 2013-14 in Parliament on Wednesday which reveals that while the economy has shown an improvement but it is still not out of the woods. Even as Gross Domestic Product (GDP) growth is expected to be well below the six per cent mark,...
  • Jaitley presents Economic Survey, GDP growth below 6 pc, inflation down 09-07-2014 12:28 PM

    New Delhi: India's grim economic situation was reflected in the Economic Survey 2013-14, presented in the Lok Sabha on Wednesday by the Union Finance Minister Arun Jaitley. While the Economic Survey noted that fiscal deficit for 2013-14 has been contained at 4.5 per cent of the Gross Domestic Product (GDP)...
  • India @ 9 with Bhupendra Chaubey 07-07-2014 10:27 PM

    Catch the day's top stories with Bhupendra Chaubey on India @ 9. ...
  • News 360: Centre says price checks in place; Opposition stages walk out 07-07-2014 09:11 PM

    Prices of food items are under control and there is no need for panic, the government declared on Monday in the Rajya Sabha which took up an impromptu discussion on inflation on the opening day of the Budget session after the opposition pressed for it. ...
  • BJP government failed to deliver its poll promises: Veerappa Moily 07-07-2014 06:04 PM

    Former Union minister Veerappa Moily on Monday said that the main issue is not about letting the house function, but rising inflation. In an interview to CNN-IBN, Moily said, "BJP government came to power on promise of tackling inflation, governance and removal of corruption but it has failed to deliver...
  • India should avoid fiscal slippage: World Bank 07-07-2014 04:41 PM

    New Delhi: Inflation is still uncomfortably high in India and the new government should avoid fiscal slippage as it seeks to revive the economy, the World Bank's India director said. The comments came after Finance Minister Arun Jaitley warned of tough measures in his first budget on July 10, saying...
  • 'If I am FM: I would ensure a balance between inflation and growth' 06-07-2014 10:07 AM

    If I were the Finance Minister, Arun Jaitley, my main focus would be in striking the right balance between inflation and the rate of growth of the economy. In order to maintain the fund flow in banks, schemes would be introduced to reduce the non performing assets and thereby its...
  • Modi government's six-month action plan to control inflation 04-07-2014 10:24 PM

    The NDA government has drawn up a six month action plan to control prices before they spiral out of hand. According to the plan the emphasis will be put on supply of cereals, pulses, edible oils, onions, potatoes, tomatoes, bread, milk and eggs. The state governments will establish price monitoring...
  • News 360: Free from ISIS clutches, Indian nurses head for home 04-07-2014 08:41 PM

    As many as 116 Indians including 46 nurses from Kerala will reach India on Saturday morning, reassured the Ministry of External Affairs on Friday evening. MEA spokesperson Syed Akbaruddin said that an Air India aircraft has flown from New Delhi and is expected to reach Erbil, Iraq, late on Friday....
  • Government plans to crackdown on hoarders, make Essential Commodities Act more effective to control prices 04-07-2014 05:28 PM

    New Delhi: Calling hoarding an anti-national activity, Food Minister Ram Vilas Paswan on Friday asked state governments to rise above politics to control prices by effectively enforcing the Essential Commodities Act. The current price rise is a temporary phenomenon created by hoarders, he said. "Controlling inflation is a national issue....
  • Oil Ministry may propose hike in LPG price by Rs 250 per cylinder 04-07-2014 03:30 PM

    New Delhi: The Oil Ministry is likely to move the Cabinet Committee on Political Affairs (CCPA) soon with an expert panel recommendations of raising cooking gas (LPG) rates by Rs 250 per cylinder and kerosene price by Rs 4 a litre. The ministry is preparing a draft note for consideration...
  • Home Minister orders crack down on hoarders in Delhi 03-07-2014 03:17 PM

    New Delhi: Home Minister Rajnath Singh on Thursday directed massive crackdown against hoarding of essential commodities including onion and potatoes in Delhi and asked the administration to take steps to control price rise. The Home Minister's directive came following a high-level meeting attended by Delhi LG Najeeb Jung, Chief Secretary...
  • India @ 9 with Bhupendra Chaubey 02-07-2014 11:00 PM

    Catch the day's top stories with Bhupendra Chaubey on India @ 9. ...
  • Drought & price rise: How will Modi's promise of 'Achche Din' be delivered? 02-07-2014 10:30 PM

    With onion prices soaring all over in the country, the government on Wednesday brought onions and potatoes under the Essential Commodities Act. ...
  • Centre acts to curb price rise, brings onions and potatoes under Essential Commodities Act 02-07-2014 07:19 PM

    New Delhi: With onion prices soaring all over in the country, the government on Wednesday brought onions and potatoes under the Essential Commodities Act. In order to put curb stockpiling and hoarding, the Cabinet Committee on Economic Affairs has decided to enforce a stock limit on potatoes and onions for...
  • Mumbai: 'Dabbawalas' hike delivery charges to meet rising inflation 02-07-2014 02:37 PM

    Mumbai: The iconic Mumbai 'dabbawalas' or lunch box carriers have hiked the costs of their delivery by Rs 100 a month to cope up with the rising cost of essential commodities. "We are requesting our customers to support us in the time of crisis, as we will not be able...
  • Government raises minimum export price of onions to $ 500 per tonne 02-07-2014 01:50 PM

    New Delhi: With onion prices soaring in several parts of the country, the government has got cracking. The minimum export price of onions has been raised to $ 500 per tonne. This is the second raise in two weeks. The Centre had imposed a minimum export price of $ 300...
  • Axe the Tax: Middle-class India says Rs 15,000 medical reimbursement not enough 02-07-2014 09:33 AM

    Bangalore: Ahead of the Budget 2014, CNN-IBN's Axe the Tax initiative looks at five taxes middle class India dislikes. The middle class India says Rs 15,000 medical reimbursement is not enough in these inflationary times and wants Finance Minister Arun Jaitley to increase the limit. Anantha Bhat's small family makes...
  • Jaitley hints at tough days ahead, says need to check 'mindless populism' 02-07-2014 07:44 AM

    New Delhi: Ahead of the Budget, Finance Minister Arun Jaitley has hinted at tough days ahead. He has said that there is a need to decide if India needs fiscal discipline or mindless spending. "Does India need a certain amount of fiscal discipline at this time? Do we need prudence?...
  • Delayed monsoon hits dairies, souring inflation outlook 01-07-2014 12:06 PM

    Mewat: Jai Prakash Sharma looked gloomily into the chilling tanks at the Mewat milk cooperative: they are only half full these days, thanks to a delay in India's annual monsoon rains that has robbed cattle fodder of nutritious moisture. "If there are not sufficient rains in the next few days,...
  • June factory activity grows at fastest pace since February 01-07-2014 11:44 AM

    New Delhi: Indian factory activity expanded in June at its quickest pace since February while output prices rose at the fastest rate in eight months, signalling a further rise in inflation that is bound to vex the Reserve Bank of India (RBI), a business survey showed on Tuesday. The HSBC...