INFLATIONS

  • Easing inflation provides room for rate cut by RBI: Jaitley 5 days ago

    New Delhi: Making a case for rate cut by RBI, Finance Minister Arun Jaitley on Saturday said that retail inflation is expected to remain close to 5 per cent which allows further easing of monetary policy. The government would soon put in place a monetary policy framework to ensure that inflation...
  • Economic Survey 2014-15: 'Scope for big bang reforms' as growth pegged at 8 per cent for next year 5 days ago

    New Delhi: Economic Survey 2014-15, tabled by Finance Minister Arun Jaitley in Parliament on Friday, pegs a growth rate of over 8 per cent for the next financial year while inflation has declined by over 6 percentage points since late 2013. "There is scope for big bang reforms now," said Jaitley...
  • Union Budget 2015: Homemakers want low inflation & simple investment options February 24, 2015

    Though Finance Minister may find it difficult to offer a balanced budget for the nation, home-makers are doing that tough job at home almost every month. Given high inflation in recent times in consumer goods there is not much money left in the hands of the home-maker and still she...
  • 'If I were FM, will bring prices of essential commodities under control' February 23, 2015

    Ravi Kumar, manager at an eating outlet in Bengaluru, has had to cut down on items on his menu and forced to hike the prices of several dishes since the last few few months. He hopes that prices of essential commodities like LPG, vegetables and groceries will be brought under...
  • Jaipur resident demands student loans be made available at better rates February 19, 2015

    Wasim, a private student of class 12 and who also works at an ice cream parlor in Jaipur, wants student loans to be made available at better interest rates so that he can do his MBA from a good institute and set up his own business. He is also hoping...
  • Bullet News: Catch the day's top stories February 16, 2015

    Bullet News is CNN-IBN's non-stop prime time bulletin where we bring to you the day's top stories from around the world. Be it politics, sports, entertainment or business, catch it here, only in 30 minutes. ...
  • India @ 9 with Palki S Upadhyay February 16, 2015

    Catch the day's top stories with Palki S Upadhyay on India @ 9. ...
  • News 360: Kejriwal asks power departments for proposals on tariff cut February 16, 2015

    Taking the first move to fulfill his poll promises, Delhi Chief Minister Arvind Kejriwal on Monday directed the finance and power departments to send proposals for reduction of electricity tariffs by half till the audits are completed by the Comptroller and Auditor General. ...
  • India's wholesale prices fall 0.39 per cent in January February 16, 2015

    Mumbai: India's wholesale prices declined an annual 0.39 per cent in January, their second fall in three months, on the back of a sharp correction in oil prices, government data showed on Monday. The data compared with a 0.4 per cent year-on-year gain forecast by economists in a Reuters poll...
  • News 360: China says will back India for UN Security Council permanent membership February 12, 2015

    Ahead of Narendra Modi's Beijing visit, China on Thursday softened its stand on India's bid for a permanent membership in United Nation's Security Council. After decades of denial, it is for the first time that China said it supported India's bid. A senior Chinese official said Beijing has no problem...
  • Modi government needs to take proactive steps as IIP dips, inflation rises February 12, 2015

    New Delhi: Reflecting sluggishness in the economy, the industrial production growth has slipped to 1.7 per cent in December month-on-month, while inflation rose to 5.11 per cent in January, raising demands for proactive steps in the forthcoming Budget to boost economic expansion. The growth in factory output, as measured by...
  • Bullet News: Catch the day's top stories February 12, 2015

    Bullet News is CNN-IBN's non-stop prime time bulletin where we bring to you the day's top stories from around the world. Be it politics, sports, entertainment or business, catch it here, only in 30 minutes. ...
  • India's January consumer price inflation 5.11 per cent y/y: Government February 12, 2015

    New Delhi: India's annual consumer inflation accelerated to 5.11 per cent in January from 4.28 per cent a month ago, after the government shifted to a new base year for calculating prices, government data showed on Thursday. The country's statistics department has started using 2012 as the new base in place...
  • Inflation still a concern, says Raghuram Rajan February 4, 2015

    Mumbai: A day after keeping interest rates unchanged, RBI Governor Raghuram Rajan on said inflation is still a concern for the central bank and the monetary policy continues being "conventional". "We still have concerns over inflation. So, given the deflationary environment elsewhere, it is actually easier for us because we...
  • RBI Governor Raghuram Rajan keeps repo rates unchanged in the policy review February 3, 2015

    RBI Governor Raghuram Rajan has kept repo rates unchanged in the policy review. RBI says GDP growth is likely to rise to 6.5 per cent by 2016. Inflation will be at 6 per cent by January 2016. Sources say RBI may choose to announce a rate cut only after budget...
  • RBI surprises by cutting repo rate by 25 basis points, hints lowering rates further January 15, 2015

    New Delhi: The Reserve Bank of India cut its repo interest rate by 25 basis points to 7.75 per cent in a surprise move on Thursday, making its first reduction in a year as inflation showed signs of slowing and the government was making efforts to contain the fiscal deficit. The...
  • RBI cuts repo rate by 25 basis points to 7.75% with immediate effect January 15, 2015

    Mumbai: The Reserve Bank of India on Thursday surprised the market by cutting repo rate by 25 basis points to 7.75 per cent from 8 per cent, with immediate effect, ahead of its policy review on February 3. "Households' inflation expectations have adapted, and both near-term and longer-term inflation expectations...
  • A rate cut seems to be on the anvil soon: Finance Ministry January 14, 2015

    The Finance Ministry has said that there is no reason why a rate cut cannot happen when RBI reviews policy on February 3. They say slower than expected pace of inflation has given RBI enough elbow room. ...
  • December WPI At 0.11%, food inflation at 5.2% Vs 0.63% in November January 14, 2015

    New Delhi: India's wholesale price inflation inched up to 0.11 per cent in December, snapping a six-month easing trend as food costs jumped up year-on-year, government data showed on Wednesday. Wholesale prices unexpectedly didn't advance in November. The reading for October wholesale price inflation was revised to 1.66 per cent from 1.77...
  • Indian industry picks up, inflation under control January 13, 2015

    India's economic outlook got a boost on Monday after data showed industrial output made an impressive recovery and retail prices rose at a slower-than-expected pace, lending credence to Prime Minister Narendra Modi's sales pitch to global investors. ...
  • December retail inflation picks up to 5 per cent on higher food costs January 12, 2015

    New Delhi: Annual consumer price inflation accelerated for the first time in five months in December to 5.0 per cent, driven by higher food costs, government data showed on Monday. The data compared with a 5.4 per cent annual rise predicted by analysts. Consumer food price inflation, under a new series published...
  • Finance Minister Arun Jaitley denies pressuring RBI to cut rates December 30, 2014

    Mumbai/ New Delhi: Finance Minister Arun Jaitley denied on Tuesday that he was pressuring the Reserve Bank of India (RBI) into cutting interest rates, after his comment that the high cost of capital was stifling investment sent markets into a tizzy. Jaitley, in a speech in Delhi on Monday, said "costly...
  • RBI pitches for structural reforms; sees 6 per cent inflation in 2015 December 29, 2014

    Mumbai: Pitching for structural reforms to reinforce investor confidence, RBI on Monday said falling inflation and political stability have helped check the macroeconomic vulnerabilities, while retail inflation is expected to stabilise near 6 per cent level in 2015. The central bank, however, flagged lower revenue mobilisation this fiscal as a...
  • Modi government succeeded in containing inflation: Amit Shah December 19, 2014

    Palakkad: BJP President Amit Shah claimed that the Narendra Modi government has succeeded in containing inflation and strengthening the economy of the country. Addressing a public meeting organised at the Kota maiden here as part of the state leaders meeting, Shah said inflation that stood at 7 per cent has...
  • Wholesale price inflation hits a zero, lowest in over five years December 15, 2014

    New Delhi: Wholesale price inflation hit a zero level in November, the lowest in about five and half years, on account of decline in prices of food, fuel and manufactured items. The Wholesale Price Index (WPI) based inflation was at 1.77 per cent in October and 7.52 per cent in November...
  • November retail inflation at record low of 4.38 per cent December 12, 2014

    New Delhi: India's annual consumer price inflation eased for a fourth straight month in November to 4.38 per cent, its lowest level since the government started releasing the data in 2012, government data showed on Friday. The latest number was lower than a poll forecast of 4.50 per cent and October's...
  • India likely to grow between 5-6 per cent in 2015: Moody's December 10, 2014

    New Delhi: Indian economy is expected to pick up pace in 2015 and grow in the range of 5 to 6 per cent, helped by strong domestic demand, rating agency Moody's said on Wednesday. "India will have stronger GDP growth in 2015, which we forecast at 5-6 per cent, up from...
  • RBI sets 6 pc consumer price index target for 2016 December 2, 2014

    Mumbai: The Reserve Bank of India (RBI) has set a target of 6 per cent for consumer price index by 2016, said RBI Governor Raghuram Rajan adding that inflation is near comfort zone. Talking to Network18, the RBI Governor said inflation has been on the glide path. "We are seeing positive...
  • RBI Governor flays firms' myopic view on growth-inflation dynamics December 2, 2014

    Mumbai: Trashing India Inc's incessant criticism that RBI is not reducing interest rates, Governor Raghuram Rajan on Tuesday accused them of being myopic and asserted that the central bank is for the "strongest possible growth". "I think there is a misconception in corporate India that the...
  • RBI keeps interest rates unchanged at 8.0 per cent, mantains focus on containing inflation December 2, 2014

    Mumbai: As expected, the Reserve Bank of India has kept the interest rates unchanged at 8.0 per cent on Tuesday, staying focused on containing inflation while adopting a more dovish tone in response to the government's call for help to revive economic growth. RBI said that on the basis of an...