Inflators

  • Higher weight of food items causing high retail inflation: Government 2 days ago

    New Delhi: A higher weight of food items in the consumer price index has kept retail inflation at elevated levels in the country, according to official data. The high inflation in India owes to "higher weight for the food basket (about 50 per cent)" as against 14 per cent and 32...
  • India @ 9 with Bhupendra Chaubey 5 days ago

    Catch the day's top stories with Bhupendra Chaubey on India @ 9. ...
  • After onions, tomatoes prices shoot up in metros 5 days ago

    New Delhi: Inflation is showing no sign of letting up as tomato prices have shot up in the metros. Deficient rains across the country have led to a fall in production which has squeezed supplies to cities. Tomato prices have touched a high of Rs 60 in many parts of Delhi,...
  • Vegetable prices will come down soon as Met has predicted more rains: Agriculture Minister 6 days ago

    As food inflation hits consumers, Agriculture Minister Radha Mohan has said that prices will decrease after more rainfall later this month. "This government is more active than previous government over prices of vegetables. The Met department is of the view that rain will be good in July, so prices will...
  • Common man faces the brunt of high vegetable prices 6 days ago

    After onions, now it is tomato prices which have shot up in major cities. In the capital, tomato prices have gone from Rs 35 per kg last week to Rs 50 per kg this week. It has doubled from Rs 20 to Rs 40-50 per kg in Hyderabad. ...
  • After onions, tomato prices shoot up in major cities 6 days ago

    New Delhi: Price rise continues to plague the common man. After onions, now tomato prices have shot up in major cities. In the national capital, tomato prices have gone from Rs 35 per kg last week to Rs 50 rupees per kg this week. It has doubled from Rs 20 to...
  • Retail inflation falls to 30-month low of 7.31 per cent in June 1 week ago

    New Delhi: Retail inflation fell to 30-month low of 7.31 per cent in June, mainly on account of lower prices of food items, including vegetables, cereals and meat. The retail inflation, measured on consumer price index (CPI), was 8.28 per cent in May. Its lowest was 7.65 per cent in January,...
  • June inflation at 5.43 pc vs 6.01 pc in May July 14, 2014

    The June WPI inflation came in lower-than-expected at 5.43 per cent versus 6.01 per cent in May. However, the April WPI data has been revised higher to 5.55 per cent (from 5.20 per cent) which resulted in market selling off the gains made from positive June WPI news. The core...
  • Modi's farm export curbs may ease India's June inflation July 14, 2014

    New Delhi: India's inflation probably eased marginally in June after the new government curbed farm exports, but a growing risk that drought will shrivel summer crops could encourage the Reserve Bank of India to keep interest rates on hold. Prime Minister Narendra Modi, elected in May amid anger over rising prices,...
  • Poor monsoon in India threatens first drought in five years July 11, 2014

    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 leads...
  • Government, RBI to devise modern monetary policy framework July 10, 2014

    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 monetary...
  • NDA government's first Budget targets growth, jobs July 10, 2014

    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 "exasperated"...
  • Arun Jaitley set to present Modi government's maiden Budget today July 10, 2014

    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 is...
  • Congress holds protest in Jaipur over inflation July 9, 2014

    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 Sachin...
  • Too early to say if Modi won the heart of J&K people: Omar Abdullah July 9, 2014

    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 was...
  • Congress holds protest over inflation, accuses BJP of betraying people July 9, 2014

    Rajasthan Congress on Wednesday 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, PCC chief Sachin Pilot said that...
  • Rajasthan: Police lathicharge Congress workers protesting against price rise July 9, 2014

    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 July 9, 2014

    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 July 9, 2014

    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, inflation...
  • Jaitley presents Economic Survey, GDP growth below 6 pc, inflation down July 9, 2014

    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 July 7, 2014

    Catch the day's top stories with Bhupendra Chaubey on India @ 9. ...
  • News 360: Centre says price checks in place; Opposition stages walk out July 7, 2014

    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 July 7, 2014

    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 July 7, 2014

    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 "mindless...
  • 'If I am FM: I would ensure a balance between inflation and growth' July 6, 2014

    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 July 4, 2014

    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 July 4, 2014

    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 July 4, 2014

    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...
  • Oil Ministry may propose hike in LPG price by Rs 250 per cylinder July 4, 2014

    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 of...
  • Home Minister orders crack down on hoarders in Delhi July 3, 2014

    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...