INFLATORS

  • Sensex rises 109 points; Bank Nifty up 2.5 per cent, CNX IT slips 4 per cent October 17, 2014

    Mumbai: The Sensex rose 109.19 points or 0.42 per cent to close at 26108.53 and the Nifty climbed 32.40 points or 0.42 per cent to 7780.60. About 1336 shares have advanced, 1501 shares declined, and 117 shares are unchanged. Good buying was observed in capital goods, banking, healthcare and fast moving...
  • Optimistic about a good voter turnout, says actor Rahul Bose October 15, 2014

    Actor Rahul Bose is optimistic that there will be increased voter turnout in the ongoing Maharashtra assembly elections. "Inflation, woman safety and corruption are the main issues that need to be dealt with. This time people will have to decide who they really want to vote for as no coalition...
  • Finance Minister Arun Jaitley says food inflation under control, promises reform October 14, 2014

    New Delhi: India has brought inflation under control and is committed to food market reform to achieve low and stable price rises, Finance Minister Arun Jaitley on Tuesday after wholesale inflation dropped a near five-year low. Wholesale prices rose 2.38 per cent on year in September, its slowest pace since October...
  • BJP lauds government's efforts to bring down inflation October 14, 2014

    New Delhi: BJP on Tuesday lauded the government's efforts to rein in inflation and exuded confidence that prices will further come down in the near future. The party said the Narendra Modi-led government was committed to bringing down prices and was taking the issue seriously which has been troubling the common...
  • Inflation drops to 5-year low of 2.38 per cent in September October 14, 2014

    New Delhi: Continuing decline in food prices, including vegetables, pulled down the September wholesale price inflation to a five year low of 2.38 per cent. The Wholesale Price Index (WPI) based inflation was at 3.74 per cent in August and 7.05 per cent in September 2013. ...
  • Choppy Sensex, Nifty close lower; DLF tanks 28 per cent, BHEL up 4 per cent October 14, 2014

    Mumbai: Equity benchmarks closed marginally lower amid consolidation on Tuesday ahead of two state elections (Maharashtra and Haryana) on Wednesday. The Sensex fell 34.74 points to close at 26349.33 and the Nifty declined 20.25 points to 7864. About 1301 shares have advanced, 1622 shares declined, and 109 shares are unchanged. ...
  • September retail inflation eases to 6.46 per cent October 13, 2014

    New Delhi: India's retail inflation declined for a second straight month in September, but the risks of price shocks are expected to keep the Reserve Bank of India (RBI) from cutting interest rates anytime soon. Consumer prices rose a slower-than-expected 6.46 percent from a year earlier, the lowest since figures were...
  • Centre failed to curb inflation and price rise: CPI October 12, 2014

    Puducherry: CPI on Sunday alleged that the BJP government at the Centre has "failed" to curb inflation and price rise of essential commodities. "The Central government headed by Narendra Modi had completely failed to take meaningful steps to curb menace of inflation and rise in prices of essential commodities and...
  • Prices of essential goods will fall further in Modi rule: Amit Shah October 6, 2014

    Pune: BJP President Amit Shah on Monday said that prices have come down since Narendra Modi came to power at the Centre and that the downward trend could continue further in the current month. "Prices of essential commodities as well as that of petrol and diesel are falling since Modi...
  • RBI has no bias either to cut or hike rates: Raghuram Rajan October 1, 2014

    Mumbai: The Reserve Bank has no bias either to cut or hike the key rates and the direction of the monetary policy will be influenced entirely by data, Governor Raghuram Rajan said on Wednesday. "Our policy stance today is reasonable and we see no reason to alter it today based on...
  • Food inflation can be curbed by halting wastage: Harsimrat Kaur Badal September 25, 2014

    Mumbai: Strengthening of backward and forward linkages will help in controlling the food wastage, which is estimated at over Rs 40,000 crore, and also aid in curbing inflation, Food Processing Minister Harsimrat Kaur Badal said on Thursday. "The food wastage plays a very important role in inflation. Because of wastage, market...
  • Need to break back of inflation: Raghuram Rajan September 25, 2014

    Mumbai: Reserve Bank Governor Raghuram Rajan said there was a need to "break the back" of inflation which remains high and controlling it would make the apex bank's position more comfortable. "The real problem is inflation that is persistent. We have been emphasising again and again in order to break...
  • Highlights of SinoIndia trade and commerce September 17, 2014

    New Delhi: As India and China try to forge a stronger tie during the threeday state visit of Chinese President Xi Jinping to India, following are few highlights of SinoIndia trade and commerce. The Chinese share in India's import is 11.3 per cent of total trade while that of India in...
  • Bullet News: Catch the day's top stories September 15, 2014

    Bullet News is CNNIBN's nonstop 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 Bhupendra Chaubey September 15, 2014

    Catch the day's top stories with Bhupendra Chaubey on India @ 9. ...
  • News 360: SC asks government to step up relief operation in floodhit J&K September 15, 2014

    The Supreme Court has expressed concerns on the rescue and relief operations in the floodhit Jammu and Kashmir. The court has said that the state government must provide basic necessities to flood victims. ...
  • Modi government's efforts led to decline in inflation, says BJP September 15, 2014

    New Delhi: BJP on Monday credited the initiatives taken by Narendra Modi government for the decline in inflation and said it was committed to bring down prices and help improve the country's economy to make the life of the common man easy. The party said that its government has taken...
  • Inflation dips to 5year low of 3.7 per cent September 15, 2014

    New Delhi: Softening prices of food items, including vegetables, pulled down the WPI inflation to fiveyear low of 3.74 per cent in August, but it may not bring relief to the industry as the RBI is insisting that "there is no point in cutting interest rates" to see prices go...
  • August WPI inflation dips to 3.74 pc, lowest in 5 years September 15, 2014

    New Delhi: Declining prices of vegetable and other food articles pulled down wholesale inflation sharply to 3.74 per cent in August to a nearly fiveyear low. The inflation measured on Wholesale Price Index (WPI) was at 5.19 per cent in July and 6.99 per cent in...
  • RBI Governor urges Centre to deregulate diesel prices September 15, 2014

    Mumbai:Even as the government is continuing with a phased deregulation of diesel prices, RBI Governor Raghuram Rajan has urged the Centre to completely deregulate diesel prices. Rajan on Monday said diesel price deregulation is especially important in the wake of rising global crude oil prices. "Deregulation will empower stateowned oil firms...
  • August retail inflation eases to 7.8 per cent on cheap vegetables, fuel cost September 12, 2014

    New Delhi: Easing prices of vegetables, cereals and petroleum products brought down retail inflation marginally to 7.8 per cent in August. Consumer Price Index (CPI) based or retail inflation stood at 7.96 per cent in July. In August 2013, retail inflation was at 9.52 per cent. However, food inflation during the month...
  • Don't follow straightjacket approach on inflation: RBI September 11, 2014

    New Delhi: Reflecting differences within the Reserve Bank, noted economist and RBI's independent director Indira Rajaraman on Thursday said that the central bank should not follow a straightjacket approach of controlling inflation. "I think the RBI made things harder for itself by this straightjacket approach of committing themselves to inflation...
  • Inflation still high, says RBI governor September 5, 2014

    Mumbai: Ahead of the policy review by monthend, Reserve Bank Governor Raghuram Rajan has said that inflation is still high. "... but inflation still remains high on supplyside rigidities," Rajan was quoted as telling a conference in Boston, USA, by the organisers Citi. ...
  • PM is playing drums in Japan, what is he doing about price rise: Rahul's barb at Narendra Modi September 4, 2014

    Amethi: Congress vice president Rahul Gandhi on Thursday hit out at the Narendra Modi government over price rise and corruption in the country. "The Prime Minister is playing drums in Japan. What is he doing about the price rise and corruption in the country?" Rahul asked during a visit to...
  • India's rating seen limited by fiscal deficit, inflation: Moody's September 3, 2014

    Mumbai: India's fiscal deficit and inflation outlook could prevent any upgrades in the country's sovereign rating, even as the economy is headed for recovery, Moody's Investors Service said on Wednesday. Although Moody's expects the government to meet the fiscal deficit target of 4.1 percent for the fiscal year ending in...
  • Inflation in check, growth and investment picking up, assures Arun Jaitley August 30, 2014

    New Delhi: Finance Minister Arun Jaitley on Saturday presented the Finance Ministry's report card for the last hundred days since the NDA government came to power, as well as the recent initiatives taken by the Finance Ministry. Jaitley assured that inflation is in check, growth and investment is steadily picking up...
  • People unhappy with Modi government's 100day report card: NCP August 30, 2014

    Nagpur: People are unhappy with the performance of Narendra Modi government at the Centre during its first 100 days as it has failed to keep its promises on rising prices and inflation, the National Congress Party said on Saturday. "People are not at all happy with the BJP government at the...
  • Indian economy warms in afterglow of Narendra Modi's triumph August 29, 2014

    New Delhi: The afterglow of Narendra Modi's election victory nearly four months ago is expected to have helped India's lumbering economy register its fastest growth in more than two years for the quarter ending in June. India's new prime minister has promised to make it easier to do business through speedier...
  • Change India: Ideas on curbing food inflation, helping agriculture August 24, 2014

    In this edition of the 'Change India: What India Wants' series, we discuss how can we curb food inflation and increase agricultural productivity. ...
  • Centre cuts minimum export price of onion to USD 350 per tonne August 20, 2014

    New Delhi: The government on Wednesday reduced the minimum export price (MEP) of onion to USD 350 per tonne following improvement in domestic supply situation and softening of prices. In June this year, the MEP on onion was reintroduced at USD 300 per tonne which was further raised to USD 500...