INFLATORS

  • RBI directs banks to strictly follow 'Mandatory Leave' policy April 23, 2015

    Mumbai: Coming down heavily on banks for not implementing mandatory leave policy effectively, the Reserve Bank on Thursday said that employees posted at sensitive areas are required to compulsorily avail leave of about 10 days in a single spell every year. This comes after 'forensic scrutiny on guidelines for prevention of...
  • India's wholesale prices fall 2.33 per cent in March April 15, 2015

    New Delhi: Deflation persisted for the fifth consecutive month as wholesale price index based inflation fell to a record low of (-) 2.33 per cent in March on account of cheaper food and fuel products as well as manufactured items. Inflation measured on wholesale price index (WPI) was at (-) 2.06...
  • March consumer inflation drops to 5.17 per cent; food inflation to 6.14 per cent April 13, 2015

    New Delhi: India's annual consumer price inflation unexpectedly slowed down to a three-month low of 5.17 percent in March as food prices moderated, government data showed on Monday. The Reserve Bank of India has cut interest rates twice this year at unscheduled meetings, but kept its key repo rate on hold...
  • RBI chief Raghuram Rajan backs removal of central bank's debt powers March 22, 2015

    New Delhi: Reserve Bank of India (RBI) governor, Raghuram Rajan, on Sunday cautiously backed a government plan to hand public debt management to a new agency, as the two sides played down reports of friction over the biggest regulatory shakeup in a generation. In February, the RBI formally adopted inflation targeting...
  • Wholesale prices fall 2.06 per cent in February March 16, 2015

    New Delhi: India's wholesale prices declined at a much faster-than-expected pace of 2.06 per cent on year in February, their fourth straight monthly fall, on the back of plunging global oil prices, government data showed on Monday. The data compared with a 0.70 per cent year-on-year fall forecast by economists in...
  • Bullet News: Catch the day's top stories March 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 @ 9 with Zakka Jacob March 12, 2015

    Catch the day's top stories with Zakka Jacob on India @ 9. ...
  • News 360: CNN-IBN reveals identity of AgustaWestland kingpin in VVIP chopper deal March 12, 2015

    In the latest development in the VVIP chopper deal, CNN-IBN on Thursday revealed the identity of AgustaWestland kingpin. The picture of middleman Christian Michel has been revealed for the first time. The Enforcement Directorate (ED) has started tracking down the trail from Dubai to Delhi and also began tracking...
  • February retail inflation edges up to 5.37 per cent on costlier food items March 12, 2015

    New Delhi: The retail inflation rose to 5.37 per cent in February on higher prices of food items, including vegetables and beverages. The consumer price based retail inflation (consumer price index or CPI) for February is calculated with a new base year of 2012. For January, the retail inflation with a...
  • Finance Minister Arun Jaitley to address RBI board on March 22 March 8, 2015

    New Delhi: Finance Minister Arun Jaitley will address board members of the Reserve Bank on March 22 to inform them about steps taken in the Budget for 2015-16 to boost economic growth and contain fiscal deficit. "The meeting has been scheduled for March 22 where he would be addressing the board...
  • Easing inflation provides room for rate cut by RBI: Jaitley February 28, 2015

    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 February 27, 2015

    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. ...