New Delhi: India's wholesale price index (WPI) rose a faster-than-expected 7.23 per cent in April from a year earlier, mainly driven by higher food prices and manufactured items, government data showed on Monday. Analysts on average had expected an annual rise of 6.91 per cent. Wholesale prices rose 6.89 percent in March. The annual reading for February was upwardly revised to 7.36 percent from 6.95 percent, the government said in...
12:21 PM, May 14, 2012
New Delhi: The overall inflation in March eased to 6.89 per cent on account of sharp decline in prices of onions, fruits and protein-based items, even as vegetables and pulses turned costlier. Inflation, as measured by the Wholesale Price Index (WPI), was 6.95 per cent in February. In March last year, it was 9.68 per cent. As per the official data released on Monday, inflation in food items was 9.94...
12:25 PM, Apr 16, 2012
New Delhi: Retail inflation was at 8.83 per cent in February on account of higher prices of protein based items and edible oil products. Retail inflation, based on the Consumer Price Index, was 7.65 per cent the January, as per the government data release in New Delhi on Monday. Among other items, only vegetable prices saw a decline of 4.73 per cent over the February 2011 level. During the month,...
12:42 PM, Mar 19, 2012
New Delhi: Inflation rose to 6.95 per cent in February because of sharp increase in food prices, especially vegetables and protein-based items. Inflation, as measured by the Wholesale Price Index (WPI), was 6.55 per cent in January. In February last year, it was 9.54 per cent. As per the official data released on Wednesday, food inflation was 6.07 per cent in February against (-)0.52 per cent in January. Pulses turned...
12:34 PM, Mar 14, 2012
Beijing: China said on Friday the inflationary pressure on its economy is easing as consumer price index, the main gauge of the rate of price rise, has dropped to 3.2 per cent in February, the lowest in 21 months. China's National Bureau of Statistics (NBS) announced in Beijing that the country's consumer price index (CPI) climbed by 3.2 per cent year-on-year in February, marking the lowest growth rate since June...
12:04 PM, Mar 09, 2012
New Delhi: Inflation based on the all India Consumer Price Index stood at 7.65 per cent in January, as per the first nationwide retail inflation data released by the government on Tuesday. While 'food and beverages' reported a moderate rate of price rise of 4.11 per cent year-on-year in January, the inflation numbers for fuel and light, and clothing, bedding and footwear segments were in double-digits. Overall retail inflation in...
11:59 AM, Feb 21, 2012
New Delhi: Starting from Tuesday the government will release the nation-wide Consumer Price Index (CPI) on a monthly basis for better reflection of retail price movement and to help the Reserve Bank take effective monetary policy steps to deal with inflation. The new CPI, according to experts, will eventually replace the Wholesale Price Index (WPI) for policy actions to deal with the price situation. The monthly CPI will be in...
01:12 AM, Feb 21, 2012
Shimla: The government on Friday said that the rate of inflation for rural workers moved up in a majority of states during January, with Maharashtra witnessing the highest level of price rise and Tripura the lowest. As per the monthly Consumer Price Index (CPI) number, released for the Agricultural Labourers and Rural Labourers for January 2012, the index of inflation for rural workers recorded an increase in 14 states and...
01:26 AM, Feb 18, 2012
New Delhi: Amid signs of moderation in price rise situation in the country, the January inflation numbers are likely to drop below 7 per cent, said Chief Economic Adviser Kaushik Basu. "Inflation figures are going down. The January figure, which you will get in middle of February, my expectation is that it is going to be below 7 per cent ," he said. Basu, who also heads a Prime Minister...
07:05 PM, Jan 31, 2012
New Delhi: Food inflation remained in the negative zone for the fourth week in a row, at (-)1.03 per cent for the week ended January 14, on account of cheaper vegetables. Food inflation, as measured by the Wholesale Price Index (WPI), was at (-)0.42 per cent in the previous week. It was above 17 per cent in the corresponding week of 2011. According to the official data released on Friday,...
12:16 PM, Jan 27, 2012
New Delhi: Food inflation remained in the negative zone for the third straight week, at (-)0.42 per cent for the week ended January 7, mainly due to fall in prices of onion and vegetables. Food inflation, as measured by the Wholesale Price Index (WPI), was at (-) 2.90 per cent in the previous week. It was above 16 per cent in the corresponding week of 2011. According to the official...
12:28 PM, Jan 19, 2012
New Delhi: Headline inflation fell to a two-year low of 7.47 per cent in December 2011 on cheaper food items, a factor which may prompt the Reserve Bank to cut policy rates in the upcoming review. Headline inflation, as measured by Wholesale Price Index (WPI), had stood at 9.11 per cent in November. It was 9.45 per cent in the same month of 2010. The latest numbers are the lowest...
12:49 PM, Jan 16, 2012
New Delhi: Food inflation fell sharply to a six-year low of 0.42 per cent in the week ended December 17 as prices of essential items like vegetables, onion, potato and wheat declined. Food inflation, as measured by Wholesale Price Index (WPI), stood at 1.81 per cent in the previous week. It was recorded at 15.48 per cent in the corresponding week of 2010. According to official data released on Thursday,...
12:21 PM, Dec 29, 2011
New Delhi: Food inflation fell to a nearly four-year low of 4.35 per cent during the week ended December 3, reflecting a decline in prices of essential items like vegetables, onions, potatoes and wheat. This is the lowest rate of food inflation since the week ended February 23, 2008, when it stood at 4.28 per cent. Food inflation, as measured by the Wholesale Price Index (WPI), stood at 6.6 per...
12:20 PM, Dec 15, 2011
New Delhi: Buoyed by a continuous decline in food inflation over the past five weeks, Chief Economic Advisor Kaushik Basu on Wednesday expressed hope it may fall below 3 per cent in a month's time. "I do expect the food inflation to come down below 3 per cent within a month," he said at the Delhi Economics Conclave in New Delhi. Basu is the head of a high-level panel appointed...
12:43 PM, Dec 14, 2011
displayed with permission. Use of the CNN name and/or logo on or as part of CNN-IBN does not derogate from the intellectual property rights of Cable News Network in respect of them.
Disclaimer: Network18 Media & Investments Limited is proposing, subject to market conditions and other considerations, an offer of its equity shares on rights basis and has filed a Draft Letter of Offer with the Securities and Exchange Board of India. The Draft Letter of Offer is available on the website of SEBI at www.sebi.gov.in and the websites of the Lead Managers at www.icicisecurities.com and www.rbs.in Investors should note that investment in equity shares involves a high degree of risk and are requested to refer to "Risk Factors" in the Draft Letter of Offer. The Equity Shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or any state securities laws in the United States and may not be offered or sold in the United States or to, or for the account or benefit of, "U.S. persons" (as defined in Regulation S under the US Securities Act) except in a transaction exempt from the registration requirements of the US Securities Act and in accordance with any applicable U.S. state securities laws.
Disclaimer: TV18 Broadcast Limited is proposing, subject to market conditions and other considerations, an offer of its equity shares on rights basis and has filed a Draft Letter of Offer with the Securities and Exchange Board of India. The Draft Letter of Offer is available on the website of SEBI at www.sebi.gov.in and the websites of the Lead Managers at www.icicisecurities.com and www.rbs.in Investors should note that investment in equity shares involves a high degree of risk and are requested to refer to "Risk Factors" in the Draft Letter of Offer. The Equity Shares have not been and will not be registered under the US Securities Act of 1933, as amended (the "US Securities Act"), or any state securities laws in the United States and may not be offered or sold in the United States or to, or for the account or benefit of, "U.S. persons" (as defined in Regulation S under the US Securities Act) except in a transaction exempt from the registration requirements of the US Securities Act and in accordance with any applicable U.S. state securities laws.
