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: 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
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: 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
New Delhi: Food inflation witnessed a sharp moderation to 8 per cent for the week ended November 19, though prices of most agricultural items, barring potatoes, onions and wheat, continued to rise on an annual basis. Food inflation, as measured by the Wholesale Price Index (WPI), was 9.01 per cent in the previous week ended November 12. It stood at 9.03 per cent in the corresponding week of the previous...
12:29 PM, Dec 01, 2011
New Delhi: India's wholesale price index (WPI) rose 9.73 per cent in October from a year earlier, government data showed on Monday. The figure was higher than the median forecast for a 9.61 per cent rise in a Reuters poll. The WPI is more closely watched than the consumer price index (CPI) in India as it covers a higher number of products. The Reserve Bank of India (RBI) has raised...
12:03 PM, Nov 14, 2011
New Delhi: Food inflation declined marginally to 11.81 per cent in the week ended October 29, but the slight moderation in the rate of price rise provided little respite to consumers burdened by high prices of essential kitchen staples like vegetables and pulses. Food inflation, as measured by the Wholesale Price Index (WPI), stood at 12.21 per cent in the previous week ended October 22. The rate of price rise...
12:53 PM, Nov 11, 2011
New Delhi: Finance Minister Pranab Mukherjee on Thursday expressed grave concern over rising food inflation, even as he attributed the latest spike in prices to increased demand during the festive season. Food inflation, at 12.21 per cent for the week ended October 22, climbed to a nine-month high. "Food inflation is still going high. It is dangerously above double-digit figure," Mukherjee told reporters here. The Finance Minister, however, said the...
01:49 PM, Nov 03, 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.
