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Business-India
Inflation overshoots RBI target, up 8.98% in March
High prices of vegetables and manufactured items drove the headline inflation in March to 8.98 per cent, way above the RBI s expectation of 8 percent.
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Business-India
Pranab hopes WPI inflation eases to 7% in March
Finance Minister Pranab Mukherjee said on Monday he hopes headline inflation will ease to 7 percent in March.
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Finance
RBI likely to raise inflation target
Most economists see a 25-basis-point rise in rates. The Reserve Bank of India is certain to increase its inflation target in the third quarter review of the monetary policy next week.
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Business-India
December WPI inflation at 8.43% y/y
Inflation shot up to 8.43 per cent in December, from 7.48 per cent in the previous month, as prices of certain food and non-food items continued to show an upward trend.
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Finance
Banks want cut in CRR, SLR as liquidity remains a concern
Express concern over slow deposit growth in pre-policy meeting with RBI. In a pre-policy meeting with the Reserve Bank of India, banks today asked the central bank to reduce the cash reserve ratio and the statutory liquidity ratio to improve liquidity.
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Business-India
Inflation down to 7.48% in November
Continuing with its trend towards moderation, inflation declined to 7.48 per cent in November, mainly boosted by lowering of pressure on certain food items.
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Business-India
October inflation at 8.58% y/y: Govt
India s wholesale price index rose an annual 8.58 percent in October, marginally above analysts forecast, government data showed on Monday.
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Business-India
Food inflation falls to 12.30%; declines for 4th week in row
Food inflation declined to 12.30 percent for the week ended October 30, on improved supply of items, showing a downward movement for the fourth straight week.
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Business-India
Govt to release Sept WPI data on Friday: Official
The government has delayed the release of its September headline inflation data by a day to Friday, a trade and industry ministry spokesman said.
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Finance
RBI cannot be inflation targeter: Subbarao
Says the central bank also has to maintain financial stability. Reserve Bank of India Governor Duvvuri Subbarao said inflation would determine the future policy and the effort would be to manage the balance between growth and inflation.
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Food & Drinks
Food inflation up at 10.86% in third week of Aug
Annual food inflation rose marginally to 10.86 percent for the week ended August 21, after the previous two week decline, despite a fall in vegetables prices.
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Business-India
Food inflation rises to 17.56%
Food inflation inched up to 17.56 percent for the week ended January 23 on account of rising prices of potato and pulses.
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Business-India
Food prices rise again after 3 wk fall at 17.40%
High prices continue to take a toll on the common man with the latest data showing that the food inflation moving northwards after falling for three consecutive weeks.
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