inflation

Mumbai, July 12: With rains this year having advanced well into the country, Finance Minister Arun Jaitley on Sunday said a better monsoon would help check food inflation. "It appears that the rain gods may be kinder this year to us than…

New Delhi, June 10 (IANS): The government on Wednesday said that it would import pulses in large quantities to check rising prices of the commodity.  At a meeting of the union cabinet chaired by Prime Minister Narendra Modi here, the issue…

New Delhi, May 21 (IANS): With the Reserve Bank of India's monetary policy review due on June 2, Finance Minister Arun Jaitley has said that inflation will not be a significant challenge though a below-average monsoon could possibly impact…

New Delhi, May 14 (IANS): The annual rate of wholesale price inflation (WPI) decelerated further to its lowest in six months at (-)2.65 percent for April from (-)2.33 percent for the month before, providing more room for the Reserve Bank of…

New Delhi, May 12 (IANS) Indications of a strong industrial recovery were belied with the growth in India's Industrial output slowing to 2.1 percent in March, even as the retail inflation eased nearly 40 basis points to 4.87 percent in…

Benign oil prices, likely monetary policy easing by the Reserve Bank and lower inflation will help the Indian economy to grow in the range of 8.1- 8.5 percent in the current fiscal, the parliament was told on Tuesday. "The increase in GDP…

Inflation is likely to average 3.7 percent in the current fiscal, which is higher than the 2 percent recorded in the last fiscal, a Dun & Bradstreet research report said. "D&B expects WPI (Wholesale Price Index) inflation to edge up…

With the rural wage growth coming down to a nine-year low at 5.5 percent this January and inflation seemingly stabilizing, India is bracing for a long period of higher sustainable growth and lower prices, financial services firm Morgan…

Wholesale inflation dropped to minus 2.06 per cent in February this year, as the prices of fuel products fell during the month. This is the fourth month in a row that wholesale price index-based inflation has remained in the negative zone.…

As per the government's monetary policy framework agreement with the Reserve Bank of India published on Monday, the RBI will aim to bring retail inflation below 6 percent by January 2016, and to around four percent by fiscal 2016-17.…