Tag: Inflation

Softening prices of food items, including vegetables, pulled down the WPI inflation to five-year low of 3.74 per cent in August, but it may not bring relief to the industry as the RBI is insisting that "there is no point in cutting interest rates" to see prices go up again

Inflation dipped to a five month low of 5.19 per cent in July mainly on account of decline in prices of some food articles, vegetables and protein rich items

India's annual rate of wholesale price inflation decelerated further to (-)2.65 percent in April from (-)2.33 percent for the previous month on the back of a major decline in prices of fuels and minerals, official data showed today

Easing onion and potato prices pulled retail inflation in February to a 25-month low of 8.1 per cent and is likely to increase the clamour for the Reserve Bank to cut interest rates in its next monetary policy

Providing relief to the common man, inflation in January eased to an eight-month low of 5.05 per cent, helped by a moderation in food prices

A day after hiking the key rate by 0.25 per cent, Reserve Bank Governor Raghuram Rajan on Thursday said inflation is both a monetary and political issue and wanted the political establishment to understand the importance of curbing rising prices

Admitting government's failure to contain inflation, Prime Minister Manmohan Singh on Friday said high prices have helped farmers and asserted the country was heading for better times

India's annual rate of inflation based on wholesale prices sequentially rose to 10.49 per cent in April from a rise of 7.39 per cent in March.

Mumbai: The Sensex gained close to 140 points after opening higher on Friday while the Nifty logged slight gains to trade above the 10,750 mark. Utilities, oil and gas and power stocks gained on the BSE while key sectors like finance and banking traded lower. The BSE Sensex opened at 35,985.68 from its previous close […]

New Delhi: Lower food prices eased India’s February 2019 retail inflation to 2.57 per cent, while a sharp decline in manufacturing output slowed industrial production in January to 1.7 per cent, official data showed on Tuesday. Lower food prices halved India’s retail inflation in February to 2.57 per cent, from 4.44 per cent during the […]

New Delhi: Higher prices of food items along with those of primary articles accelerated India’s annual rate of inflation based on wholesale prices to 2.59 per cent in December from 0.58 per cent in November, official data showed on Tuesday. However, on a year-on-year (YoY) basis, the Wholesale Price Index (WPI) data furnished by the […]

Mumbai: Indian markets closed lower on Thursday along with major world indices over a sharp rise in coronavirus-related deaths in China. Increase in retail inflation and prices of LPG cylinder also dampened the investors’ mood further. China’s Hubei province, the epicentre of the coronavirus outbreak, reported 242 new deaths, double the previous day’s toll. The […]

New Delhi: Wholesale prices in the country witnessed deflation of 3.21 per cent in May due to sharp decline in prices of fuel and power, even as food articles turned expensive. “The annual rate of inflation, based on monthly Wholesale Price Index (WPI), stood at (-) 3.21 per cent (provisional) for May 2020 as compared […]

Bhubaneswar: Notwithstanding the cold December, markets in Odisha look very hot this year. Prices of almost all commodities in the State are pinching the pocket of the common man very hard across the State. But when it comes to burning holes in the pockets of consumers, Balasore, Bhubaneswar, Rourkela and Berhampur deserve special mention. Why […]