India's November retail inflation rate drops to 2.33 percent
Dec 12, 2018, at 07:18 pm
New Delhi, Dec 12 (IBNS): Lower food prices eased the country's retail inflation for the month of November to touch 2.33 percent, official data released on Wednesday said.
WPI inflation drops to 4-month low figure of 4.53 percent
Sep 14, 2018, at 07:46 pm
New Delhi, Sept 14 (IBNS): Inflation based on wholesale prices eased to a four-month low of 4.53 percent in the month of August, said a government data released on Friday.
Argentina seeks quick release of $50bn loan from IMF as inflation soars
Aug 30, 2018, at 01:15 pm
Buenos Aires, Aug 30 (IBNS): Argentina has asked for a quick release of $50 billion loan from the International Monetary Fund (IMF) in order to battle its soaring inflation.
Wholesale inflation eases to 5.09 percent in July
Aug 14, 2018, at 08:23 pm
New Delhi, Aug 14 (IBNS): Wholesale inflation has eased to 5.09 percent in July, as per government data released on Tuesday.
India's wholesale inflation rate stands at 5.77 per cent
Jul 16, 2018, at 07:39 pm
New Delhi, July 16 (IBNS): India's wholesale inflation rate stood at 5.77 per cent, as per the latest government data released on Monday.
Retail inflation moves up to 4.58 pct in April
May 15, 2018, at 12:23 am
New Delhi, May 14 (IBNS): Country's retail inflation move up to touch 4.58 per cent in April, official data released by the government on Monday said.
WPI Inflation in March eases to 2.47 per cent reports Union Ministry of Commerce and Industry
Apr 16, 2018, at 08:58 pm
New Delhi, Apr 16 (IBNS): The annual rate of inflation, based on monthly Wholesale Price Index (WPI), eased to 2.47 per cent (provisional) in March, 2018 (over March, 2017)from 2.48 per cent (provisional) for the previous month and 5.11 per cent during the corresponding month of the previous year, according to a release from the Union Ministry of Commerce and Industry
WPI inflation eases to 3.58% in December
Jan 16, 2018, at 01:25 am
New Delhi, Jan 15 (IBNS): India's wholesale price inflation eased to 3.5 percent in December, official data released by the government on Monday said.
India's retail inflation in December moves up to 5.21 pct
Jan 13, 2018, at 12:22 am
New Delhi, Jan 12 (IBNS): India's annual retail inflation rate has moved up to touch over the five per cent mark in December, government data released on Friday said.
Looming inflation to dash interest rate cut prospects; says ASSOCHAM
Nov 26, 2017, at 10:20 pm
New Delhi, Nov 26 (IBNS): As uncertainty and apprehension looms over crude oil prices and vegetables, mainly on the back of rising retail prices of onion and tomatoes, are disrupting the home makers’ budget, inflation would remain a key concern both for the RBI and the government dimming any hope of a cut in interest rates, the ASSOCHAM said on Sunday.
India's wholesale price inflation touches 3.59 percent in October
Nov 15, 2017, at 01:38 am
New Delhi, Nov 14 (IBNS): India's annual rate of inflation based on wholesale prices has moved up in October to touch 3.59 percent, official data released on Tuesday said.
Wholesale inflation drops to 2.6% in September
Oct 16, 2017, at 07:45 pm
Mumbai, Oct 16 (IBNS): Wholesale inflation dropped to 2.60% in September, government data released on Monday said.
Inflation is expected to rise from its current level, range between 4.2-4.6 per cent says RBI
Oct 04, 2017, at 09:02 pm
Mumbai, Oct 4 (IBNS): In its Fourth Bi-monthly Monetary Policy Statement, 2017-18, on Wednesday, the Monetary Policy Committee (MPC) of Reserve Bank of India decided to keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.0 per cent on the basis of an assessment of the current and evolving macroeconomic situation .
Retail inflation moves up to 3.36 percent in August
Sep 13, 2017, at 12:11 am
New Delhi, Sept 12 (IBNS): India’s annual consumer inflation reached 3.36 percent in August.
Inflation outlook to stay muted for more months: ASSOCHAM
Jul 18, 2017, at 02:10 am
New Delhi, July 17 (IBNS): With the country set to reap a record foodgrains production and the industry not enjoying any pricing power, the inflation outlook remains quite muted at least till festival season of Durga Puja and Diwali, an ASSOCHAM analysis has suggested.
June retail inflation eases to 1.54 percent
Jul 12, 2017, at 11:47 pm
New Delhi, July 12 (IBNS): India's Consumer price inflation eased to 1.54 per cent in June, as per the latest government data released on Wednesday.
Record inflation augurs perfectly well for GST launch: ASSOCHAM
Jul 03, 2017, at 09:37 pm
New Delhi, July 3 (IBNS): With retail prices growing by the slowest pace in the last four years by mere 2.18 per cent, it is the perfect time for the launch of the Goods and Services Tax (GST), from inflation point of view, as this particular macro fundamental is placed at an ideal position for the roll out of the country’s most ambitious tax reform, the ASSOCHAM has said.
April wholesale inflation increases 3.85 pct
May 12, 2017, at 11:22 pm
New Delhi, May 12 (IBNS): India's wholesale inflation or Wholesale Price Index (WPPI) for April increased by 3.85 percent for the dame month last year, government data released on Friday said.
India's Wholesale Price inflation sees a sharp rise in February
Mar 14, 2017, at 07:23 pm
New Delhi, Mar 14 (IBNS): February wholesale price inflation rose sharply to 6.55 per cent, from 5.25 per cent in the previous month, reported the Ministry of Commerce & Industry on Tuesday.
Indian benchmark indices end lower on Tuesday
Feb 14, 2017, at 09:41 pm
Mumbai, Feb 14 (IBNS): The Indian market drew to a lacklustre close on Tuesday with BSE Sensex down 12.31 points at 28339.31 and NSE Nifty down 12.75 points at 8792.30.
RBI cites inflation and global uncertainty for keeping rates unchanged
Feb 08, 2017, at 10:06 pm
Mumbai, Feb 8 (IBNS): The Reserve Bank of India (RBI) kept its repo rate, the rate at which RBI lends money to commercial banks, unchanged at 6.25 per cent, at its monetary policy meeting on Wednesday.
Jan 16, 2017, at 10:41 pm
Mumbai, Jan 16 (IBNS): The Indian market closed positive on Monday, with BSE Sensex up 50.11 points at 27288.17 and NSE Nifty up 12.45 points at 8412.80.
CPI-based inflation touches 4.2% in October
Nov 16, 2016, at 12:01 am
New Delhi, Nov 15 (IBNS): The consumer price index-based inflation of India moved down at 4.2 percent in October, official data released on Tuesday said.
WPI-based annual inflation eases to 3.57 per cent in September
Oct 14, 2016, at 09:20 pm
New Delhi, Oct 14 (IBNS): The Union Ministry of Commerce & Industry, on Friday, published the official Wholesale Price Index for ‘All Commodities’ (Base: 2004-05=100) for September, 2016, which declined by 0.2 percent to 182.8 (provisional) from 183.1 (provisional) for the previous month.
Raghuram Rajan warns of inflation risks during the third Bi-monthly Monetary Policy Statement
Aug 09, 2016, at 09:43 pm
Mumbai, Aug 9 (IBNS): In the last monetary policy presentation of his term, the Third Bi-monthly Monetary Policy Statement, 2016-17, Reserve Bank of India Governor Raghuram Rajan said on Tuesday that inflation projections as given in the June bi-monthly statement, i.e. of a central trajectory towards 5 per cent by March 2017 with risks tilted to the upside are retained and that In view of this configuration of risks, it is appropriate for the Reserve Bank to keep the policy repo rate unchanged at this juncture, while awaiting space for policy action.
Raghuram Rajan says monetary policy committee a momentous step to fight against inflation
Jun 20, 2016, at 11:05 pm
Mumbai, June 20 (IBNS) RBI Governor Raghuram Rajan on Monday said setting up of the independent monetary policy committee (MPC) as a 'momentous step' taken by the government to fight against inflation.
Procurement of Rabi pulses reaches 64,000 MT
Jun 14, 2016, at 08:32 pm
New Delhi, Jun 14 (IBNS): Union Ministry of Consumer Affairs, Food & Public Distribution announced on Tuesday that procurement of Rabi pulses has reached to 64,000 MT as on June 13, 2016 and together with earlier procurement of 51,000 MT of Kharif, total domestic procurement of pulses by government agencies has reached to 1, 15,000 MT.
Official Index Numbers of Wholesale Price in India published
Jun 14, 2016, at 06:02 pm
New Delhi, Jun 14 (IBNS): Union Ministry of Commerce & Industry has published the official Index Numbers of Wholesale Price in India (Base: 2004-05=100) Review for the month of May, 2016, on Tuesday.