Tag: inflation
Banks Will Decide If To Lower Interest Rates: Jaitley
Sounding a note of caution on the inflationary impact of rising global crude oil prices ahead of the RBI's final monetary policy review of the fiscal, Finance Minister Arun Jaitley on Monday said that lowering interest rates is a decision entirely in the domain of banks.....
January Inflation Eases To 5.07%, December IIP Lower At 7.1%
A slight easing of food prices helped lower India's retail inflation in January to 5.07 per cent even as factory production growth slowed somewhat in December to 7.1 per cent, according to official data on Monday.....
India's Wholesale Inflation Rises To 3.18 Per Cent In April
Wholesale price-indexed (WPI) inflation in India during April stood at 3.18 per cent from 2.47 per cent in the previous month, official data showed here on Monday.....
India's WPI Eases To 5.09% In July
India's annual rate of inflation based on wholesale prices eased to 5.09 per cent in July from a rise of 5.77 per cent in June, official data showed here on Tuesday.....
RBI Keeps Policy Rate Intact; Stance Unchanged
In its penultimate monetary policy review of the current fiscal, the Reserve Bank of India (RBI) on Wednesday kept its key lending rate for commercial banks unchanged at 6.5 per cent for the second time in succession.....
India's December Wholesale Inflation Eases To 3.80%
India's annual rate of inflation based on wholesale prices eased to 3.80 per cent in December 2018 from 4.64 per cent in November, official data showed here on Monday.....
India's January WPI Eases To 2.76 Per Cent
India's annual rate of inflation based on wholesale prices eased to 2.76 per cent in January from 3.02 per cent reported for the corresponding month of 2018, official data showed on Thursday.....
RBI Slashes Lending Rate By 35 Bps To 5.40%
The Reserve Bank of India on Wednesday broke with convention by reducing its key lending rates by 35 basis points which is expected to make home and auto loans cheaper and rev-up the economy by unleashing consumption.....
Cheaper Fuel, Food Cost Eases India's July WPI To 1.08%
Lower prices of key transportation fuels along with food articles eased India's annual rate of inflation based on wholesale prices to 1.08 per cent in July from 2.02 per cent in June.....
Centre To Take Call On Onion Imports As Prices Surge
With supplies running short and onion prices at Rs 80 a kg, the Consumer Affairs Ministry said on Tuesday that the government will act as a facilitator for onion imports to ease the process and ensure a quick and healthy supply from other countries. ....
