Call for 'proactive' steps in Budget as IIP dips, inflation rises

Last Updated: Thursday, February 12, 2015, 22:18

Reflecting sluggishness in the economy, the IIP growth has slipped to 1.7 percent in December month-on-month, while inflation rose to 5.11 percent in January.

January CPI inflation at 5.11%

Last Updated: Thursday, February 12, 2015, 17:36

January CPI inflation rose to 5.11 percent as against 4.28 percent month on month, government data said on Thursday.

New retail inflation series to be released today

Last Updated: Thursday, February 12, 2015, 08:24

The first series (revised) has been compiled for January which will be released on February 12.

RBI may ease rates further: Chief Economic Advisor

Last Updated: Monday, January 26, 2015, 14:02

Lauding RBI's role in helping bring down inflation, Chief Economic Advisor Arvind Subramanian said the central bank may further ease the interest rates as improvement on price front has opened the space for monetary easing.

Modi committed to achieving budget deficit goal

Last Updated: Friday, January 16, 2015, 23:13

Prime Minister Narendra Modi said on Friday he was committed to meeting this year`s budget deficit target, welcoming a cut in interest rates by the Reserve Bank of India on the back of falling inflation.

India Inc wants rate cut, says inflation likely to remain low

Last Updated: Wednesday, January 14, 2015, 18:03

Reversing a six month declining trend, WPI inflation moved up marginally to 0.11 per cent in December mainly due to increase in prices of food items.

Inflation cools to zero, but not good enough for rate cut

Last Updated: Wednesday, December 31, 2014, 12:02

It so happened in 2014 that inflation hit a perfect-zero for wholesale prices and the retail one also more than halved to 4.4 percent, still it was not good enough for the much-awaited cut in interest rates.

Economy to grow 5.5% this fiscal: Government

Last Updated: Friday, December 19, 2014, 16:38

"Investment is yet to pick up significantly. But on the upside inflation has come down dramatically...The year (2014-15) could end with growth around 5.5 percent," it said.

Economy to grow at 5.5% this fiscal: Government

Last Updated: Friday, December 19, 2014, 13:41

The government's mid-year economic review has pegged the likely GDP growth rate for 2014-15 at 5.5 percent.

Retail inflation falls to record low of 4.38% in November

Last Updated: Friday, December 12, 2014, 17:53

The Consumer-Price Index (CPI) based retail inflation fell to 4.38 percent in November as compared to 5.52 percent in October.

RBI, government to discuss timeline for 2-6% inflation target

Last Updated: Friday, December 12, 2014, 11:29

"Going forward, we will discuss an appropriate timeline with the government in which the economy should move to the centre of the medium term inflation band of 2-6," Rajan said in a lecture at an industry event.