Last Updated: Thursday, December 12, 2013, 19:25
Reserve Bank of India (RBI) Governor Raghuram Rajan on Thursday said the economy was weaker than the central bank would like, but added inflation was also higher than what it was comfortable with.
Last Updated: Tuesday, November 12, 2013, 12:06
Inflation is forecast to have risen to uncomfortable levels for policymakers in October due to stubbornly high food prices, adding to the pressure for further interest rate rises despite slowing economic growth.
Last Updated: Thursday, September 19, 2013, 16:15
A sharp hike in the price of onions has brought tears to the eyes of people. Onions are now costing nearly 300 percent more this month than in the same month last year.
Last Updated: Thursday, July 4, 2013, 18:01
The overall fiscal and inflationary consequences of the Food Security Bill for the country are "large" and will become clear from the next fiscal year, a report by Nomura Holdings said.
Last Updated: Tuesday, June 25, 2013, 19:35
India has emerged as a strong player in helping cool down global food prices by exporting major farm commodities like rice and wheat, Agriculture Minister Sharad Pawar said Tuesday.
Last Updated: Tuesday, June 25, 2013, 17:12
India has emerged as a strong player in helping cool down global food prices by exporting major farm commodities like rice and wheat, Agriculture Minister Sharad Pawar said on Tuesday.
Last Updated: Monday, June 17, 2013, 13:54
Expressing concerns over price situation, the RBI Monday said expensive food items like cereals and vegetables has continued to put pressure on overall inflation rate.
Last Updated: Wednesday, June 12, 2013, 11:30
Food prices for consumers rose an annual 10.65 percent in May, slightly faster than an annual rise of 10.61 percent in April.
Last Updated: Thursday, June 6, 2013, 22:07
Food prices will remain high even as average inflation is expected to moderate to around 5.5 percent this fiscal, a senior official of RBI said Thursday.
Last Updated: Thursday, March 28, 2013, 14:42
Global food prices continued to decline for six consecutive months, but still remain very high and close to their historical peaks, the World Bank said.
Last Updated: Saturday, November 3, 2012, 00:16
In the wake of high food prices and challenges in ensuring food security to the poor around the world, India has called for concerted efforts in improving global commodity markets regulation to check excessive speculation and volatility.
Last Updated: Tuesday, October 23, 2012, 20:10
The chamber also said the rise in essential commodity prices and per capita income was utterly disproportionate.
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