Contraction deepens: August WPI inflation falls to -4.95%

Last Updated: Monday, September 14, 2015, 12:16

The WPI inflation for the month of August stood at -4.95 percent for the month of August, 2015 (over August, 2014) as compared to -4.05 percent for the previous month and 3.85 percent during the corresponding month of the previous year, according to the data released by the government.

Rajan best man to decide on rates; better than Govt too: Rahul Bajaj

Last Updated: Wednesday, September 9, 2015, 18:23

"The best person in India today to decide (on rate cuts) is the present Governor of RBI... He knows better than the government, he wants to control inflation," Bajaj Auto Chairman said.

Moody's to govt: Push reforms, stabilise inflation for upgrade

Last Updated: Tuesday, August 25, 2015, 17:51

Global agency Moody's on Tuesday said it will upgrade India's rating if the government is able to push through reforms, inflation stabilises, regulatory environment improves and infrastructure investment rises.

RBI will take note of falling inflation: Jaitley

Last Updated: Tuesday, August 18, 2015, 23:02

Making a case for interest rate cut, Finance Minister Arun Jaitley Tuesday hoped that RBI will take note of the declining inflation and take a decision accordingly.

Hope to announce 1 set of bank licenses by month-end: Raghuram Rajan

Last Updated: Tuesday, August 4, 2015, 11:28

Rajan said that RBI is talking to the government for medium term framework for FPI limits in debt securities.

Price rise limited to few commodities, not all: Paswan

Last Updated: Thursday, July 9, 2015, 20:43

The government on Thursday said the price rise is limited to a few commodities like pulses and not all, and there is "wrong perception" that there is inflation in every food item.

Modi seeks quick boost to irrigation as drought looms

Last Updated: Monday, June 8, 2015, 15:29

This year, the rains are forecast to be 88 percent of the long-term average, which could drastically crimp farm output.

Govt ready with steps to tackle deficient monsoon: Agriculture Minister

Last Updated: Wednesday, June 3, 2015, 15:41

Due to poor monsoon, agriculture growth stood at 0.2 percent in the 2014-15 fiscal.

RBI's 0.25% rate cut not enough to propel growth: India Inc

Last Updated: Tuesday, June 2, 2015, 16:24

Welcoming the 0.25 percent rate cut by RBI, India Inc on Tuesday said it is still not enough to spur demand and propel industrial growth.

RBI cuts repo rate by 0.25% to 7.25%; home, auto loans to become cheaper

Last Updated: Tuesday, June 2, 2015, 14:01

EMIs on home and auto loans will come down with SBI and other banks cutting lending rates within hours of RBI Tuesday slashing policy rate by 0.25 percent for the third time this year.

RBI cautions against hasty overhaul of financial regulation

Last Updated: Tuesday, June 2, 2015, 12:36

The governor of the Reserve Bank Of India (RBI) said on Tuesday the finance ministry and the central bank agreed on the need for a separate public debt management office, but cautioned against moving in haste to overhaul financial regulation.