Keeping inflation low is key to growth: Rajan
Under pressure to cut interest rates to lower cost of capital, RBI Governor Raghuram Rajan today said keeping inflation low is the key task for sustainable economic growth of the country.
Sep 18, 2015, 14:10 PM IST
Rajan says faltering US, global economy behind Fed delay
RBI Governor Raghuram Rajan on Friday said that limping global growth coupled with uncertainty about US growth probably compelled US Fed to stay on hold.
Sep 18, 2015, 11:00 AM IST
India aims for 8-10% non-inflationary GDP growth: Jayant Sinha
The government is aiming for an 8-10 percent annual economic growth through supply-side measures to increase the capacity of Asia`s third-largest economy rather than risk higher inflation by stimulating demand, Jayant Sinha, the Minister of State for Finance, said.
Sep 17, 2015, 11:29 AM IST
Contraction deepens: August WPI inflation falls to -4.95%
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.
Sep 14, 2015, 12:16 PM IST
Price rise limited to few commodities, not all: Paswan
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.
Jul 09, 2015, 20:43 PM IST
Modi seeks quick boost to irrigation as drought looms
This year, the rains are forecast to be 88 percent of the long-term average, which could drastically crimp farm output.
Jun 08, 2015, 15:29 PM IST
Govt ready with steps to tackle deficient monsoon: Agriculture Minister
Due to poor monsoon, agriculture growth stood at 0.2 percent in the 2014-15 fiscal.
Jun 03, 2015, 15:41 PM IST
RBI likely to cut rates for third time this year as inflation eases
India is the fastest-growing major economy in the world, outstripping China, but economists say the data is not consistent with other indicators showing slack in Asia`s third largest economy.
Jun 01, 2015, 13:24 PM IST
CEA pitches for rate cut by RBI, competitive rupee
Citing low inflation and under control fiscal deficit, Chief Economic Advisor Arvind Subramanian on Tuesday pitched for a rate cut by the Reserve Bank at its monetary policy review meeting next week.
May 26, 2015, 18:32 PM IST
March CPI likely edged up for fourth month
While inflation has steadily accelerated from a record low of 4.38 percent struck in November it remains below the 6.0 percent upper end of the central bank`s target range.
Apr 13, 2015, 09:38 AM IST
Economy to grow 6.5% in 2016 on better macro conditions: Report
The Indian economy is likely to grow around 6.5 per cent in 2016 as macroeconomic conditions seem to be improving on the back of lower crude prices and easing inflation, says a McKinsey & Company report.
Mar 10, 2015, 15:32 PM IST
Inflation targeting 'credit positive' for India: Moody's
In a major boost to India's sovereign outlook, Moody's on Thursday said the new 'inflation targeting' mechanism is a "credit positive" move and it would make RBI's monetary policy tools much more effective.
Mar 05, 2015, 10:49 AM IST
CSO briefs RBI governor on new GDP calculation method
The Ministry of Statistics & Programme Implementation (MOSPI) has briefed the RBI Governor Raghuram Rajan about the new method which the government has started for calculating economic growth and inflation figures.
Feb 18, 2015, 15:50 PM IST
India's wholesale inflation declines to a 66 month low
Inflation dropped to a five and a half year low of - 0.39 per cent in January due to falling oil prices.
Feb 16, 2015, 18:17 PM IST
India's wholesale inflation declines
Manufactured products` inflation rose to 1.05 percent in the month under review from a rise of 2.96 percent in January, 2014
Feb 16, 2015, 18:02 PM IST
Inflation dips into negative at -0.39% in January
Inflation data based on wholesale price index (WPI) in January stood at -0.39 percent as against 0.11 percent last month, government data showed on Monday.
Feb 16, 2015, 12:14 PM IST
StanChart lowers FY16 inflation target; expects 75bps rate cut
Of the total, 50 basis points cut is expected within a couple of months, said the Standard Chartered report.
Feb 15, 2015, 10:36 AM IST
Call for 'proactive' steps in Budget as IIP dips, inflation rises
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.
Feb 12, 2015, 22:18 PM IST
January CPI inflation at 5.11%
January CPI inflation rose to 5.11 percent as against 4.28 percent month on month, government data said on Thursday.
Feb 12, 2015, 17:36 PM IST
New retail inflation series to be released today
The first series (revised) has been compiled for January which will be released on February 12.
Feb 12, 2015, 08:24 AM IST
