Inflation turns positive after 13 weeksSeptember 17th, 2009 MUMBAI - The country's annual rate of inflation turned positive, rising to 0.12 percent during the week ended on September 5, for the first tine in 13 weeks. According to a Commerce and Industry Ministry release, the price rise stood at minus 0.12 per cent in the previous week.
Growth rate can go beyond 6 percent: Pranab MukherjeeAugust 28th, 2009 NEW DELHI - Union Finance Minister Pranab Mukherjee on Friday said that India may be able to attain over six per cent growth rate in the current fiscal. "In the last five years, the GDP growth rate was eight per cent.
Inflation rises to - 1.53 percentAugust 20th, 2009 NEW DELHI - The rate of inflation has increased to - 1.53 percent for the week ended August 8 against the - 1.74 percent in the previous week. It rose despite increase in prices of food articles.
Inflation falls to (-) 1.58 percentAugust 6th, 2009 NEW DELHI - India's wholesale price index (WPI) fell (-) 1.58 percent in the last 12 months on the week ended July 25. With this inflation remained in the negative from the eighth consecutive weeks.
Inflation eases to -1.54 percentJuly 30th, 2009 NEW DELHI - After a marginal hike in two consecutive weeks inflation fell to (-) 1.54 per cent for the week ended July 18 even as essential food items like cereals, pulses, fruit and vegetables continued to remain expensive. Inflation stood at (-)1.17 per cent in the previous week.
Reserve Bank of India leaves key rates steadyJuly 28th, 2009 NEW DELHI - The Reserve Bank of India (RBI) on Tuesday kept the key rates unchanged and said that there are progressive signs of recovery with positive industrial production and optimistic business confidence. The RBI left its lending rate steady at 4.75 per cent, its lowest in nine years, and its reverse repo rate, at which it absorbs surplus cash from the banking system, unchanged at 3.25 per cent.
Inflation rate rises marginally, still in negativeJuly 16th, 2009 NEW DELHI - Inflation on Thursday rose marginally to (-) 1.21 per cent for the week ending July 4 against (-) 1.55 per cent in the week before according to official data released here on Thursday. The marginal rise was mainly due to government decision to raise fuel prices of petrol and diesel by Rs 4 and Rs 2 per litre, respectively.
Inflation further dips to -1.55 per centJuly 9th, 2009 MUMBAI - Inflation dipped to minus 1.55 per cent for the week ended June 27 from -1.30 per cent in the previous week. The fall in inflation has been reported despite increase in the prices of food items like pulses, fish marine, fruit and vegetables.
Inflation reaches below zeroJune 18th, 2009 MUMBAI J - India's wholesale price index fell for the first time in thirty years and reached 1.61 percent for the week ended June 6. It was worse than a median forecast of an annual fall of 1.52 percent.
Inflation rate up to 0.26 percentApril 23rd, 2009 NEW DELHI - The rate of inflation in India for the week ended April 11 rose marginally to 0.26 percent, from 0.18 percent a week earlier, a government data showed on Thursday. The inflation rate, as measured by the wholesale price index, was 7.95 per cent during the corresponding week of the previous year.
Inflation rate in India close to zeroApril 16th, 2009 NEW DELHI - The rate of Inflation in India for the week ended April 4 fell to a 30-year low of 0.18 percent, from 0.26 percent a week earlier, government data showed on Thursday. However, the prices of a number of food articles such as pulses, cereals, processed fish, common salt, tea, coffee, tobacco, soft drinks and liquor increased.
nflation rates falls further to 0.27 per centMarch 26th, 2009 NEW DELHI - The rate of inflation for the week ended March 14 fell further to 0.27 percent, from 0.44 per cent a week earlier, government data showed on Thursday. However, the prices of some essential commodities like cereals and vegetables have risen during the period.
Inflation rate drops to a six-year low of 2.43 per centMarch 13th, 2009 NEW DELHI - Inflation has fallen to a more than a six-year low of 2.43 per cent for the week ended February 28, against the previous week's 3.03 per cent, government data showed on Thursday. The annual inflation rate was 6.21 per cent during the corresponding week of the previous year.
Inflation rate drops again, now at 5.24 percentJanuary 14th, 2009 NEW DELHI - India's annual rate of inflation fell further to 5.24 percent for the week ended Jan 3 from 5.91 percent the week before, official data released here Thursday said. The inflation rate was 4.26 percent during the corresponding week the previous year.
Inflation rate continues dip, drops to 6.61 percentDecember 25th, 2008 NEW DELHI - India's annual rate of inflation continued its downward trend, dipping to 6.61 percent for the week ended Dec 13 as compared to 6.84 percent the week before, official data released Friday said. The wholesale price index (WPI) for all commodities declined 0.2 percent to 230.7 (provisional) from 231.1 (provisional) the previous week.
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