Inflation back in positive zoneSeptember 17th, 2009 NEW DELHI - India's inflation was 0.12 percent for the week ended Sep 5, data released by the government showed Thursday. The inflation figure has climbed back into positive territory after 13 weeks.
Reserve Bank engaged in keeping inflation lowAugust 31st, 2009 NEW DELHI - Reserve Bank of India's Deputy Governor K C Chakrabarty on Monday said the bank is faced with the challenging task of keeping inflation in check, when food price inflation has already reached around 10 percent. "The food price inflation is already around 10 percent.
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 increases by -1.17 percentJuly 23rd, 2009 NEW DELHI - The rate of inflation has increased to -1.17 percent for the week ended July 11 against the -1.21percent in the previous week. India's annual rate of inflation turned negative for the week ended June 6 for the first time since the new wholesale price index (WPI) series started in 1995.
India's inflation minus 1.30 percent nowJuly 2nd, 2009 NEW DELHI - India's annual rate of inflation fell to minus 1.30 percent for the week ended June 20, according to official data released here Thursday. The rate of inflation for the week ended June 13 was at minus 1.14 percent.
India's inflation rate rises marginallyJune 25th, 2009 NEW DELHI - India's annual rate of inflation rose 0.6 percent for the week ended June 13, official data released here Thursday. The rate of inflation for the week stood at minus 1.14 percent as against minus 1.61 percent for the week ended June 6.
Oil drifts above $71 in Asia near 8-month high as investors eye inflation threatJune 19th, 2009 Oil drifts above $71 as investors eye inflationSINGAPORE — Oil prices hovered above $71 a barrel in Asia Friday amid concerns that massive U.S. fiscal spending will spark inflation down the road, making oil and other commodities attractive hedges.
Philippine inflation declines to 4.8 percent in April as food prices fallMay 5th, 2009 Philippine inflation dips to 4.8 percent in AprilMANILA, Philippines — The Philippines' inflation rate slid to 4.8 percent in April from 6.4 percent in March due to lower food prices, the central bank announced Tuesday. The figure brings year-to-date inflation to 6.4 percent, down from 6.9 percent in March — well within the 4.5-5.4 percent forecast, central bank officer-in-charge Armando Suratos said.
India expects resilient economy to grow at 6 percentApril 25th, 2009 WASHINGTON - Notwithstanding several challenges, the Indian economy remains resilient and is expected to grow at around 6 percent in 2009-10 with fiscal and monetary stimulus measures cushioning the downturn, global finance leaders were told here Saturday. 'On balance, with the assumption of normal monsoon, real GDP growth for 2009-10 is placed at around 6.0 percent,' Reserve Bank of India Governor Duvvuri Subbarao said as the International Monetary Fund and World Bank begin their twice-yearly meetings.
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.
Markets slip further despite low inflationMarch 5th, 2009 MUMBAI - Indian equities slipped further Thursday afternoon despite cooling inflation numbers. About 90 minutes before close, a key index was 2.99 percent lower than its previous close.
India's inflation rate falls to 3.03 percent, a six-year lowMarch 5th, 2009 NEW DELHI - India's annual rate of inflation fell to 3.03 percent for the week ended Feb 21 from 3.36 percent the week before, official data showed Thursday. It was the fifth consecutive week during which the inflation rate fell, to a six-year low.
Inflation rate drops again, now at 5.91 percentJanuary 8th, 2009 NEW DELHI - India's annual rate of inflation continued its downward trend, falling further to 5.91 percent for the week ended Dec 27, from 6.38 percent the week before, official data released Friday said. The inflation rate was 3.83 percent during the corresponding week the previous year.
Inflation drops further to 6.38 percentDecember 31st, 2008 NEW DELHI - India's annual rate of inflation dipped further to 6.38 percent for the week ended Dec 20 from 6.61 percent the week before, official data released Thursday said. The inflation rate was 3.74 percent during the corresponding week the previous year.
Fall in inflation fails to cheer up marketsDecember 25th, 2008 MUMBAI - Despite a further ease in inflation, Indian equities markets continued their downward trend Friday, with a key index shedding about 240 points over its previous close. The sensitive index (Sensex) of the Bombay Stock Exchange (BSE) closed at 9,328.92 points, down 239.8 points or 2.51 percent from its previous close of 9,568.72 points.