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RBI holds the Policy Rate 01 April 2014
The Reserve Bank of India on Tuesday held the Repo Rate unchanged at 8 percent in the bank's Monetary Policy Review. RBI Governor Raghuram Rajan has raised the repo rate three times by a total of 75 basis points since...
Keywords: Raghuram Rajan, Raghuram Rajan, Business News, Reserve Bank of India
Read More Failed Attempt: Thief says sorry! 23 December 2014
Have you ever heard about a thief apologising. Here is a thief from Noida who broke into a bank but could not manage to rob the money, finally said sorry for his desperate attempt. The thief left a hand written...
Keywords: Noida police, Canara Bank Noida branch, Canara Bank, thief says sorry
Read More Inflation at 5 years low 15 September 2014
The Wholesale Price Inflation [WPI] eased to a near five-year low of 3.74 per cent in August which eased the pressured on NDA government. Decline in fuel prices led to this figures and analysts predict that inflation will come down...
Keywords: Stock markets, car loans, Stock markets, Inflation
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India’s inflation rate coming down 14 September 2015
According to the recent data released by the commerce and industry ministry, the annual rate of inflation stood at 3.85 percent in the corresponding month of the previous year. In August, the inflation rate in the country, which is based...
Keywords: India inflation rates in 2015, India inflation rates in 2015, India inflation rates in 2015, 2015 inflation rates
Read More Inflation declines to 5% in January 14 February 2014
Wholesale Inflation came down drastically to a seven month low of 5.05 percent in January compared to a rise of 6.16 per cent in December. Vegetables Inflation registered at 16.60 per cent, compared to 57.33 per cent in December however...
Keywords: Reserve Bank of India, India Business News, Policy rate by RBI, Reserve Bank of India
Read More Government Pays Price For Price Rise- Chidambaram 11 December 2013
The Union Finance Minister Chidambaram admitted in the Delhi Economic Conclave in New Delhi that the current inflation caused Congress Government loose elections in four states. He said, "It is common knowledge that the government of the day will pay...
Keywords: Chidambaram at Delhi Economic Conclave, Essential Commodities Act, New Delhi, Essential Commodities Act
Read More Don't eat Onions: Supreme Court 11 January 2014
The Supreme Court of India on Friday shocked every one by saying to stopping eating Onions for two months and then automatically the price will come down. A bench headed by Justice BS Chauhan dismissed the Public Interest Litigation (PIL)...
Keywords: Supreme Court of India, stopping eating Onions, BS Chauhan, PIL on Onions
Read More Sensex gains 300 points 17 June 2014
It was a relief for the stock markets as they closed with gaining over 300 points. With Iraq crisis, the markets were completely down and the inflation added fuel to the fire. However, RBI Governor Raghuram Rajan's response on inflation...
Keywords: Rupee, Iraq crisis, inflation, Iraq crisis
Read More Inflation at 5 year low 14 October 2014
The wholesale price inflation [WPI] hit 5 year low in September month at 2.38 per cent and as per government data, the food inflation fell to a nearly two-and-half year low of 3.52 per cent. Vegetables, milk, eggs, meat and...
Keywords: Reserve bank of india, petrol price, diesel price, vegetable prices
Read More Inflation drops further in February 14 March 2014
Inflation fell to nine-month low of 4.68 per cent in February. The food inflation, based on Wholesale Price Index (WPI) is down to 8.12 per cent in February, compared to 8.8 per cent in the previous month. The overall inflation...
Keywords: Inflation, Inflation drops further in February, Fruits and Milk inflation, Inflation drops further in February
Read More Inflation hits five months high 16 June 2014
The Wholesale Price Inflation rose to 6.01 per cent for the May month said the government data on Monday. This is driven by higher food and fuel costs and with Iraq crisis, India is likely to face more tough situations...
Keywords: India Business news, India Business news, Business News, Inflation hits five months high
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Deflationary Trend Energising Market Conditions 16 March 2015
Inflation levels based on the WPI (Wholesale Price Index) continued to be India’s happy news as it falls from -0.39% to -2.06%. Global crude oil prices still are on its weaker level, which is catalyzing the Indian Economy as we...
Keywords: Taming Inflation, Indian economy importance, Indian economy importance, WPI inflation stands at
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RBI cuts repo rate by 25 bps ahead of schedule 04 March 2015
Raghuram Rajan, governor, Reserve Bank of India (RBI), seems to be enjoying by surprising the markets by cutting rates unannounced and ahead of monetary policy reviews. The Bank has cut rates by 25 basis points on Wednesday morning bringing the...
Keywords: RBI, repo rates, inflation, repo rates
Read More Costlier onions not wiping anyone's tears 17 September 2013
Onions just got dearer. Many reasons have been blamed for the soaring prices of one of the most loved ingredients in everyone's curry. However, this curry is turning out to be a luxury. Latest reports indicate that onion prices have...
Keywords: Onion prices soar further, RBI Governor Raghuram Rajan, inflation, Onion prices
Read More Inflation drops in June 14 July 2014
The Wholesale price Index [WPI] based Inflation dropped to four-month low in June to 5.43 percent. Government data showed food prices increased by 8.14 per cent in June this year as compared to a jump of 10.27 per cent in...
Keywords: Wholesale price Index, Wholesale price Index, Inflation drops in June, Inflation dropped to four-month low
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Who’s who - Modi government, RBI 07 March 2015
Narendra Modi government and the Reserve Bank of India (RBI) remain at odds over how crucial decisions are to be made. Both have agreed this week to formally adopt inflation targeting as a guiding star for monetary policy. Both sides...
Keywords: inflation, inflation, Finance minister, Finance minister
Read More RBI hikes interest rates unexpectedly to stem inflation 29 January 2014
The Reserve Bank of India (RBI) on Tuesday increased the Repo Rate from 7.75% to 8 by a margin of 0.25% in the policy meeting. This is third hike from the new governor of RBI Raghuram Rajan ever since he...
Keywords: RBI hikes interest rates, governor of RBI Raghuram Rajan, RBI, governor of RBI Raghuram Rajan
Read More Inflation drops to 5-month low 15 January 2014
India's inflation eased to a five-month low in December on lower vegetable prices. The wholesale price index (WPI), India's main inflation indicator, recorded an annual 6.16 percent last month, its slowest pace since July 2013. The vegetable prices have fallen...
Keywords: Monetary policy of RBI, Inflation in December, RBI, India Business News
Read More Inflation at 5years low 14 November 2014
The Wholesale Price Inflation stood at 1.77 percent for the October which marks the lowest in last five years while the food inflation fell to a nearly two and half years low of 2.7 percent. This fifth consecutive drop of...
Keywords: food inflation, Inflation, food inflation, RBI Policy Review
Read More India could face drought this year 05 July 2014
Indian Meteorological Department [IMD] said the monsoon rainfall in the country a whole during June 2014 was below normal by 43 per cent and there are 80 percent chances of drought. A rivate weather forecaster Skymet also reported the same...
Keywords: Monsoon in India, IMD, rainfall in India, rainfall in India
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