With food inflation turning negative in December, the Prime Minister's Economic advisory panel today made a case for reduction of interest rates by the Reserve Bank in its monetary policy
Worried over rising prices, Finance Minister Pranab Mukherjee today said the government has to tackle the supply side constraints, a major reason for double digit food inflation. "I am worried
With food inflation falling to a single-digit for the week ended August 27, Finance Minister Pranab Mukherjee today expressed hope that it would moderate further after the end of the
US President Barack Obama today highlighted the need to develop biofuels out of things that do not involve fuel chain, arguing that increase in demand from India and China would
Consumers are likely to feel the pinch of rising food prices in the upcoming festive season, as erratic rainfall in growing areas and thin stocks coupled with high demand could
Planning Commission Deputy Chairman Montek Singh Ahluwalia today said he expects the monsoon rains and good macro management of the sector to bring down high food prices to "reasonable levels"
Rising food and fuel prices are taking the wind out of the global economy's recovery this year, the World Bank has said, cutting its forecast for global growth.
The Bank
India's headline inflation eased in April on lower manufacturing prices but the prospect of rising energy costs will keep pressure on the central bank to raise rates in June.
The
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