Declining economic growth rate will moderate inflationary pressure and prompt the Reserve Bank to lower interest rate, ratings agency Fitch has said.
"The cyclical downturn could help further ease inflation,
Finance Minister Pranab Mukherjee today said that although food inflation has come down drastically, inflationary pressures were still visible in the manufacturing sector. "Food inflation has come down but it
The Reserve Bank of India today said inflation, which is showing signs of moderation, remains a concern in view of volatile crude prices in international markets and widening fiscal deficit.
The Reserve Bank today said inflation, which has shown signs of moderation last month, is still a cause for concern and is likely to be around 7 per cent by
Declining inflation will provide more flexibility to the Reserve Bank to ease tight monetary stance for stimulating economic growth, said Planning Commission Deputy Chairman Montek Singh Ahluwalia.
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Inflation in manufactured goods remains a matter of concern despite a marginal decline in December, finance minister Pranab Mukherjee today said, expressing hope that the overall rate of price rise
Headline inflation fell to a two-year low of 7. 47 per cent in December 2011 on cheaper food items a factor which may prompt the Reserve Bank to cut
Expressing satisfaction over the fall in food prices for the second week in a row, Finance Minister Pranab Mukherjee said if the trend continues for some more time, overall inflation
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