Tag: inflation

Falling for the third straight day, the Sensex at the Bombay Stock Exchange declined 48 points, or 0.2 percent, to close at 29,414, on Monday. The Sensex had gained 33 points at the day's high, and shed 98 points at the day's low. The Sensex has now lost over 370 points in three trading sessions. The Nifty at the National Stock Exchange fell 12 points, or 0.1 percent, to 9,139. But the broader market outperformed, with the BSE Midcap index rising 0.3 percent and the Smallcap index gaining 0.5 percent. ....

The Uttar Pradesh cabinet on Tuesday approved the GST Bill ahead of introducing it in the forthcoming assembly session so that the new tax regime could be rolled out from July 1, state government spokesperson and Minister Siddharthanath Singh said.....

Industry body Confederation of Indian Industry (CII) on Thursday predicted that India's economic growth rate for 2017-18 will range between 7.5 and eight per cent. ....

India's annual rate of inflation based on wholesale prices eased to 4.64 per cent in November from 5.28 per cent in October, official data showed here on Friday.....

Lower prices of key transportation fuels along with those of manufactured products eased India's annual rate of inflation based on wholesale prices to 0.33 per cent in September from 1.08 per cent in August. ....

IMF has cautioned that if inflationary pressure continues, there will be limited room for RBI to cut interest rates to support growth.....

An unfavourable base effect, along with higher prices of food items and those of primary articles, accelerated India's annual rate of inflation based on wholesale prices to a 7-month high of 2.59 per cent in December from 0.58 per cent in November.....

Bahujan Samaj Party (BSP) National President Mayawati on Saturday paid tribute to Sant Ravidas and greeted the people of Uttar Pradesh on the occasion of Sant Ravidas Jayanti. She also appealed to the Central government to provide relief to the common man by controlling inflation. ....

RBI Governor Shaktikanta Das has said that the resurgence of inflation in May and June reignited the debate on monetary policy response. ....

The Reserve Bank of India (RBI) has reduced the retail inflation projection for the ongoing financial year to 5.3 per cent from the previous estimate of 5.7 per cent. ....