Free Press Journal
  • RBI will keep low inflation in mind while deciding rates: FM

    New Delhi, Finance Minister Arun Jaitley today expressed hope that the Reserve Bank will keep in mind the decline in retail inflation while deciding on interest rates at its policy review meeting on October 4.

  • WPI inflation hits 2-year high of 3.74% in August

    New Delhi : Wholesale inflation soared to a two-year high of 3.74 per cent in August mainly on account of uptick in prices of pulses and some manufactured items, prompting the industry to step up its demand for structural reforms to deal with the price situation.

  • raghuram rajan

    Rate cut possible only if inflation eases: Rajan

    Mumbai : Inflation projections are still at the upper limit of Reserve Bank’s target and the policy rate can be cut only if inflation eases, outgoing Governor Raghuram Rajan said on Monday.

  • Sensex sheds 88 points

    Mumbai : Market benchmark Sensex declined 88 points to close at 28,064.61 today as investors cut down their bets after industrial output growth slowed down to 2.1 per cent in June and inflation hits two-year high.

  • We brought inflation down to 6%: Modi

    New Delhi: Prime Minister Narendra Modi on Monday said the government had brought down the annual inflation rate to below 6 per cent and was now working with the Reserve Bank of India (RBI) to bring it to 4 per cent, the plus-minus 2 percentage points range.

  • Rahul-Gandhi

    Rahul Gandhi targets Modi government over price rise

    New Delhi: Congress Vice-President Rahul Gandhi on Thursday charged the Narendra Modi government with gross failure to keep prices of essential commodities under control. Gandhi also challenged Prime Minister Modi to announce a date by which the prices of essential commodities like dal and vegetables will decrease.

  • Show me how inflation is low: Rajan on ‘dialogues’ by critics

    Mumbai: Taking his critics head-on, RBI Governor Raghuram Rajan has challenged them to show how inflation is “very low” before accusing him of “being behind the curve” in his focus on containing price rise than on growth and debunked such criticism as mere ‘dialogues’.

  • Grappling with food inflation and cartels

    Food inflation is becoming a cause of concern for the Government. Before it goes out of hand, there should be urgent steps taken to contain it. Latest figures released on Thursday revealed that Wholesale Price Index had moved up by 1.62 percent in June. This is double the rate recorded in each of the previous two months. In fact, retail inflation too inched up to a 22-month high at 5.77 percent from

  • Retail inflation edges up to 22-mth high of 5.77%

    New Delhi: Retail inflation inched up to a 22-month high level of 5.77 per cent in June on increase in food prices including that of key kitchen staples like vegetables and cereals.

  • Retail inflation rises to 5.77% in June

    New Delhi : High food prices pushed up India’s annual retail inflation marginally to 5.77 per cent in May, even as the country’s factory output rose marginally by 1.2 per cent in June against a fall of 1.3 per cent in the month before, official data showed on Tuesday.

  • inflation

    RBI may cut rate in Aug despite high June inflation: BofA-ML

    New Delhi: June CPI inflation may climb to 6.2 per cent, but despite this Reserve Bank is expected to cut key policy rate by 25 basis points on August 9, with monsoon set to douse agflation, says a report.

  • Price of pulses may drop if monsoon lasts longer

    New Delhi : With pulses inflation high at 34 per cent, a better monsoon would reduce price pressure in lentils and in turn food inflation, a latest report has said.