The Reserve Bank of India (RBI) did not make any changes in the key policy rates in its monetary policy review, but indicated that interest rates will harden sooner than later. The repo, reverse repo and cash reserve ratio (CRR) were left untouched. However, the statutory liquidity ratio (SLR) was restored back to 25 per cent from the earlier 24 per cent. While the change in SLR is hardly expected...
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Washington - The US inflation rate was 0.3 per cent in October compared to the previous month, according to the Labour Department Wednesday.The largest increases came in car sales and energy prices. Consumer prices rose 0.2 per cent in September and have fallen 0.2 per cent in the last year amid a deep recession.Excluding more volatile food and energy prices, the inflation rate was 0.2 per cent in...
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TheReserve Bank of India (RBI) did not make any changes in the key policy rates inits monetary policy review, but indicated that interest rates will harden soonerthan later. The repo, reverse repo and cash reserve ratio (CRR) were leftuntouched. However, the statutory liquidity ratio (SLR) was restored back to 25per cent from the earlier 24 per cent. While the change in SLR is hardlyexpected to have...
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) expects the annual inflation rate in India to be 6.5 per cent by next March. Prior to this the central bank had predicted the inflation rate at 5 per cent.INFLATION IS likely to rise to 6.5 per cent this fiscal. The Reserve Bank of India ("Keeping in view the global trend in commodity prices and the domestic demand-supply balance, the baseline projection for wholesale price index (WPI) inflation...
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Annual inflation rate of India which is based on wholesale prices has risen to 1.51% for the week ended Oct 17. The WPI inflation rate had been registered at 1.21% last week.The official Wholesale Price Index (WPI) for the week ended Oct 17 remained unchanged at its previous week's levelThe proposal for releasing inflation data on a monthly basis has been approved by the government. Union Commerce...
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headline inflation rate for the week ending October 17 increased to 1.51 per cent, compared to 1.21 per cent in previous week.The annual inflation rate was 10.82 per cent during the corresponding week of the previous year, according to official data released here...
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Inflation is defined as an increase in the prices of a group of goods and services that project the economy. An increase in the inflation rate occurs when there is an increase in the average level of prices of goods and services. Inflation is when there are lesser goods and more buyers. This will result in an increase in the prices of goods, since there is more demand and less supply. Inflation is...
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Inflationis defined as an increase in the prices of a group of goods and services thatproject the economy.Anincrease in the inflation rate occurs when there is an increase in the averagelevel of prices of goods and services. Inflation is when there are lesser goodsand more buyers. This will result in an increase in the prices of goods, sincethere is more demand and less supply. Inflation is a sustained...
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Food inflation inched up to 13.3 per cent for the week ended October 24, primarily due to rising prices of potatoes and onions, against 12.85 per cent in the previous week ended October 17.Meanwhile, the government today introduced a new system for presenting inflation data of only primary articles and fuel products on a weekly basis. The overall inflation figures would now be known in the middle of...
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central bank has retained its growth projection for the country's economy at 6 percent for the current fiscal but significantly raised its expectations on the annual inflation rate to 6.5 percent by the end of March."The baseline projection for gross domestic product (GDP) growth for 2009-10 is placed at 6 percent with an upside bias," Reserve Bank of India (RBI) Governor D. Subbarao said while reviewing...
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