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Sunday, April 11, 2021

Inflation

Inflationary risk: India’s WPI rises to 27-month high in Feb

New Delhi, March 15 (IANS) India's annual rate of inflation based on wholesale prices sequentially rose to 4.17 per cent in February from a rise of 2.03 per cent in January. Similarly, the January inflation rate last month was higher...

Rising CPI inflation may hurt consumers further in March

New Delhi, March 13 (IANS) The rising trend witnessed in retail inflation is expected to continue going ahead with March numbers expected to rise sharply by 50-60 bps on the back of unfavourable base and much lower sequential correction...

Bumper yield of onions in 2021, Centre will create a record with 2 lakh tons buffer stock

By Pramod Kumar Jha (IANS): The inflated onion prices would not create a hole in the pockets of the consumers in the country this year, as there is a bumper yield of onions and the demand for it is also...

Price hike hits LS proceedings, 3 adjournments, limited business

New Delhi, March 9 (IANS) Lok Sabha proceedings faced disruption for the second consecutive day on Tuesday as pandemonium on the price hike of LPG cylinder and petroleum products were again raised by the Opposition since the House assembled. Slogans...

Budget fares worse than last year in popular mood

New Delhi, Feb 1 (IANS): There is a major negative change in sentiment for the Union Budget 2021-22 as compared to last year, as per the IANS C-Voter Budget Insta-Poll. The poll, which was conducted after the presentation of the Budget...

Majority of people feel Budget 2021-22 will fail to curb inflation

New Delhi, Feb 1 (IANS) Majority of the people in the country expressed dissatisfaction with the Union Budget presented by Finance Minister Nirmala Sitharaman on Monday, saying it will not be able to bring down inflation, according to the...

Purchasing power of most Indians weakened in 2020

New Delhi, Jan 31 (IANS) With a massive impact of the coronavirus pandemic on businesses and people's earnings, purchasing power of most Indians weakened in the past one year. An IANS-CVoter pre-budget survey showed that 43.7 per cent respondents said...

‘More focus on core inflation needed’

New Delhi, Jan 29 (IANS) Citing possible inaccuries in the Consumer Price Index - Combined (CPI-C) inflation, the Economic Survey 2020-21 said that greater focus should be given on core inflation, the costs of goods and services excluding food...

Petrol, diesel prices breach record high levels

New Delhi, Jan 19 (IANS) Petrol and diesel prices rose again by 25 paise per litre each on Tuesday after oil marketing companies decided to continue the upward price revision of auto fuels in the wake of enlarging under...

November retail inflation eases to 7%, food prices cool down

New Delhi, Dec 14 (IANS) Cheaper food prices lowered India's sequential retail price inflation in November. Sequentially, the Consumer Price Index (CPI), which gauges the retail price inflation, rose at a slower rate of 6.93 per cent in November from...

Latest News

Rise in Covid cases to delay demand recovery in global oil market

Mumbai, April 11 (IANS) Fresh surge in Covid-19 cases, eventual lockdowns is likely to delay the demand recovery in...