Wholesale inflation rose in July as prices of some commodities increased in the first month of Goods and Services Tax (GST) rollout
The consumer price index, the main policy target of the Reserve Bank of India (RBI), likely rose 1.87 percent in July from a year earlier, according to a Reuters poll of economists, compared with an increase of 1.54 percent in June
The WPI figure is at the lowest level in at least eight months -- since the availability of data for the new 2011-12 base year series
Farmers in Mandsaur district tried to break the gates of a railway crossing and disrupt the railway lines as part of their protest
Wholesale inflation eased to 3.57 percent in September as food articles, led by vegetables, witnessed softening of prices.
Astronauts living at the International Space Station took their first bites of space-grown lettuce and called it was awesome.
For an economy that has been batting a very high rate of inflation, WPI inflation of zero percent, should come as a welcome relief. Only if things were as simple as that.
The government deserves some credit for this, but there are clearly other factors at work as well
Dismissing the contention that the decline in inflation was on account of the steps taken by the NDA government, Chidambaram said he wanted to know, "what measures were taken by the government that contributed to decline in inflation rates."<br />
Continuing decline in food prices, including vegetables, pulled down the September wholesale price inflation to a five year low of 2.38 per cent.<br />
It's about time the government realised that and got down to the task of addressing the root causes of food inflation.
Consumer food price inflation, under a new series published by the government, eased to 7.67 percent last month from a revised 9.35 percent in August.<br />
Jaitley can use an array of fiscal tools against inflation while Rajan has only one blunt instrument called monetary policy at his command
The RBI will unveil its fourth bi-monthly policy on September 30.<br />
Rajan has previously said inflation, driven by food inflation, is a structural problem that cannot be solved by monetary policy alone.<br />
India's wholesale price inflation (WPI) for the month of August fell to 3.74 percent, its lowest level in nearly five years.<br />
Declining prices of vegetable and other food articles brought down wholesale inflation sharply to 3.74 per cent in August to a nearly five-year low.<br />
The RBI is targeting retail inflation of eight per cent by January next year and six per cent by January 2016.<br />
India's annual consumer price inflation eased to 7.80 percent in August, data showed on Friday, helped mainly by slower annual increases in prices of fuel, light and clothes.
According to the global financial services major, though the IMD has recently downgraded its monsoon forecast, but the uncertainties around rainfall still remains.<br />