Maggi banned in Delhi for 15 days.
"The main risk stems from the uncertainty surrounding the outcome of the south west monsoon in view of the rising probability of an El Nio event around July-August, and its implications for food inflation," RBI said, as it kept the status quo on key interest rate for the third time in a row.
Deputy CM Manish Sisodia says it's the 'biggest failure of our system'.
'Persisting with the inequalities, indeed seeing them get worse, is no one's prescription for national unity,' notes T N Ninan.
In April, RBI had projected retail inflation to be around 5 per cent.
Citing the complaint, the Bharatiya Janata Party said in New Delhi asked Gandhi to come clean on the matter.
The Monopolies and Restrictive Trade Practices Commission on Wednesday banned consumer electronics major LG Electronics from advertising its 'Mangal Hi Mangal Offer' gift scheme, saying the advertisement was "deceptive".
Sale of expensive sarees rose by 1,751 per cent while consumption of honey by 380 per cent.
Canada is the top supplier of pulses to India, which is expected to import 1 million tonnes more this year.
The new MSP would worsen, rather than rectify, the two most pressing problems of Indian agriculture: Wastage of water from all sources and a tendency towards monocropping, says Shreekant Sambrani. On the other hand, a simple-minded recourse to them without a host of supporting measures could well exacerbate not just agriculture, but the overall economy as well, says Shreekant Sambrani.
In its decision over a tariff revision proposal submitted by the BEST, the MERC has given this direction.
From NITI Aayog to industry leaders to the Reserve Bank of India, all are apprehensive that any major increase in MSP, following the 2018-19 Budget announcements, would push up prices, if not immediately, in the next six to eight months after the decision is taken.
The consumer price index was estimated as being up 3.5 per cent in March from a year ago, the biggest increase in 15 years. On June 6, 2007, the European Central Bank raised its key interest rate from 3.75 pe cent to 4.00 per cent, the highest level in almost four years. In terms of economic freedom, old Europe still lags behind. The Heritage Foundation has the three largest economies, Germany, France, and Italy, ranked 19th, 45th, and 60th respectively in the world.
It is worrisome that salaries are consuming as much expenditure as equipment.
Dealer despatches will probably be a good signal of economic turnaround or further deterioration, says Devangshu Datta.
The fixed line broadband will offer "ultra high-definition entertainment on large screen TVs, multi-party video conferencing from your living room, voice-activated virtual assistants, virtual reality gaming, digital shopping, immersive experiences," Ambani said.
The Appellate Tribunal for Electricity has set aside an order of Maharashtra Electricity Regulatory Commission against Reliance Energy Ltd on a dispute related to billing complaints by its customers in Mumbai.
On an average most commodities are up between 20-30 per cent compared to a year ago levels.
A breakthrough will come from what we teach and how, says Ajit Balakrishnan.
Officials in the power department said industrial demand (which accounts for 40 per cent of the state's power consumption) didn't rise last year, contributing to surplus power.
Joseph Stiglitz accuses the US of negotiating over issues already settled at the World Trade Organization.
Post the correction over the past one year, we are seeing opportunities across sectors.
We asked you to tell us your reason for choosing not to vote. This is what our readers shared.
Nestle says newly manufactured Maggi found safe in tests; to start retail sales this month.
Noting that several external probes are currently underway -- including police investigation -- preliminary inquiry conducted by the district administration, inquiry by State Sports Secretary and inquiry by State Human Rights Commission, "hence it would not be appropriate to make any specific comment in this regard."
With 1.35 billion users of its Internet social network, Facebook Inc would rank as the world's second-most populous nation if it were a country.
The automaker was found to have engaged in anti-competitive practices.
With a view to increase efficiency and competition in the power sector, Central Electricity Regulatory Commission on Monday allowed open access in transmission system to power generating and distributing companies with immediate effect.
Favouring independent regulators for railways and road sector, Planning Commission deputy chairman Montek Singh Ahluwalia on Friday stressed on the need for proper policy framework defining the role of these monitors.
LPG rates were last hiked on November 1 by Rs 2.05 per cylinder. Prior to that rate was hiked on October 28 by Rs 1.5 per cylinder on account of hike in commission paid to dealers.
The Centre is likely to announce next month a hike in dearness allowance by 10 per cent to 100 per cent, benefiting about 50 lakh employees and 30 lakh pensioners.
The government hopes of registering GDP growth rate ranging between 6.1-6.7 per cent in 2013-14.
'Clearly, the depositors of cooperative banks need the maximum protection.'
It's time for Indian generic companies to rethink their strategies.
A bench headed by Chief Justice P Sathasivam said that the plea of the Centre would be taken up for hearing on October 8.
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