Inflation moderates, but a rate cut is unlikely.
Inflation in 'fuel and power' basket rose sharply to 11.22 per cent in May from 7.85 per cent in April as prices of domestic fuel increased in line with rising global crude oil rates.
The rate of price rise in vegetables stood at 15.15 per cent in August as against 16.88 per cent in the previous month.
It is only 'zero-cost' money from FPIs that is keeping the market afloat
Subsequently, Nivar weakened into a cyclonic storm and further into a deep depression, centered about 50 km west-southwest of Tirupati at 1430 hrs, the India Meteorological Department (IMD) officials said. According to IMD, it is to weaken into a depression during the next six hours.
The chief minister still has time to repair the damage but he will have to act all-round, both at the government and party levels, suggests N Sathiya Moorthy.
Flagging the challenge of raising foodgrain production, Prime Minister Manmohan Singh on Friday promised all assistance to states for improving agricultural growth.
To justify that farmers must burn if they are not paid cash incentive is doing injustice to them and to the lungs of the children of the country, notes Sunita Narain.
WPI inflation even breached psychological level of 0% in Nov.
Banking shares saw a renewed buying interest on the hopes of a rate-cut by the central bank post the easing of macro-economic data.
The agricultural supply system has to be able to respond to this increasing demand, which it is not able to do.
The government, which has expedited rehabilitation efforts, said over 1.28 crore food packets have been distributed and an immediate relief amount of Rs 67.47 crore was disbursed among over 1.11 lakh families.
The RBI's bi-monthly policy review on June 3 will be the first after Prime Minister Narendra Modi assumed office on May 26.
From India's first Vietnamese restaurant to a molecular restaurant, Gitanjali Gurbaxani lists her choices for a monsoon treat in Bengaluru.
This is not the 1st time dal prices have gone over the roof
Get Ahead readers Meera Khanduri and Pradnya Kaushik have sent in lip-smacking recipes to enjoy during the monsoons!
The global financial services major had earlier said that the central bank would keep its policy rates on hold.
The maximum death toll has been reported from Idukki district, where 43 people have lost their lives so far, as per official estimates. 28 deaths were reported in Malappuram and 27 in Thrissur.
Weak monsoon forecast rekindled fears of higher inflation.
Around six lakh people have been housed in over 2000 relief camps in the two states.
Reuters photographer Soe Zeya Tun captures the plight of Rohingya and Bangladeshi migrants who were rescued off Myanmar's southern coast last week from a boat carrying 734 people through these moving images.
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The Indian rupee touched record low of 65.52/dollar on Thursday and is down 16 per cent so far this year despite efforts by policymakers to prop it up.
Critics argue that much more could have been done and that the government was slow to react to many events.
You'll be surprised, but India is one of them!
The Disciple is an ode to music and a salute to Mumbai. The city can be harsh, but it also lets the voices of struggling classical musicians exist, although often they live on the edge of society, observes Aseem Chhabra.
At an average national price of Rs 90 a kg in the retail market, it shows a jump by 20% in the last two months.
Vikhe Patil, who was leader of opposition in the state assembly, resigned from the Congress recently.
India's annual rate of inflation, based on its monthly Wholesale Price Index, climbed to 6.01 per cent for the month of May 2014, as against 5.20 per cent for May and 4.58 per cent during the corresponding month of the previous year, which has set off alarm bells.
'Corona will go on for more than six months now in Mumbai city.' 'It cannot vanish within just two or three months.' 'This infection may remain there in communities, somewhere or the other, like swine flu.'
Indian genetics put us at a higher tendency to gain belly fat.
Evidently, the economy has come out of the low growth phase in the past two years and it does appear the economy will continue to remain in the plus-five per cent range.
The RBI's next policy review is set for Sept. 29.
A fall presents an opportunity to buy rate-sensitive stocks.
Last week, the Consumer Price Index-based inflation for the month had contracted to 4.4 per cent.
Achieving inflation target of 4 per cent, recovery after remonetisation and hardening profile of oil prices are some of the risks which the RBI is watching closely, says Gaurav Kapur.
Gold has pushed lower as a result of Chinese selling.
Panic-struck relatives are also sharing the location of their near and dear ones trapped in various places using Google maps.
'Part A of the Budget was like it was written by somebody from the 21st century and Part B was written by somebody from the 19th century.'
