Inflation has dipped to 8.98 per cent for the week ended November 1 on account of declining prices of fuel and manufactured goods. The rate came down by 1.74 percentage points from 10.72 per cent in the previous week. Just a year ago, the inflation rate was 3.35 per cent. The manufacturing wholesale price index is down by 0.7 per cent while aviation turbine fuel prices are down by 18 per cent. Fuel and power are down 3.4 per cent.
The mandate comes as high fuel prices have made buyers energy-conscious.
http://www.ibnlive.com/news/dealers-to-disclose-mileage-of-cars-from-jan-1/72927-25.html
RBI has hiked the two key interest rates in order to curb inflation.
http://www.ibnlive.com/news/rbi-hikes-rates--banks-may-follow-suit/67736-7.html
In Punjab, the locals dont hail a taxi, they can just dial-a-rickshaw now.
http://www.ibnlive.com/news/now-dialarickshaw-for-a-greener-environment/67507-3.html
Govt shoots down reports that it was considering a cess in Income Tax.
http://www.ibnlive.com/news/no-oil-tax-coming-says-miffed-finance-ministry/66152-7.html
Police officers are looking at ways to combat climate change and fuel prices.
http://www.ibnlive.com/news/bangkok-cops-to-combat-climate-change/59886-2.html
BJP youth wing organised a cycle rally near Deora's house to protest fuel hike.
http://www.ibnlive.com/news/national-wipes-what-made-news-in-india-today/59280-3.html
Cut in fuel prices believed to be main reason for decrease, but the Reserve Bank of India still won’t be happy.
http://www.ibnlive.com/news/inflation-down-to-605-percent/34969-7.html
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