The Reserve Bank on Monday slashed by 0.50 per cent the rate of mandatory deposits that banks need to keep with it to ease the tight liquidity position, a move that may induce banks to lower commercial lending rates.
Inflation rate would moderate to 10 per cent by December: panel.
http://www.ibnlive.com/news/inflation-slips-down-to-1199-per-cent/74942-7.html
The reason is that inflation is still not down to single digits.
http://www.ibnlive.com/news/vegetable-prices-shoot-through-the-kitchen-roof/74426-3.html
Prices of rice, wheat decline among 98 other articles.
http://www.ibnlive.com/news/inflation-remains-unchanged-at-1214-per-cent/74324-7.html
Export restrictions were levied this year to fight inflation.
http://www.ibnlive.com/news/govt-may-withdraw-export-restriction-on-rice/74099-7.html
For last three weeks the figure had declined, says govt data.
http://www.ibnlive.com/news/discomfort-again-inflation-rises-to-1214-per-cent/73868-7.html
PM says India may be affected but it may not last long.
http://www.ibnlive.com/news/economy-to-grow-at-8-pc-despite-global-slowdown-pm/73806-7.html
The 16-year high price rise has already extracted a cost.
http://www.ibnlive.com/news/cost-of-inflation-school-dropouts-more-bpl-families/73461-3.html
Inflation has maintained a downward trend for the third week in a row.
http://www.ibnlive.com/news/inflation-dips-to-121-pc-for-the-week-ended-aug-30/73373-7.html
Inflation, unseasonal rains etc has played spoilsport to flower farming.
http://www.ibnlive.com/news/flowers-are-scarce-this-onam-season/73251-3.html
The PM inaugurated the laying of the foundation stone of Salem Steel Plant.
http://www.ibnlive.com/news/inflation-control-steps-not-to-hurt-growthpm/72953-3.html
The new governor is an alumnus of the Massachusetts Institute of Technology
http://www.ibnlive.com/news/inflation-curb-a-top-priority-for-new-rbi-governor/72950-7.html
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