Wholesale inflation dips to record low of (-)2.33% in March

Deflation persisted for the fifth consecutive month as wholesale price index based inflation fell to a record low of minus 2.33 per cent in March on account of cheaper food and fuel products as well as manufactured items. Inflation measured on Wholesale Price Index, WPI, was at minus 2.06 per cent i...

SBI sees no rate war on home loans

The State Bank of India has said that it does not foresee a rate war on the home loan front as all the lenders are competing with similar rates in similar bands. Speaking to reporters in Mumbai on Wednesday, SBI Managing Director Mr. B Sriram said that the bank is targeting to increase its housing l...

Petrol price cut by Rs 0.80/litre, diesel by Rs 1.30/litre<br/>

Petrol price has been cut by 80 paise a litre, while diesel by one rupee and 30 paise per litre including state levies. The new rates came into effect midnight last night. However, the corresponding prices of petrol and diesel in other states will vary according to the levies charged there. With thi...

Wholesale inflation dips to record low of (-)2.33% in March

Deflation persisted for the fifth consecutive month as wholesale price index based inflation fell to a record low of minus 2.33 per cent in March on account of cheaper food and fuel products as well as manufactured items. Inflation measured on Wholesale Price Index, WPI, was at minus 2.06 per cent i...

Petrol price cut by 80 paise/litre, diesel by Rs 1.30/litre

Petrol price has been cut by 80 paise a litre while diesel by one rupee and 30 paise per litre in Delhi including state levies. The new rates will come into effect from midnight tonight. However, the corresponding prices of petrol and diesel in other states will vary according to the levies charged ...

Odisha CM opposes NALCO disinvestment

China records slowest growth in six years

China&apos;s annual economic growth has recorded a six-year low of 7.0 per cent in the first quarter. The National Bureau of Statistics said in the last quarter of 2014, China&apos;s economy grew by 7.3 per cent on an annual basis. On a quarterly basis, economic growth slowed to 1.3 per cent...

China growth slowest in six years

China&apos;s annual economic growth has recorded a six-year low of 7.0 per cent in the first quarter. The National Bureau of Statistics said in the last quarter of 2014, China&apos;s economy grew by 7.3 per cent on an annual basis. On a quarterly basis, economic growth slowed to 1.3 per cent...

Need to provide universal pension coverage to everyone: Jayant Sinha

Minister of state for finance Jayant Sinha today said that there is need to provide universal pension coverage to each and every individual in the country. Addressing a meeting on National Pension System (NPS) corporate sector model in New Delhi, Mr Sinha said that Pension scheme should be developed...

Wholesale Inflation falls further to minus 2.33% in March

Deflation persisted for the fifth consecutive month as wholesale price index based inflation fell to a record low of minus 2.33 per cent in March on account of cheaper food and fuel products as well as manufactured items. Inflation measured on Wholesale Price Index, WPI, was at minus 2.06 per cent i...