Food prices make inflation control difficult: PM

Friday, April 11, 2008, 16:43 [IST]

New Delhi, Apr 11, 2008: Speaking at a Global agro industries forum in New Delhi on April 10, Indian Prime Minister Manmohan Singh said on April 10 that a steep rise in food prices will make inflation control more difficult.

India's widely watched inflation rate hit a 3-year high of 7.0 percent in late March, with higher food prices being a key driver.

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Topics: inflation, manmohan singh, food prices, price rise, videos

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RBI cuts repo rate by 100 bps

Saturday, December 6, 2008,13:49 [IST]

Mumbai, Dec 6: The Reserve Bank of India said on Saturday, Dec 6 it was cutting its two key short-term interest rates by 100 basis points each, taking its main lending rate to 6.5 per cent, the lowest in 2.5 years.The reverse repo rate, the rate at which the Reserve Bank absorbs excess cash from the system, falls to 5.0 per cent from 6.0 per cent, its lowest in more than three years.Both reductions are effective from Monday,.....

Prices will come down soon: PM Manmohan Singh

Thursday, March 8, 2007,19:53 [IST]

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The Union Budget is disappointing: Nitish

Wednesday, February 28, 2007,19:25 [IST]

Patna, Feb 28: Bihar Chief Minister Nitish Kumar today described the Union Budget as ''disappointing'' saying that the most sought ''special package'' has not been given to the state.Mr Kumar told newspersons here that the people of Bihar were frustrated with the budget of the UPA government as no new project had been earmarked for the state. He said instead of according special category to Bihar, it has been placed in the list of the states selected for Backward.....