To check Oneindia News on your Mobile
go to:   http://m.oneindia.in/news/
 
  •  

Inflation falls to 7-yr low at 2.43 pc

 [IST]
Print This Page
Comment on This Article
A A A
India Inflation
New Delhi. Mar 12: Indian inflation continued its southward journey and slipped below 3 per cent to 2.43 per cent during the week ended Feb 28 from 3.03 pc a week earlier. This is lowest in 7 years. The WPI or Wholesale Price Index for all the commodities was marginally up at 227.7 pc.
  Read:  हिन्दी में / தமிழில் 
In 2002, Jun 8 inflation was at 2.18 pc. It was lowest ever on Feb 2, 2002 at 1.13 pc. Earlier Reserve Bank of India predicted that the annual inflation will fall below 3 pc by the end of the current fiscal year on Mar 31. Some experts even predicted that India will witness deflation by mid-2009.

OneIndia News
Topics: indian inflation, new delhi, reserve bank of india, wpi
Other articles published on March 12, 2009
Close
 

D Subbarao takes over as RBI Governor

Friday, September 5, 2008,16:08 [IST]
Mumbai, Sep 5: The new Governor of Reserve Bank of India, D Subbarao on Friday, Sep 5 tookover the charge. He succeeds Yana Venugopala Rao, who retired. Subbarao, 59, is the seventh Union finance Secretary to become governor in the Apex bank's 73 year history. He is also the 11th bureaucrat to don the mantle of governorship. An IAS topper, Mr Subbarao was an alumni of the Indian Institute of Technology Kanpur(IIT-Kanpur) and an economics Phd from Andhra University. He.....
Read More

Britannia to hike prices to counter inflation

Monday, August 25, 2008,17:07 [IST]
New Delhi, Aug 25: India's leading biscuit maker Britannia Industries Ltd on Monday, Aug 25 said it will increase the prices of its products to offset the rise in input cost, if the inflation does not stop its forward march. ''We will be forced to hike the prices across our products if the inflation rises further. The company will try to absorb the cost to a point, but beyond that we have to take this step,'' company Vice President (Sales, Marketing and.....
Read More
Connect with

Steps taken to bring down Inflation: G K Pillai

Friday, August 22, 2008,13:34 [IST]
Mumbai, Aug 22: Union Secretary for Commerce, G K Pillai on Friday, Aug 22 hinted a possible decline in inflation rate that touched a 13-year high of 12.63 per cent in the week ending August 9. Speaking to newsmen on the sidelines of an international conference on Special Economic Zones (SEZ) here, he said that the cabinet committee on prices was closely reviewing the situation periodically and steps were being initiated to contain the prices. Mr Pillai said wheat and rice was.....
Read More
User Comments
[ Post Comments ]
Be the first to comment on this article.
Oneindia  Oneindia Login
Gallery - Videos