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India's inflation falls to 0.13 pc

Inflation
Mumbai, Jun 11: The official data on Thursday, Jun 11 revealed that India's annual rate of inflation fell to 0.13 pc from previous last week of 0.48 pc.As per data released by the commerce and industry ministry, the wholesale price index (WPI) for all commodities rose 0.1 pc primarily due to a rise in the indices for primary articles and manufacturing products.

Among the manufactured products groups, indices for food products, paper and non-metallic minerals increased. However, textiles, rubber and plastic products, basic metal, alloys and machinery equipment declined.

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Steps taken to bring down Inflation: G K Pillai

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.....
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