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India's inflation rises to 0.92 pc

India's inflation rises to 0.92 pc
New Delhi, Oct 15: Indian inflation rose to 0.92 per cent during the week ended Oct 3 from 0.70 per cent a week ago.

Inflation could have been much higher because same week in 2008 it was 11.49 per cent.
  Read:  தமிழில் 
Prices of non-processed food items declined by 1.67 per cent on weekly basis.

Softened food prices on weekly basis might give some relief to RBI to hold policy rates in its Oct 27 monetary review.

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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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