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Inflation on the verge of turning double-digit

New Delhi, Apr 15: India's Inflation rate stayed shy of a double-digit number and came up close at 9.9 per cent for Mar 2010.

The wholesale price-based inflation was at 9.89 per cent in Feb 2010.

The marginal rise in Inflation has been attributed to rising prices of sugar and pulses.

The rate of food inflation, however, reduced marginally to 17.22 per cent for the week ended Apr 3 as against the previous week's 17.70 per cent.

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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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