New Delhi [India], Oct 12 (ANI): Industrial production in the country rose to a nine-month high of 4.3 percent in August in the second month after the new Goods and Services Tax (GST) regime was introduced on July 1.
New Delhi [India], Oct 4 (ANI): Commenting on the monetary policy announced today President FICCI, Pankaj Patel has said that FICCI is disappointed that the MPC has chosen to hold the repo rate and not reduce it. FICCI had sought a 100 bps reduction in interest rate.
New Delhi [India], Sept 27 (ANI): The State Bank of India (SBI) in its report authored by Dr. Soumya Kanti Ghosh, Group Chief Economic Adviser stated that if the Reserve Bank of India (RBI) moves towards the four percent inflation target in January 2018 as was suggested earlier, there would
New Delhi [India], Sept 14 (ANI): The Wholesale Price Index (WPI) for the month of August, 2017 rose by 0.8 percent, to 114.8 (provisional) from 113.9 (provisional) for the previous month, marking its four month high.
New Delhi [India], August 14 (ANI): The Wholesale Price Index (WPI) for all commodities for the month of July 2017 registered a 1.1 percent surge from June, and was recorded at 113.9 (provisional) from 112.7 (provisional) for the previous month.
New Delhi [India], August 6 (ANI): With the external value of the Indian rupee superseding its internal strength despite lower inflation, the resultant mismatch and the continuing trend is hurting exporters, whose competitive edge gets directly hit with the declining value of the dollar agai
New Delhi [India], July 30 (ANI): Against the backdrop of a decline in factory output, with inflation at a five-year low, the ASSOCHAM on Sunday wrote to the Reserve Bank of India (RBI) Governor Urjit Patel, stressing on the need to cut at least 25 basis points in the policy interest rate, a
New Delhi [India], July 14 (ANI): The Wholesale Price Index (WPI) numbers on Friday softened to 0.90 percent during June, marking the lowest in 11 months.
New Delhi [India], July 11 (ANI): The Goods and Services Tax (GST) will help bring down the inflation by one to two per cent by the end of this year, Revenue Secretary Hasmukh Adhia has been quoted, as saying.
New Delhi [India], July 2 (ANI): With retail prices growing by the slowest pace in the last four years by mere 2.18 percent, it is the perfect time for the launch of the Goods and Services Tax (GST), from inflation point of view, as this particular macro fundamental is placed at an ideal pos
Sivaganga (Tamil Nadu) [India], July 1 (ANI): Congress leader and former finance minister P. Chidambaram on Saturday hit out at the Bharatiya Janata Party (BJP) over its decision to roll out the Goods and Service Tax (GST), saying micro, small and medium scale traders will suffer huge losse
Chennai (Tamil Nadu) [India], June 30 (ANI): Tamil Nadu Finance Minister D. Jayakumar on Friday asked the people not to fret about inflation and assured that prices of essential commodities will not raise post the implementation of the Goods and Service Tax (GST).