Inflation surges to 13-month high of 8.56 pc in Jan

The govt has said inflation surged to 8.56 pc in January, the highest in over 13 months, ahead of the Union Budget for 2010-11 that would spell out the stance on stimulus packages. Inflation, which has already breached the RBI's estimate of 8.53 percent, has also fuelled concerns that the apex bank could further tighten the ...

Food inflation cools down to 18.65 pc in Dec 2nd week

Food inflation softened to 18.65 per cent for the week ended on 12th December, though essential items like potato and pulses continued to remain expensive. The food inflation declined by 1.30 percentage points during the second week from 19.95 per cent in the previous week. Potato prices remained high recording an increase of 115 per cent on ...