Page-4 of Economics
Producer Price Index (PPI): RBI proposes for PPI to measure inflation
The Governor of RBI, D. Subbarao has mooted for a Producer Price Index (PPI) to measure the average change over time in the sale prices of domestic goods and services. Currently, it uses Consumer Price Index (CPI) and Wholesale Price ..
Month: Current Affairs - July, 2012
RBI defends its move for status quo, holds high inflation the reason
Under attack for not reducing interest rates, RBI Governor D Subbarao held that inflation at current levels is unacceptable and monetary-tightening is need for the hour in order to ascertain sustainable growth. As per Mr. Subbarao, the policy rate hikes ..
Month: Current Affairs - June, 2012
Indian economy is facing stagflation: Moody’s
As per the Global financial services firm Moody’s Analytics: Indian economy is going through stagflation, with slow growth and high inflation. RBI can’t be too aggressive in slashing interest rates. WPI inflation rising up to 7.5% every year in May ..
Month: Current Affairs - June, 2012
Govt gives in-principle nod to free diesel prices
Minister of State for Finance, Namo Narain Meena held that the government has taken an in-principle decision to link diesel prices with market rates. Yet, there is no proposal currently to completely deregulate cooking gas price. He also opined that ..
Month: Current Affairs - April, 2012
Human Development Report 2011
The Human Development Report (HDR) is an annual publication of the United Nations Development Programme (UNDP). The report was first launched in 1990 by the Pakistani Economist Mahbub ul Haq and Indian Nobel laureate Amartya Sen. Its goal was to ..
Month: Current Affairs - December, 2011
Food inflation up 9.9%
The latest data released by the commerce and industry ministry has shown that the wholesale price index for food articles rose an annual 9.90% in the week to July 30, rising from 8.04% in the previous week. Food prices had ..