Inflation rise "stable," "not significant," says Chidambaram, promising downward trend soon India's Finance Minister P. Chidambaram has assured that inflation is under control, Friday, even as government data showed that the nation's wholesale price index (WPI)-based annual inflation rate has risen to a new 42 months high of 7.61 percent in the 12 months ending April 26, 2008. 10 May 2008
2.
India's annual inflation rate hits 7.61 percent; Govt. bans future trading in essential commodities India's wholesale price index (WPI)-based inflation rate has risen to a new 3 and 1/2 years high of 7.61 percent in the year ending April 26, 2008, marginally higher than previous week's annual rise of 7.57 percent and 0.07 percent lower than the figure it touched on Nov. 13, 2004, government data has revealed on Friday. 09 May 2008
3.
Merrill Lynch expanding India commodity business DSP Merrill Lynch Ltd is looking to target the commodity hedging needs of Indian companies and would like to be able to trade on Indian commodity exchanges, a senior official from the Indian unit of the largest U.S. brokerage said. 05 Dec 2007
