Inflation to moderate by September, economy on track for 9 percent growth: Ahluwalia The Deputy Chairman, Planning Commission, Dr. Montek Singh Ahluwalia has allayed fears that the prevailing steep annual inflation rate could derail India's economic growth, by saying that India could still attain an average 9 percent annual growth in the five-year period ending 2011-12. 23 May 2008
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Annual inflation rate in India edges towards 8 percent; FinMin "concerned" India's wholesale price index (WPI)-based inflation rate has risen to 7.83 percent in the 12 months to May 3, marginally higher than previous week's annual rise of 7.61 percent, even as India's Finance Minister continues to reassure the people that price rise will moderate in a few weeks. 17 May 2008
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NCAER projects India's economic growth at 8.9 percent in FY09 India's premier economic research institution, National Council for Applied Economic Research (NCAER) said the nation's economy would grow at 8.5-8.9 percent during the current fiscal year (2008-09). 07 May 2008
India's economy to grow to almost 90 percent of US economy by 2050: PwC World's largest tax advisory, audit and consultancy services provider, PricewaterhouseCoopers (PwC) has suggested in a report titled "The World in 2050: beyond the BRICs" that the emerging markets like India and China is fast becoming the hub of global economic activity with India's economy having the potential to grow to almost 90 percent of the size of the US by 2050. 10 Apr 2008
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How inflation will pinch you and how to insure yourself from it Let us face it: inflation, a continuous increase in the level of consumer prices or a decline in the purchasing power of money caused by an increased availability of currency and credit chasing too few goods, is bad for everyone, especially the common man. And, with inflation hitting a three-year high of seven percent for the week ended March 22 as against 6.68 percent in the previous week, the future looks gloomy for consumers in India. 05 Apr 2008
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Inflation hits record high in India, all eyes on central bank The wholesale price index (WPI)-based inflation rate has hit a three-year high of seven percent for the week ended March 22 as against 6.68 percent in the week before and 6.54 percent a year ago, raising fears that India might be heading for an economic slowdown unless the government takes immediate steps to curb the rise in prices. 05 Apr 2008
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US slowdown, inflation may affect India's economic growth: Chidambaram India's Finance Minister P. Chidambaram warned, Friday, that the nation's economy could feel ripples of the slowdown in the US in the coming fiscal year and added that the government might sacrifice economic growth to contain inflation. 29 Mar 2008
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Clinton calls for $30 billion housing fund Democratic presidential hopeful Hillary Clinton called on Thursday for a second stimulus package, including a $30 billion emergency housing fund, to help boost the ailing U.S. economy. 21 Mar 2008
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Core sector growth in India slips to 4 percent Influenced by US economic slowdown, rupee appreciation against the dollar, rising inflation and tightening monetary policy, core sector growth in India is slowing down, the Commerce and Industry Ministry has warned. 22 Feb 2008
