Despite assurances from policy-makers, India’s annual rate of inflation rose to 8.31 percent for February from 8.23 percent for the month before due to higher prices of fuels and manufactured products, official data showed Monday. The statistics on the official wholesale price index (WPI) released by the industry ministry further showed that the provisional annual [...] Continue reading India’s inflation up on higher fuel, product prices
Tag Archive: prices
World Bank President Robert Zoellick has warned that food prices had reached “dangerous levels” and could hamper political transitions taking place in Egypt, Tunisia, the wider Middle East and Central Asia. “The area that obviously bears watching is where you have a combination of political upheaval and food price stress,” Zoellick said in a conference [...] Continue reading Food prices at ‘dangerous’ highs: World Bank
With political turmoil in Egypt pushing up global oil prices, Finance Minister Pranab Mukherjee Tuesday hinted at keeping a status quo on the prices of petrol and diesel, saying the government will “manage” the current volatility in crude prices. “Unfortunately, developments in the Middle East and its impact on the Arab world is causing uncertainty [...] Continue reading Will manage fluctuating oil prices: Pranab
-Cute Overload! Meet the uber-adorable starting lineup for the seventh annual Puppy Bowl (It’s only like the Miss America of The Canine Circuit! Try to keep up, yall.) -Nas is broker than skiier’s left leg… -Dr. Conrad Murray pleads “Not Guilty” to manslaughter charges in the Michael Jackson case… -R.I.P. to Kanye’s Fatburger! -A Sacramento [...] Continue reading Jackson Doctor Pleads Not Guilty; Wonder Woman Cosmetics; McDonalds Raises Prices & More Evening Crunch Crumbs
Consultations among senior ministers of the government on how to curb rising food prices continue Wednesday as a follow-up to the meeting chaired by Prime Minister Manmohan Singh on the issue. That meeting ended with a few measures suggested, but none were announced. “Ministers will hold more meetings today on the issue,” an official in [...] Continue reading Government agonises on ways to curb rising prices