Tag Archive: prices


Food prices at ‘dangerous’ highs: World Bank

World Bank President Robert Zoellick 150x150 Food prices at ‘dangerous’ highs: World BankWorld 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

Will manage fluctuating oil prices: Pranab

Pranab Mukherjee 150x150 Will manage fluctuating oil prices: PranabWith 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

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Government agonises on ways to curb rising prices

Manmohan Singh1 150x150 Government agonises on ways to curb rising pricesConsultations 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

Fiscal consolidation vital to tame prices: Mukherjee

Pranab Mukherjee 150x150 Fiscal consolidation vital to tame prices: MukherjeeEconomic expansion and high fiscal deficit are together leading to unstable price regime and the government needs to revert to fiscal consolidation to control the situation, Finance Minister Pranab Mukherjee said Saturday. “Economic expansion leads to fiscal deficit. It is leading to the problem of unstable price regime,” Mukherjee told the 9th Pravasi Bharatiya Divas [...] Continue reading Fiscal consolidation vital to tame prices: Mukherjee