Nepal Rastra Bank revises WPI calculation method Kathmandu, September 23 Nepal Rastra Bank (NRB) has revised the commodity basket, industrial classification and weightage for scientific calculation of the Wholesale Price Index (WPI). The new commodity basket, classification and weightage have been... 24 Sep, 2018
India weighs fiscal stimulus in new budget despite fast economic growth New Delhi, January 5 India claims to be the world’s fastest-growing major economy, yet the government might break its budget deficit targets to stimulate demand, potentially undermining the central bank’s fight against... 06 Jan, 2016
Gold near three-month high as investors expect US rate hike delay SINGAPORE: Gold steadied near a three-month high on Tuesday, as investors pushed back expectations of a Federal Reserve interest rate hike to next year and on a weaker dollar. FUNDAMENTALS * Spot gold XAU= was little changed at $1,161.96 an... 13 Oct, 2015
India wholesale prices fall for ninth straight month MUMBAI, August 14 India’s wholesale prices fell for the ninth straight month in July, government data showed on Friday, fuelling pressure for a further cut in rates. The Wholesale Price Index (WPI), an inflation indicator that measures the... 15 Aug, 2015
India wholesale prices drop MUMBAI, July 14 India’s wholesale inflation rate fell for an eighth consecutive month in June, government data showed today, pulled down by weak global oil prices and above average early monsoon rains. Inflation based on the Wholesale Price... 15 Jul, 2015
India�s wholesale prices decline MUMBAI: India’s wholesale inflation fell for a seventh consecutive month, but the pace of the drop slowed as fuel and food prices rose, government data showed on Monday. The Wholesale Price Index (WPI), an inflation indicator which measures... 16 Jun, 2015
Asian shares lower on Indian rate move HONG KONG: A surprise rate hike from the Reserve Bank of India triggered fears that other central banks in Asia may step up inflation-fighting efforts, leading shares lower across the region Monday. Analysts had widely expected the RBI to raise rates... 22 Mar, 2010
India inflation accelerates NEW DELHI: India's annual inflation rate has picked up pace, official data showed Thursday, setting the stage for higher interest rates in the months ahead. The wholesale inflation rate rose to 1.51 percent in the week to October 17 from 1.21 percent... 29 Oct, 2009
India's central bank faces tricky balancing act MUMBAI: India's central bank faces a tricky balancing act in fighting inflation expected to surge in coming months and keeping the country's fragile economic recovery on track, economists say. Central banks across the world are facing similar dilemmas... 20 Sep, 2009
Govt flops at price hike control KATHMANDU: The government has completely failed to control the price hike in food commodities and the overall price hike that still hovers close to 13 per cent. “The year-on-year (y-o-y) consumer price index rose to 12.9 per cent in mid-May 2009... 04 Jul, 2009
Whoever said that low inflation meant low prices, didn’t know New Delhi, March 14:Alpana Singh, a housewife in north Delhi, should be rejoicing that India’s annual rate of inflation has fallen to a six-year low. Instead, she is ruing that her household budget has hit the roof.As if the galloping prices of... 14 Mar, 2009
BIZ BRIEFS MoI felicitationKATHMANDU: Ministry of Industry (MoI), to commemorate 99th International Women’s Day felicitated on Friday women contributing to the promotion of small and cottage industry sector. MoI felicitated Indira Sapkota, Anjana Tamrakar,... 13 Mar, 2009