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Pranab Mukherjee News


Union Budget 2012: Gold and jewellery set to lose sheen
Pranab Mukherjee in his budgetary recommendations has doubled the import duty on standard gold from 2 to 4% and for non-standard gold from 5% to 10%. Unbranded gold jewellery will now attract a 1% excise duty, placing it in the same ...
Union Budget 2012-13: No sight of reforms
There was absolutely no sight of reforms in the Union Budget 2012-13, except the vague mention of the Goods and Services Tax. There was an expectation at least that the government would push through with deregulation of diesel. Talks were also ...
How Sensex, Nifty performed this week?
This week market sentiments were dominated by Euro cues, uncertain policy norms, food inflation and government decision to cut economic growth forecast. Monday, the domestic benchmarks closed on a bearish note amid mixed cues from the Asian markets. The Metal ...
Food Inflation leaves double-digit tag
India's food inflation as measured by Wholesale Price Index (WPI) slipped sharply to 9.01% for the week ended November 12, finally stepped down from its double digit level. It stood at 10.63% in the previous week. The decline in ...
Food inflation at 10.60%, boards double digit
India's food inflation again boarded double digit figure, rose to 10.60% for the week ended October 8 on account of costlier pulses and vegetables, government data showed on Thursday. It was seen down marginally in the previous week at 9.32%. ...
Food Inflation in no mood to come down, rises to 9.41%
India's sticky food inflation, as measured by Wholesale Price Index (WPI) again rose to 9.41% for the week ended September 24 on account of costlier cereals, pulses and vegetables, government data showed. Food Inflation for the previous week stood at ...
Food Inflation on its way down to 7.58%
Food inflation stepped back to 7.58% for the week ended on July 9. This is the steepest fall in last 27 months. Policy-makers are bit relieved with low figures and if trend continues, it could weaken overall inflation. Food items ...
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