Inflation at 9.78%
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Inflation at 9.78%
http://timesofindia.indiatimes.com/business/india-business/Inflation-soars-to-9-78-in-August/articleshow/9978706.cms
one-trick-pony guv does not know anything except increasing interest rates to curb inflation. expect another rate hike soon.
one-trick-pony guv does not know anything except increasing interest rates to curb inflation. expect another rate hike soon.
Another Brick- Posts : 1495
Join date : 2011-05-02
Re: Inflation at 9.78%
New Delhi: Petrol prices are set to go up by Rs 3 per litre as the Rupee touches a two-year low against the Dollar, increasing the cost of crude oil imports - oil company heads will meet in Mumbai on Thursday to take a final decision.
This comes after the IOC chairman met Oil Minister Jaipal Reddy to push for the increase in rates. Pressure's building on oil companies as the rupee is weakening against the dollar. The Indian rupee has rupee touched a two-year low against the dollar, making import crude oil more expensive. Oil retailers claim they are losing Rs 15 crore per day due to the big gap in global and domestic prices.
-- from CNN IBN.
This comes after the IOC chairman met Oil Minister Jaipal Reddy to push for the increase in rates. Pressure's building on oil companies as the rupee is weakening against the dollar. The Indian rupee has rupee touched a two-year low against the dollar, making import crude oil more expensive. Oil retailers claim they are losing Rs 15 crore per day due to the big gap in global and domestic prices.
-- from CNN IBN.
Another Brick- Posts : 1495
Join date : 2011-05-02
Re: Inflation at 9.78%
the RBI does it. rates go up by 25 bps. we are at war with cauliflowers and onions. this latest salvo by the RBI is gonna get you azz, you vegetables. the onions will cry for a change. YEAH BABY!
Another Brick- Posts : 1495
Join date : 2011-05-02
Re: Inflation at 9.78%
jetlag and disturbed sleeping pattern?
Another Brick- Posts : 1495
Join date : 2011-05-02
Re: Inflation at 9.78%
totally. and to make it worse, back to back meetings where i've to repeat the same things over and over again.
Merlot Daruwala- Posts : 5005
Join date : 2011-04-29
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» grade inflation
» a slice of inflation
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» Household savings down 40% in 3 years on inflation spiral
» India: Average inflation dips to 6-yr low of 3.3% in 2017-18
» a slice of inflation
» Now Chidu himself says India has high CAD and Inflation
» Household savings down 40% in 3 years on inflation spiral
» India: Average inflation dips to 6-yr low of 3.3% in 2017-18
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