Inflation

Finance Minister happy on fast recovery of Indian stock market

By- Correspondent | Date- August 10, 2011 Advertisements With fears of another big recession surmounting the globe, Indian finance minister Pranab Mukherjee stated something which will bring back some smiles to the investors. According to him, Indian macro economy was moving in a positive direction. He also stated that the Government is positive that international […]

Inflation mocks RBI once again – Accelerates to 9.44%

Inflation mocks RBI once again – Accelerates to 9.44%

By- Correspondent | Date- July 15, 2011 Advertisements The issue of inflation continues to haunt Indian economy more and more. In spite of tall claims by the Government, the inflation based on Wholesale Price Index (WPI) for the month of June, 2011 accelerated to 9.44%. It increased from 9.06% observed in the previous month. Government […]

Recovering Swiss Bank Secret Wealth – The Pros & Cons

Recovering Swiss Bank Secret Wealth – The Pros & Cons

By- Priyankan Goswami There are various estimates being done on how much money is stashed away secretly by Indians in Swiss Banks. Some say it is 1450 billion dollars equivalent to around 65,785,630,000,000 Indian Rupees. Some say, it is even more. There are 40 more Tax haven countries similar to Switzerland and no one is […]

RBI mid quarterly review needs to change policy to control inflation

RBI mid quarterly review needs to change policy to control inflation

By-Correspondent | Date– June 15, 2011 | Place– New Delhi Mocking the repeated assurances of the Finance Minister of the country to control inflation, India has seen its headline inflation in May rise to 9.06 per cent. This high rise is driven by an increase in prices of manufactured goods such as edible oil, textiles, […]