Price Stability

The department of consumer affairs reported that on June 21, the modal price for onions was Rs 40 per kg, while the average retail price throughout India was Rs 38.67 per kg.

Finally, the European Central Bank moves beyond price stability

Compared to other central banks, the ECB’s tasks are more complex as it is a central bank of 19 economies. Having done the review, the markets will watch how the ECB will function with these multiple objectives 

See food inflation rising; CPI better indicator: Rangarajan

Former Reserve Bank Governor C Rangarajan says prices of pulses and vegetables are likely to rise even now.

No one's perfect, Rajan's as good as it gets: Gita Gopinath

Gita Gopinath, Economics Professor, Harvard University, says Rajan will be remembered as a person who was in charge when inflation came down, almost halved.

Inflation vs growth; RBI's struggle will continue: Subbarao

Former RBI governor D Subbarao says inflation targeting in India is difficult because much of inflation comes from supply shocks and supply shocks are less amenable for correction by monetary policy.

Price stability necessary for long-term growth: RBI Chief

Reserve Bank Governor D Subbarao has said that price stability was necessary for ensuring sustainable growth in the long term as it helps investors and consumers to take informed decisions.

Govt intervenes in cotton mkt to stabilise prices, supply

The Textile Ministry has asked the Cotton Corporation of India (CCI) to intervene in the market and buy 25 lakh bales of cotton, reports CNBC-TV18's Rituparna Bhuyan.

Smaller cities attract large realtors: CRISIL Research

CRISIL Research has come out with its report on real estate. According to the research firm, Price stability and growth prospects of smaller cities are attracting large real-estate developers. The developers are diversifying from metro cities with an eye on future growth.

Global recovery fragile, uneven: IMF chief

The global economic recovery is fragile, uneven and beset with great uncertainty, the head of the International Monetary Fund said on Monday.