Business News This Week
The food inflation or costly food item in other words is above the double digit in India and a threat to the Indian economy.The deputy chairman of planning commission also started that the food inflation as a concern.
The headline inflation has been at around 9 per cent and the apex bank has raised the key interest rates for more than 11 times since March 2010.Both headlines inflation and food inflation, those have been escalating day-by-day and mounting pressure on Indian economy
According to a statement issue by the Commerce Ministry, the Inflation in the primary articles has increased to 12.93 per cent from 12.40 per cent in the week ended August 13.
The headline inflation has been at around 9 per cent and the apex bank has raised the key interest rates for more than 11 times since March 2010.Both headlines inflation and food inflation, those have been escalating day-by-day and mounting pressure on Indian economy
According to a statement issue by the Commerce Ministry, the Inflation in the primary articles has increased to 12.93 per cent from 12.40 per cent in the week ended August 13.
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