Ministry of Petroleum and Natural Gas, Government of India, has increased commission of the petrol pump dealers across the country to Rs. 1,799 per kilolitre of petrol and Rs. 1,089 per kilolitre of diesel with effect from Friday, October 26, 2012. Read More
Central Statistics Office of the Ministry of Statistics and Programme Implementation released the quick estimates of Index of Industrial Production (IIP) for November 2014 on January 12, 2015. India’s Index of Industrial Production was 3.80% in November 2014. Read More
The Reserve Bank of India (RBI) has reduced the repo (short-term lending) rate to 8.00% and reverse repo (short-term borrowing) rate to 7.00% per annum at its annual monetary policy review meeting held for the financial year 2012-13 on April 17, 2012. Read More
Reserve Bank of India’s Current, Upcoming, and Past Plans, Policies, Projects, and Schemes, Gazette Notifications, Financial Plans, Social Schemes, Investment Proposals, Interest Schemes, Monetary Policy, Monetary Review, Special Schemes, etc. Read More
Inflation rate in India rose 0.11% in December 2014. Ministry of Commerce and Industry, Government of India, released the latest monthly and annual inflation rate data on January 14, 2015. Inflation rate in India is based on Wholesale Price Index (WPI). Read More
India’s annual Consumer Price Index (CPI), which measures inflation, rose to 5.00% in December 2014 as per the latest CPI inflation rate data released on January 12, 2015. In India, the CPI based inflation rate was higher than WPI inflation for the period. Read More
The Government of India has increased the Minimum Support Price (MSP) of urad (black gram) from Rs. 3,300 to Rs. 4,300 per quintal for the crop year 2012-2013. This is an increase of Rs. 1,000 a quintal or 30.30 percent over last year’s MSP fixed for urad. Read More
The Government of India has increased the Minimum Support Price (MSP) of Toria from Rs. 1,780 to Rs. 2,425 per quintal for the marketing season 2012-2013. This is an increase of Rs. 645 a quintal or 36.24 percent over last year’s MSP for toria. Read More
The Government of India has increased the Minimum Support Price (MSP) of sunflower seed from Rs. 2,800 to Rs. 3,700 per quintal for crop year 2012-2013. This is an increase of Rs. 900 a quintal or 32.14 percent over last year’s MSP fixed for sunflower seed. Read More
The Government of India has increased the Minimum Support Price (MSP) of soybean from Rs. 1,650 to Rs. 2,200 per quintal for the crop year 2012-2013. This is an increase of Rs. 550 a quintal or 33.33 percent over last year’s MSP fixed for soybean. Read More