Monday, Jun 17 2019 | Time 20:06 Hrs(IST)
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  • World Food India to be held from Nov 1-4 in New Delhi
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  • Raghubar chairs high-level meeting over Maoists activities in state
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Business Economy


Retail inflation rate at 3.05 pc in May

New Delhi, Jun 12 (UNI) Retail inflation rate rose further to 3.05 per cent in May, the government said on Wednesday.
Consumer Price Index (CPI)-based inflation was 2.92 per cent in April and 2.86 per cent in March, mainly due to hike in food prices.
The CPI-based inflation in April was revised marginally upwards to 2.99 per cent from the earlier estimate of 2.92 per cent, the data released by the Ministry of Statistics & Programme Implementation said.
The inflation rate for Food and Beverages stood at 2.03 per cent, while Pan Tobacco and Intoxicants stood at 3.93 per cent.
The inflation rate for Clothing and Footwear for May stood at 1.80 per cent, Housing at 4.82 per cent and Fuel and Light at 2.48 per cent.
The inflation rate for vegetables stood at 5.46 per cent, while the price of cereals and products grew at the same rate of 1.24 per cent.
The RBI has fixed 4 per cent as a target for inflation rate.
In its June monetary policy, the RBI cut the interest rate by another 25 basis points (100 basis points equal to one per cent). It was the third successive rate cut by the central bank.
UNI RSA RJ 1906
More News
Honor 20i, priced at Rs 14,999, on Flipkart from Tuesday

Honor 20i, priced at Rs 14,999, on Flipkart from Tuesday

17 Jun 2019 | 6:14 PM

New Delhi, Jun 17 (UNI) Honor, a global leading smartphone e-brand has announced the availability of its recently launched smartphones, Honor 20i and Honor 20.

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5 Paisa com launches brokerage plan for Options trading

5 Paisa com launches brokerage plan for Options trading

17 Jun 2019 | 6:09 PM

New Delhi, Jun 17 (UNI) Discount broker 5Paisa.com on Monday announced the launch of Options – X, brokerage plan for Options Trading, which allows customers to effectively capitalise on market opportunities with higher exposure.

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Rupee down by 10 paise against USD

Rupee down by 10 paise against USD

17 Jun 2019 | 6:07 PM

Mumbai, Jun 17 (UNI) The Rupee on Monday slipped by ten paise to 69.90 against the US Dollar, on rising demand for US Dollars by bankers and importers, dealer at Forex Market informed.

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Kottayam-Kochi Rubber Market Rates

17 Jun 2019 | 5:51 PM

Kottayam, Jun 17 (UNI) Following were the Rubber Market rates
announced by the Rubber Board here today per quintal.

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17 Jun 2019 | 5:43 PM

The sectoral indices led by Metal, Materials, Energy, Finance,
Health Care, Industrials, Telecom and Utilities slipped by up to
3.

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