InfoAnda - India to grow strongly but food inflation a worry

Pakistanis angry over detentions in Times Sq. case
Monday, May 24, 2010
ISLAMABAD – Relatives of three men detained by Pakistan for alleged links to the suspect in the attempted Times Square bombing say the men are innocent.
They

Taiwan denies boycotting Australian film festival
Thursday, August 6, 2009

AFP - Thursday, August 6TAIPEI (AFP) - - Taiwan's Beijing-friendly government on Wednesday denied boycotting an Australian film festival amid a row over the e

Merkel's support dips, regional ally resigns International
Thursday, September 3, 2009

By Sarah Marsh and Noah Barkin

BERLIN (Reuters) - Chancellor Angela Merkel suffered a double blow on Thursday as a senior party ally in east German

Minister seeks closure of anti-Berlusconi websites
Wednesday, December 16, 2009
ROME (AFP) - – The Italian government moved Tuesday to close down Internet sites encouraging further violence against Prime Minister Silvio Berlusconi, who

Asian markets mixed after Wall Street rally
Wednesday, March 18, 2009

By ELAINE KURTENBACH,AP Business Writer AP - Wednesday, March 18SHANGHAI - Asia's stock market rally seemed to be running out of steam Wednesday, despite an

Thai floods toll jumps to 32 | 23 October 2010
VW to raise 4.2 bln euros at 65 euros per share | 26 March 2010
Norway mass killer wants time in court to tell why | | 25 July 2011

Obama warns against loose talk of war on Iran | | 5 March 2012

Forum Views () Forum Replies ()

Read more with google mobile : India to grow strongly but food inflation a worry

Yahoo! My Yahoo! Mail More Yahoo! Services Account Options New User? Sign Up Sign In Help Yahoo! Search web search Home Singapore Asia Pacific World Business Entertainment Sports Technology Singapore Asia Pacific World India to grow strongly but food inflation a worry AFP - Saturday, December 19 Send IM Story Print India to grow strongly but food inflation a worry Slideshow: Full Photo Coverage: Business & Economy NEW DELHI (AFP) - – India's economy has turned around and could grow by over 7.75 percent this year, the government said Friday, but warned surging food inflation was hitting the "common man" and must be tackled fast. "The clouds of uncertainty (about economic growth) have lifted," the finance ministry said in a review of Asia's third-largest economy submitted to parliament that surveyed the first half of the fiscal year. "The macro-economic situation confirms signs of a turnaround," said the report which underscored India's new role in helping spearhead global economic recovery. But the report added the Congress-led government, re-elected in May on a pro-poor agenda, was worried about rising food prices -- traditionally a potent political trigger -- and said the issue must be addressed on an "urgent basis". "The rise in the prices of primary articles of consumption of the common man observed in recent times is indeed a cause of concern," said the report presented by Finance Minister Pranab Mukherjee. Food inflation hit a more than decade high of 19.95 percent for the week ended December 5 from a year earlier on the back of the weakest monsoon in nearly four decades that hit crop output, data showed this week. Prices of staples like potatoes have surged 136 percent from a year earlier while pulses cost 40 percent more. On Wednesday, opposition lawmakers forced parliament to adjourn as they staged a raucous protest against the food price rises. The food price rise has pushed overall inflation to a 10-month high of 4.78 percent in November, prompting predictions by analysts that the central bank may soon raise interest rates to check inflation. However, the finance ministry report said the increase in food prices could be tackled by boosting supplies. It sought to play down any need to raise rates quickly from record lows and highlighted a need to ensure economic recovery is firmly entrenched. The timing of the withdrawal of government stimulus measures "will depend on the strength of the recovery and its sustainability," the report said. The government has already "taken a number of important measures to improve the domestic availability of essential commodities," said Mukherjee, who has suggested the government may also increase food imports to boost supplies. The upbeat growth outlook came after India late last month posted 7.9 percent expansion in the second fiscal quarter, the best numbers in 18 months, propelled by government spending and record low interest rates. A government economic survey in July forecast growth for this financial year ending in March could be around seven percent -- plus or minus 0.75 percent. But the latest review said growth was likely to be in the upper band of the range "and may exceed it," spurred by expansion in industry and services. "Indicators confirm recovery of almost the entire economy," said the report. The growth "is a remarkable achievement given current global conditions," said Chandrajit Banerjee, director-general of the Confederation of Indian Industry, who at the same time argued against a quick end to stimulus measures. Recommend Send IM Story Print Related Articles Applied Materials to close Semitool bid by Dec. 21 AP - 2 hours 34 minutes ago EMC rises as NetApp falls after Goldman report AP - 2 hours 39 minutes ago Multimedia gets OK from Mississippi gaming board AP - 2 hours 45 minutes ago Switch to cash unlikely to slow down checkouts AP - 2 hours 51 minutes ago Shoppers, wary of credit cards, get creative AP - 2 hours 54 minutes ago News Search Top Stories GM sets end of road for Swedish brand Saab Thieves steal infamous Auschwitz death camp sign British borrowing rockets to record high Greek financial sector is hit by new credit doubts Strauss, Trott launch solid England reply More Top Stories » Related Full Coverage China Economychina economy All Full Coverage » ADVERTISEMENT Most Popular Most Viewed Most Recommended Brazilian confesses to sticking needles into two-year-old Tiger's wife Elin seeking divorce: reports Boeing's Dreamliner in maiden flight BA wins court battle to stop Christmas strikes Asians, Africans 'left out of stem cell research' More Most Viewed » Global stocks mixed amid Dubai debt crisis Tiger's wife Elin seeking divorce: reports Tiny magnetic discs could kill cancer cells: study Virgin unveils spaceship to offer space tourism Tiger Woods' girlfriend apologizes in TV interview More Most Recommended » Elsewhere on Yahoo! Financial news on Yahoo! Finance Stars and latest movies Best travel destinations More on Yahoo! News Home Singapore Asia Pacific World Business Entertainment Sports Technology Subscribe to our news feeds Top StoriesMy Yahoo!RSS » More news feeds | What are news feeds? Also on Yahoo Answers Groups Mail Messenger Mobile Travel Finance Movies Sports Games » All Yahoo! Services Site Highlights Singapore Full Coverage Most Popular Asia Entertainment Photos Copyright © 2009 Yahoo! Southeast Asia Pte. Ltd. (Co. Reg. No. 199700735D). All Rights Reserved. Terms of Service | Privacy Policy | Community | Intellectual Property Rights Policy | Help

Other News on Saturday, 19 December 2009
Lebanon ship rescuers find 14 survivors, nine bodies
Snowy Europe cold snap brings transport chaos
Swiss and Google reach privacy accord pending verdict
Iranian forces take over Iraq oil well
British borrowing rockets to record high
EU employers concerned about Chinese protectionism
French ex-president Chirac faces new corruption charges
Mexico turns to navy to bolster flagging drug war |
Iraq: Iran oil well takeover violated sovereignty
US-TECH Summary
Twitter hacked by "Iranian Cyber Army"
Karzai to keep pro-West ministers: Afghan officials |
Google in talks to buy Yelp: report
Morocco yields to pressure, activist back home |
French court rules against Google
Colombia says Mexico capo death weakens cartel ties |
Bruised Berlusconi to capitalize on assault |
Twitter hacked by 'Iranian Cyber Army'
Support lower for U.N. text on religion defamation |
U.S. trade court rules for Kodak in patent fight |
Deadlock forces climate talks into overtime
Va. man convicted of in-home indecent exposure
Suicide bomber near Pakistan mosque kills 10
U.S. and Russia close to agreeing arms deal
'Details' still outstanding in new US arms treaty: Russia
Hundreds demand Papuan independence
Slain Fla. girl's mom may still face death penalty
Massacre suspect mobbed by journalists in Philippines
GOP signals more delays ahead for health bill
Vietnam's 'illegal' Buddhists seek French asylum
'Pink Panther' jewel thieves sentenced in Serbia
High-speed ferry ends service from Maine to Canada
Mosque bomb kills 11 as US drone targets NW Pakistan
Storms flood Fla., bear snow for mid-Atlantic
Volunteer work resolves NYC cat-stomping case
Rights group accuses Mongolia over 2008 rioting
New CDC estimate: 1 in 110 children have autism
US official: Obama, Chinese take 'step forward'
Feds: Arrests in Africa link al-Qaida, drugs
Chinese environmental group wins two cases
US says China agrees to end brand subsidies WTO case
Keira Knightley wins mixed reviews in stage debut
Chinese environmental group wins 2 cases
India to grow strongly but food inflation a worry
North Korea sets new prices, uncertainties remain
Jon and Kate Gosselin divorce finalized |
Michael Jackson tribute concert scrapped |
Spain's 'guardian angels' help reduce prison suicides
US-ENTERTAINMENT Summary
Keira Knightley wins mixed reviews in stage debut
Jackson tribute organizer in liquidation
Beauty is between eyes, mouth of the beholden
ABC Newsman Charles Gibson's last day at work
Afghan president faces first test with cabinet choices
Afghan leader keeps top ministers in new cabinet |
Twitter hacked by 'Iranian Cyber Army'
Three Eurostar trains stuck in Channel Tunnel
Iraq accuses Iran of seizing oil well near border
Ailing Chrysler has nothing new for Detroit auto show
Stop threats if you want a nuclear deal, Ahmadinejad tells West
'Avatar' director Cameron gets Hollywood star
Iraq protests against Iranian takeover of oil well
Fifty Serbian citizens leave on first visa-free EU visit
Sales of music video games plummet in 2009
Attacks on Greek ruling party offices ahead of debt talks
Trade court rules for Kodak in patent fight
Deadlock forces climate talks into overtime
French court rules against Google
Thieves steal infamous Auschwitz death camp sign
Uganda anti-gay measure a bad precedent |
Trade court rules for Kodak in patent fight
RIM outshines Palm but fails to dispel all doubts |
Report: US helped Yemen's strike against al-Qaida
Sales of music video games plummet in 2009 |
Cambodia to deport Uighurs despite persecution fears
P & G Issues Recall For Dayquil Cold & Flu Liquicaps Due To Lack Of Child-Resistant Backing
Google in talks to buy review site Yelp: reports |
Philippine volcano evacuees facing 'months away'
Book explores evangelical monopoly in sports world
Majority Of CEOs Surveyed Plan To Increase Workforce Over Next 1.5 Years
Verizon Wireless says early termination fees fair |
SEA Games: Inquest starts for table-topping Thailand
Correction: Ganja Gourmet story
Restaurant: Discount With Grilled Cheese Sandwich Tattoo
CDC: Rare infection passed on by Miss. organ donor
Child, 4, Found Drinking Beer Wearing Dress
Cambodia to expel 20 Uighurs despite US protest
Death Penalty Use Decreases In U.S.
Kansas girl says 'Superman' lifted vehicle off her
Patent Battle Reset For NewRiver and Newkirk Products
Chinese-sculpted winter wonderland in Washington
Researchers: Umbilical Cord New Option For Stem Cell Harvesting
Beijing vehicles exceed four million: state media
Man arrested after throwing paint on Vegas sign
French Court Fines Google $430,000 For Violating Copyright Law In Digitizing, Publishing Books Online, Orders Google To Stop
Europe laments 'lack of ambition' in climate deal
Book: Prosecutors were prepared to indict Clintons
Obama sends New Year's greetings to Hmong
Gay Couple Argue Over Divorce
Justice Department Asks Court Not To Lift ACORN Funding Ban
Australian PM says climate talks nearly collapsed
Pakistani c.bank buys 120 bln rupees of govt paper
World air travel falls record 3.1 percent in 2009
Eminem named artist of decade on U.S. charts |
"Avatar" midnight screenings pull in $3.5 mln
Alicia Keys finds freedom from Motown sound |
"Alien" screenwriter Dan O'Bannon dead at 63
Madonna leads list of 2009's top music tours |
The five legal cases that defined the year in music |
Alien screenwriter Dan O'Bannon dead at 63 |
Officials: Pot found on 2 Lil Wayne tour buses
Kashmir's disabled cricketer dreams of India match
Jackson's 'Captain EO' to return to Disneyland
Rising affluence sees Beijing cars pass 4 mln mark
Flying Chihuahuas: Dogs change coast in big exodus
Beyonce's mother Tina Knowles files for divorce
ABC News' Charles Gibson signs off after 34 years
Eminem named artist of decade on U.S. charts
Madonna leads list of 2009's top music tours
Iraqi troops in standoff with Iran
Iran, Iraq seek diplomatic end to border dispute |
Google phone revolution or misdirection?
Karzai tries to please all with new Afghan cabinet
Nigeria oil rebels claim attack over talks delay |
Lebanon's Hariri in Syria for landmark talks
Cambodia to deport Uighurs despite persecution fears |
U.S. helped Yemen with hardware, intelligence: report |
Lebanon's Hariri in Syria for landmark talks |
Iran ready to examine nuclear fuel swap offers: FM
Strong quake hits Taiwan, minor damage reported |
Karzai tries to please all backers with new Afghan cabinet
Four al Qaeda suspects found in Yemen hospital |
Lebanon's Hariri in Syria on first trip as PM
Suspected insurgents kill 3 Buddhists in Thai south |
Pope John Paul moves closer to sainthood |
Karzai presents new Afghan Cabinet list
Chinese vice president arrives on Myanmar visit
15 rescued Sri Lankan refugees leave Indonesia
Key defense spending vote in Senate on Saturday
Nominees for Afghanistan's new Cabinet
The nation's weather
Pakistani ruling party grapples with amnesty's end
U.S.-Russia arms deal unlikely before Feb-newspaper
Suspected insurgents kill 3 Buddhists in Thai south
Zardari convenes Pakistan crisis talks
Brazil AG's appeal backs US dad in custody battle
Pakistan ruling party grapples with court decision
China's vice-president arrives in Myanmar for talks
Honda to build fifth plant in China: report
Beijing enlists LA Lakers to promote city: report
Restaurant: Discount With Grilled Cheese Sandwich Tattoo
Child, 4, Found Drinking Beer Wearing Dress
Greece at new risk of being pushed off euro
Bodies of missing Tenn. mom, Jo Ann Bain, and daughter found
Female Breasts Are Bigger Than Ever
AMD Trinity Accelerated Processing Units Now in Volume Production
The Avengers (2012 film), made the second biggest opening- and single-day gross of all-time
AMD to Start Production of piledriver
Ivy Bridge Quad-Core, Four-Thread Desktop CPUs
Islamists Protest Lady Gaga's Concert in Indonesia
Japan Successfully Broadcasts an 8K Signal Over the Air
ECB boosts loans to 1 trillion Euro to stop credit crunch
Egypt : Mohammed Morsi won with 52 percent
What do you call 100,000 Frenchmen with their hands up
AMD Launches AMD Embedded R-Series APU Platform
Fed Should not Ignore Emerging Market Crisis
Fed casts shadow over India, emerging markets
Why are Chinese tourists so rude? A few insights

USD EUR - 1 year graph	VPN on MacOSX	BlogMeter 1.01