https://www.taxtmi.com/news?id=351 Monetary tightening may be prompted by a sharp rise in wholesale price-based inflation to 7.41% for the week ended March 29, driven mainly by week-on-week increases in fruits and vegetables, pulses, cereals, condiments and spices and selected manufactured items. Specific item movements include rises in fruits and vegetables, pulses, wheat, marine fish, certain minerals and sugar, while milk, maize and some imported edible oils softened. The inflation surge, despite a high year-earlier base, is likely to influence the Reserve Bank's upcoming annual credit policy to restrain inflationary pressure. en-us Fri, 11 Apr 2008 12:14:00 +0530 Mon, 23 Jun 2008 18:40:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=351 Monetary tightening may be prompted by a sharp rise in wholesale price-based inflation to 7.41% for the week ended March 29, driven mainly by week-on-week increases in fruits and vegetables, pulses, cereals, condiments and spices and selected manufactured items. Specific item movements include rises in fruits and vegetables, pulses, wheat, marine fish, certain minerals and sugar, while milk, maize and some imported edible oils softened. The inflation surge, despite a high year-earlier base, is likely to influence the Reserve Bank's upcoming annual credit policy to restrain inflationary pressure. News - Fri, 11 Apr 2008 12:14:00 +0530 https://www.taxtmi.com/news?id=351