The wholesale price index-based deflation continued for the seventh month in a row, at 2.36% in May, though the rate of decline in prices moderated from 2.65% in April, according to official data.
The Oil Marketing Companies (OMCs) announced Rs0.64 per litre hike in petrol prices and a Rs1.35 per litre cut in diesel rates in order to align the domestic rates with global price benchmarks.
The wholesale price index-based deflation continued for the seventh month in a row, at 2.36% in May, though the rate of decline in prices moderated from 2.65% in April, according to official data.
The Department of Telecom (DoT) has issued the Letter of Intent (LoI) to all the telecom players that participated in the March auction and is speeding up spectrum allocation to them.
Services exports fell by 4.5% to USD13bn in April 2015 as compared to the same month last year.
In the backdrop of Uttar Pradesh government promising to provide 22-24 hr power supply before 2017, UP has registered maximum power shortage amongst the 12 major Indian states.
The wholesale price index-based deflation continued for the seventh month in a row, at 2.36% in May, though the rate of decline in prices moderated from 2.65% in April, according to official data.
The Department of Telecom (DoT) has issued the Letter of Intent (LoI) to all the telecom players that participated in the March auction and is speeding up spectrum allocation to them.
Services exports fell by 4.5% to USD13bn in April 2015 as compared to the same month last year.
In the backdrop of Uttar Pradesh government promising to provide 22-24 hr power supply before 2017, UP has registered maximum power shortage amongst the 12 major Indian states.
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