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Stung by price hike? Keep (your) fingers crossed With rising inflation, the political pressure on the government too is going up. Inflation hits 3-yr high, at 7 per cent | Sensex loses 480 pts There is possibility of Govt bringing back price ceilings on commodities. Soaring inflation could deflate UPA poll bubble The slowing economy threatening to derail election strategy of UPA. US economy losing steam; 80,000 job cuts in March Unemployment rate in the US is the highest since September 2005. FAQs: Everything you want to know about inflation Inflation is an increase in the price of a basket of goods and services that is representative of the economy as a whole. Reliance to foray into semi-conductors business Reliance wants to invest about Rs 30,000 crores over the next 10 years. RSS URL: http://www.ibnlive.com/xml/rss/business.xml

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