costlier

Hallabol ! The Reserve Bank of India (RBI) raised interest rates by a quarter of a percentage point, its 12th hike since March last year, to combat near double-digit inflation. Repo rate is the rate at which banks borrow money from RBI. When the repo rate increases, borrowing from RBI becomes...

States like Delhi and Maharashtra are exploring the possibility of imposing taxes on services like MMS, downloads, caller tunes, ringtones, and other such value added services. Mobile VAS are the premium services offered by cellular phone operators and service providers, Currently the govt is...

India's fast economic growth and appreciation of rupee have made its cities more expensive for expatriates this year, though they remain cheaper when compared to other leading Asian cities such as Tokyo, Hong Kong and Singapore, a latest survey says. Seven Indian cities -- Mumbai, New Delhi...

Heavy downpours halve the number of supply trucks coming into Navi Mumbai Mumbai: As if the disastrous deluges were not enough, Mumbaikars now have to cope with another problem: the rising cost of vegetables, to the tune of 40 to 60 per cent. The reason is not too difficult to fathom. The...