The inflation was at 5.79 per cent in July and 8.01 per cent in August,2012.
Experts say they don't see any sign of recovery in the second half of the current fiscal.
Panel says CAD to moderate to 3.8 per cent of GDP in 2013-14 from 4.8 per cent a year ago.
The economic 'crisis' which has persisted for over a year now,was anticipated way back in 2011 by many.
The growth rate is expected to moderately decline to about 7.6 pct in 2013 from 7.8 pct last year.
Presently,the current size of the Durga Puja industry is Rs 25,000 crore.
In July,exports registered a growth rate of 11.64 per cent,the most in nearly two years.
Engineering export body EEPC India today said large imports of engineering goods,in addition to crude oil and gold,are exerting pressure on country's current account.
An alert has been sounded by a financial intelligence agency to all international airports and other transit points within the country to check smuggling of gold.
Of the total of Rs 1,27,897.39 crore pending demand,Rs 73,274.74 crore was for service tax and Rs 54,172.65 crore for excise duty,it said.
The cut in corporate budgets and curtailing of bonuses would have wider ramifications,dampening the already subdued business environment further.
'My father allowed me to question his policies,ideas and even values.'
FDI into India increased by 6 pct year-on-year to USD 10.87 bn during first six months of this year.
By creating an essentially off-balance-sheet way for the central bank to subsidize but not completely underwrite capital flows,Rajan intelligently worked around his main problem.
Jammu and Kashmir,Punjab,Assam and Chhattisgarh are amid top five states.
The RBI measures though are also taking a toll on the banking sector.
'India is a fundamentally sound economy with a bright future.'
A fresh debate has triggered on implication for domestic firms raising money from abroad.
S&P had said yesterday that there is one third possibility of a rating downgrade of India.
Raghuram Rajan cited Rudyard Kipling while stating his intent to do the right thing,even amid criticism.
During April-July 2013-14,garments exports grew by 13 per cent to $4.84 billion,AEPC said in a statement.
Traders cites hopes that Raghuram Rajan will bring a new approach to RBI's defence of the rupee.
Services activity slipped to 47.6 in August,the weakest since April 2009,from 47.9 in July.
The Indian and US investors' levels of intent to invest in India is 3.72 and 2.8,respectively.
Goldman Sachs report says worse-than-expected data has come in for Q2 2013.