Today's news shows Indian inflations is continue. It is now on 11.89%. It has broken all the previous records and all the consumer product is going to dearer. About it Hindustan Times writes, “Inflation is hovering around a 13-year high of 11.89 per cent for the week ended July 12. RBI said that pressures from international food and energy prices have amplified inflationary expectations in India.” It is not only in India but also it is in all over world.
On the one hand inflations is growing and consumer goods are going to be dearer. On the other hand P. Chidambaram has no idea to control this inflations. He is saying to pay all the bills to decrease inflations rate.
An Another story is going with it. All the companies are getting their net profit in this quarter about more than 50% average. What is the cause that consumer goods are going to be dearer, inflations is going higher day by day and on the other hand companies getting profit always. What is the cause behind this?
In this quarter Tata Steel has get about upto 21% net profit, Hidustan Media is on 10% and GAIL is on 31% of rise. What is the cause of its?
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