New Delhi, May 1: Confederation of Indian Industry (CII) President K V Kamath today expressed concern over rising prices going to levels where controlling it could become difficult for the government.

Seeking to underplay the political controversy over the inflation, Kamath said, "Growth momentum is too strong for the government to control."

“The current "inflationary momentum has caught us by surprise. Initially, we thought it was only external factors and food driven but suddenly it has gathered momentum in the last three-six months," Kamath said.

New Delhi, Apr 29 : Finance Minister P Chidambaram on Tuesday gave assurances that the Reserve Bank of India’s monetary policy and fiscal measures would help to control inflation.

“The 25 basis points hike in the Cash Reserve Ratio by the RBI, the steps taken in the last three weeks on the food front and the measures announced today together would have an impact on the price situation,” Chidambaram told members of the Lok Sabha after the passage of the Finance Bill.

“Changes in duty charges that was announced today, would have a revenue implication of Rs 1,500 crore, while those announced between the budget and now would have an impact of Rs 4,840 crore,” he added.

New Delhi, Apr

New Delhi, Apr 25 : Union Finance Minister P Chidambaram told the Lok Sabha on Friday that every measure within the power of the government has been taken and would be taken to calm inflation being largely driven by high international commodity and food prices.

“You must be patient. We must take whatever steps have to be taken and I am confident that inflation will moderate over a period of time. Inflation as we said in the debate is largely driven by international prices of commodities and food,” Chidambaram said.

New Delhi, Apr 25 : Data released by the Ministry of Industry for the week ending April 12, shows inflation rising again to 7.33 per cent from 7.14 per cent in the previous week, largely due to foo

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