Current Affairs

GK MCQs Section

CPI

CPI and WPI based inflation Data Updates

The Wholesale Price Index reduced to 4.73% and the Consumer Price Index increased to 6.52% in January 2023. The WPI was 4.95% in December 2022 and the CPI...

February 15, 2023

US Fed Rate Hike – Impact on India

In the first hike since 2018, the US Federal Reserve increased the interest rates by 25 basis points. Reasons for US Fed Rate Hike In February, inflation in...

March 17, 2022

Retail Inflation in February 2022

According to the data released by the Ministry of Statistics & Programme Implementation (MoSPI), India’s retail inflation surged to 6.07% in February. About the surge in inflation Retail...

March 17, 2022

RBI Monetary Policy

On April 7, 2021, the Monetary Policy Committee of Reserve Bank of India announced the outcome of its bi-monthly monetary policy review. Key Highlights The repo rate has...

April 7, 2021

RBI Monetary Policy Committee Meeting: Key Highlights

The RBI recently held its Monetary Policy Committee meet. During the meet, the Reserve Bank of India has kept the repo rate unchanged at 4%. Repo rate is...

December 4, 2020

COVID-19: Hike in Dearness Allowance for the year 2021 put on hold

The Government of India on April 23, 2020, put on hold to the hike in dearness allowance. This is being done by the union government to save Rs...

April 24, 2020

Santosh Rana, veteran Naxalite leader, passes away

Santosh Rana (76), the veteran Naxalite leader, has passed away in Kolkata on June 29, 2019. He is one of the foremost leaders of the Communist Party of...

July 2, 2019

Why WPI is not getting reflected in CPI?

The prices of food items in India are rising at a much faster pace at the wholesale level than the retail end. The wholesale price index (WPI) for...

June 20, 2019

NPP gets National Party Recognition

The National Peoples Party (NPP) which is currently in power in the state of Meghalaya has been recognised as a national party . The addition has taken the...

June 11, 2019

Retail inflation increases to 2.57% in February 2019

The Central Statistical Office (CSO) has released the data of Inflation for the month of February 2019. The data shows that: Retail inflation was at a four-month high...

March 13, 2019

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