Topic: 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...
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... 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...
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...
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...
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...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...
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...
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...
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...
RBI Sixth bi-monthly Monetary Policy Statement 2018-19: Key Facts
The important facts related to the RBI’s sixth bi-monthly monetary policy statement for 2018-19 is listed below: RBI has relaxed the CPI or retail inflation forecasts for India...
