Follow Us on Google News New Delhi, July 22 (IANS) The Centre currently has surplus stocks of rice and wheat which exceed the buffer norm requirement for the public distribution system and social welfare schemes of the poor, the Parliament was informed on Tuesday. The Centre’s total stocks of rice and wheat at 736.61 lakh … Read more
Follow Us on Google News New Delhi, July 21 (IANS) Finance Minister Nirmala Sitharaman informed Parliament on Monday that the government has undertaken a series of measures to reduce the unemployment rate in the country from 6 per cent to 3.2 per cent in the six years and bring down inflation to a six-year low. … Read more
Follow Us on Google News New Delhi, July 21 (IANS) A Crisil report on Monday projected India’s gross domestic product (GDP) to grow at 6.5 per cent this fiscal (FY26), supported by improving domestic consumption, among other positive indicators. The Crisil Intelligence’s near-term outlook report suggested US tariff-related global uncertainty as the top risk to … Read more
Follow Us on Google News New Delhi, July 15 (IANS) India’s retail inflation during the last 11 years is averaging at around 5 per cent — with a steady decline in recent months to touch an over 6-year low of 2.1 per cent in June this year. The Finance Ministry figures show that the average … Read more
Follow Us on Google News New Delhi, July 14 (IANS) The continuous fall in wholesale price index (WPI) inflation for the seventh month in a row is a good sign for India’s economy as it will reduce operational costs for companies, boost domestic demand and support economic growth, industry experts said on Monday. Hemant Jain, … Read more
Follow Us on Google News New Delhi, July 14 (IANS) India’s inflation based on the Wholesale Price Index (WPI) plummeted to the negative zone at 0.13 per cent in June for the first time this year as prices of food and fuels declined during the month, according to data released by the Commerce and Industry … Read more
Follow Us on Google News New Delhi, July 8 (IANS) The cost of home-cooked vegetarian and non-vegetarian thalis declined 8 per cent and 6 per cent (year-on-year), respectively, in June, a report showed on Tuesday. The decline in vegetarian thali cost on-year was due to a sharp drop in prices of vegetables on a high … Read more
Follow Us on Google News New Delhi, June 20 (IANS) The year-on-year inflation rates based on the all-India consumer price index for agricultural labourers (CPI-AL) and rural labourers (CPI-RL) for May this year declined to 2.84 per cent and 2.97 per cent, respectively, compared to 7 per cent and 7.02 per cent in the same … Read more
Follow Us on Google News New Delhi, June 16 (IANS) The continued softening of wholesale price index (WPI) inflation since December 2024 is a positive signal for higher economic growth in India, economists said on Monday, adding that they expect WPI inflation to remain benign in the coming months, assuming geopolitical tensions abate. The annual … Read more