-The Hindu Business Line The surge in non-farm employment has led to a rural consumption splurge, making listed companies bullish Is rural India languishing in abject misery, or is it on a cheerful spending spree? Today you can get diametrically opposing views on this, depending on where you get your information. If you are an avid follower of news, then you would be firmly in the pessimist camp, having read all about...
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Costlier fuel pushes up WPI inflation to 3.18 per cent in April
-PTI WPI inflation, which was on a declining trend since December 2017, accelerated in April due to an unfavourable base effect, a seasonal uptick in food prices as well as the pass through of rising global crude oil prices. New Delhi: Inflation based on wholesale prices touched a four-month high of 3.18 per cent in April on increasing prices of petrol and diesel as well as fruits and vegetables. The Wholesale Price...
More »Wholesale price inflation at a seven-month low of 2.48% in February
-PTI WPI inflation at 2.48% in February is the lowest in seven months. The previous low was recorded in July at 1.88% Inflation based on wholesale prices eased to a seven-month low of 2.48% in February on cheaper food articles, including vegetables. On the basis of the Wholesale Price Index (WPI), inflation was at 2.84% in January, and 5.51% in February 2017. WPI inflation at 2.48% in February is the lowest in seven months....
More »Cong shuns Lokpal meet
-The Telegraph New Delhi: The leader of the Congress in the Lok Sabha, Mallikarjun Kharge, refused to attend a selection committee meeting on the Lokpal on Thursday, accusing the government of reducing a "scared procedure" to a "political pretence". In a letter to Prime Minister Narendra Modi, Kharge pointed out that he was invited to the meeting as a mere "special invitee" who would have no say in the selection. "The conduct of...
More »Wholesale inflation at 6-month high of 3.59%; vegetables get 37% costlier
-PTI WPI-based inflation in September had been the highest since April's 3.85% New Delhi: Inflation at the wholesale level rose to six-month high of 3.59 per cent in October as the prices of food articles, led by onions and vegetables, rose sharply. Inflation, based on the Wholesale Price Index (WPI), was 2.60 per cent in September. In October last year, it was 1.27 per cent. Last month's inflation was the highest since April, when it...
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