-Moneycontrol.com The spike in WPI will put more pressure on the rate-setting body to initiate a tight policy stance On April 18, the government data showed that India's inflation based on the Wholesale Price Index (WPI) rose to a four-month high of 14.55 percent in March from 13.11 percent in February. With this, the WPI inflation has now been in double-digit territory for 12 consecutive months. What is the significance of this data?...
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WPI inflation rises to 14.55% in March, completes one year in double-digit territory
-MoneyControl.com The rise in wholesale inflation in March to a four-month high comes after data released on April 12 showed the more closely-tracked headline retail inflation rate jumped to a 17-month high of 6.95 percent last month India's inflation based on the Wholesale Price Index (WPI) rose to a four-month high of 14.55 percent in March from 13.11 percent in February, according to data released by the commerce ministry on April 18. The...
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More »Delhi's Auto, Taxi Drivers Start 2-Day Strike Today Over Fuel Price Hike
-ANI/ NDTV.com Auto, Taxi Drivers Strike In Delhi: Several unions of auto and cab drivers are demanding that the fare rates be hiked and fuel prices be reduced. New Delhi: To protest against the soaring fuel prices, members of auto, taxi and cab drivers' associations in Delhi have decided to go on a strike from Monday for two days. Several unions of auto and cab drivers are demanding that the fare rates be...
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