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What does high WPI inflation mean for interest rates? -Dinesh Unnikrishnan

-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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India’s excess COVID deaths statement inaccurate, says WHO technical group member -Jacob Koshy

-The Hindu India raises objections to methodology used by WHO to compute excess deaths “Inaccurate,” is how a scientist, part of a World Health Organisation (WHO) team computing the global death toll of the COVID-19 pandemic, described India’s objections to the method used. A forthcoming WHO analysis reportedly computes India’s true toll to be much higher than official estimates. The Union Health Ministry on Saturday, in response to article, “India is Stalling the...

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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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Masks Mandatory In Lucknow, 6 UP Districts Near Delhi As Covid Cases Rise

-PTI/ NDTV.com In the last 24 hours, 65 new Covid cases have been confirmed in Gautam Buddh Nagar, 20 in Ghaziabad and 10 in Lucknow. Lucknow: The Uttar Pradesh government on Monday made it compulsory for people to wear a face mask in public places in capital Lucknow and six NCR districts amid a rise in Covid cases in some adjoining states, an official said. The INCrease in Covid cases has had an...

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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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