Consumer Price Index (CPI) new method market additions for the calculation of the inflation data skewed towards few states as UP, Maharashtra accounts for 43 per cent of new markets, highlighted a report by SBI.
The revision in the Consumer Price Index (CPI) base year has had a limited impact on monetary policy interpretation, and the Reserve Bank of India (RBI) is expected to maintain status quo on interest rates in the coming quarters, according to a report by Union Bank of India.
The Government of India has been supporting states in providing quality power to all consumers through schemes like Deen Dayal Upadhyaya Gram Jyoti Yojana (DDUGJY), Pradhan Mantri Sahaj Bijli Har Ghar Yojana (SAUBHAGYA), and the Revamped Distribution Sector Scheme (RDSS).
Chief Economic Advisor Anantha Nageswaran on Thursday said that the Consumer Price Index, based on the revised base year, will improve the quality of monetary and fiscal policy decisions.
India has revised the base year of the Consumer Price Index (CPI) to 2024 from 2012 to reflect changes in consumption patterns, improved data sources and updated methodologies, Secretary, Ministry of Statistics and Programme Implementation (MOSPI), Saurabh Garg, said today.
Sri City (Andhra Pradesh) [India], February 12: Hisense, a global leader in consumer electronics and home appliances, today inaugurated its first manufacturing facility in India through a joint venture with Epack Manufacturing Technologies Private Limited (EMTPL), a wholly owned subsidiary o
New Delhi [India], February 12: In an era where global trade is defined by rapid shifts in technology and consumer demand, the ability to maintain consistency is a hallmark of true industry leadership. This year, Everfast Freight Forwarders Pvt. Ltd., one of India's most prominent names i
New Delhi [India], February 12: Growtele Communication Pvt Ltd, a Communications Platform as a Service (CPaaS) provider, is targeting a valuation of around ₹500 crore (approximately USD 55 million) as it expects to double its turnover in FY26, supported by rising enterprise adoption of cloud
Under the new arrangement, the base year has been revised from 2012 to 2024 using Household Consumption Expenditure Survey 2023-24. Further, now there are 12 Divisions in place of 6 Groups in accordance to Classification of Individual Consumption According to Purpose (COICOP) 2018. The year-
The administration in Lahore has dismissed a dozen price control magistrates for what authorities termed persistent inefficiency, a decision that highlights the depth of public anger over unchecked inflation in everyday markets. The deputy commissioner ordered their immediate removal and rev
According to Dawn, cultivators typically rely on last season's returns instead of dependable projections about demand, exports or global supply. When a crop fetches good prices one year, acreage surges the next. The market then becomes flooded, prices collapse, and farmers absorb heavy losse
New Delhi [India], February 12: Following a historic start to 2026 that saw gold prices climb to ₹1,60,540 per 10 grams, Muthoot Finance is providing a roadmap for consumers to navigate this new landscape. This 18% surge in value has prompted the gold loan leader to issue a market advisory,