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CPI base revision has limited impact, RBI likely to hold rates in coming q
Updated : 1 week ago IST
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.
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CPI base year revision to help monetary, fiscal policy decision making: CE
Updated : 1 week ago IST
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.
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India revises CPI base to 2024, food share in household spending declines,
Updated : 1 week ago IST
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.
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CPI inflation for January recorded at 2.75% under new base year
Updated : 1 week ago IST
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-
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"CPI is in full support of the general strike": MP Sandosh Kumar on nation
Updated : 1 week ago IST
Speaking to ANI, Kumar said the CPI stands firmly with millions of workers who are opposing the implementation of the labour codes. He alleged that the government has attempted to suppress the strike but asserted that the United Action Council of Workers remains strong.
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"Wherever Communists are in power, financial condition of that state deter
Updated : 1 week ago IST
Replying to the debate on Union Budget in Lok Sabha, she slammed the CPI-M led government in Kerala over law and order situation.
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'Initiative to protect basic rights': CPS's Binoy Viswam rallies support f
Updated : 1 week ago IST
CPI leader, Binoy Viswam, said, The primary slogan raised by farmers and trade unions is the withdrawal of the labour codes, which are not labour codes. It should be named as anti-labour codes.
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CPI(M) moves Supreme Court over Assam CM's alleged remarks against Muslims
Updated : 1 week ago IST
The Communist Party of India (Marxist) has moved the Supreme Court seeking directions against allegedly discriminatory remarks by Assam Chief Minister Himanta Biswa Sarma against the Muslim community.
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RBI likely at end of rate-cut cycle, to opt for long pause as inflation ri
Updated : 1 week ago IST
The Reserve Bank of India (RBI) has likely come to the end of its rate-cutting cycle and is expected to opt for a long pause, as there appears to be limited room to lower interest rates further unless the new series of CPI and GDP throw up unforeseen surprises, according to a report by Bank
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Former CPI leader Pushkar Anand joins JD(U), praises Nitish Kumar's reform
Updated : 1 week ago IST
Speaking to ANI, Anand praised the Chief Minister's education initiatives and emphasised the role of youth in supporting the government's vision.
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Karnataka: Two killed in three-vehicle accident near Tumakuru
Updated : 1 week ago IST
SP Ashok said, "CPI Ramakrishna of Tumkur Sen Police Station sustained head injuries in the accident near Banavar on the Tumkur-Kunigal road. He is undergoing treatment at Siddaganga Hospital in Tumkur."
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Inflation needs monitoring in FY27 as new CPI series kicks in: SBI Researc
Updated : 1 week ago IST
The trajectory of inflation needs to be monitored before taking a monetary policy call by the Reserve Bank in 2026-27, with the Consumer Price Index (CPI) series set to come into effect soon, said SBI Research in a report.
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