Released by the Ministry of Labour and Employment (MoLE), the CPI for Agricultural Labourers now stands at 1258 points, while the CPI for Rural Labourers stands at 1268 points, both based on the 1986-87=100 base year.
Pakistan, in order to cater to its economic downfall, once again raised the prices of domestic natural gas. This action has now become the reason for a countrywide revolt.
Gurugram (Haryana) [India], February 15: In today's world, beating relentless inflation and securing your future hinges on a solid investment strategy. Yet, navigating through countless options often leads to more confusion than clarity. Sometimes, investment decisions go unexecuted due to a
Indian stocks extended their gains to be in the green at opening bell Thursday, largely tracking a rebound in Asian and US peers after hotter-than-expected US inflation pulled them down in the previous session.
US Fed had raised interest rates from near zero to now 5.25-5.50 per cent in the fight against inflation. Raising interest rates is a monetary policy instrument that typically helps suppress demand in the economy, thereby helping the inflation rate decline.
The US stocks ended with deep cuts, after sticky US inflation data - more than estimated at 3.1 per cent in January -- triggered worries of further delay in the easing of interest rates. S&P 500 declined about 1.4 per cent Tuesday.
Indian stock indices started Tuesday's session marginally in the green, bucking the trend from the previous session where they declined substantially due to profit booking and volatile global markets.
Retail inflation in India declined to 5.10 per cent in January due to an easing in food prices, according to the data released by the government on Monday
Indian stock indices started fresh week marginally higher, extending gains from the past week, with investors eyeing retail inflation data for January to be released later in the day.