Indian economy has been adversely impacted by the pandemic and the recovery has been relatively sluggish in the wake of the second Covid wave
With 72 hours left for the resumption of dearness allowance, the government should assure the employees of lifting of the frozen part of their salary.
Rise in global crude oil prices, weaker rupee and constant upward revision in domestic fuel prices remain high risk factors for wholesale inflation
In this video, Sakshi Batra explains why you should take a closer look at the WPI and CPI numbers when they are released next time
While WPI keeps track of the wholesale price of goods, CPI measures the average price that households pay for a basket of different goods and services
The RBI also said the extent of retail price increase in the post-lockdown period was also much higher than the usual summer uptick in food prices
Declining interest rates will hurt a large section of the vulnerable population if it is not coupled with low inflation and the rise of WPI inflation
Inflation in food articles in April was 4.92 per cent as prices of protein-rich items like egg, meat and fish hardened
With more localised lockdowns and supply disruptions, next month's data will be keenly watched
Inflation based on the food index of Consumer Price Index-Agricultural Labourers and Consumer Price Index-Rural Labourers are at (+) 1.66% and (+) 1.8