INFLATION: Change, but not yet wholesale

The Cabinet Committee on Economic Affairs has given its approval on the much needed & awaited revamp of the WPI

WPI taken to be a major indicator of Inflation in India will now be calculated on a monthly rather than a weekly basis

This change in the periodicity was based on the More >

Monetary Policy and Credit Policy

The Reserve Bank of India announced its second quarter review of monetary/credit policy. Despite the fact that most of the key rates policy rates remained unchanged as expect, the benchmark indices corrected by around 2% with the banking and real estate sectors plummeting the most. This is mainly because of More >

India Inflation Up 1.21%

Wholesale Price Index (WPI) crept up by 1.21% over last year for the week ending October 10, 2009. After remaining in the negative territory for 3 months from June-August’09, benchmark inflation index registered a growth of more than 1% for the first time after May’09.

Rise in inflation is mainly led More >

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