A similar easing was recorded in pulses, whose prices rose 17.7% in March, 2024, from 18.5% in February. | Photo Credit: Sushil Kumar Verma India’s retail inflation moderated to a ten-month low of 4.85% in March from 5.1% in February, but food inflation remained sticky at 8.52%, little changed from the 8.66% recorded in the … Read more
Last Updated: March 14, 2024, 15:34 IST The government has decided to increase Dearness Relief (DR) and Dearness Allowance (DA) by 4%, meaning that for central government employees and pensioners, the entire DA will equal 50% of their base pay. A Press Information Bureau (PIB) announcement dated March 7, 2024 states that the total annual … Read more
In January this year, for the first time in more than 14 years, China’s consumer prices fell at their steepest pace. According to official data published by the National Bureau of Statistics, the consumer price index fell by 0.8 per cent in January 2024, compared to that of January 2023. The steep drop in January … Read more
Unfortunately, ‘wise’ , ‘efficient’ and ‘government expenditure’ don’t usually feature in the same sentence. | Getty Images | Photo Credit: Getty Images “The Indian economy is expected to grow at an average rate of 6.7% per annum until the end of the decade,” CRISIL said in its latest report. The economy will grow at this … Read more
Published By: Mohammad Haris Last Updated: December 12, 2023, 18:02 IST Official inflation data for November 2023 has been released. Retail Inflation In November 2023, IIP in October 2023: Though the 5.55 per cent CPI inflation is far from the RBI’s medium-term target level of 4 per cent, it is within the tolerance limit of … Read more
