Food inflation, which accounts for nearly half of the overall consumer price basket, moderated to 4.79% as vegetable prices eased, offsetting surging cereal prices.
Research agency says India showed more resilience during Covid than earlier thought & strong corporate balance sheets, govt capex push, and robust banking sector should support growth.
Aided by a fall in commodity prices and ease in food inflation, the inflation rate is expected to decline. India's annual retail inflation accelerated to a five-month high of 7.41% in September.
WPI inflation has remained in double digits for 8 consecutive months beginning April while retail inflation based on consumer price index rose to 4.91% as food prices went up.
Indian govt officials last month skipped Turkish National Day celebrations in Delhi, in a message to Ankara following its support for Islamabad, particularly during Operation Sindoor.
Bihar is blessed with a land more fertile for revolutions than any in India. Why has it fallen so far behind then? Constant obsession with politics is at the root of its destruction.
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