Saturday, 1 October, 2022
TopicWholesale Price Index (WPI)

Topic: Wholesale Price Index (WPI)

India has a dal problem – open import policy is hurting prices and farmers

Shweta Saini -
Pulses, except masur, are selling lower than MSP. Government must review its policy before it’s too late.

India’s WPI inflation surges to 11.39% in August due to costlier manufactured goods

PTI -
According to data released Monday, retail inflation softened to a four-month low of 5.3% in August, from 5.59% in the previous month, led by subdued prices of food articles.

India’s WPI inflation eases to 11.16% in July, prices of food items go down

PTI -
WPI inflation nonetheless remained in double-digit for the third consecutive month in July, mainly due to a low base of last year.

Wholesale inflation hits record high of 12.94% in May amid rising fuel prices

PTI -
This is the fifth straight month of uptick seen in WPI-based inflation. In April 2021, WPI inflation hit double digit at 10.49%

India Inc will be hurt by Indians spending less, unless Modi launches income support scheme

Andy Mukherjee -
Wholesale prices in India, a proxy for cost buildup, surged 10.5% last month — the most in 11 years. Consumer price inflation, meanwhile, slowed to 4.3% from 5.5% in March.

WPI inflation shoots up to 8-year high of 7.39% in March

PTI -
The low base of March 2020, when the data was computed with a low response rate due to the nationwide Covid lockdown, also contributed to a spike in inflation in March 2021.

WPI inflation rises to 4.17% in February on costlier food, fuel, power

PTI -
After witnessing months of softening of prices, the food articles in February saw 1.36 per cent inflation. In January it was (-) 2.80 per cent.

WPI inflation rises to 2.03% in January even as food prices dip

PTI -
According to data released by the Commerce and Industry ministry, manufactured items witnessed hardening of prices.

Wholesale inflation slowed to 1.22% in December on easing food prices

PTI -
The inflation based on Wholesale Price Index was 1.55% in November 2020, and 2.76% in December 2019.

WPI inflation rises to 9-month high of 1.55% in November as manufactured items turn costlier

PTI -
This is the highest level of WPI inflation since February, when it was 2.26% even as food items saw softening in inflation in November at 3.94%.
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Opinion

Congress issues notice to three Ashok Gehlot loyalists for 'indiscipline'

Congress can end Rajasthan impasse despite Gehlot rebellion. Two scenarios emerge

Asim Ali -
Scenario one would demand Gehlot’s resignation— the high command gets to preserve its authority and Gehlot retains control over the choice of his successor.
Congress senior leaders Mallikarjun Kharge and Shashi Tharoor at AICC office to file nominations for the party's presidential polls | Suraj Singh Bisht | ThePrint

Congress choice for chief is between ‘think tomorrow’ Tharoor and ‘president not leader’ Kharge

Illustration by Prajna Ghosh, ThePrint

Leading economies of the world are driving global instability. What can India do to retain its balance?

Economy

A man counts Indian currency notes inside a shop in Mumbai, India | Reuters/Francis Mascarenhas

RBI tells state refiners to reduce dollar buying in spot market, contain sharp fall in rupee

Ira Dugal -
RBI has ensured that $9 billion has been made available at overseas branches of some Indian banks for the country's three state-run refiners to tap, according to sources.

Defence

File photo of former Air Chief Marshal RKS Bhadauria after flying a MiG-21 of 51 Squadron at the Srinagar airbase | ANI

Famed IAF pilot Abhinandan Varthaman’s MiG-21 Squadron bows out from Srinagar today

Snehesh Alex Philip -
Known as the ‘Sword Arms’, number-plating of the squadron was done Friday. It has made way for MiG-29s to be the new 'guardian of the Valley'.

National Interest

India’s hijab supporters will lose even if they win SC battle. Because the real war is political

Shekhar Gupta -
In a highly polarised time, cornered minorities tend to lean back and protect the roots and fundamentals of what is so dear to them. Politically, it can often be a bad trap.

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