Saturday, 29 January, 2022
TopicWPI

Topic: WPI

WPI inflation declines to 13.56% in December, stays double digits for 9 consecutive month

Inflation in food articles, however, witnessed an uptick on a month-on-month basis at 9.56% in December, against 4.88% in November.

WPI inflation jumps to 5-month high of 12.54% in October

WPI inflation has remained in double digit for the seventh consecutive month. Inflation in September this year was at 10.66 per cent, while in October 2020 it was at 1.31 per cent.

WPI inflation eases to 10.66% in September, but stays in double digits for 6th month in a row

The high rate of inflation was due to the rise in prices of mineral oils, basic metals, non-food articles, food products, crude oil & natural gas, chemicals & chemical products etc.

India’s WPI inflation for June eases to 12.07% as food, crude oil prices go down

WPI inflation however remained double-digit for the third consecutive month in June, mainly due to a low base of last year. WPI inflation was at (-) 1.81%, in June 2020.

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

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.

Farm income in India hasn’t been this bad in almost 20 years, and it may be too late for Modi to fix

WPI sub-component for primary food articles has been negative for six consecutive months beginning July 2018.

On Camera

YourTurn

Apple needs to break out of its comfort zone with bold mega deals à la Microsoft

Historically, large M&A hasn’t been Apple’s style. However, with its resources, the company can certainly take the risk to transform its business and expand its capabilities.
V. Anantha Nageswaran

Who is V Anantha Nageswaran, new chief economic advisor? IIM-A grad, academic, PM’s ex-advisor

Nageswaran, who has taught at various B-schools in India and Singapore, takes charge days before the tabling of the Economic Survey and the Union Budget.

Defence

Representational image of Indian Navy ships | Photo: Commons

India carrying out more warship patrols than ever to catch China in crowded global seas

Estimated 125 foreign naval vessels are in the Indian Ocean at any given time, roughly 3 times the number deployed in the wake of the 9/11 attacks when the US invaded Afghanistan.

Modi vs non-BJP CMs: When most popular isn’t all-powerful & why Centre-state ties will worsen

Modi’s inability to win many states, and the huge popularity his rivals enjoy there, is pushing Indian politics in a more robustly federal direction.
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