Almost three decades ago, Sunil Vachani borrowed $35,000 so he could start making 14-inch television sets in a rented shed outside New Delhi. It was an unconventional choice given India, though renowned for software and services, had long lagged behind in manufacturing.
India’s retail inflation dips to 6.93% in November
India CPI Inflation Rate November 2020: The retail inflation which is measured by the Consumer Price Index (CPI) was 6.93 per cent in November, government data revealed. Updated: December 14, 2020 6:25:01 pm
Vegetables are displayed for sale at a market stall in New Delhi, India, on Sunday, Feb. 2, 2020. (Photographer: Ruhani Kaur/Bloomberg)
India CPI Inflation Rate 2020: India’s retail inflation declined to
6.93 per cent in the month of
November even though it remained above the Reserve Bank of India’s (RBI) upper margin of 6 per cent, data released by the Ministry of Statistics & Programme Implementation (MoSPI) showed. The retail inflation, which is measured by the Consumer Price Index (CPI), for the month of October was