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India's headline retail inflation rate surged to 5.55 percent in November due to the combination of an unfavourable base effect and a rise in prices of key food items
India Inflation: While the Reserve Bank of India's rate-setting panel opted to maintain unchanged rates in its December meeting, Governor Shaktikanta Das expressed concerns about inflation, acknowledging its retreat from highs but noting its persistent volatility. External MPC member Jayanth Varma suggested that a stance might not be necessary, but if adopted, it should be neutral.
Get latest articles and stories on Business at LatestLY. Uncertainties in food prices along with unfavourable base effects are likely to lead to a pick-up in retail inflation in November and December, the monetary policy committee of the Reserve Bank of India observed in their latest review meeting. Business News | Uncertainties in Food Prices to Push Inflation Higher in November-December: RBI.
Approval is pending from a majority of states for the finalization of nationwide results of the seventh economic census, according to the Ministry of Statistics Planning and Programme Implementation. Out of the 35 states and UTs participating in the census, 22 are yet to grant approval.
by nantoo banerjee the state’s gdp grew 10 per cent annually in last two years. a niti aayog report shows that srinagar is the richest district in j&k with only 1.51 percent underprivileged people. the state h