Wholesale Price Index-based (WPI) inflation was 15.18 per cent last month and at a record high of 16.63 per cent in May. It was 11.57 per cent in July 2021
Gujarat Cooperative Milk Marketing Federation (GCMMF), which markets its dairy products under the Amul brand, on Tuesday increased prices of its Gold, Taaza and Shakti milk brands by Rs 2 per litre.
India's wholesale price inflation in July eased to lowest in five months at 13.93 per cent against 15.18 per cent in June
Lakshadweep was the only UT where the urban inflation rate was in double digits in June
June WPI inflation of 15.18 per cent comes on the back of a high base of 12.07 per cent for the same month in 2021
Impact on CPI inflation to come later, rupee depreciation to negate some of this impact
Business Standard brings you the top headlines this hour
Delhi's single-day Covid-19 infections breached the one thousand mark on Tuesday, with a positivity rate of 6.50 per cent and two fatalities, according to data shared by the health department here.
The Wholesale Price Index (WPI)-based inflation maintained its increasing trajectory for the third month in a row, and remained in double digits for the 14th consecutive month since April last year
Peaking of inflation, analysts believe, could put a cap on bond yields and a floor on equity valuations
The Reserve Bank said in its annual report said there is a risk of high wholesale price inflation (WPI) putting pressure on the retail inflation, albeit with a lag
Wholesale price inflation rate is now in double digits for 13 consecutive months.
Business Standard brings you the top headlines on Tuesday
CLOSING BELL: Shares of Life Insurance Corporation of India (LIC) listed at Rs 867.20 on the BSE, a 8.6 per cent discount when compared with its issue price of Rs 949 per share
Stock investors must avoid highly leveraged companies and those trading at steep valuations to beat inflation.
Live news updates: Marsh is the third member of the Capitals contingent to test positive.
Business Standard brings you the top headlines on Monday
CLOSING BELL: Dismal March quarter earnings by HDFC Bank & Infosys, coupled with fears of aggressive rate hikes amid rising inflation, soaring bond yields, & resurgence in Covid-19 cases hit sentiment
WPI inflation last month was 13.11 per cent on hardening of prices of crude oil and non-food items
Economists expect the RBI to raise its retail-inflation projection for the fiscal year starting on Friday by 50 to 80 basis points from 4.5%.