The retail inflation, measured by the Consumer Price Index (CPI), slightly rose to 4.48 per cent in October. Separately, the factory output, measured in terms of Index of Industrial Production (IIP), grew by 3.1 per cent in September. Food inflation picked up to 0.85 per cent in October from 0.68 per cent a month ago with a rise in prices of vegetables.
Buy Prime Test Series for all Banking, SSC, Insurance & other exams
The inflation print for October this year, however, is lower than the year-ago level of 7.61 per cent recorded in October 2020. With the impact of excise duty cut yet to reflect in the headline numbers, high core inflation — the non-food, non-fuel inflation component — and risks of high global commodity prices are expected to keep the inflation rate under pressure.
India's Gurindervir Singh became the fastest ever Indian sprinter as he clocked an incredible 10.09…
As the hype around the 2026 FIFA World Cup is growing day by day and…
Countdown for the most exciting sports tournament in the world has officially begun. Fans across…
Former India and Tamil Nadu all rounder Vijay Shankar has announced his retirement from domestic…
The Reserve Bank of India (RBI) has announced the record ₹2.87 lakh crore surplus transfer…
Indian central government is preparing to launch the major national initiative called the High-Powered Demography…