The month-over-month change in the wholesale price index (WPI) for August 2024 stands at negative 0.45 per cent
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As the country has registered a relative dip in the consumer price index (CPI) inflation in the past two months, there are concerns regarding the fading of favourable base effect going ahead
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Citizens in the west zone (88 per cent) and tier one (85 per cent) cities are the happiest, as per the research, while the east zone has seen a major drop in happiness due to unrest in Kolkata and Manipur
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India’s main Kharif crop, paddy or rice, has witnessed a 5.6 per cent YoY increase in its sowing, as the total area sown stood at 369.05 lakh hectares as of 16 August 2024, up from 349.49 lakh hectares during the same period last year
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As per Icra, the price of the Indian basket of crude oil fell by around 7.6 per cent on a month-on-month basis from 1 to 12 August 2024, which is a positive sign as far as the WPI inflation print for the month is concerned.
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