Explained: How India’s transition from WPI to PPI will strengthen inflation measurement – what it means for policy making

PPI captures the prices relevant for the production process without being complicated by inclusion of indirect taxes net of subsidies or wholesalers’ margins. (AI image) By DK Srivastava, Chief Policy Advisor, EY IndiaConventionally, in India, two major price indices namely Wholesale Price Index (WPI) and Consumer Price Index (CPI) have been prepared periodically. The WPI…

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Rs 4,000 crore infra push: PM Modi unveils key projects in Sikkim across healthcare, housing, education and other sectors

Prime Minister Narendra Modi is on a two-day visit to Sikkim, where he is participating in the State’s Golden Jubilee celebrations of statehood. During the event, the Prime Minister described the Northeast as India’s “Ashtalakshmi” and highlighted the Himalayan State’s significance within it. During the visit, he also inaugurated and laid the foundation stone of…

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Akshay Kumar fell unconscious, had 103 degree fever during a Vaishno Devi pilgimage, but here’s how he miraculously survived |

Akshay Kumar, who is gearing up for the release of his upcoming horror-comedy ‘Bhoot Bangla’. He is teaming up with Priyadarshan again after 14 years and fans are waiting for the film. While he’s currently promoting the film, he recently opened up about a deeply emotional incident from his early childhood, one that his family…

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