Retail inflation benign in November; WPI inflation at 9-month high of 1.55%


The prices of household items remained moderate in the month of November 2020. Consumer Price Index (CPI) inflation, also known as retail inflation, decreased from 7.61 per cent in October to 6.93 per cent in November, according to the Ministry of Statistics & Programme Implementation. The rise in food prices also moderated from 11 per […]

Read more

Bharat will help nurture India back to economic health earlier than consensus forecast: HDFC Chairman


India’s economic recovery will be boosted by the rural sector, said Housing Development Finance Corporation (HDFC) chairman Deepak Parekh at the company 43rd annual general meeting (AGM).  A macroeconomic recovery in India will be subject to the end of lengthy and complete lockdowns even as some signs of improvement are already visible, he added. “My view […]

Read more