WPI inflation remains benign, food prices to rationalise in next 2-3 months: Experts

WPI Inflation Trends: Food Prices Yet to Stabilize

The economic landscape of India is witnessing a slight surge in the annual rate of Wholesale Price Index (WPI) inflation, which has edged up to 3.36% in June 2024, a minor increase compared to the same month of the previous year. This data, released by the Commerce Ministry, has been the subject of analysis by industry experts. Jul 15, 2024
FARMER

Pulses Cultivation Surges, Promises Food Price Stability

The Ministry of Agriculture reports a 14.1% increase in kharif crop sowing in 2024 due to favorable monsoon conditions. The area under pulses cultivation surged by 50%, which is expected to alleviate food inflation caused by a shortage of pulses. Jul 8, 2024
Sensex, Nifty end flat as markets turn to consolidation phase

Sensex, Nifty end flat as markets turn to consolidation phase

The Indian benchmark indices ended flat on Monday as the stock markets turned to a consolidation phase due to the absence of major triggers to support the current premium valuation in the near term, prompting investors to book some profits. Jul 8, 2024
Govt makes ISI mark mandatory for steel & aluminium utensils to ensure safety in kitchens

ISI Mark Now Mandatory for Kitchen Utensils in India

In a significant move to enhance kitchen safety and quality, the Central government of India has made it mandatory for stainless steel and aluminium utensils to conform to the Bureau of Indian Standards (BIS). The announcement was made on Friday by the Commerce and Industry Ministry, marking a significant step towards ensuring consumer safety and product quality. Jul 5, 2024