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…
Subhas Chandra Bose’s grandnephew, Chandra Bose, joined TMC on Sunday in the presence of state education minister Bratya Basu and party MP Kirti Azad, reports Prithvijit Mitra. After his induction, he attacked his BJP, which he had quit in 2023. “BJP’s policies are blatantly communal and anti-Constitution. They attempt to win polls by playing the…
Amidst ongoing flight disruptions, the government is weighing the option of cutting IndiGo’s flight schedule by 5%, with plans to redistribute these time slots to other carriers. IndiGo has acknowledged the issues, attributing them to recent duty requirements and changes in their winter travel timetable. NEW DELHI: IndiGo may have its schedule cut by 5%…
A $1.26 billion block sale of BlackRock’s iShares Bitcoin Trust (IBIT) this week might have been driven by a large investor seeking a rapid exit from bitcoin exposure rather than the unwinding of a common hedge-fund trading strategy. That’s according to an analysis published by crypto investment firm NYDIG. The transaction took place on May…
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Solana (SOL) joined Internet Computer (ICP) as an underperformer, falling 4.5% from Monday. Source link
Narendra Modi is now India’s longest-serving elected Prime Minister. ‘Modi hai to Mumkin hai’, a popular catchphrase that has become synonymous with the BJP-led NDA government over the years. Indeed, this idea of “achieving the impossible” has often been projected as a hallmark of Prime Minister Narendra Modi‘s 12-year-long tenure at the helm. But even…
Markets are expected to trade with caution this week as geopolitical tensions around the US–Iran situation and movements in crude oil prices continue to drive investor sentiment, analysts said. Traders will also keep a close watch on the rupee-dollar exchange rate and foreign fund flows, which are likely to add to market volatility, they added….
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