RBI on inflation: India's headline inflation has come down during March-April 2023 to 4.7 per cent in April, the lowest since November 2021.
Wholesale Price Index inflation: After remaining in double digits for 19 months, the wholesale price index (WPI) based inflation declined to 8.39 per cent in October. The inflation was 14.87 per cent in November 2021.
Walmart news: The news of layoffs at Walmart came as after the company recently slashed its profit outlook due to inflation.
Earlier this week, Congress leader had slammed Central govt over high inflation and reduced rates of fixed deposits and provident fund, and said the common people are facing the consequences of its "wrong policies."
"We are on course to becoming among the fastest-growing economies of the world, but there is far to go," Dy Governor Michael D Patra said.
New Delhi: Inflation during the current festive season is impacting the rich more than poor as the goods used by them have seen a higher price rise a report by a industry body said."The impact
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