Wholesale inflation: As per the government data, inflation in food items shot up to 11.53 per cent last month against 3.11 per cent in August. This was led by 48.73 per cent inflation in vegetables as against (-)10.01 per cent in August.
Rising retail prices: As per the data maintained by the consumer affairs ministry, the average retail price of wheat was at Rs 32.25 per kg on December 27, higher than Rs 28.53 per kg in the year-ago period. Meanwhile, wheat flour price too remained higher at Rs 37.25/kg than Rs 31.74/ a year ago.
Inflation: According to the data, inflation in food basket was 7.62 per cent in August, up from 6.69 per cent in July and 3.11 per cent in August 2021.
Congress dismissed as 'bogus' Amit Shah linking its protests to Ram temple foundation day, says its stir against price rise has clearly hit home.
RBI rate hike: The Reserve Bank of India's rate-setting panel -- the Monetary Policy Committee -- is meeting to deliberate on the prevailing economic situation and announce its bi-monthly review on Friday.
Nirmala Sitharaman in Rajya Sabha: The finance minister said that the government has adopted a targeted approach based on ground-level inputs to tackle retail inflation which is ruling at around 7 per cent.
Mahua Moitra news: Earlier in the day, a widely-circulated video showed Moitra allegedly hiding her Louis Vuitton bag while fellow MP Kakoli Ghosh Dastidar was speaking on price rise.
PM Modi's brother Prahlad Modi stated that AIFPSDF will hold a national executive meeting on Wednesday and based on that, their next course of action will be decided.
Nirmala Sitharaman on inflation: No question of India getting into stagflation or recession as macroeconomic fundamentals of the economy are strong, Sitharaman said while replying to the opposition's statements that India will also be in a condition being faced by Sri Lanka, Pakistan.
The Budget Session of Parliament concluded on Thursday, a day ahead of schedule. The Budget Session had begun on January 31.
Over the past year, the cost of company's vehicles continued to be adversely impacted due to increase in various input costs, the auto major said in a regulatory filing.
NCP noted that prices of petrol, diesel and LPG cylinder are increasing everyday, while unemployment has become a matter of concern.
Deputy Chief Minister Manish Sisodia presented the "Rozgar Budget" in the Assembly on Saturday with an outlay of Rs 75,800 crore for the financial year 2022-23, focussing on creating 20 lakh jobs in five years by setting up an electronic city and promoting night economy, retail and wholesale markets in the national capital.
The increase in the annual cost of living, as measured by the household living-costs price index, was the highest recorded since the series began in 2008 for seven out of the 13 household groups, said Stats NZ, New Zealand' statistics department.
In a tweet, Gandhi quoted a news report that price rise has hit common people hard with petrol becoming dearer by Rs 2.35 and diesel by Rs 3 in 11 days.
TV prices are likely to go up by as much as 10 per cent from next month as disrupted supply of open cell television panels - mostly imported from China - has resulted in a shortage of the key television component.
The price of diesel has also increased to Rs 65.78, Rs 68.19, Rs 69 and Rs 69.53 per litre respectively in the four metros.
Rahul Gandhi on Thursday cracked up social networking sites after his jibe at Prime Minister Narendra Modi with a new slogan- Arhar Modi- in a reference to rising daal prices in the country.
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