The working group for revision of base year of WPI to 2022-23 from 2011-12 and to decide on computational methodology to be adopted for WPI and PPI will be headed by Niti Aayog member Ramesh Chand and will have 17 other members. The working group has been asked to submit its final report to the economic adviser at the Department for Promotion of Industry and Internal Trade (DPIIT) within 18 months.
Till the PPI stabilises, both WPI and PPI will run concurrently. All major economies like the US, China, Japan, Germany and France use PPI to measure the average changes in prices received by domestic producers for their output. Globally PPI tracks prices of both goods and services.
Esta historia es de la edición January 03, 2025 de Financial Express Ahmedabad.
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Esta historia es de la edición January 03, 2025 de Financial Express Ahmedabad.
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Golden Globes: The Brutalist, Emilia Perez Grab Top Honors
More students likely getting jobs independently
Top IITs See a Drop in Campus Placements
● More students likely getting jobs independently
US set to lift curbs on Indian nuclear entities
EYEING DEEPER ENERGY TIES
ICC explores two-tier Test cricket system
ICC chief Jay Shah will meet Cricket Australia chair Mike Baird and his England counterpart Richard Thompson to discuss the finer points
Q-comm boost to gig worker hiring in 2025
THE HIRING BOOM will be driven by the expansion of dark stores, fuelled by new entrants and increased investments from established players.
D-Street catches flu
HEADWINDS FOR MARKETS at the start of the year include higher US 10-year yields and a stronger dollar, the potential imposition of additional US tariffs on Asia-Pacific economies, and elevated economic policy uncertainty and geopolitical risk, Goldman Sachs strategists said in a note while trimming the MSCI Asia Pacific ex-Japan index's target to 620 from 630, as per a Bloomberg report.
Eight jawans among 9 killed in Naxal attack
VEHICLE BLAST IN CHHATTISGARH
Banks, NBFCs see hit to...
THESE SUBSIDIARIES THEN use the data to approach the customer and offer products and services such as insurance, mutual funds, demat accounts and other related financial solutions.
Cautious outlook for auto companies in Q3
No segment shows growth except tractors
Banks: Slower loan growth a worry
Asset quality concerns ease
