You are here: Home >> English News & Features >> Top News

Retail inflation at 17-month high in Dec ’17

DNMUM405456 | 1/13/2018 | Author : Praveena Sharma | WC :603 | Business & Economy



New Delhi: Two crucial macro numbers – retail inflation for December and factory output for November – released by the government on Friday indicate that the economy could well be on the recovery path.
The Index of Industrial Production (IIP) data published by the ministry of statistics and programme implementation (Mospi) shows that factory output had shot up to 25-month high of 8.4% in November after a tepid growth of 2% (revised from earlier 2.2%) in the month before. Simultaneously, the ministry also put out the Consumer Price Index (CPI) inflation number, which continued to be elevated at 5.2% in December compared to the 4.88% in November.
December’s retail inflation was pushed up mainly due to sharp rise in prices of
Read full story


Copyright restricted. Under license from www.dnasyndication.com   
Add To Lightbox
Calculate Price

More on Top News

Students may get
DNDEL14545 | 1/22/2018 12:00:00 AM | Author : Kritika Sharma | WC :365

edu loan interest subsidy directlyNew Delhi: The Ministry of Human Resource Development is in the process of amending its scheme meant to pay interest on education loans for students from the economically weaker section.
Instead of transferring
Add To LightboxCalculate Price

Sterling Group received largesse even after default
DNDEL14546 | 1/22/2018 12:00:00 AM | Author : DNA Correspondent | WC :342

The Sandesara Group, under CBI and ED scanner for defaulting more than Rs 5,300 crore in bank loans as also bribing three senior income tax officials, was the cynosure of all eyes till agencies started chasing it.
It has now emerged that not only
Add To LightboxCalculate Price

OP Rawat to take over as CEC from Joti
DNDEL14547 | 1/22/2018 12:00:00 AM | Author : DNA Correspondent | WC :268

New Delhi: Om Prakash Rawat has been appointed as the new Chief Election Commissioner (CEC), succeeding incumbent Achal Kumar Jyoti to the post, the Law Ministry said on Sunday.
AK Joti is expected to hand over the reigns of the Election Commiss
Add To LightboxCalculate Price

Women take out rally against Padmaavat
DNDEL14548 | 1/22/2018 12:00:00 AM | Author : Sangeeta Pranvendra | WC :239

Women from Rajasthan and Madhya Pradesh took out a huge rally in Chittorgarh to protest release of Sanjay Leela Bhansali’s film Padmaavat. The Swabhiman Rally saw hundreds of protesters brandishing swords and raising slogans against the film. The ral
Add To LightboxCalculate Price