CPI update: Weights rather than base year to impact inflation, say experts

India’s revised Consumer Price Index (CPI), with a 2024 base year, will be more influenced by changes in item weights than the base year itself. Experts predict a decreased weightage for food, potentially reducing inflation volatility. However, using a high-inflation year as a base could create a downward bias in inflation measurements.

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Asian markets edge higher after Wall Street rally

Asian stocks experienced a slight increase following Wall Street’s record-breaking rally, fueled by renewed optimism in big tech, particularly Nvidia’s investment in OpenAI. While US

September 23, 2025

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