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.
Gold loan stocks rally after RBI hikes loan-to-value ratio limit and eases small loan norms
Gold loan stocks surged 2–7% after RBI raised the LTV ratio on loans under ₹2.5 lakh to 85%. Simplified norms reduce compliance burden, aiding lenders