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.
Dow ends 400 points higher as investors buy AI stocks; Microsoft rallies
Wall Street experienced gains on Friday, driven by positive performance from Microsoft and AI-related technology stocks. High oil prices and rising US Treasury yields created