India’s statistics ministry has updated the Consumer Price Index (CPI) base year to 2024 from 2012, reflecting evolving household consumption patterns. The revised index includes more items, expanded price collection, and incorporates online market data, aiming for a more accurate measure of inflation for monetary policy.
Rupee, stocks reel as Trump signals end of Iran truce
Indian stocks and the rupee experienced a significant decline on Wednesday. This market downturn followed fresh US strikes on Iran and rising oil prices. The