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.
Paul Black’s 3 thumb rules for identifying great wealth creators
Veteran portfolio manager Paul Black’s investment framework focuses on identifying businesses with competitive advantages that strengthen over time. His three key rules emphasise widening moats,