New CPI series explained: What changed, why it matters, and what’s new

February 12, 2026

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.

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Securities and Exchange Board of India approved BSE to launch derivatives on its Focused IT Index, tracking 14 major IT firms. The move comes as

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