The Consumer Price Index (CPI) measures the average change in prices over time. It reflects the cost of living for households. The CPI is crucial for economic policy and inflation tracking. It influences interest rates and wage negotiations. In India, the CPI is used to adjust salaries and pensions. It plays a role in economic planning and social welfare programs.
The Indian economy underwent a severe economic crisis in 1991. The year 1991-92 registered low economic growth of 1.3 per cent and foreign currency assets at around US...
The Producer Price Index is a family of indices that measures the average change over time in the selling prices received by domestic producers of goods and services....
India is a mixed economy in which both public and private institutions coexist. Today, most countries, including India, are trying to strengthen market economies where private institutions predominate....
The decrease in purchasing power of a given currency over time is known as Inflation. An assessment of decline in purchasing power can be reflected in the increase...
The Cabinet of the state government of Punjab has approved legislation to normalize the services of 36,000 employees working on a contract, hourly and daily basis as well...
The Finance Ministry has recently decided to halt increases in the Dearness Allowance (DA) for central government employees and the Dearness Relief (DR) for pensioners. This decision will...
Article: The recent data from the Consumer Price Index (CPI), released by India's National Statistical Office (NSO), showed that retail inflation in March 2020 fell to 5.91%. This...
The Reserve Bank of India (RBI) has released its Monetary Policy Report (MPR) in the wake of an unscheduled monetary policy meeting held in late March 2020. The...
Recently, the Indian government has taken the decision to withhold the results of the all-India household Consumer Expenditure Survey (CES) that was carried out in 2017-18. The primary...
Littoral and Swamp Forests, collectively termed wetland or tidal forests, represent highly dynamic ecosystems developing at the interface of terrestrial and marine environments. In Indian geography, they are...
