India’s wholesale price inflation (WPI) rose to 3.36% in June 2024 from the same month last year, according to data released by the Commerce Ministry. On a monthly basis, WPI increased by 0.39% in June compared to May.
Also Read: SBI Increases MCLR, Impacting Loan Rates Effective 15 July
The surge in inflation is mainly attributed to a 10.87% increase in food prices, driven by a 38.76% rise in vegetable prices and a 21.64% increase in pulse prices, due to the heat wave affecting crops. However, a decline in petrol and diesel prices limited the inflation in the fuel and power segment to 1.03%. Manufactured products also saw a 1.43% price increase during the month.
The food segment has a significant weight of 24.4% in the overall WPI index, contributing to the overall inflation rate.
The ED submitted the first supplementary chargesheet of 110 pages on October 29. It alleges…
The court stated that proceedings should not delay because of any constitutional officer's schedule. However,…
During the proceedings, the ED requested more time to share copies of digital records, remaining…
Google has modified its policy to include Mahakumbh, recognizing the event's significance and massive turnout.…
During a cabinet meeting on Monday at Lok Bhavan, the state approved changes to the…
Yuva Chetna will organize a tribute meeting to honor martyrs of the 1966 cow protection…