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707 ArticlesEconomy

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New WPI Shows Much Higher Inflation: 16.22%

As the Wholesale Price Index changes series to the 2004-05 base year, the changes in Primary Articles Inflation are huge. Primary articles inflation in the new ...

RBI raises Repo to 6%, Rev Repo to 5%

RBI raised interest rates today and both Repo and Reverse Repo went up to 6% and 5% respectively (increase of 0.25% and 0.5%). In their statement: Inflation ...

Monthly Inflation for Aug 2010 at 8.5%

With the new WPI Base series (2004-05) coming into play today, the monthly Wholesale Price Index for August shows an inflation of just 8.5%. The index has a ...

Food Inflation 15.4%, Revisions Still Scary!

Primary Articles Inflation – which is mostly food – is now up to 15.4% on August 28, 2010, with the index at an all time high of 314. What’s still scary ...

Inflation: Primary Articles at 15.2%

We continue the “Scary Revisions” series of Primary articles inflation (mainly food). Data for 21 Aug 2010 showed the primary articles inflation at 15.19%. ...

No Dividend Distribution Tax for Debt Funds?

The Direct Tax Code has no DDT for debt or non-equity funds. Currently, for liquid funds, dividends are taxed at 25% plus the surcharge and cess, which adds up ...

India Direct Tax Code Bill Tabled in Lok Sabha

The Government introduced the Direct Tax Code Bill today. After some serious amount of searching, I found the bill online, after struggling with pages timing ...

Food Inflation at 14.75%, Scary revisions 2%+

Primary articles inflation (mainly food) was announced at 14.75% but as usual what is worry is the restatement of past data. Primary articles inflation of 18th ...

Food Inflation at 14.85%: Dangerous Past Revisions

Food Inflation – the “Primary Articles” part of the WPI – is quietly inching downwards, at 14.85%. Click for larger images. While inflation looks like ...

June Monthly WPI at 262.5, Inflation at 9.97%

From the monthly inflation release desk, the WPI goes down to 9.97% from last month’s headline number of 10.55%. What’s scary? Like last month, the May ...