Inflation will ease by April: Chief eco advisor
The government is in a tight spot by its allies and opposition parties alike due to the concerns over food inflation.
But, however, chief economic advisor Kaushik Basu came out supporting the government saying that food inflation will moderate by April.
Meanwhile, he said that food inflation is a root cause for concern [...]
Inflation remains negative, falls 1.53%
Falling 1.53% from a year earlier in the week ended August 8, inflation remained negative for the tenth straight week and it had decreased by 1.74% in the previous week. However, the wholesale price index for all commodities, used to measure the inflation, was up 0.1% at 237.4 whereas the primary articles index was up [...]
