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WPI inflation rises to seven-month high at 1.3% in September

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WPI inflation rises to seven-month high at 1.3% in September

India’s wholesale price inflation picked up pace in September hitting a seven-month high at 1.3%, driven mostly by quickening of food prices, which may force the central bank to opt for a prolonged pause on policy rates.

Data released by the industry department showed wholesale price food inflation shot up to 8.17% in September from 3.84% a month ago, as vegetable prices of potato (107.63%) and pulses (12.53%) rose significantly.
Retail inflation, data for which was released on Monday, also had accelerated to a four month high at 7.34% in September, remaining well above the central bank’s targeted range for the sixth consecutive month, as food prices rose.

On Friday, the reconstituted Monetary Policy Committee (MPC) of Reserve Bank of India (RBI) kept policy rates unchanged as inflation continued to remain high even as it took a slew of measures to reduce borrowing cost of credit. Governor Shaktikanta Das said inflation will ease gradually towards the target in the third and fourth quarter of the fiscal.
The MPC has hence decided to look through the current inflation hump as transient and address the more urgent need to revive growth and mitigate the impact of COVID-19. This has provided the space for continuing with the accommodative stance with forward guidance as set out in the MPC’s resolution,” Das said in his statement.

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Aditi Nayar, principal economist at ICRA Ltd said similar to the trend displayed by the retail inflation, wholesale price inflation was driven by a quickening in the prices of food items.
“The disaggregated data did not provide much comfort regarding the inflation outlook, and today’s data further cements the likelihood of an extended pause from the MPC. The pace with which vegetable prices recede back to more normal levels will crucially guide the outlook for food and headline inflation in the near term,” she added.

While TCS is also benefiting from the acceleration in tech spending, especially around cloud and digital services, it just so happens that momentum is on the side of Infosys.

Tap To Explore More : Hindustan Times

Also Read : CORONA PATIENTS RECOVER RATE IN-COUNTRY IS 87.5 PERCENT

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US vice president JD Vance, wife Usha and kids visit Jaipur’s iconic Amber Fort | Pics

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US vice president JD Vance, wife Usha and kids visit Jaipur’s iconic Amber Fort | Pics

US Vice President JD Vance, his wife Usha Vance, and their children visited the historical Amer Fort in Jaipur on April 22, 2025. The Vance family received a warm welcome at the Fort, where they were greeted with a traditional Rajasthani dance performance and elegantly decorated elephants. Second Lady Usha Vance, the wife of US vice president JD Vance, carries her daughter Mirabel as they watch a cultural performance at the Amber Fort in Jaipur.

Rajasthan CM Bhajanlal Sharma welcomed the Vance family as they visited the historic Amer Fort in Jaipur. The Vance family will depart for the US early Thursday morning. In related news, JD Vance and wife Usha attended Good Friday service at St. Peter’s Basilica in Vatican City. Vance also visited the Taj Mahal in Agra on April 23, 2025. Vance said that “good progress.

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In other news, Pope Francis’ funeral is set to start on Wednesday, and the J&K tourist hub has been completely shut today. On 4/20, celebrations across the US highlight cannabis culture and calls for legalization had been made towards a trade deal with India after meeting with “tough negotiator” Prime Minister Narendra Modi in New Delhi. The Vance family visited.

On April 22, 2025, US Vice President JD Vance, accompanied by his wife Usha Vance, and their three children, visited Jaipur’s historic Amber Fort. The family received a warm welcome, highlighted by traditional Rajasthani folk performances and a red carpet reception. As they entered the fort’s main courtyard, Jaleb Chowk, they were greeted by two elegantly decorated elephants named Chanda and Mala, raising their trunks in greeting. ​

During their visit, the Vances were joined by Rajasthan Chief Minister Bhajanlal Sharma and Deputy Chief Minister Diya Kumari, who guided them through the fort’s rich history and architectural marvels. The family also enjoyed cultural performances featuring traditional dances such as Kacchi Ghodi, Ghoomar, and Kalbeliya, offering a glimpse into the vibrant.

Usha Vance, dressed in a chic white shirt and patterned skirt, explored the fort alongside her family and dignitaries, embracing the cultural experience culture of Rajasthan This visit was part of Vice President Vance’s four-day official trip to India, aimed at strengthening bilateral relations between the United States and India. The Vance family departed for Washington.

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Bhajanlal Sharma welcomed the Vance family as they visited the historic Amer from Jaipur on April 24, concluding their cultural tour of India Upon their arrival at Amber Fort, the Vance family was greeted with traditional Rajasthani hospitality. Two elegantly decorated elephants, Chanda and Pushpa, adorned with silver ornaments, were stationed at the entrance welcome.

The family was also treated to a cultural performance featuring folk artists dressed in traditional Rajputi and Kalbelia attire, accompanied by musicians playing regional instruments. The vibrant rangolis and the overall festive atmosphere highlighted the rich cultural tapestry of Rajasthan The fort’s impressive courtyards and majestic structures.

Exploring the Fort’s Historical Significance

During their tour of Amber Fort, the Vance family explored various architectural marvels, including the Sheesh Mahal (Mirror Palace), known for its intricate mirror work and stunning design. They were accompanied by Rajasthan Chief Minister Bhajanlal Sharma and Deputy Chief Minister Diya Kumari, who provided insights into the fort’s history and significance.​

Engaging with Local Culture

Throughout their visit, Vice President Vance demonstrated a keen interest in engaging with The Vance family’s visit to Amber Fort was part local culture. He interacted with the folk artists and expressed appreciation for the traditional performances, reflecting a genuine curiosity and respect for India’s diverse cultural heritage.​

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