Connect with us

India Hot Topics

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

Published

5 years ago

on

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.

Advertisement

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

Advertisement

Related Topics:
Continue Reading
Click to comment

You must be logged in to post a comment Login

Leave a Reply

Bollywood

Siddharth Malhotra carries pregnant wife Kiara Advani’s bag in unseen pic from New York ahead of Met Gala 2025

Published

1 day ago

on

May 6, 2025

By

Siddharth Malhotra carries pregnant wife Kiara Advani’s bag in unseen pic from New York ahead of Met Gala 2025

One of Bollywood actor Kiara Advani’s most exciting and memorable years will be 2025. Kiara and her famous husband, Sidharth Malhotra, revealed their first child’s impending arrival in February of this year. The couple and soon-to-be parents were seen outside a hospital two weeks ago, and Kiara was the first to show off her gorgeous baby bulge and pregnancy glow.

To top it all off, Kiara will soon be attending her first Met Gala! She and Siddharth were photographed outside their New York hotel only last night. A fan posted this photo of Kiara Advani and Siddharth Malhotra on social media when they arrived at their New York hotel. Now, it has In a heartwarming display of affection, Bollywood actor Sidharth Malhotra.

Advertisement

Recently spotted in New York City carrying his pregnant wife Kiara Advani’s handbag, ahead of her much-anticipated Met Gala 2025 debut. The candid moment, captured outside their hotel, quickly went viral on social media, with fans praising Siddharth’s supportive gesture

Kiara, expecting her first child with Siddharth, looked radiant in an oversized jacket layered over a midi dress, subtly showcasing her baby bump. Siddharth, dressed casually in a button-down shirt, followed closely behind, holding her white handbag—a simple yet touching act that resonated with fans online. The photo, shared on Reddit, garnered comments like.

The couple, who tied the knot in February 2023, announced their pregnancy earlier this year. Kiara’s appearance at the Met Gala marks a significant milestone, as she prepares to walk the red carpet in a custom Gaurav Gupta ensemble. While it’s yet to be confirmed if Siddharth will accompany her on the red carpet, his presence in New York underscores his unwavering.

Fans eagerly await Kiara’s Met Gala debut, anticipating a blend of Bollywood glamour and appearance at the Met Gala marks a significant milestone to walk the red He’s holding her bag they’re so highlighting the couple’s endearing dynamic international fashion flair. With Siddharth by her side, the couple continues to capture hearts, embodying love and partnership both on and off the screen support during this special time.

Advertisement

In a heartwarming moment captured in New York City, Bollywood actor Siddharth Malhotra was seen carrying his pregnant wife Kiara Advani’s handbag as they entered their hotel ahead of the Met Gala 2025. The candid photograph, shared by a fan on Reddit, quickly went viral, with fans praising Siddharth’s supportive gesture Kiara, expecting her first child Siddharth.

Looked radiant in an oversized jacket layered over a midi dress, subtly showcasing her baby bump. Siddharth, dressed casually in a button-down shirt, followed closely behind, holding her white handbag—a simple yet touching act that resonated with fans online The couple, who tied the knot in February 2023, announced their pregnancy earlier this year. Kiara’s appearanc.

At the Met Gala marks a significant milestone, as she prepares to walk the red carpet in a custom Gaurav Gupta ensemble. While it’s yet to be confirmed if Siddharth will accompany her on the red carpet, his presence in New York underscores his unwavering support during this special time Fans eagerly await Kiara’s Met Gala debut, anticipating a blend of Bollywood.

Glamour and international fashion flair. With Siddharth by her side, the couple continues to capture hearts, embodying love and partnership both on and off the screen Kiara, expecting her first child with, looked radiant in an oversized jacket layered over a midi dress, subtly showcasing her baby bump. , dressed casually in a button-down shirt, followed Kiara’s carpet in a custom Gaurav Gupta ensemble.

Advertisement
  • Group Media Publication
  1. Construction, Infrastructure and Mining   
  2. General News Platforms – IHTLive.com
  3. Entertainment News Platforms – https://anyflix.in/

Continue Reading
Anyskill-ads

Facebook

Trending

en Englishhi हिन्दी
en English