Government Plans Shift from Wholesale Price Index to Producer Price Index for Better Inflation Tracking

India Set to Modernize Inflation Measurement System The Central Government is preparing to replace the Wholesale Price Index (WPI) with the Producer Price Index (PPI), marking a significant reform in the country’s economic data framework. The proposed transition aims to provide a more accurate picture of price movements at the production level and align India’s…

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GST Growth Loses Momentum as Economic Activity Shows Signs of Moderation

GST Revenue Growth Slows Amid Evolving Economic Conditions India’s Goods and Services Tax (GST) collections continue to remain strong in absolute terms, but recent data indicates a noticeable slowdown in growth compared to previous months. The moderation in GST revenue growth has sparked discussions among economists and policymakers about the pace of economic activity, consumer…

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