​Unenviable choice: On the government’s fiscal policy space

[ad_1] The Goods and Services Tax (GST) revenue of ₹1.74 lakh crore in December 2025 confirms just how narrow the government’s fiscal policy space is. The December data reflect the economic activity in November, the second month under the new, reduced GST rates. December’s revenues were marginally higher than the ₹1.7 lakh crore collected in […]

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India’s wholesale inflation eases to 3.85% in February

[ad_1] Onion prices continued to fall year-on-year for the 18th straight month since September 2021, with February 2023 recording the sharpest drop of 40.14% in wholesale prices. Image for representation purpose only. | Photo Credit: Reuters India’s Wholesale Price Inflation (WPI) moderated to a two-year low of 3.85% in February from 4.73% in January, with […]

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Morning Digest | Anti-encroachment drive in J&K halted after Centre steps in; Wholesale inflation eased to 4.7% in January, and more

[ad_1] Security personnel deployed outside an automobile showroom, which is being demolished during an anti-encroachment drive, in Jammu on Saturday. | Photo Credit: ANI Anti-encroachment drive in J&K halted after Centre steps in The month-long anti-encroachment drive in Jammu and Kashmir to retrieve government land has been halted following an intervention by the Union Home […]

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Wholesale price inflation drops to 12.41% in August

[ad_1] This is the seventeenth consecutive month that wholesale inflation has been over 10% This is the seventeenth consecutive month that wholesale inflation has been over 10% India’s wholesale price inflation dropped to 12.41% in August from 13.93% in July with the food index the only segment to report higher inflation during the month at […]

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Wholesale price inflation slips below 14% for the first time since February

[ad_1] Wholesale Price Inflation moderated to a five-month low of 13.93% in July from 15.18% in June, driven by a lower pace of price rise for primary products, food items, and manufactured products, even though fuel and power inflation resurged from 40.38% in June to 43.75% in July. This is the 16th month in a […]

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Centre mulls spending over ₹2 lakh crore to fight inflation, say sources

[ad_1] Retail inflation rose to an eight-year high in April, while wholesale inflation rose to at least a 17-year high. Retail inflation rose to an eight-year high in April, while wholesale inflation rose to at least a 17-year high. The government is considering spending an additional ₹2 lakh crore ($26 billion) in the 2022-23 fiscal […]

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