As per anti money laundering investigator, officials from the two previous administrations had spent about USD 300 million in government money to purchase spyware

The impact of higher fuel prices and input costs of manufacturing units has led to both wholesale and retail inflation rising beyond RBI’s preferred comfortable level of 6 per cent for the last few months.

The S&P 500 index climbed 1 per cent to 4,411.79, while the Dow rose 0.7 per cent to 35,061.55 and the Nasdaq composite gained 1 per cent to 14,836.99

As per the Office for National Statistics the annual rate of inflation rose to 2.5% in June from 2.1% the previous month

Inflation accelerated to 2.1 per cent in the 12 months through May from 1.5 per cent in April, the Office for National Statistics said Wednesday.

As of Monday, the 5y5y was trading at 2.28per cent, an indication that annual inflation will be close to the Federal Reserve's 2per cent target.

Global oil benchmark Brent crude futures rose 0.29 per cent to USD 73.07 per barrel.

The 30-share BSE index traded 220.67 points or 0.42 per cent higher at 52,772.20 in initial deals.

This is the fifth straight month of uptick seen in the wholesale price index (WPI)-based inflation.

Drop attributed to easing of food prices

The WPI inflation was 2.03 per cent in January and 2.26 per cent in February last year.

Prices of potato, tomato, onion, wheat flour, pulses, LPG, petrol and diesel are skyrocketing, becoming difficult for the poor to make ends meet: Oppt Leader

RBI Governor Shaktikanta Das also said that inflation is likely to remain elevated throughout winter

Goyal in an interview says the management of the Covid-19 pandemic helped in avoiding multiple Covid-19 peaks.

Rahul Gandhi has been targeting the government on various issues including the declining GDP and the state of the economy.

Inflation shaves off your real income. But despite being specifically tasked with reining in inflation, the RBI seems unconcerned.

Three new external members in the panel voted in today's decision.

The supply of vegetables from Delhi, Punjab, Haryana, Uttar Pradesh and Himachal Pradesh to the Azadpur mandi are currently down by 20 per cent on an average.

Supply chain disruptions persist, resulting in inflation pressures across segments, RBI Governor Shaktikanta Das said while announcing the decisions taken by the central bank’s Monetary Policy Committee (MPC).

The wholesale inflation data comes a day after the Consumer Price Index (CPI) for January also showed an accelerating trend.