Latest News
-
1:5 & 1:2 Split, Rs 6/Sh Dividend: Fertilizer Stock Coming Up With 600% Payout; Record, Payment Dates Fixed -
Cube Highways Trust Set to Acquire Seven Highway Assets Worth Rs 5,172 Crore -
1:10 Split, Rs 51 Dividend: Accumulate Tata Stock, TP Rs 170; Big Update On £1.25 Bn Investment -
Tech Mahindra Sets Three-Year Plan for Robust Growth and Market Leadership by FY27 -
Tech Mahindra Q4 Net Profit Falls 41%, Announces Growth Strategy -
3 Bonus, 1:2 Split, 38 Dividends: Rs 1,915 Midcap IT Stock To Pay 360% Dividend After Q4 Profit Rises -
EU Finds No New ETO Cases in Indian Organic Exports Post-Dec 2020 -
1:5 Stock Split Approved: Defence Stock To Be Cheaper Soon, Shares Zoom 507% In 1-Yr -
Edelweiss Alternatives Expands Portfolio with Bengaluru's MMTP Projects Acquisition -
1:2 Split, 1:1 Bonus, Rs 28/Sh Dividend: Mahindra's IT Stock To Pay 560% Dividend; Check Record, Payment Dates
WPI Inflation Surges To 4.17% In February
The wholesale price-based inflation measured by the WPI index increased for the second straight month in February to 4.17%. This is as the prices of food, power and fuel increased. In January WPI inflation stood at 2.03%, while in February last year it was at 2.26%.
The food articles in February witnessed 1.36 percent inflation after seeing fall in prices for some months. In January, it stood at (-) 2.8 percent.
The inflation seen in pulses was 10.25 percent during the review period, while for fruits it was 9.48%, and in fuel and power category it came in at 0.58%.
The rate of increase in price for vegetables was (-) 2.9 percent and in January it was at (-) 20.82 percent.
Further, as per the data notified last week, retail inflation indicated by CPI or consumer price index came in at 5.03%.
In its last monetary policy for the FY 21, the RBI stood pat on interest rate and said the near term outlook for inflation has become favourable.
GoodReturns.in
