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    DRI seizes over seven kg amphetamine and three kg cocaine as it intensifies crackdown on drug trafficking in country; three arrested
    DRI seizes 13 kg foreign-origin gold worth around Rs. 19.41 crore and dismantles a gold smuggling syndicate in Gujarat; three arrested
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    APEDA Facilitates Export of 1.755 MT of Organic Palmyra Jaggery Powder from Tamil Nadu to Bulgaria
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    The cumulative exports (merchandise & services) during April-September 2026-27 are estimated at US$ 476.20 Billion, as compared to US$ 418.31 Billion ...
    Union Minister of Commerce and Industry Shri Piyush Goyal Calls on Youth to Drive India’s AI Journey
    CCI approves acquisition of majority stake in Tribhovandas Bhimji Zaveri Limited by GRT Jewellers (India) Private Limited
    CCI approves the acquisition of certain shareholding in Kids Clinic India by NuageLux BidCo S.à r.l
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October 19, 2026
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Narcotics trafficking enforcement led to airport and road interceptions, baggage concealment detection, seizures, and arrests under the NDPS framework.
Narcotics trafficking enforcement under the Narcotic Drugs and Psychotropic Substances Act, 1985, involved intelligence-led interceptions at Bengaluru and Delhi airports and near Nagpur. Passenger baggage and a backpack were examined, leading to the seizure of amphetamine and cocaine and the arrest of three passengers. The recoveries included amphetamine concealed in baggage, a ladies' suit and a backpack lining, and cocaine contained in transparent packets within baggage.
October 19, 2026
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Gold smuggling syndicate enforcement traces concealed imports through airport handlers, illicit melting, and jewellery-market disposal under customs law.
Directorate of Revenue Intelligence enforcement action identified an organised gold-smuggling syndicate importing foreign-origin gold through Ahmedabad and Surat airports, followed by handover to handlers, intermediary routing, illegal melting, and cash-based supply through an Ahmedabad jewellery outlet. Further searches recovered undocumented foreign-origin gold bars and records concerning smuggled gold linked to a Dubai-based financier. The investigation identified interconnected roles across the movement, processing, and disposal of smuggled gold; three persons were arrested under the Customs Act, 1962.
October 19, 2026
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Free trade agreement utilisation requires origin compliance, product standards, and documentation to secure preferential export market access.
Effective FTA utilisation requires businesses to identify eligible products and markets, assess tariff preferences and rules of origin, and meet applicable quality, certification, documentation and importing-country requirements. Preferential access under agreements with the UAE, Australia, EFTA countries and the United Kingdom remains subject to each agreement's provisions and implementation status. Tariff preferences may improve price competitiveness and facilitate participation in international supply chains where product- and partner-specific conditions are satisfied.
October 19, 2026
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Drug prevention awareness initiatives engage students through health education, interactive activities and pledges supporting a drug-free society.
Mission Yuva Raksha advances preventive drug awareness and demand-reduction efforts among students through programmes at educational institutions in Madhya Pradesh. Sessions addressed the harmful effects of substance abuse on physical and mental health, education, family life and careers, supported by interactive learning activities. Participants were encouraged to avoid drugs, adopt healthy lifestyles, take pledges and support awareness initiatives in their schools, families and communities. Preventive education and youth engagement complement enforcement-oriented work through informed choices and community-based resistance to substance abuse.
October 19, 2026
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Coastal narcotics trafficking enforcement addresses suspected maritime methamphetamine smuggling through seizure, asset recovery, and arrests under drug-control law.
Intelligence-led narcotics enforcement addressed suspected coastal storage and maritime transfer of methamphetamine to Sri Lanka. Searches recovered crystal methamphetamine concealed in foil packets within duffel bags, which was seized under the Narcotic Drugs and Psychotropic Substances Act, 1985. Searches also recovered suspected drug-sale proceeds and vehicles allegedly used in transportation. Persons allegedly involved in organising coastal export, transport, storage and logistics were arrested and remanded to judicial custody.
October 17, 2026
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Centralised audit framework targets lower physical branch audit coverage while preserving regulatory oversight and maintaining remuneration.
For FY 2026-27, audit remuneration is to remain at existing levels. Member banks are advised to accelerate a centralised audit framework to improve cost efficiency while retaining comprehensive risk oversight. Physical statutory branch audit coverage should be reduced to cover 50% of total business, apart from centralised treasury audits. Audit coverage must align with SEBI listing and disclosure requirements and RBI guidelines, supported by a Board-approved policy for the centralised audit roadmap.
October 17, 2026
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Promissory estoppel cannot prevent Government shareholding dilution where enacted legislation imposes no restriction on strategic disinvestment.
Government shareholding in IDBI may be reduced or divested because the IDBI (Repeal) Act, 2003 contains no restriction on dilution of the Government's stake. A proposed amendment to limit dilution was rejected and not incorporated into the enacted law. Parliamentary statements cannot override statutory text, and promissory estoppel cannot be invoked on the basis of legislative debate statements to prevent dilution of Government shareholding. Successive Union Budget speeches also reflected a policy of transformation and strategic disinvestment of IDBI Bank.
October 16, 2026
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Recipient-generated e-invoicing under reverse charge enables eligible taxpayers to obtain IRNs for domestic unregistered supplies and imported services.
Eligible active registered recipients meeting the applicable aggregate annual turnover threshold may report recipient-generated self-invoices for specified reverse-charge domestic supplies from unregistered persons and imports of services. RCMDOM and RCMIMP must be selected as the relevant e-invoice supply types when reporting through an authorised Invoice Registration Portal. Submission and validation of prescribed invoice particulars would generate an Invoice Reference Number, subject to applicable GST provisions, notifications and e-invoice specifications.
October 16, 2026
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Reservation Policy Implementation in public financial institutions was examined through capacity building, practical deliberations, and measures for consistent application.
Implementation of the Government of India's Reservation Policy across public sector banks, public sector insurance companies, sectoral regulators and public financial institutions was addressed through capacity building to support uniform and effective application. Deliberations considered practical implementation issues, operational challenges and actionable measures for consistent policy application, alongside related welfare measures and interactive discussion of implementation questions.
October 16, 2026
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Organic agricultural export certification supports overseas market access for Palmyra Jaggery Powder through export-oriented producer linkages.
APEDA facilitated the maiden sea export of NPOP- and EU-certified organic Palmyra Jaggery Powder from Tamil Nadu to Bulgaria. The initiative seeks to diversify India's organic export basket, create market linkages for traditional Palmyra-based products, and improve producer access through export-oriented value chains. It covers organic cultivation and reports improved price realisation for participating farmers and the manufacturer compared with the domestic market. APEDA supports certified organic and value-added agricultural exports through market development, quality compliance, and overseas buyer linkages.
October 16, 2026
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Data-driven trade governance enables integrated monitoring, application analysis and evidence-based policy inputs through the National Strategic Trade Command Centre.
The National Strategic Trade Command Centre provides an integrated analytics and visualisation platform consolidating trade data to monitor trade indicators, scheme performance, application pendency, processing timelines, regional trends and compliance-related parameters. It enables analysis across national trade performance, Regional Authorities, schemes, products, destination markets and individual applications, subject to role-based access permissions. Initial dashboards cover key trade-facilitation and regulatory processes, including SCOMET, export promotion schemes, certificates of origin, importer-exporter registration and restricted imports and exports.
October 16, 2026
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Private capital mobilisation should use competitive financing, guarantees and risk mitigation to expand productive employment and productivity.
Private capital mobilisation is treated as essential to employment generation and productivity growth. Private enterprises, MSMEs and startups should remain central to job creation, with financing assessed by employment and productivity outcomes rather than volume. Guarantees, risk-mitigation instruments, local-currency financing and lower transaction costs are identified as means to expand affordable and predictable access to capital. Methodologies underlying governance indicators should be transparent, objective, evidence-based and responsive to diverse development experiences.
October 16, 2026
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Narcotics smuggling through misdeclared air cargo triggered seizure, arrest, and ongoing investigation into concealed hydroponic weed imports.
A Bangkok-origin air-cargo consignment declared as PU Tubes was examined on suspicion of mis-declaration. Plastic spools were found to contain concealed cavities holding polythene-wrapped packets of compacted green substance, preliminarily identified as suspected ganja/marijuana and described as hydroponic weed. The concealed substance, packaging and concealment material were seized under the NDPS Act, 1985. One person was arrested, and follow-up searches produced leads for continuing investigation.
October 16, 2026
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Unaccompanied baggage gold smuggling: concealed hardware and insider coordination triggered interception, seizure, and arrests under customs law.
Foreign-origin gold smuggling through the unaccompanied baggage channel involved concealment of gold within hardware items and coordinated retrieval through warehouse personnel and intermediaries. Intelligence-led interception resulted in recovery and seizure of foreign-origin gold concealed in a floor spring, metal locks, a grease gun and a door closer. The arrangement used a trolley secured by a pre-decided number-lock combination, with a warehouse staff member, mediator and receiver allegedly involved in delivery of the concealed gold.
October 16, 2026
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Opium cultivation licensing grievance redressal advances through public hearings, administrative remedies, policy recording, and a planned cultivator helpline.
Opium cultivation licensing grievances were addressed through a public hearing where cultivators raised irrigation, climatic, single-plot licensing, and village-wise allocation concerns. Participants were informed of available legal provisions and administrative remedies. Requests for more licences and larger cultivation plots were considered, with policy matters recorded. A helpline is intended to assist cultivators during the 2026-27 licensing operation.
October 16, 2026
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Illicit cannabis cultivation: crop destruction followed legal formalities, while investigation continues in a remote wildlife sanctuary.
Illicit cannabis cultivation was located by a joint DRI and CBN team across five stretches of remote, densely forested wildlife-sanctuary land near village Jamniapani, Shirpur, District Dhule, Maharashtra. The cultivation covered 2.87 hectares. Following requisite legal formalities, the cannabis crop was destroyed using a rotavator in the presence of Police and Forest Department officials. Investigation remains in progress.
October 15, 2026
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Merchandise and services trade estimates show export growth, import expansion, and a wider combined trade deficit over the reporting period.
Combined trade estimates for April-September 2026-27 show exports of US$ 476.20 billion and imports of US$ 551.13 billion, resulting in a trade deficit of US$ 74.93 billion. Merchandise exports rose to US$ 259.89 billion, while merchandise imports reached US$ 437.53 billion. Estimated services exports were US$ 216.31 billion and services imports were US$ 113.60 billion, producing a services trade surplus of US$ 102.71 billion. September services figures are estimates, and specified earlier-period data were revised using quarterly balance-of-payments data.
October 15, 2026
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Emerging technology skills and resilient supply chains are positioned as foundations for investment competitiveness and inclusive economic growth.
Ministerial policy priorities for India's trade, investment and technology agenda emphasise artificial intelligence, cybersecurity, technology adoption, manufacturing investment and lifelong skill development. Investment competitiveness is linked to political stability, resilient supply chains, and fair and transparent trading practices. The first tranche of a bilateral trade agreement with the United States has been finalised, while final contours and legal drafting continue before operationalisation.
October 14, 2026
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Majority stake acquisition in the jewellery sector receives competition clearance for GRT Jewellers' purchase of Tribhovandas Bhimji Zaveri.
Competition Commission of India approved GRT Jewellers (India) Private Limited's proposed acquisition of a majority stake in Tribhovandas Bhimji Zaveri Limited. The transaction concerns entities operating in the Indian gems and jewellery market, including a private limited acquirer and a publicly listed target engaged in manufacturing and sale of gems and jewellery.
October 14, 2026
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Minority shareholding acquisition in mother and baby healthcare receives competition clearance for a private equity-backed investment.
Competition Commission of India clearance authorises NuageLux BidCo S.a r.l. to acquire approximately 23% of the fully diluted shareholding in Kids Clinic India Ltd. The transaction constitutes an acquisition of a minority equity interest in a healthcare provider operating under the Cloudnine brand. NuageLux BidCo is a Luxembourg-incorporated private limited special purpose vehicle, ultimately controlled by Permira Holdings Ltd.

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Index Numbers of Wholesale Price in India (Base: 2011-12=100)Review for the month of December, 2018

January 14, 2019

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The official Wholesale Price Index for ‘All Commodities’ (Base: 2011-12=100) for the month of December, 2018 declined by 1.4 percent to 120.1 (provisional) from 121.8 (provisional) for the previous month.

INFLATION

The annual rate of inflation, based on monthly WPI, stood at 3.80% (provisional) for the month of December, 2018 (over December, 2017) as compared to 4.64% (provisional) for the previous month and 3.58% during the corresponding month of the previous year. Build up inflation rate in the financial year so far was 3.27% compared to a build up rate of 2.21% in the corresponding period of the previous year.

Inflation for important commodities / commodity groups is indicated in Annex-1 and Annex-II.

The movement of the index for the various commodity groups is summarized below:

PRIMARY ARTICLES (Weight 22.62%)

The index for this major group declined by 1.8 percent to 134.7 (provisional) from 137.2 (provisional) for the previous month. The groups and items which showed variations during the month are as follows:

The index for ‘Food Articles’ group declined by 1.4 percent to 144.0 (provisional) from 146.1 (provisional) for the previous month due to lower price of fruits & vegetables (8%), peas/chawali (7%), condiments & spices (2%) and paddy (1%). However, the price of betel leaves (14%), arhar (9%), maize and poultry chicken (6% each), gram, fish-marine and urad (4% each), jowar and masur (3% each), bajra and coffee (2% each) and rajma, pork, moong, fish-inland, barley, ragi and tea (1% each) moved up.

The index for ‘Non-Food Articles’ group declined by 0.1 percent to 124.5 (provisional) from 124.6 (provisional) for the previous month due to lower price of guar seed (6%), raw cotton and castor seed (3% each), groundnut seed (2%) and raw rubber, rape & mustard seed and raw silk (1% each).  However, the price of gingelly seed, floriculture and mesta (5% each), copra (coconut) (4%), safflower (kardi seed) and linseed (3% each), raw jute, skins (raw) and soyabean (2% each) and coir fibre, raw wool, hides (raw), sunflower and cotton seed (1% each) moved up.

The index for ‘Minerals’ group rose by 7.7 percent to 140.4 (provisional) from 130.4 (provisional) for the previous month due to higher price of garnet (28%), copper concentrate (21%), manganese ore (9%), iron ore, phosphorite and chromite (3% each) and bauxite (1%).  However, the price of zinc concentrate (30%) and sillimanite (4%) declined.

The index for 'Crude Petroleum & Natural Gas' group declined by 11.9 percent to 91.7 (provisional) from 104.1 (provisional) for the previous month due to lower price of crude petroleum (16%).

FUEL & POWER (Weight 13.15%)

The index for this major group declined by 5.9 percent to 103.5 (provisional) from 110.0 (provisional) for the previous month. The groups and items which showed variations during the month are as follows:-

The index for ‘Mineral Oils’ group declined by 10.2 percent to 94.7 (provisional) from 105.5 (provisional) for the previous month due to lower price of naphtha (21%), furnace oil (16%), LPG (13%), ATF (12%), petrol and bitumen (9% each), HSD (8%), petroleum coke (7%) and kerosene (3%).

MANUFACTURED PRODUCTS (Weight 64.23%)

The index for this major group declined by 0.4 percent to 118.3 (provisional) from 118.8 (provisional) for the previous month. The groups and items which showed variations during the month are as follows:-

The index for ‘Manufacture of Food Products’ group declined by 1.0 percent to 127.7 (provisional) from 129.0 (provisional) for the previous month due to lower price of molasses (6%), gur, honey and coffee powder with chicory (5% each), rice bran oil and palm oil (4% each), powder milk, manufacture of processed ready to eat food and cotton seed oil (3% each), sugar, butter, other meats [preserved/processed], buffalo meat [fresh/frozen] and castor oil (2% each) and  manufacture of prepared animal feeds, instant coffee, vanaspati, ghee, sooji (rawa), mustard oil, groundnut oil, processed tea and manufacture of bakery products (1% each).  However, the price of wheat bran and manufacture of starches & starch products (4% each), manufacture of health supplements (3%), gram powder (besan), chicken/duck [dressed-fresh/frozen], copra oil and bagasse (2% each) and wheat flour (atta) and manufacture of macaroni, noodles, couscous & similar farinaceous products (1% each) moved up.

 
The index for ‘Manufacture of Beverages’ group rose by 0.2 percent to 122.0 (provisional) from 121.7 (provisional) for the previous month due to higher price of aerated drinks/soft drinks (incl. soft drink concentrates) (1%).  However, the price of bottled mineral water and beer (1% each) declined.

The index for ‘Manufacture of Textiles’ group rose by 0.1 percent to 119.2 (provisional) from 119.1 (provisional) for the previous month due to higher price of manufacture of made-up textile articles, except apparel (4%) and manufacture of other textiles (2%). However, the price of synthetic yarn (2%) and texturised & twisted yarn and. manufacture of cordage, rope, twine & netting (1% each) declined.

The index for ‘Manufacture of Wearing Apparel’ group rose by 0.2 percent to 138.4 (provisional) from 138.1 (provisional) for the previous month due to higher price of leather garments incl. jackets and shawls & scarves [knitted] (1% each).

The index for ‘Manufacture of Leather and Related Products’ group declined by 0.3 percent to 121.1 (provisional) from 121.5 (provisional) for the previous month due to lower price of vegetable tanned leather (6%), belt & other articles of leather (3%) chrome tanned leather (2%).  However, the price of canvas shoes (2%) moved up.

The index for ‘Manufacture of Wood and of Products of Wood and Cork’ group rose by 0.3 percent to 133.9 (provisional) from 133.5 (provisional) for the previous month due to higher price of timber/wooden plank [sawn/resawn] (4%), wooden box/crate (2%) and wooden block-compressed or not and lamination wooden sheets/veneer sheets (1% each). However, the price of particle boards (3%) and wood cutting [processed/sized] (1%) declined

The index for ‘Manufacture of Paper and Paper Products’ group declined by 0.1 percent to 125.2 (provisional) from 125.3 (provisional) for the previous month due to lower price of paper bag including craft paper bag (14%), kraft paper, base paper, laminated paper and newsprint (2% each) and bristle paper board, duplex paper, hard board and poster paper (1% each). However, the price of pulp board (6%), paper carton/box (2%) and corrugated sheet box, paper for printing & writing and corrugated paper board (1% each) moved up.

The index for ‘Printing and Reproduction of Recorded Media’ group rose by 0.7 percent to 147.5 (provisional) from 146.5 (provisional) for the previous month due to higher price of journal/periodical (3%). However, the price of hologram (3d) (3%) and printed labels/posters/calendars and sticker plastic (1% each) declined.

The index for ‘Manufacture of Chemicals and Chemical Products’ group declined by 0.7 percent to 120.0 (provisional) from 120.8 (provisional) for the previous month due to lower price of mono ethyl glycol (12%), organic solvent (9%), acetic acid & its derivatives (8%), hydrogen peroxide (6%), menthol, alkyl benzene, poly propylene (pp), camphor and phthalic anhydride (5%each), plasticizer, ethyl acetate and printing ink (4% each), creams & lotions for external application, hair oil/body oil, aniline (including pna, ona, ocpna), acrylic fibre, carbon black, ethylene oxide and alcohols (3% each), ammonium sulphate, polystyrene [expandable], varnish (all types), epoxy [liquid], fatty acid, insecticide & pesticide and mosquito coil (2% each) and polyethylene, phosphoric acid, polyester fibre fabric, catalysts, caustic soda (sodium hydroxide), adhesive tape (non-medicinal), shampoo, rubber chemicals, sulphuric acid, oleoresin, perfume/scent and polyester chips or polyethylene terepthalate (pet) chips (1% each).  However, the price of ammonia gas (13%), powder coating material, ammonium nitrate, soda ash/washing soda and polyester film(metalized) (2% each) and safety matches (match box), ammonium phosphate, ammonia liquid, toilet soap, xlpe compound, other inorganic chemicals, superphospate /phosphatic fertilizer [others], poly vinyl chloride (PVC), fungicide [liquid], mixed fertilizer, gelatine, organic chemicals, other petrochemical intermediates, amine and liquid air & other gaseous products (1% each) moved up.

The index for ‘Manufacture of Pharmaceuticals, Medicinal Chemical and Botanical Products’ group declined by 0.2 percent to 124.1 (provisional) from 124.3 (provisional) for the previous month due to lower price of vials/ampoule, glass, empty or filled and anti-malarial drugs (2% each) and antioxidants and plastic capsules (1% each). However, the price of anti inflammatory preparation (3%), anti-retroviral drugs for HIV treatment (2%) and sulpha drugs and anti allergic drugs (1% each) moved up.

The index for ‘Manufacture of Rubber and Plastics Products’ group declined by 0.2 percent to 110.2 (provisional) from 110.4 (provisional) for the previous month due to lower price of plastic button (6%), polypropylene film (4%), plastic bag and processed rubber (3% each), rubber components & parts, plastic film, plastic tube (flexible/non-flexible) and plastic components (2% each) and plastic tank, PVC fittings & other accessories, plastic furniture, polythene film, elastic webbing, rubberized dipped fabric, motor car tyre and thermocol (1% each). However, the price of plastic box/container (3%), medium & heavy commercial vehicle tyre and rubber tread (2% each) and solid rubber tyres/wheels, rubber moulded goods, plastic bottle, conveyer belt (fibre based) and acrylic/plastic sheet (1% each) moved up.

The index for ‘Manufacture of Other Non-Metallic Mineral Products’ group declined by 0.3 percent to 115.2 (provisional) from 115.6 (provisional) for the previous month due to lower price of graphite rod, ceramic tiles (vitrified tiles) and marble slab (2% each) and clinker, white cement, cement superfine, granite, fibre glass incl. sheet, asbestos corrugated sheet and glass bottle (1% each). However, the price of ordinary sheet glass and toughened glass (2% each) and plain bricks, porcelain sanitary ware, poles & posts of concrete and ordinary portland cement (1% each) moved up.


The index for ‘Manufacture of Basic Metals’ group declined by 1.2 percent to 112.5 (provisional) from 113.9 (provisional) for the previous month due to lower price of angles, channels, sections, steel (coated/not) (4%), alloy steel wire rods, sponge iron/direct reduced iron (DRI)and mild steel (MS) blooms (3% each), hot rolled (HR) coils & sheets, including narrow strip, gp/gc sheet, copper metal/copper rings, ferrochrome, aluminium disk & circles, aluminium shapes- bars/rods/flats, brass metal/sheet/coils, MS pencil ingots, MS wire rods, MS bright bars, pig iron and aluminium powder (2% each) and aluminium ingot, aluminium alloys, steel cables, cold rolled (CR) coils & sheets, including narrow strip, ferromanganese, stainless steel pencil ingots/billets/slabs, alloy steel castings, stainless steel tubes, copper shapes- bars/rods/plates/strips and aluminium castings (1% each). However, the price of steel forgings-rough, stainless steel coils, strips & sheets, ms castings and cast iron [castings] (1% each) moved up.

The index for ‘Manufacture of Fabricated Metal Products, Except Machinery and Equipment’ group declined by 0.1 percent to 116.1 (provisional) from 116.2 (provisional) for the previous month due to lower price of boilers (5%), steel door (3%), cylinders and copper bolts, screws, nuts (2% each) and bolts, screws, nuts & nails of iron & steel, aluminium utensils, hose pipes in set or otherwise and jigs & fixture (1% each).  However, the price of forged steel rings (5%), hand tools and electrical stamping-laminated or otherwise (2% each) and pressure cooker, steel drums & barrels, iron/steel cap, steel container and stainless steel utensils (1% each) moved up.

The index for ‘Manufacture of Computer, Electronic and Optical Products’ group declined by 0.6 percent to 112.3 (provisional) from 113.0 (provisional) for the previous month due to lower price of sunglasses (4%), colour TV (3%), electronic printed circuit board (PCB)/micro circuit (2%) and meter (non-electrical) (1%).  However, the price of electro-diagnostic apparatus, used in medical, surgical, dental or veterinary sciences (7%) and scientific time keeping device (1%) moved up.

The index for ‘Manufacture of Electrical Equipment’ group declined by 0.1 percent to 112.0 (provisional) from 112.1 (provisional) for the previous month due to lower price of jelly filled cables (6%), aluminium wire (3%), refrigerators (2%) and washing machines/laundry machines, lead acid batteries for vehicles & other uses, transformer, electrical relay/conductor, aluminium/alloy conductor, generator parts and copper wire (1% each).  However, the price of solenoid valve, fibre optic cables, electric mixers/grinders/food processors and connector/plug/socket/holder-electric (2% each) and insulator, generators & alternators and air coolers (1% each) moved up.

The index for ‘Manufacture of Motor Vehicles, Trailers and Semi-Trailers’ group declined by 0.8 percent to 112.8 (provisional) from 113.7 (provisional) for the previous month due to lower price of seat for motor vehicles (9%), engine (2%) and light, medium & heavy commercial vehicles, passenger vehicles and cylinder liners (1% each).  However, the price of crankshaft (3%), axles of motor vehicles (2%) and shafts of all kinds, minibus/bus, filter element and release valve (1% each) moved up.

The index for ‘Manufacture of Other Transport Equipment’ group rose by 0.3 percent to 112.4 (provisional) from 112.1 (provisional) for the previous month due to higher price of motor cycles (1%). However, the price of scooters (1%) declined.

The index for ‘Manufacture of Furniture’ group declined by 0.7 percent to 127.5 (provisional) from 128.4 (provisional) for the previous month due to lower price of foam and rubber mattress (3%) and iron/steel furniture (1%). However, the price of plastic fixtures (2%) moved up.

The index for 'Other Manufacturing' group rose by 7.0 percent to 114.6 (provisional) from 107.1 (provisional) for the previous month due to higher price of gold & gold ornaments (8%), football (5%), silver (2%) and plastic moulded-others toys and cricket bat (1% each). However, the price of stringed musical instruments (incl. santoor, guitars, etc.) (3%) and playing cards (1%) declined.

WPI FOOD INDEX (Weight 24.38%)

The rate of inflation based on WPI Food Index consisting of ‘Food Articles’ from Primary Articles group and ‘Food Product’ from Manufactured Products group increased from -1.96% in November, 2018 to 0.07% in December, 2018.

FINAL INDEX FOR THE MONTH OF OCTOBER, 2018 (BASE YEAR: 2011-12=100)

For the month of October, 2018, the final Wholesale Price Index for ‘All Commodities’ (Base: 2011-12=100) stood at 122.0 as compared to 121.7 (provisional) and annual rate of inflation based on final index stood at 5.54 percent as compared to 5.28 percent (provisional) respectively as reported on 14.11.2018.

Next date of press release: 14/02/2019 for the month of January, 2019

This press release is available at our home page http://eaindustry.nic.in

Annexure-I

Wholesale Price Index and Rates of Inflation (Base Year: 2011-12=100)

 

 

 

 

Month of  December, 2018

Commodities/Major Groups/Groups/Sub-Groups

Weight

WPI

December-2018

Latest month over month

Build up from March

Year on year

2017-18

2018-19

2017-18

2018-19

2017-18

2018-19

ALL COMMODITIES

100.00

120.1

-0.60

-1.40

2.21

3.27

3.58

3.80

PRIMARY ARTICLES

22.62

134.7

-3.16

-1.82

3.62

5.07

3.86

2.28

Food Articles

15.26

144.0

-4.63

-1.44

4.72

4.88

4.72

-0.07

Cereals

2.82

153.1

-0.07

0.26

-2.00

5.88

-3.00

7.59

Paddy

1.43

154.7

-0.27

-0.58

0.74

1.38

3.19

3.97

Wheat

1.03

152.8

0.00

0.39

-2.45

8.22

-8.47

9.61

Pulses

0.64

135.8

-3.83

3.82

-13.64

11.04

-35.19

2.11

Vegetables

1.87

146.6

-22.39

-12.37

50.17

27.26

56.38

-17.55

Potato

0.28

175.0

-1.59

-21.52

29.20

34.10

-8.40

48.68

Onion

0.16

131.3

8.20

-25.31

228.21

-16.53

197.05

-63.83

Fruits

1.60

138.5

-0.62

-1.84

3.23

-9.00

11.99

-3.69

Milk

4.44

143.6

0.00

-0.35

2.71

2.06

3.85

2.43

Eggs, Meat & Fish

2.40

140.3

-2.33

2.11

0.00

5.41

1.67

4.55

Non-Food Articles

4.12

124.5

1.79

-0.08

-2.21

3.66

-0.17

4.45

Oil Seeds

1.12

140.9

1.73

0.14

0.47

1.59

-0.54

8.97

Minerals

0.83

140.4

0.25

7.67

6.45

1.52

7.38

14.89

Crude Petroleum

1.95

83.3

0.71

-15.52

5.98

12.72

3.96

17.49

FUEL & POWER

13.15

103.5

0.95

-5.91

2.03

5.61

8.03

8.38

LPG

0.64

98.0

0.44

-12.89

-2.03

15.16

21.14

6.87

Petrol

1.60

84.2

0.97

-8.48

0.73

-0.36

8.94

1.57

HSD

3.10

94.6

1.52

-8.24

2.59

4.99

12.68

8.61

MANUFACTURED PRODUCTS

64.23

118.3

0.18

-0.42

1.69

2.16

2.79

3.59

Manufacture of Food Products

9.12

127.7

-0.55

-1.01

0.08

-0.16

-0.23

0.24

Manufacture of Vegetable And Animal Oils and Fats

2.64

114.1

0.90

-2.23

2.86

-2.48

1.27

2.33

Sugar

1.06

112.5

-4.31

-2.17

-4.97

-3.68

0.73

-9.42

Manufacture of Tobacco Products

0.51

149.5

0.40

-0.13

6.75

-0.53

6.30

-1.52

Manufacture of Textiles

4.88

119.2

0.27

0.08

0.27

4.38

2.07

5.30

Manufacture of Wearing Apparel

0.81

138.4

-0.07

0.22

4.28

0.51

4.75

-0.29

Manufacture of Leather and Related Products

0.54

121.1

1.34

-0.33

0.66

0.58

0.58

-0.08

Manufacture of Wood And of Products of Wood and Cork

0.77

133.9

0.61

0.30

1.08

1.90

1.39

1.90

Manufacture of Paper and Paper Products

1.11

125.2

0.51

-0.08

2.51

4.07

3.67

5.56

Manufacture of Chemicals and Chemical Products

6.47

120.0

0.71

-0.66

1.34

3.90

2.72

6.01

Manufacture of Rubber and Plastics Products

2.30

110.2

-0.37

-0.18

-1.75

2.42

-0.93

3.09

Manufacture of other Non-Metallic Mineral Products

3.20

115.2

0.27

-0.35

3.66

1.05

4.04

1.68

Manufacture of Cement, Lime and Plaster

1.64

112.8

0.35

-0.09

3.93

-0.70

3.74

-0.70

Manufacture of Basic Metals

9.65

112.5

1.58

-1.23

7.64

2.65

11.00

9.33

Mild Steel - Semi Finished Steel

1.27

98.8

1.83

-1.40

4.65

0.71

6.42

4.55

Manufacture of Fabricated Metal Products, Except Machinery and Equipment

3.15

116.1

-0.27

-0.09

2.21

3.66

5.02

4.69

Manufacture of other Transport Equipment

1.65

112.4

0.63

0.27

1.46

1.81

2.01

0.81

Annexure-II 

 

 

 

 

 

 

 

 

 

 

 

Trend of Rate of Inflation for some important items during last six months

 

 

 

 

 

 

 

 

 

 

 

 

Commodities/Major Groups/Groups/Sub-Groups

Weight (%)

Rate of Inflation for the last six months

 

 

Dec-18

Nov-18

Oct-18

Sept-18

Aug-18

July-18

 

 

ALL COMMODITIES

100.00

3.80

4.64

5.54

5.22

4.62

5.27

 

 

PRIMARY ARTICLES

22.62

2.28

0.88

2.46

3.04

-0.07

2.04

 

 

Food Articles

15.26

-0.07

-3.31

-1.42

-0.21

-4.04

-2.10

 

 

Cereals

2.82

7.59

7.23

6.24

5.54

5.05

3.51

 

 

Paddy

1.43

3.97

4.29

4.08

4.64

4.78

3.96

 

 

Wheat

1.03

9.61

9.18

9.49

8.87

8.39

6.38

 

 

Pulses

0.64

2.11

-5.42

-13.51

-18.14

-14.12

-17.24

 

 

Vegetables

1.87

-17.55

-26.98

-18.35

-4.13

-20.00

-13.58

 

 

Potato

0.28

48.68

86.45

94.48

79.89

71.21

75.19

 

 

Onion

0.16

-63.83

-47.60

-31.69

-23.74

-25.94

44.20

 

 

Fruits

1.60

-3.69

-2.49

0.80

-6.97

-16.40

-8.81

 

 

Milk

4.44

2.43

2.78

2.78

2.21

2.86

2.87

 

 

Eggs, Meat & Fish

2.40

4.55

0.00

-0.44

-0.44

0.00

0.87

 

 

Non-Food Articles

4.12

4.45

6.40

4.14

3.51

2.65

3.96

 

 

Oil Seeds

1.12

8.97

10.70

7.50

8.20

10.23

9.86

 

 

Minerals

0.83

14.89

6.97

14.80

0.85

7.12

13.14

 

 

Crude Petroleum

1.95

17.49

40.06

50.08

56.19

53.47

58.99

 

 

FUEL & POWER

13.15

8.38

16.28

18.66

17.30

17.73

18.10

 

 

LPG

0.64

6.87

23.22

31.39

33.51

46.08

31.53

 

 

Petrol

1.60

1.57

12.06

20.10

17.21

16.56

20.75

 

 

HSD

3.10

8.61

20.16

24.14

22.18

19.90

22.84

 

 

MANUFACTURED PRODUCTS

64.23

3.59

4.21

4.57

4.13

4.43

4.53

 

 

Manufacture of Food Products

9.12

0.24

0.70

1.17

0.86

1.73

1.74

 

 

Manufacture of Vegetable And Animal Oils and Fats

2.64

2.33

5.61

9.49

10.39

11.76

13.50

 

 

Sugar

1.06

-9.42

-11.40

-11.44

-12.99

-11.15

-10.51

 

 

Manufacture of Tobacco Products

0.51

-1.52

-0.99

0.00

-0.13

0.33

2.82

 

 

Manufacture of Textiles

4.88

5.30

5.49

5.77

4.77

4.05

3.88

 

 

Manufacture of Wearing Apparel

0.81

-0.29

-0.58

0.29

0.95

1.98

2.14

 

 

Manufacture of Leather and Related Products

0.54

-0.08

1.59

1.25

2.00

1.84

2.49

 

 

Manufacture of Wood And of Products of Wood and Cork

0.77

1.90

2.22

0.61

-0.23

0.83

0.53

 

 

Manufacture of Paper and Paper Products

1.11

5.56

6.19

4.44

2.59

3.56

2.86

 

 

Manufacture of Chemicals and Chemical Products

6.47

6.01

7.47

7.69

7.46

6.93

6.48

 

 

Manufacture of Rubber and Plastics Products

2.30

3.09

2.89

2.23

2.14

1.77

2.05

 

 

Manufacture of other Non-Metallic Mineral Products

3.20

1.68

2.30

3.40

3.40

3.95

3.48

 

 

Manufacture of Cement, Lime and Plaster

1.64

-0.70

-0.27

-0.26

-0.44

0.09

0.44

 

 

Manufacture of Basic Metals

9.65

9.33

12.44

14.00

13.18

13.30

15.57

 

 

Mild Steel - Semi Finished Steel

1.27

4.55

7.97

9.52

9.13

8.03

8.50

 

 

Manufacture of Fabricated Metal Products, Except Machinery and Equipment

3.15

4.69

4.50

5.84

5.88

8.56

6.69

 

 

Manufacture of other Transport Equipment

1.65

0.81

1.17

1.18

1.73

1.65

1.92

 

Topics

Acts Income Tax