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    Lokta Opens Its Agentic Loan Servicing Platform to NBFCs Up to Rs 100 crore, with No Platform Fee for Up to Two Years
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September 2, 2026
Show AI Summary
NBFC loan servicing governance retains lender control through deterministic decision rules, maker-checker controls, reconciled migration and optional AI assistance.
Lokta Next 100 offers RBI-registered NBFCs with loan books up to Rs 100 crore post-approval loan servicing, accounting, reporting, analytics, collections, recovery and partner-management functions, excluding pure-play microfinance NBFCs. Credit, approval and money decisions remain with the lender. Maker-checker approval applies to every change, and migration requires line-by-line reconciliation before cutover. Records remain lender-owned, hosted in India and exportable. AI may propose changes but cannot post to the ledger; deterministic lender-policy rules decide changes. Platform fees are deferred for up to 24 months, subject to stated loan-book thresholds.
September 2, 2026
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RTI access to maintained records does not require creation of Aadhaar date-of-birth update data on demand.
UIDAI did not maintain separate Aadhaar data on date-of-birth updates in Bihar following the announced social security pension enhancement, including month-wise or district-wise compilations. No internal review or flagging of unusual update patterns was available or applicable in its records. The Central Information Commission clarified that the RTI framework does not require a public authority to create, compile or generate information that it does not maintain in the form requested. The initial CPIO response treating the information as outside the RTI Act was considered inappropriate.
September 2, 2026
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Transgender arrest and detention safeguards prompt calls for a standard operating procedure and clearer procedural protections.
Legal and regulatory issues include safeguards for arrest and detention of transgender persons, consultation requirements in Bar Council policy-making, and procedural accountability in electoral administration and policing. Personal insolvency proceedings raise questions about tribunal powers to constitute an expanded bench. Hospitality operators are expected to comply strictly with food-safety and hygiene norms. Proposed restrictions on minors' social-media accounts address cyberbullying, online exploitation, and harmful screen exposure.
September 2, 2026
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Railway equipment purchase orders and export order expand IC Electricals' domestic and international business pipeline.
IC Electricals Company Limited has secured railway purchase orders for electrical and electronic supplies and an export order, creating combined order inflow across domestic railway operations and international markets. Its product portfolio includes regulators, battery chargers, emergency lights, inverters, microprocessor-based control systems, alternators, traction motors, and permanent magnet alternators with controllers. Forward-looking statements on business plans, projects, and research and development remain subject to risks and uncertainties and may differ materially from actual results.
September 2, 2026
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Double deflation explains negative manufacturing GVA deflators when input prices rise faster than output prices.
Double deflation in manufacturing separately deflates gross output and intermediate consumption, with real GVA derived from their difference. Where input prices rise faster than output prices, nominal GVA may grow more slowly than real GVA, producing a negative implicit GVA deflator despite rising output and input prices. A negative manufacturing GVA deflator therefore does not establish a fall in manufactured-product prices or lower real growth. The implicit GDP deflator is a derived ratio between current-price and constant-price GDP and differs from CPI and WPI because of their distinct coverage, weights, and price concepts.
September 2, 2026
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Data centre ease-of-doing-business reforms target reliable power, prepared land, streamlined approvals and building standards for faster infrastructure deployment.
Ease-of-doing-business reforms for India's data-centre ecosystem focus on faster and sustainable infrastructure deployment through reliable power, ready-to-use land, streamlined approvals and suitable building regulations. Proposed power measures include cluster-based transmission planning, first-day sanctioned load, dual feeders and cross-border renewable-energy procurement. Data-centre-ready land banks and power-ready parcels are intended to reduce development timelines. The National Building Code 2026 recognises data centres under Group E and contains a dedicated annex on fire-risk assessment and data-centre-specific performance indicators.
September 2, 2026
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Trade facilitation and customs cooperation drive follow-up action on connectivity, regulatory coordination, investment promotion and bilateral commercial engagement.
India-Afghanistan bilateral trade and economic cooperation is being advanced through institutional engagement on trade facilitation, customs cooperation, connectivity, investment and commercial exchange. Priority areas include customs and data-sharing cooperation, visa facilitation for traders, banking and financial cooperation, pharmaceutical and agricultural trade, energy cooperation, tariff concessions, cargo connectivity and port-related matters. Follow-up action covers regulatory cooperation, improved connectivity, investment promotion and business-to-business engagement.
September 2, 2026
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Residential rooftop solar subsidy requires eligibility, prior approval, registered installation, net metering, commissioning, and verified bank details for direct transfer.
PM Surya Ghar Muft Bijli Yojana provides central financial assistance for eligible grid-connected residential rooftop solar systems, capped at Rs. 78,000 for systems of three kilowatts or more. Applicants must be Indian citizens who own a suitable house, hold a valid electricity connection, and have not received an earlier solar-panel subsidy. Applications require portal registration, distribution-company feasibility approval, installation through a registered vendor, net metering, inspection, commissioning and submission of bank details. Assistance is transferred directly after verification. State-specific net-metering procedures, approvals and additional incentives may apply.
September 2, 2026
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Sovereign credit rating upgrade reflects solid growth, stronger financial systems, and improving fiscal and external resilience.
JCR upgrades India's foreign-currency and local-currency long-term issuer ratings to A- with a stable outlook, citing sustained economic growth, productivity-oriented policies and improved financial-system soundness. Fiscal constraints include elevated deficits, intergovernmental fiscal transfers, electoral-cycle sensitivity, and high combined government debt and interest burdens. Greater emphasis on infrastructure capital expenditure has improved the quality of fiscal spending. External resilience is supported by a contained current account deficit, services surplus and foreign-exchange reserves exceeding short-term external debt.
September 2, 2026
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Personal insolvency bench constitution and repayment-plan eligibility remain contested where a larger tribunal bench stays a third-member order.
Personal insolvency proceedings raised a challenge to the National Company Law Tribunal's authority to constitute a five-member bench after a split verdict. The challenge contended that the mechanism for differing views permits reference to another member or members, but does not authorise a five-member bench. The larger bench stayed the third member's order, restricted asset alienation, and suspended an order permitting settlement of personal-guarantee claims. The dispute concerned the validity of that bench, the split-verdict reference procedure, repayment-plan eligibility, and pending creditor appeals.
September 2, 2026
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Digital lending app verification enables borrowers to identify regulated lenders, grievance channels, and warning signs before accepting loans.
GoCredit's Loan App Checker allows borrowers to search lending apps against the public Digital Lending App directory and identify the regulated lender, grievance contact and RBI Ombudsman escalation route where a match exists. Regulatory reporting by regulated entities enables app-level verification, while borrowers should also check the lender named in app disclosures and loan agreements. A directory listing is a regulated-entity disclosure, not RBI approval or endorsement. Unmatched apps should be assessed through verification steps and reported through official channels where appropriate.
September 2, 2026
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Rupee depreciation in early trade reflected oil-price pressures, risk aversion, higher Treasury yields and broad dollar strength.
Early foreign-exchange trading saw the rupee weaken against the US dollar amid renewed US-Iran tensions, risk aversion, higher Brent crude prices, and a stronger dollar. Safe-haven demand, inflation concerns linked to potential oil-supply disruption, expectations of a September Federal Reserve rate increase, and higher US Treasury yields supported the broad dollar rally. RBI monitoring of the rupee's decline was noted.
September 2, 2026
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Responsible AI governance requires ethical safeguards, privacy protection, accountability and adaptive oversight to build lasting corporate stakeholder trust.
Responsible artificial intelligence governance requires continuous innovation, inclusive development, responsible deployment and trust-based governance. AI systems should be ethical, safe, transparent, fair and human-centric, with safeguards for privacy, bias, security and accountability. Proportionate and adaptive regulation should provide clear accountability, standards, monitoring, auditability and grievance redressal. Good governance, cybersecurity, personal data protection and responsible AI together strengthen organisational resilience, stakeholder trust, transparency and sustainable innovation.
September 2, 2026
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E-auction of surplus public land enables transparent outright sale of RINL parcels through registered, KYC-verified bidding.
National Land Monetization Corporation will facilitate the e-auction and outright sale of 459 encumbrance-free RINL land parcels, including residential plots and parcels suited for commercial and logistics use. Competitive bidding will occur through the RailTel E-Nivida e-procurement platform. Participation requires online registration, KYC verification, and plot-wise submission of an earnest money deposit within prescribed timelines. The process supports transparent monetisation of surplus land and non-core public assets.
September 2, 2026
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Competition approval for infrastructure finance restructuring covers acquisition, minority transfer, investment divestment, and merger of regulated NBFCs.
Competition Commission of India approval applies to the acquisition of Aseem Infrastructure Finance Limited by TPG Nicobar SG Pte. Ltd., a subsequent minority share acquisition by ICICI Bank Limited, and Aseem's divestment of its shareholding in NIIF Infrastructure Finance Limited to National Investment and Infrastructure Fund II. Following the acquisition, Climate Finance India Private Limited is intended to merge into Aseem as the surviving entity. The entities involved include RBI-registered non-deposit taking NBFCs operating in infrastructure finance, investment and credit, and infrastructure debt financing.
September 2, 2026
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Healthcare merger approval enables KCIL to acquire fertility and specialty hospital businesses alongside related equity issuances and investment.
Competition Commission approval covers KCIL's acquisition of up to 100% equity shareholding in AFCPL and 100% equity shareholding in ASHPL. The combination includes KCIL issuing equity shares and optionally convertible debentures to AHLL, representing 9.9% fully diluted shareholding as partial consideration, together with a further KCIL equity investment by Arvon Investments Pte. Ltd. KCIL operates mother and baby care hospitals, while AFCPL provides assisted reproductive treatment and reproductive-medicine services.
September 1, 2026
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Money-laundering investigation into alleged District Mineral Fund diversion examines purported liaison activity and asset acquisition through proceeds of crime.
Money-laundering proceedings under the Prevention of Money Laundering Act concern alleged diversion of District Mineral Fund resources through the Chhattisgarh Seed Corporation. The investigation alleges siphoning of public funds by contractors in collusion with government officials and political executives. A businessman was identified as an alleged liaisoner and financial coordinator between public servants, district authorities and private vendors. Allegations also include receipt of commissions, acquisition of immovable assets from purported proceeds of crime, non-production of records, and contradictory statements during questioning.
September 1, 2026
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Foreign exchange market dynamics: rupee appreciation reflected portfolio inflows, domestic growth, and possible central-bank intervention amid external pressures.
The rupee appreciated against the US dollar, supported by domestic growth, controlled fiscal slippage, portfolio-related inflows and possible Reserve Bank of India intervention. Its gains were limited by weak equity markets, rising crude oil prices and a stronger dollar. External geopolitical tensions and hawkish US monetary signals remained potential pressures. Domestic indicators showed strong economic activity, while the current account deficit widened because of a higher merchandise trade deficit. Foreign portfolio inflows continued despite investors remaining net sellers during the year.
September 1, 2026
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Current account deficit widened as merchandise trade deficit increased, notwithstanding stronger services receipts, remittances, and foreign direct investment inflows.
India's current account deficit widened in the first quarter of 2026-27 as the merchandise trade deficit increased. Higher net services receipts, increased personal transfer receipts and lower net primary-income outgo partly supported the external account. Financial-account movements included higher net foreign direct investment inflows, a shift in foreign portfolio investment from net inflow to net outflow, and lower net inflows through non-resident deposits and external commercial borrowings. Foreign exchange reserves declined on a balance-of-payments basis during the quarter.
September 1, 2026
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Technology-enabled tax compliance and enforcement supported higher commercial tax collections, while GST rate reductions moderated sectoral net GST growth.
Technology-enabled tax administration supported commercial tax and net GST collection growth in Andhra Pradesh during August 2026 and the cumulative period through August. AI-based analytics and scrutiny, IGST reversals, UPI-based enforcement, registration verification, Aadhaar authentication, digital payment enablement, predictive analytics and data sharing strengthened compliance, scrutiny and revenue mobilisation. Petroleum VAT, professional tax, liquor VAT and IGST settlement also increased, while GST rate reductions moderated net GST performance in specified product sectors.

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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