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August 15, 2026
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Windfall gains tax on petroleum exports was reduced to support domestic fuel availability and limit export price advantages.
Special additional excise duty (windfall gains tax) on exports of petrol, diesel and aviation turbine fuel was reduced from 15 August 2026. Petrol export duty was reduced to nil, and export-duty rates on diesel and ATF were lowered. Duty rates for petrol and diesel cleared for domestic consumption remained unchanged. The export-duty framework seeks to maintain domestic petroleum-product availability and limit export advantages arising from higher global crude oil prices amid West Asia tensions.
August 15, 2026
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August 14, 2026
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Current account deficit widened as merchandise trade imbalance expanded, despite stronger services surplus, transfers, and positive capital inflows.
India's current account deficit widened in June 2026, principally because merchandise imports increased faster than exports and expanded the merchandise trade deficit. A higher services surplus, increased net transfers and a narrower net income deficit provided partial offsets. Net capital inflows, including foreign direct investment and foreign portfolio investment, supported a positive overall monthly balance. During the April-June quarter, despite increased services surplus and net transfers, the overall balance shifted to a deficit as the merchandise trade deficit widened.
August 14, 2026
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Concessional foreign-currency swap facility closes early for new FCNR(B) deposits while ECB and OFCB access remains available.
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August 14, 2026
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Insurance grievance redressal requires initial insurer complaint, prompt acknowledgement, and escalation through integrated monitoring channels when resolution remains unsatisfactory.
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August 14, 2026
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Foreign exchange reserve growth reflects increases in foreign currency assets, gold holdings, special drawing rights, and IMF reserve position.
India's foreign exchange reserves rose to USD 707.002 billion for the week ended 7 August 2026. The increase comprised higher foreign currency assets, gold reserves, special drawing rights and the reserve position with the IMF. Foreign currency asset valuation incorporates appreciation or depreciation of non-US currencies held in reserve assets. Measures including the FCNR(B) scheme were introduced to attract additional foreign exchange inflows.
August 14, 2026
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Wholesale and producer price indices show July inflation movements, provisional estimates, final revisions, and manufacturing input-price trends.
Wholesale Price Index, Output Producer Price Index, and trial Input Producer Price Index estimates under the 2022-23 base-year series set out provisional July 2026 measures and final May 2026 revisions. All-commodities WPI stood at 110.0 in July 2026, with year-on-year inflation of 9.78 per cent. The all-commodities Output PPI was unchanged at 109.9, while the trial Input PPI for manufacturing was provisionally estimated at 105.9. Final May WPI, Output PPI and trial Input PPI measures were revised from their respective provisional estimates.
August 14, 2026
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Logistics data visibility enables EXIM container tracking, operational analytics and multimodal shipment monitoring across India's logistics chain.
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August 14, 2026
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International organic buyer-seller linkages support Tripura producers through direct sourcing engagement, market access and sustainable export opportunities.
International Organic Buyer-Seller Meet in Tripura created a direct platform for organic producers, Farmer Producer Organisations, exporters and international buyers to explore sourcing opportunities, market requirements and long-term commercial linkages. Organic and naturally produced goods, including Queen Pineapple, GI-tagged Kalikhasa Rice, organic ginger and turmeric, black sesame, jackfruit and scented lemon, were showcased through product displays and producer interactions. The initiative seeks to strengthen global market access, sourcing partnerships and income opportunities for organic farmers.
August 14, 2026
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Wholesale price inflation moderation was driven by softer fuel prices, while manufactured goods and primary articles recorded higher inflation.
Wholesale price inflation moderated in July, led by a decline in fuel and power inflation and a marginal easing in food-article inflation. Inflation in manufactured products and primary articles increased, making the moderation uneven across groups. Mineral oils, food articles, basic metals, non-food articles, food products, and chemical products remained significant inflation drivers. The output Producer Price Index remained unchanged year-on-year, with lower manufacturing and mining inflation offset by higher agriculture and electricity producer-price inflation.
August 14, 2026
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International investment-grade issuer ratings support expanded foreign-currency funding, trade finance, correspondent banking and cross-border financial market access.
IDFC FIRST Bank's inaugural international investment-grade issuer credit ratings, with a stable outlook, are expected to improve access to international funding markets and global financial counterparties. The rating is intended to support standby letter of credit lines, foreign-currency funding through its GIFT City International Banking Unit, mobilisation of FCNR(B) deposits, correspondent banking relationships and cross-border trade finance. Strong capitalisation, improving profitability, stable asset quality and a granular retail funding profile underpin the outlook.
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August 13, 2026
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August 13, 2026
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Merchandise trade growth saw rising exports to major markets alongside increased imports and continuing United States trade-pact negotiations.
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August 13, 2026
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GST transport documentation enforcement addresses freight movement of metals without valid e-way bills and invoices under applicable rules.
GST enforcement action led to the seizure of copper and aluminium ingots transported by freight train without valid e-way bills and invoices. The metals were found in three train wagons during inspection of parcel cargo. Further proceedings are to be undertaken under applicable GST rules concerning movement of goods without prescribed transport documentation.
August 13, 2026
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August 13, 2026
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August 13, 2026
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Food Articles Under WPI .

August 13, 2012

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Press Information Bureau
Government of India
Ministry of Commerce & Industry

13-August-2012 17:05 IST

Food Articles Under WPI

The details of WPI (Base 2004-05) of food articles for the last one year and current year along with their corresponding weights are at Annexure I. The weighting pattern of WPI, based on the value of output in the economy, remains fixed during the life of a particular WPI series. The current WPI series with Base year 2004-05 was launched in September 2010. The WPI as well as the weights are also available in the website of the Ministry of Commerce & Industry, i.e.,http://eaindustry.nic.in/. Consumption trends for the above mentioned food articles are not collected. However, the latest item wise consumption trends for food articles based on the 66th round of National Sample Survey Office (NSSO) survey on Household Consumption of Various Goods and Services in India conducted for urban and rural households for the period July 2009 to June 2010 are available at the official website of Ministry of Statistics & Programme Implementation. There is, however, no one to one correspondence among the items of WPI and NSSO survey report because of non uniformity in their respective specifications.

The Government has set up a Working Group under Chairmanship of Dr. Saumitra Chaudhuri, Member Planning Commission on 19th March 2012 to revise the current series of Wholesale Price Index numbers (Base 2004-05) to, inter-alia, select the appropriate commodity basket and examine system of allocation of weights to them.

Annexure I

 

ANNEXURE REFERRED TO IN REPLY TO PART (a) OF LOK SABHA UNSTARRED QUESTION NO. 535 ANSWERD ON 13.8.2012 REGARDING FOOD ARTICLES UNDER WPI.

WPI (Base 2004-05) of Food Articles for FY2010-11, FY2011-12, and April 2012 to June 2012

 

Commodity Name

Weight

2010-11

2011-12

Apr-12

May-12*

Jun-12*

I  Food Articles

14.33709

179.63

192.74

207.2

206.3

209.2

A)    Food Grains

(Cereals+Pulses)

4.08982

174.43

180.72

188.9

190.4

193.4

(i)Cereals

3.37323

169.67

176.23

184.3

184.5

186.4

Rice

1.79348

167.19

172.29

177.3

178.3

181.6

Wheat

1.11595

171.44

168.29

179.3

178.8

180.2

Jowar

0.09572

189.54

248.55

236.8

240.8

235.2

Bajra

0.11522

175.58

193.21

209.5

210.5

209.4

Maize

0.21727

168.94

205.63

225.4

220.5

220.3

Barley

0.01671

165.68

180.19

210.8

212.7

200.1

Ragi

0.01885

173.79

204.92

223.5

228.4

224.0

(ii)Pulses

0.71662

196.86

201.82

211.0

218.3

225.9

Gram

0.33490

149.97

193.78

224.7

236.9

250.7

Arhar

0.13740

205.06

183.20

175.5

181.0

184.8

Moong

0.08429

280.44

244.42

236.6

235.7

234.2

Masur

0.05764

194.45

162.78

170.0

180.1

186.9

Urad

0.10239

271.75

240.00

215.6

214.8

215.1

B)Fruits & Vegetables

3.84270

172.05

183.15

215.3

208.1

213.1

(i)Vegetables

1.73553

182.83

179.26

237.6

224.0

243.8

Potato

0.20150

131.95

128.98

173.8

198.7

221.4

Sweet Potato

0.01750

194.14

205.97

192.7

195.7

181.2

Onion

0.17794

259.60

186.67

139.6

139.3

158.0

Tapioca

0.06781

282.82

285.63

240.9

245.0

238.6

Ginger(Fresh)

0.04514

114.54

79.98

56.5

54.8

72.5

Peas(Green)

0.10999

144.87

174.70

NA

NA

NA

Tomato

0.26738

190.39

184.39

NA

NA

NA

Cauliflower

0.23627

169.87

145.93

NA

NA

NA

Brinjal

0.29840

164.66

170.97

206.7

182.3

227.6

Okra (Lady finger)

0.12604

174.80

237.15

355.3

218.3

209.9

Cabbage

0.18756

214.58

211.59

416.1

437.6

447.1

(ii) Fruits

2.10717

163.17

186.37

197.0

195.1

187.8

Banana

0.34264

163.01

173.42

176.9

202.7

208.5

Mango

0.65134

191.52

237.15

238.5

221.9

208.3

Apple

0.10397

173.59

220.38

240.0

252.7

NA

Orange

0.13309

185.32

237.35

230.3

226.0

236.3

Cashew nut

0.16399

151.04

192.09

169.4

182.6

178.8

Coconut(Fresh)

0.24113

97.77

118.20

109.1

106.4

107.6

Papaya

0.10340

189.62

186.97

130.4

121.6

128.9

Grapes

0.09399

188.85

221.20

NA

NA

NA

Pineapple

0.04577

177.92

193.45

245.2

223.4

249.2

Guava

0.07609

177.67

148.32

102.8

102.8

102.8

Litchi

0.03716

179.20

119.70

NA

NA

153.0

Lemon

0.07225

197.49

236.16

306.3

279.3

244.3

Sapota

0.04235

174.02

209.45

212.3

206.2

211.4

C)Milk

3.23818

175.88

194.01

202.9

204.1

205.7

D)Eggs,Meat& Fish

2.41384

190.13

214.33

229.8

232.6

235.4

Egg

0.18675

165.44

181.79

178.2

178.8

183.0

Fish-Inland

0.57256

193.43

250.82

276.6

279.1

280.2

Fish-Marine

0.72259

222.84

246.72

269.9

271.1

272.1

Mutton

0.34586

187.17

200.10

209.6

211.4

212.5

Beef & Buffalo Meat

0.11585

188.20

199.62

207.7

201.5

201.5

Poultry Chicken

0.41028

141.16

136.56

139.9

150.6

160.5

Pork

0.05995

197.50

219.93

234.3

236.8

240.3

E)Condiments & Spices

0.56908

243.98

237.53

207.4

200.4

195.9

Black Pepper

0.02959

247.12

402.93

483.6

488.8

497.5

Chillies(Dry)

0.15812

221.80

277.12

236.1

225.1

219.9

Turmeric

0.07573

401.72

214.87

145.1

143.6

141.2

Cardamom

0.01703

348.22

291.35

301.2

293.8

281.7

Ginger(Dry)

0.05150

119.25

90.11

74.3

70.3

71.7

Betelnut/Arecanut

0.10437

154.69

209.79

234.6

227.2

210.2

Cummin

0.04393

163.35

188.49

186.6

186.1

185.5

Garlic

0.06437

410.12

281.12

135.3

118.7

120.7

Corriander

0.02444

174.06

216.17

205.7

204.3

202.5

F)Other Food Articles

0.18347

181.94

216.45

225.4

234.1

235.3

Tea

0.11233

148.33

150.85

182.3

196.7

198.6

Coffee

0.07114

235.01

320.08

293.4

293.4

293.4

II Food Products

9.97396

141.15

151.20

155.5

157.1

157.4

A) Dairy Products

0.56798

152.07

171.60

177.1

174.7

174.9

Powder Milk

0.20061

150.22

176.99

183.2

176.9

176.8

Ghee

0.21595

163.71

184.83

188.6

188.1

188.8

Butter

0.06118

159.79

166.59

176.5

176.5

174.6

Ice Cream

0.05063

115.59

123.67

127.6

127.5

128.9

Condensed Milk

0.03961

132.57

141.18

148.1

148.5

149.0

B)Canning, Preserving & Processing Of Food

0.35785

127.21

139.58

142.4

144.6

144.6

Canned Fish

0.05534

136.59

151.49

158.7

159.1

159.0

Fish Meal

0.05941

100.20

113.11

120.1

120.1

120.1

Processed Prawn

0.11517

122.53

128.92

128.8

130.5

133.7

Canned Meat

0.03554

175.87

188.38

193.9

193.9

194.5

Vegetables Seeds

0.09239

126.02

143.93

144.1

150.2

145.9

C)Grain Mill Products

1.34017

145.79

146.19

146.7

147.1

145.3

Maida

0.45224

146.73

145.76

145.4

145.4

145.8

Wheat Flour ( Atta)

0.39334

158.94

163.94

161.2

161.7

156.3

Gram Powder (Besan)

0.09734

134.23

136.10

136.1

136.1

136.1

Sooji ( Rawa )

0.08499

168.91

164.97

167.3

168.4

164.0

Rice Bran

0.11785

122.29

122.60

126.1

129.2

132.4

Wheat Bran

0.09066

130.37

125.06

137.2

137.5

131.8

Beaten Rice Flakes (Chire)

0.03750

107.00

107.00

107.0

107.0

107.0

Maize Atta

0.01572

140.60

140.60

140.6

140.6

140.6

Other Grain Mill Products

0.05053

131.33

123.22

125.6

125.6

125.6

D)Bakery Products

0.44354

126.25

127.19

128.3

128.3

127.1

Biscuit / Cookies

0.35095

121.02

121.63

122.3

122.3

120.8

Bread & Buns

0.06304

147.45

145.46

148.2

148.2

148.2

Cakes & Muffins

0.02955

143.71

154.27

156.5

156.5

156.5

E)Sugar, Khandsari&Gur

2.08859

160.50

167.72

170.5

172.6

173.5

Sugar

1.73731

165.02

173.44

176.5

178.5

178.8

Gur

0.07763

197.20

197.15

198.3

208.2

221.5

Khandsari

0.06133

159.87

170.90

175.0

177.7

179.5

Molasses

0.12926

105.10

103.46

102.1

101.4

99.9

Bagasse

0.03946

118.17

115.84

119.7

120.9

132.9

Sugar Confectionary

0.04360

119.48

119.16

125.3

125.6

125.6

F)Edible Oils

3.04293

120.58

135.72

144.2

146.0

146.5

Vanaspati

0.71494

116.32

121.40

121.2

124.6

124.5

Groundnut Oil

0.30438

145.25

163.83

188.3

192.5

190.6

Palm Oil

0.41999

111.30

119.74

129.8

128.9

130.4

Rice Bran Oil

0.18489

120.12

146.82

154.2

154.3

155.3

Cotton Seed Oil

0.26101

124.31

149.52

153.4

161.8

170.7

Mustard & Rapeseed Oil

0.45094

116.30

135.89

151.6

151.4

151.0

Soyabean Oil

0.37971

125.57

147.17

158.3

158.8

157.0

Copra Oil

0.10231

100.08

119.87

116.2

115.8

115.4

Sunflower Oil

0.17348

120.43

132.04

134.7

134.0

134.7

Gingelly Oil

0.05128

134.22

146.36

157.5

155.9

153.6

G)Oil Cakes

0.49441

168.63

175.30

186.1

189.7

191.6

Cotton Seed Oil Cake

0.12928

142.74

157.48

159.8

160.4

157.0

Rice Bran Extraction

0.09174

223.69

222.10

216.7

206.6

215.9

Mustard Oil Cake

0.04018

180.16

165.51

186.2

196.3

200.1

Groundnut Oil Cake

0.04463

240.19

263.14

291.9

296.9

300.7

Other Oil Cakes

0.18858

140.17

146.07

164.2

174.9

176.0

H)Tea & Coffee Proccessing

0.71106

149.80

156.62

154.7

158.0

159.6

Tea Leaf (Blended)

0.27219

153.89

167.54

173.5

179.3

176.3

Tea Leaf (Unblended)

0.18048

145.55

148.80

137.6

135.5

139.6

Tea Dust (Blended)

0.13716

134.03

134.94

130.2

136.8

144.8

Tea Dust (Unblended)

0.09813

157.62

152.91

149.2

151.5

152.4

Coffee Powder

0.02310

195.80

233.48

236.2

236.2

236.2

I)Salt

0.04810

174.77

176.24

181.8

181.8

181.8

J) Other Food Products

0.87933

141.15

157.44

159.2

161.5

161.8

Cashew Kernel

0.38299

135.81

157.11

154.9

159.9

159.4

Gola (Cattle Feed)

0.11247

178.61

186.48

195.4

195.6

199.7

Papad

0.08081

144.16

162.42

168.3

168.6

167.3

Cashew nut (Roasted)

0.01367

130.84

138.33

143.3

142.7

141.2

Mixed Spices

0.06599

142.67

170.42

171.1

174.3

172.6

Pickles

0.02476

117.15

126.16

127.9

127.9

127.6

Soya Preparations (Excluding Oil)

0.05937

140.94

142.99

144.0

148.8

147.6

Readymade / Instant Food Powder

0.13927

128.44

139.42

144.4

141.4

143.6

*Figures for May 2012 and June 2012 are provisional

                         This information was given by the Minister of State  for Commerce &     Industry Shri Jyotiraditya M. Scindia  in written reply to a question in Lok  Sabha today.

 

DS/GK

Topics

Acts Income Tax