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PREVIEW - Feb WPI seen easing slightly to 7.79 pct

Govt scraps weekly inflation data release
India has discontinued weekly release of food and fuel inflation data based on wholesale price index (WPI) with immediate effect, a government statement said on Thursday, following a decision taken last month by the Cabinet Committee on Economic Affairs. "WPI shall, henceforth, be released on a monthly basis only," the statement said. All new Maruti Swift Dzire CS arrives with poise at Rs 4.79 lakh!

Govt to scrap weekly inflation data release

The government will discontinue weekly release of food and fuel inflation data based on wholesale price index (WPI) and instead shift to monthly reporting, a government official said on Wednesday,

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Annual rate of inflation at 2.47%
New Delhi, Jan 19 (IBNS) The Wholesale Price Indices (WPI) for the week ended 7th January, 2012 in respect of 'Primary Articles' and 'Fuel & Power' is given below:

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Battle expected over impending pharma policy
The government’s proposed pharma policy for drug pricing has received a near-unanimous approval from the industry while civil society groups think it will hurt the poor.

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Rupee snaps 2-day advance
The rupee strengthened for a third day on speculation foreign funds would step up purchases of the nation’s assets after the central bank signalled it may cut borrowing costs.

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Food inflation gives way to deflation, prices fall 3.36%
Opinion divided whether it will prompt monetary easing in the January 24 review.

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