Business

Plane

Govt clears Rs 10,000 cr to stabilise ATF price

New Delhi: The government Wednesday approved a one-time budgetary support of Rs 10,000 crore for oil marketing companies to provide ATF price stabilisation to Indian airlines for domestic and international operations amid challenges posed by the West Asia conflict. Announcing the decision, I&B Minister Ashwini...

WPI inflation

Govt to gradually replace WPI with Producer Price Index

New Delhi: The government will gradually phase out the Wholesale Price Index (WPI) and introduce a detailed Producer Price Index (PPI) covering output, input and services prices, in a bid to offer a more realistic assessment of inflationary trends in the economy. Addressing media on...

 

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