techkenyot.com
techkenyot.com September 24, 2018


Wholesale inflation eases marginally to 2.47% in March'18

16 April 2018, 03:33 | Hattie Nash

A vendor arranges vegetable at his stall in a market in Mumbai

A vendor arranges vegetable at his stall in a market in Mumbai

ANZ Bank New Zealand economists said the fees-free first-year tertiary education policy broadly offset any inflationary pressure coming from the usual annual increase in tobacco excise duty, with a 4 per cent fall in the education group instead of its typical first quarter rise.

Wholesale food prices in March fell 0.07% year-on-year, compared with a 0.07% rise a month earlier.

Inflation based on wholesale prices eased marginally to 2.47 per cent in March on cheaper food articles, especially pulses and vegetables.

Prices of the other major group under the WPI, manufactured products, which comprise almost 64.23 per cent of the index, recorded a 3.03 per cent rise.

Sony's Xperia XZ2 Premium makes the two-month-old XZ2 redundant
The camera appears to be a big focus with the Xperia XZ2 Premium, but it's not the only feature Sony's touting with its new phone. There is also a fingerprint scanner on the rear and keep in mind that this smartphone does not feature a 3.5mm audio jack.

Furthermore, index for "Non-Food Articles" group declined by 0.3 percent to 120.2 (provisional) from 120.6 (provisional) for the previous month due to lower price of guar seed (7%), niger seed (6%), floriculture (5%), raw cotton, cotton seed, skins (raw) and gingelly seed (3% each), copra (coconut) (2%) and linseed, castor seed, raw jute, groundnut seed and rape & mustard seed (1% each). Deflation in pulses was 20.58 per cent, in vegetables (2.70 per cent), wheat (1.19 per cent) and egg, meat and fish (0.82 per cent) in March.

Wholesale inflation rate, measured by Wholesale Price Index (WPI), is a marker for price movements in bulk buys for traders and broadly mirrors trends in shop-end prices.

The sub-category of manufactured food products became dearer by 0.31 per cent. The price of petroleum coke (11 per cent) and kerosene (2 per cent) moved up.

Inflation for fuel and power segment came at 4.70% in March as compared to 3.81% for the previous month.

Marine, 'Full Metal Jacket,' star R. Lee Ermey Dies at 74
The role made an impression on viewers, which earned him a Golden Globe nomination and paved way for more film opportunities. Although Ermey identified himself as a political independent, many of his views aligned closely with the Republican party.

The inflation based on Consumer Price Index (CPI), a key data factored in by the RBI to arrive at interest rate, was 4.44 per cent in February.

Inflation in onion continued to stay high at 42.22 per cent and in potato at 43.25 per cent.

The inflation data for January was revised upwards to 3.02 per cent from the provisional estimate of 2.84 per cent.

'Avengers: Infinity War' makers finally talk about Hawkeye's absence
We're so excited that we've re-watched the entire saga and ranked our favorite films across the Marvel Cinematic Universe . That said, it was worth it, as we finally have a Spidey in his potentially most iconic state and we're quite proud of that.



Other News

Trending Now

Watch Han Solo and Chewie meet in the new Solo
We'll learn once and for all if Solo: A Star Wars Story is, in fact, the Star Wars movie we're looking for when it debuts May 25. We know things generally work out for Han, but that doesn't mean Chewbacca's wrong to think everything sounds like a bad idea.

New sanctions on Russian Federation coming, UN Ambassador Nikki Haley says
Haley said that the United States would not pull its troops out of Syria until its goals were accomplished. We set their chemical weapons program back years.Our job was never to take Assad out.

IMD predicts normal monsoon rainfall in 2018
A figure between 96 and 104 per cent of rainfall indicates a normal monsoon and between 105 and 110 per cent above normal. India had faced deficient rains during monsoon season in 2015 and 2014, making both these years drought years.

Nationwide Outage Shuts Down Woolworths
The supermarket giant has not yet revealed the cause of the outage. "We apologise for any inconvenience caused". Staff said every register in every store nation wide has shut down.

Facebook shows dangers of giving up our privacy
But it basically serves the same function, he said, adding he had just done this in recent weeks for a client. The founder of social networking giant continued to earn a base salary of $1 with no bonuses or stock awards.

US, UK, France bomb Syria over chemical attack
In her comments, May also alluded to a nerve agent attack in Britain last month on a former Russian spy and his daughter. May said intelligence and open source accounts indicated that the regime was behind the attack in Douma last Saturday.

Congress President Begins His 3 Day Visit To Uttar Pradesh
Javadekar also said that state government is taking speedy action into the incident because it wants justice to be done. The lady council for the victim has also allegedly received threats from many Hindu organisations.

Manchester City crowned champions as United crash
I want to see how we react now next season. "I think winning in Stamford Bridge gave us the confidence that we can do that". City are 16 points clear of second placed United, who can only take a maximum of 15 points from their remaining matches.

Britain pushes for Syrian ceasefire alongside U.S. and France
Inspectors from the independent Organisation for the Prohibition of Chemical Weapons (OPCW) are now in Damascus. In telephone calls before the Saturday airstrikes, Macron said he had persuaded Trump not to pull out of Syria.

Minster's Ross Wilson wins table tennis gold at Commonwealth Games
Wilson beat the pre-tournament favourite Daybell 3-1 to take home gold in Australia . It's a a strong urge, it's a habit and training makes me happy.