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Home Business Inflation rises to 8.56 per cent in January

Inflation rises to 8.56 per cent in January

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New Delhi, Feb 15 Wholesale price-based inflation rose to 8.56 per cent in January, shooting past the RBI's forecast of 8.5 per cent for this fiscal end, as food items such as sugar, potatoes and pulses turned costlier.

Overall inflation in December was 7.31 per cent.

Sugar prices rose by 58.96 per cent in January year-on-year while potatoes turned costlier by 53.39 per cent and pulses by 45.64 per cent.

On monthly basis, prices of masur increased by 9 per cent, arhar by 6 per cent and wheat by 4 per cent.

Fuel index rose by 1.8 per cent due to higher prices of naphtha that rose 21 per cent. Furnace oil rose 6 per cent while bitumen, non-coking coal and light diesel oil rose 3 per cent each.

Source: PTI

 

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New Delhi, Oct 29  As part of its corporate social responsibility, Telecom major Ericsson in tie up with 12 major engineering universities and institutions today launched a professional certification programme to train and hone skills in the sector.

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