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The Latest Breaking News from WPI

PPI vs WPI: What is Producer Price Index and why will it replace Wholesale Price Index in India?

India is phasing out the Wholesale Price Index for a new Producer Price Index. This shift aims to capture prices closer to the factory gate. Both indices will run in parallel for five years to allow business adjustments. Contracts currently referencing WPI will need recalibration during this transition. The government…

The Economic Times

India introduces PPI for goods and services, begins shift from WPI

India has launched Producer Price Index data for goods and services. This move aims to provide a clearer picture of price changes from a producer's viewpoint. The government plans to phase out Wholesale Price Index numbers within five years. This aligns with international practices and IMF recommendations. The new PPI…

The Economic Times

India's wholesale inflation at 9.68% in May under revamped series as Iran war-driven oil costs bite

India’s wholesale inflation stood at 9.68% in May under a new series, with food and fuel prices remaining high amid ongoing US-Iran conflict-driven pressures on crude oil and global supply chains. The government also introduced a producer price index and revised the WPI base year to 2022-23, expanding commodity coverage…

The Economic Times

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Phil Surgen talks AI in NASCAR and his new role at Trackhouse

Surgen is now the Director of Technology for Trackhouse Racing after five years as a Cup Series crew chief

Motorsport

‘Trojan horse moment’: anti-rights groups seize chance to fill void left by US aid cuts

Ultra-conservative Christian organisations look to reshape global health landscape as new aid agreements open door to demands restricting family planning services

The Guardian - UK

Inflation is down but prices remain high: when will the cost-of-living crisis end?

The biggest inflationary shock in a generation has left Australia a much more expensive place to live. It could take years for households to catch up

The Guardian - AU

From Churches to Commencements, EAW Elevates Projects Aurally

Revelation turns to Eastern Acoustic Works for an array of Massachusetts-based projects.

AVNetwork

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WPI calls for unity and harmony among religious communities

WPI calls for unity among all religions and castes to protect India's pluralistic social fabrics and tradition of peaceful coexistence. British rulers sowed the seed of communalism to divide Indians and keep power. Successive governments, especially BJP, have focused on dividing people on cultural identities instead of utilizing resources for…

The Hindu

Tory MP investigated over payments for chairing group that lobbied PM

Inquiry will centre on how Bim Afolami declared his fees from WPI Strategy with the register of MPs’ interests

The Guardian - UK

Meet the high school sport that builds robots — and the next generation of engineers

The FIRST Robotics Competition has evolved from a fascinating after-school activity to having an impact on the tech and engineering world, involving tens of thousands of teens across the globe.

WEKU

Anger brewing against police over alleged custodial death at Tanur

Post-mortem reveals torture marks. Youth organisations protest against alleged police brutality

The Hindu

Revealed: senior Tory MP was paid £2,000 a month by lobbying firm

Bim Afolami ran a group calling for Rishi Sunak to overhaul the UK’s regulatory system

The Guardian - UK

Filling The Gap In Marijuana Knowledge: New Cannabis Education Programs Available In Massachusetts

The number of marijuana-themed education programs is on the rise...not surprising considering the exponential growth of the cannabis industry.

Benzinga

Australia’s jobless rate is only 3.4% – so what’s holding wage growth back?

That the tight labour market isn’t leading to real earnings rises is proof of a ‘deep structural weakness’, says one economist

The Guardian - AU

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WEKU

Colleges ease COVID-19 restrictions as fall semester begins for millions of students

Requirements to test and mask and be vaccinated are becoming less common as colleges shift away from treating COVID-19 as an emergency.

People

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