Thursday, March 12
India’s annual retail inflation rose to 2.75% in January, the first reading under the new Consumer Price Index (CPI) series with base year 2024, the Ministry of Statistics and Programme Implementation said on Thursday. To get clarity on key changes, government rolled out a detailed set of Frequently Asked Questions (FAQs) to clarify changes in methodology, weights and coverage.Also Read: India’s retail inflation at 2.75% in January as new 2024-base CPI series kicks inThe MoSPI said the base revision exercise updates the CPI basket and item weights using data from the latest Household Consumption Expenditure Survey (HCES) 2023-24. The revision also incorporates fresh market surveys, updated base prices and methodological refinements.Food weight cut sharplyOne of the most significant cha
Karachi: The Afghanistan players withdrew their names from the first-ever Players' auction held ahead of the 11th edition of the Pakistan Super League (PSL).A franchise owner confirmed initially that players like Mujeeb ur Rehman, Seddiqullah Atal, Muhamad Nabi, Waqar Salamkheil, Fazal Haq Farooqi had registered for the auction held in Lahore on Wednesday.But they withdrew their names following the backlash over the direct signing of Afghanistan opener Rahmanullah Gurbaz by Peshawar Zalmi.However, Salman Naseer, the CEO of the PSL, said there were some players from Afghanistan who were on the roll but no franchise picked them."They were a few Afghanistan players in the auction but no franchise went for them," Naseer claimed.But Naseer said the strained relation between the two nations refl
A group representing India's top airlines IndiGo and Air India has asked the government to dilute proposed fatigue management rules for cabin crew, warning they could disrupt flight schedules and limit growth prospects, a letter shows.The pushback from the Federation of Indian Airlines (FIA) on a key Indian government proposal comes after IndiGo, the country's largest airline, cancelled about 4,500 flights in December due to poor planning for new fatigue management rules for pilots.The cabin crew rules proposed in October call for boosting minimum weekly rest to 48 hours from 36 hours presently and expanding work limitations for night operations.They also call for flight attendants to each get their own hotel room on layovers to improve rest quality. That is not a require
