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Economy News

Revised food weights in CPI(IW) reaffirm our contention of rebasing headline CPI

India Infoline News Service / 09:23, Oct 26, 2020

However, the weights of services could jump by at least 7%, through the postulated increase in service consumption pushing up the weighted contribution of miscellaneous inflation by 42 basis points.

 
 
M & A News

Deal-done! Reliance Retail to acquire Future Group's businesses for Rs24,713cr

India Infoline News Service / 07:43, Aug 30, 2020

The acquisition of the retail, wholesale and supply chain business of the Future Group complements and makes a strong strategic fit into Reliance’s retail business, RIL said in the filing.

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