Briefly Business: CCEA gives nod to monthly WPI statistics

The Cabinet Committee on Economic Affairs is learnt to have given in-principle approval for doing away with weekly inflation figure for primary articles

Written by Express News Service | New Delhi | Published:January 25, 2012 12:12 am

CCEA gives nod to monthly WPI statistics

The Cabinet Committee on Economic Affairs (CCEA) is learnt to have given in-principle approval for doing away with weekly inflation figure for primary articles and fuel and power and releasing the Wholesale Price Index (WPI) figures on a monthly basis,official sources said. Currently inflation figures for primary articles — food and non food — and fuel and power,are released on a weekly basis,with a monthly release of the overall inflation figures.

Telco chiefs meet Sibal on spectrum pricing

The heads of the largest telecom firms met the telecom minister Kapil Sibal,on Tuesday to put forth their concerns on spectrum pricing. Sibal is considering the recommendations of the Telecom Commission on the matter.

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