WPI inflation 8.3% India rises to a 3.5-year high driven by fuel and manufacturing costs. Learn causes, impact, and key takeaways for competitive exams. Introduction: Sharp Rise in Wholesale Inflation India’s Wholesale Price Index (WPI)-based inflation has surged to 8.3% in April, marking the highest level in nearly three and a half years. This sudden…
RBI cancels Sarvodaya Co-operative Bank licence due to financial instability under Banking Regulation Act 1949. Learn key reasons, DICGC deposit protection, FAQs, and MCQs for exams. RBI Action Against Sarvodaya Co-operative Bank The Reserve Bank of India (RBI) has cancelled the banking licence of Sarvodaya Co-operative Bank with immediate effect, marking a significant regulatory intervention…
RBI liquidity injection 2025: Reserve Bank of India announces ₹2.90 lakh crore liquidity boost through Open Market Operations and USD/INR swap to stabilise the banking system and support credit flow. RBI Announces ₹2.90 Lakh Crore Liquidity Injection into Banking System Introduction: RBI’s Liquidity Boost to Banking System The Reserve Bank of India (RBI) has recently…
Wholesale Inflation Eases to 1.9% in November Amid Cooling Food Prices Introduction to the Report on Wholesale Inflation In November 2024, India’s wholesale inflation rate dropped to 1.9%, marking a significant easing compared to previous months. The decline in inflation is largely attributed to the cooling of food prices, which have been a major contributing…
