commerce and industry ministry Archives

February 14, 2025 1:44 PM

WPI inflation slows to 2.31% in January as food prices ease

India's annual Wholesale Price Index (WPI) inflation eased to 2.31% in January 2025 from 2.37% in December 2024, according to data released by the Commerce and Industry Ministry on Friday. Month-over-month, the WPI declined by 0.45% in January, driv...

January 16, 2025 12:35 PM

Startup India marks nine years: 1.59 lakh startups recognised, 16.6 lakh jobs created

India celebrates the ninth anniversary of the Startup India initiative on Thursday, a program that has transformed the country into the world’s third-largest startup ecosystem. Observed annually on January 16 as National Startup Day, the initiativ...

December 16, 2024 4:34 PM

WPI inflation eases to three-month low in November

The annual inflation rate based on the Wholesale Price Index (WPI) stood at 1.89 per cent (provisional) for November 2024, compared to 2.36 per cent in October 2024 and 1.91 per cent in September 2024. According to the Ministry of Commerce and Indus...

December 2, 2024 5:45 PM

Global south not to blame for environmental damage: Piyush Goyal

Commerce and Industry Minister Piyush Goyal, speaking at the inaugural session of the CII Partnership Summit 2024, on Monday, said that the Global South is not responsible for the environmental damage caused by the exploitation of low-cost energy by ...

October 17, 2023 11:06 AM

India’s persistent wholesale deflation: Unveiling the causes and implications

In a concerning trend, India has been grappling with wholesale deflation for the past six months. The Wholesale Price Index (WPI) witnessed its sixth consecutive month of contraction in September, with inflation remaining in the negative territory ...