India's retail inflation, which is measured by consumer price index (CPI), fell to a 25-month-low in May, to 4.25 per cent, as food prices came down. In April, it was 4.70 per cent.
Food inflation too slid to 2.91 per cent in May from 3.84 per cent in April.
According to data released by the Ministry of Statistics and Programme Implementation, retail inflation was at a high of 7.04 per cent in May 2022, while food inflation was 7.97 per cent during the period.
This is the third consecutive month when CPI-based inflation has remained below the Reserve Bank of India's tolerance level, which is between 2 per cent to 6 per cent.
Prices of cereals, oil and fats, fruits, beverages as well as clothings and footwear came down in May compared to April.
Tripura’s Biotechnology department honoured with SKOCH Award 2025: Minister Animesh Debbarma
The Biotechnology department of the Tripura government is honoured with the prestigious SKOCH award 2025 for the remarkable contribution in College Biotech Club project, said science and technology minister Animesh Debbarma on Thursday.
Tripura Assembly's Budget session to begin on Friday
The Budget session of the Tripura Assembly will start on Friday and apart from the budget for fiscal 2025-26, some important bills and reports will be tabled during the session.
Reliance Jio successfully celebrates 54th National Safety Week in Tripura
Reliance Jio successfully celebrated the 54th National Safety Week across Tripura recently. The initiative, aimed at fostering a culture of safety and well-being among employees, was inaugurated with great enthusiasm, aligning with this year’s theme: "Safety and Well-being: Crucial for Viksit Bharat."