December WPI figures: Wholesale price inflation edges up to 0.83%; manufacturing, food articles and textiles turn costlier

December WPI figures: Wholesale price inflation edges up to 0.83%; manufacturing, food articles and textiles turn costlier

Wholesale prices increased in December, with inflation measured by the Wholesale Price Index (WPI) rising to 0.83%. This marks the second consecutive month of upward movement after two months of deflation, official data released on Wednesday showed. The return to positive inflation came after wholesale prices contracted in October and November, when WPI inflation stood…

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Defying Trump's US manufacturing push? American carmaker Ford returns to India; reveals Rs 3,250 crore investment for Chennai

Defying Trump’s US manufacturing push? American carmaker Ford returns to India; reveals Rs 3,250 crore investment for Chennai

Ford Motor Co is set to re-enter India with a fresh manufacturing plan worth about Rs 3,250 crore ($370 million). The American automaker on Friday announced restarting manufacturing activity at its Chennai facility, marking a major development after its exit from the Indian automotive market in 2021.The decision comes even as US President Donald Trump…

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