Versuchen GOLD - Frei

Netflix, Uber enter India's CPI basket

Mint Bangalore

|

January 30, 2026

From Ubertrips to Netflix subscriptions and digital devices, India will soon start counting a host of new goods and services to determine its retail inflation.

- Subhash Narayan

Simultaneously, items such as video cassette recorders and audio cassettes will be removed from the consumption basket, relics of entertainment that have disappeared from India's living rooms long ago. India will shift to a new consumer price index (CPI) series index with 2024 as the base year from 12 February, the Union statistics ministry said on Thursday. This comes after an expert group recommended a comprehensive overhaul

WEITERE GESCHICHTEN VON Mint Bangalore

Mint Bangalore

Treks, digs, new vistas to draw tourists

Trekking trails in the Himalayas and the Ghats, archaeological sites such as the Indus Valley Civilisation excavations in Gujarat and Haryana, and Buddhist sites in the Northeastern states are among places the Centre has proposed for thematic tourism.

time to read

1 mins

February 02, 2026

Mint Bangalore

Power surge for beleaguered discoms: ₹18,000 crore for reforms

The government has allocated ₹18,000 crore in the budget for FY27 for the revamped distribution sector scheme (RDSS) amid a renewed push to reform power distribution.

time to read

3 mins

February 02, 2026

Mint Bangalore

The budget's focus on capabilities reveals its long view

The macroeconomic numbers for India’s economy would be the envy of others.

time to read

3 mins

February 02, 2026

Mint Bangalore

Centre to retain states’ share of central taxes at 41% for FY27-31

The central government has decided to retain states’ share in the central government's divisible pool of taxes at 41% for the five-year period starting FY27, in line with the recommendations ofthe Sixteenth Finance Commission (SFC) chaired by economist Arvind Panagariya.

time to read

2 mins

February 02, 2026

Mint Bangalore

Budget balancing of capex, deficits

build domestic capacity in key intermediate goods such as pharmaceuticals, rare earths, semiconductors, electronic components, and chemicals.

time to read

1 min

February 02, 2026

Mint Bangalore

The budget adheres to a tried and tested formula

India's 2026-27 budget may broadly be apt for now. But as fiscal policy adopts a distant debt target, the Centre must remain adaptive—and ready to contain any big-spender instincts

time to read

2 mins

February 02, 2026

Mint Bangalore

Mint Bangalore

STILL BUILDING: CAPEX TAP KEEPS FLOWING

₹12.2 trillion allocated for infrastructure development in FY27, an increase of 8.83% from last year's ₹11.21 trillion

time to read

3 mins

February 02, 2026

Mint Bangalore

Duty breaks to boost battery production

Finance minister Nirmala Sitharaman announced a slew of exemptions on basic customs duty (BCD) for equipment and raw material imported to develop a domestic clean power ecosystem.

time to read

2 mins

February 02, 2026

Mint Bangalore

Sindoor effect: India’s capital outlay for defence jumps 18%

India has increased the capital outlay for defence by about 18% to nearly ₹2.2 trillion for the financial year starting 1 April (FY27), as the country looks to acquire sophisticated weapons and modernise its military assets amid rising security risks.

time to read

2 mins

February 02, 2026

Mint Bangalore

Shock to the system: Power sector funders to get a rejig

Finance minister Nirmala Sitharaman on Sunday announced the restructuring of state-owned Power Finance Corp. (PFC) and its arm REC Ltd (formerly Rural Electrification Corp.), as part of the government's broader vision for non-banking financial companies (NBFCs).

time to read

2 mins

February 02, 2026

Listen

Translate

Share

-
+

Change font size