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Netflix, Uber enter India's CPI basket

Mint Hyderabad

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

Diese Geschichte stammt aus der January 30, 2026-Ausgabe von Mint Hyderabad.

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PE giants line up for shoe maker RedTape

Global private equity firms including Apax Funds and Advent International have joined the race to acquire a majority stake in RedTape, in a transaction that could value the Indian footwear maker at ₹4,500-5,000 crore (about $500 million), three people familiar with the matter said on condition of anonymity.