Try GOLD - Free
New CPI base reflects spending reality: Garg
Financial Express Delhi
|February 09, 2026
MoSPI secy says it’s not appropriate to assess weights’ effect on inflation volatility
PUSHING BACK ON the claims that the reduced weight of food and beverages in the new consumer price index (CPI) series would diminish the headline inflation during food price spikes, Ministry of Statistics and Programme Implementation (MoSPI) Secretary Saurabh Garg has said it would not be appropriate to make such an assessment.
The primary objective of the CPI base revision is to develop a robust, transparent and representative index that accurately reflects price movement across time as per household consumption behaviour, he said.
This story is from the February 09, 2026 edition of Financial Express Delhi.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 10,000+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM Financial Express Delhi
Financial Express Delhi
AGI STILL YEARS AWAY: DEEPMIND CEO
HASSABIS SAYS TODAY’S MODELS LACK CONSISTENCY, ‘KIND OF LIKE JAGGED”
2 mins
February 19, 2026
Financial Express Delhi
Nayara to add 300 fuel outlets in retail push
MOVE TO STRENGTHEN MARGINS & DOMESTIC MARKET PRESENCE
2 mins
February 19, 2026
Financial Express Delhi
Coming full circle at Dabur
MALHOTRA WILL PROVIDE STRATEGIC DIRECTION TO THE FIRM'S GLOBAL AMBITIONS
3 mins
February 19, 2026
Financial Express Delhi
India, UK launch joint offshore wind taskforce
FIRST MEET TO BE HELD NEXT WEEK
1 mins
February 19, 2026
Financial Express Delhi
India-US subsea project unveiled
AKEY ELEMENT is the creation of a new international subsea gateway in Visakhapatnam, alongwith multiple subsea links connecting India to Singapore, South Africa and Australia, and terrestrial fibre routes linking US and India.
1 mins
February 19, 2026
Financial Express Delhi
Tata Sons board to weigh FY27 spends
ITHASALSO unveiled semiconductor manufacturing projects in Gujarat and Assam as part of India’s push to build a domestic chip ecosystem.
1 min
February 19, 2026
Financial Express Delhi
HUL sharpens premium focus with ₹2K-cr plan
HINDUSTAN UNILEVER (HUL), the country’s largest consumer goods company, on Wednesday said it plans to invest up to ₹2,000 crore over the next two years to expand manufacturing capacity in fast-growing premium segments across its beauty & wellbeing and home care liquid categories.
1 min
February 19, 2026
Financial Express Delhi
Sarvam bets on devices, AI use cases
BENGALURU-BASED AI STARTUP Sarvam on Wednesday announced partnerships with Qualcomm, Bosch and Nvidia.
1 min
February 19, 2026
Financial Express Delhi
SBI MF gears up for §1.5-bn IPO in March
SBI FUNDS MANAGEMENT may file draft papers for an initial public offering next month, according to people familiar with the matter, in what could be the biggest listing by an asset management company in India.
1 min
February 19, 2026
Financial Express Delhi
Japan, US ink $36-billion gas and mineral deals
DEAL IS FIRST TRANCHE OF $550-BN COMMITMENT
1 mins
February 19, 2026
Listen
Translate
Change font size