Softening of WPI inflation to propel economy on higher growth path: Economists

IANS | June 16, 2025 2:58 PM

New Delhi, June 16 (IANS) The continued softening of wholesale price index (WPI) inflation since December 2024 is a positive signal for higher economic growth in India, economists said on Monday, adding that they expect WPI inflation to remain benign in the coming months, assuming geopolitical tensions abate.

Amitabh Kant steps down as G20 Sherpa, to now support free enterprise, startups

IANS | June 16, 2025 11:07 AM

New Delhi, June 16 (IANS) Amitabh Kant on Monday announced his decision to step down as the G20 Sherpa. His resignation comes after 45 years of "dedicated government service" in various roles as G20 Sherpa, CEO of NITI Aayog, Secretary of the Department for Industrial Policy and Promotion, among others.