India updates WPI base year to 2022-23, begins gradual shift towards Producer Price Index

Producer Price Index represented through industrial and manufacturing activity in India

India has updated its wholesale inflation framework by shifting the Wholesale Price Index (WPI) base year from 2011-12 to 2022-23 and introducing a phased move towards Producer Price Indices (PPI), which will be released alongside WPI for five years before WPI is discontinued. The revised framework has been released by the Office of Economic Adviser […]

First batch of women cadets trained at NDA commissioned into Defence Forces

women cadets trained at NDA after commissioning into the Indian Army at IMA Dehradun

The first batch of women cadets trained at the National Defence Academy has been commissioned as officers in the Defence Forces, marking a major milestone in women’s participation in military service. In a statement on Saturday, 13 June, the Ministry of Defence said that 17 women cadets, who had joined the NDA in August 2022 […]