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Inflation rises to 6.21% for October, breaches RBI’s target limit

The Consumer Price Index (CPI) inflation for October is recorded at 6.21 per cent on year-on-year basis. Corresponding inflation rates for rural and urban are 6.68 per cent and 5.62 per cent, respectively, Ministry of Statistics and Programme Implementation (MoSPI) said on Tuesday.

Industries across sectors lauds Union budget presented by Sitharaman

Vivek Lohia, Director, Jupiter Wagons & Chairman, National Council for Railways, ASSOCHAM, opined, "GatiShakti was the limelight of this year’s Union Budget, and rightly so, as it’s one of the integral pillars of growth for India. With strong government intervention along with private investments, the railway industry will largely benefit from this plan. We can expect the cargo handling capacity of railways to increase to 1600 MT by the year 2024-25, which will also accelerate the construction of two dedicated freight corridors.”