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Recent Current Affairs related to PPI

4 News
11 September 2026 ECONOMY

According to the “National Accounts Statistics (NAS) - 2026” publication released by the Ministry of Statistics and Programme Implementation (MoSPI), FY23 has been adopted as the base year for national account estimates.

The publication consists of 60 statements derived from the updated Final estimates for FY23 and FY24, and the First Revised Estimate for FY25. The revised estimates incorporate new series for the Producer Price Index (PPI), Index of Industrial Production (IIP), and Banking Services Price Index (BkSPI), all of which use the 2022-23 base year.

24 August 2026 BANKING

Paramotor Digital Technology Ltd has entered into a co-branded partnership with NSDL Payments Bank Ltd to launch co-branded prepaid cards across India.

The collaboration integrates the technological capabilities of Paramotor with the banking infrastructure and issuance services of the latter to provide secure and compliant prepaid payment solutions to consumers.

3 August 2026 BANKING

Eroute Technologies Pvt Ltd has launched India's first 'Flexi Benefits Basket' on the UPI via its OmniCard platform.

It is an employee-controlled digital wallet designed for tax-efficient spending across multiple benefit categories. The platform is built on a RBI-licensed Prepaid Payment Instrument (PPI) infrastructure and is accepted at 60 million UPI-enabled merchant outlets.

31 July 2026 ECONOMY

The Ministry of Statistics and Programme Implementation (MoSPI) has announced plans to adopt the Producer Price Index (PPI) as a deflator for quarterly and annual GDP estimates, replacing the Wholesale Price Index (WPI) where applicable.

It is to be noted that in June 2026, WPI inflation rose to 9.87% from 9.68% in May 2026, while output PPI inflation increased to 9.57% from 9.38% during the same period.

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