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Retail inflation has fallen to a record low of 0.25% in October. This is the lowest level in the last 14 years. The reason for this is the decrease in the prices of food items.
Apple has announced a new product named iPhone Pocket. This is a knitted pouch, which can be used as an extra pocket. It can be used cross-body, handheld or tied on a bag. The starting price of iPhone Pocket is Rs 13,300.
Before tomorrow’s big news, today’s headlines will keep an eye on…
- There may be a rise in the stock market today.
- Hero MotoCorp will release second quarter results.
- There has been no change in the prices of petrol and diesel.
Now read tomorrow’s big news…
1. Retail inflation lowest in 14 years, 0.25% in October: Effect of cheaper food items; It was 1.44% in September
Retail inflation has fallen to a record low of 0.25% in October. The reason for this is the decrease in the prices of food items. This is the lowest inflation so far in the current CPI series. That is, this is the lowest level of about 14 years. Earlier in September it was at 1.44%.
The current series of CPI in India is based on the base year of 2012. Meaning, the prices of 2012 are taken as 100 and compared. Earlier there were series of 2010 or 1993-94, but they are updated with time so that the figures remain correct. The base year changes in every new CPI series.
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2. Silver increased by ₹ 1,945 to ₹ 1.57 lakh per kg: Gold fell by ₹ 216 to ₹ 1.24 lakh per 10 grams, see the gold price in your city.
There is a fall in the price of gold today i.e. on 12th November. According to India Bullion and Jewelers Association (IBJA), 10 grams of gold has fallen by Rs 216 to Rs 1,23,913. Earlier the price of gold was Rs 1,24,129 per 10 grams.
At the same time, silver has increased by Rs 1,945 to Rs 1,56,705 per kg. Earlier its price was Rs 1,54,760 per kg. On October 17, gold had made an all-time high of Rs 1,30,874 and on October 14, silver had made an all-time high of Rs 1,78,100.
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3. SpiceJet loss widens 35% to ₹621 crore: Revenue down 13% in July-September quarter; Shares fell 37% this year
Low cost airline SpiceJet’s consolidated net loss in the July-September quarter (Q2FY26) increased 35% year-on-year to ₹621 crore. This was ₹458 crore in the same quarter last year. The company’s operational revenue also declined by 13% to ₹792 crore. It was Rs 915 crore in the same quarter last year.
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4. Tax collection increased by 7% but refunds decreased by 17.7%: ₹ 12.92 lakh crore net collection in April-October; Indication of better earnings in salaried and small business
Net direct tax collection in the first seven months of financial year 2025-26 has been ₹12.92 lakh crore. This is 7% more than ₹ 12.07 lakh crore of the same period last year. But refunds declined by 17.7% to ₹2.42 lakh crore.
Both personal income tax (salaried and individuals) and corporate tax (companies) have a major share in net direct tax collections. It also includes STT.
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5. Apple will launch iPhone Pocket on November 14: Cross-body and handheld two versions will be available to hold the phone; Starting price ₹13,300
Apple has announced a new product named iPhone Pocket. This is a knitted pouch, which can be used as an extra pocket. It can be used cross-body, handheld or tied on a bag.
It fits in any model of iPhone. The product is made of knitted fabric, lightweight and flexible material. The company will launch it on Friday, November 14. There will be two versions of it available in the market, which product will be available for limited time only and will be available at select Apple stores and online stores.
Click here to read the full news…
Also see who were the top 10 richest people in the world yesterday…
Know the condition of tomorrow’s market and gold and silver…
Know the latest price of petrol, diesel and domestic gas cylinder…
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