India to tap Amazon, Flipkart data directly in inflation revamp, roll out services index | Technology News
India will start sourcing price data directly from e-commerce giants including Amazon and Walmart-owned Flipkart to overhaul its benchmark inflation gauge, aiming to capture shifting consumption habits and address concerns that current data is outdated, the head of the statistics ministry said. The move could make India’s retail inflation data more robust by accounting for … Read more