The cause of the blaze in the northern Tai Po district was not immediately known, but it was fanned by green construction mesh and bamboo scaffolding - a mainstay of traditional Chinese architecture but subject to a phase-out in Hong Kong since March for safety reasons.
Reserve Bank of India deputy governor Poonam Gupta stated that food's significant weight and price swings in India's Consumer Price Index complicate inflation forecasting. This is crucial for monetary policy decisions. The RBI uses various models and indicators to predict inflation and growth. Forecasts for 2025-26 show inflation at 2.6%. Data updates are vital for a dynamic economy.
