-Outlook Costly vegetables, particularly potato and onion, pushed the November wholesale inflation to a 14-month high of 7.52 per cent, making it difficult for the Reserve Bank to ease key policy rate. vegetable prices shot up by 95.25 per cent in November as compared to 78.38 per cent in the previous month, said the Wholesale Price Index (WPI) inflation data released today. The overall inflation in the food segment comprising wheat, pulses, vegetables,...
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Retail inflation refuses to ease, rises to 11.24% in Nov-Indivjal Dhasmana
-The Business Standard Inflationary figures could also desist RBI from easing its monetary stance to perk up economic growth The retail price index-based inflation jumped to an all-time high of 11.24%, driven by high vegetable prices, official data showed today. The inflation stood at 10.09% in October, entering double digits for the first time in six months. The surging prices of essential commodities were an important issue in the...
More »Bengal among most expensive states in India -Rohit Khanna & Suman Chakraborti
-The Times of India KOLKATA: You must have been complaining about rise in prices across categories - food or non-food. What you have not realized is West Bengal has become one of the most expensive states in India. Consumer price indices for October this year, filed with the Parliament barely a fortnight back, shows that Bengal's figure is now the second highest. Consumer price indices (CPI) for the rural Bengal during October...
More »Good Governance, Corruption Free Rule Matter: Indian Inc
-Outlook Indian Inc today said the outcome of elections in the four states should be seen as a strong message to the government as well as political parties for ensuring corruption-free rule and good governance. "Congress has been shown the door for poor political leadership and unconvincing approach to corruption," said businesswoman Kiran Mazumdar Shaw in a stern message as the poll results pouring in showed rout-like situation for the party in...
More »Creating a transparent market for cotton growers-MJ Prabu
-The Hindu Appachi eco-logic cotton project is a unique organic cotton contract farm model in the Western Ghats region of Kabini Reservoir. The project covers nearly 1,200 farmers spread over 1,875 acres. Over 17 per cent of the area comes under reserve forests of both Karnataka and Tamil Nadu and exposing the cultivation fields to wild animal attacks is forcing farmers to start cotton cultivation on a mono cropping basis instead of...
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