-Business Standard Recent trends indicate any such moderation would not be across the board or without riders: Experts New Delhi: Contrary to some perceptions, consumer price index (CPI)-based inflation might not ease sharply after kharif crops arrive in the markets. On the other hand, wholesale price index (WPI)-based inflation could see a rise, due to an increase in prices of commodities and metals. CPI inflation rose to 6.07 per cent in July, highest since...

-The Hindu In a sign of change, mothers wage a relentless battle to get their children admission to the seats reserved for the poor in private schools. New Delhi: In her tiny room with a grey refrigerator and a wall-mounted television set, Babita opens up about her dreams. “My children should learn to speak in English,” she says. Two of her children study in private schools, and another in a government school. Private...

-Business Standard FY10 was a drought year with a monsoon rainfall deficiency of 22 per cent of the 50-year average, resulting in a seven per cent dip in the total foodgrains production. But, that did not dampen the consumer sentiment as the auto sector grew by 26 per cent, fast-moving consumer goods (FMCG) 25 per cent and the consumer durables sector by 21 per cent. The momentum continued the following year,...

-Hindustan Times India has the largest population of modern slaves in the world with more than 18 million people trapped as bonded labourers, forced beggars, sex workers and child soldiers, a global survey report said on Monday. The Global Slavery Index by human rights organisation Walk Free Foundation said the number was 1.4% of India’s population, the fourth highest among 167 countries with the largest proportion of slaves. “Existing research suggests all forms...

Situation alarming: More than one-third population hit by drought   The country is facing severe drought for the second consecutive year. Conservative estimates from official sources show that over a quarter of rural habitations are facing drinking water scarcity. Although both India Meteorological Department and Skymet have predicted a more than normal rainfall during June-September, 2016, the water storage available in 91 major reservoirs of the country has declined from 22 percent...