-The Hindu A critical facet of the consequences of an interest rate increase is the correction of asset prices. Interest rates act as gravity to stock market prices The Federal Reserve and other central banks around the world have raised interest rates to curb inflation. The rationale behind raising interest rates is that the cost of borrowing rises whenever they are raised, and the incentive to save and invest rather than consume...

-TheQuint.com Not only do we need free ration for an overwhelming majority but also more for those at the bottom of the pyramid Being affluent, I am on a diet, fasting for 19 hours at a stretch, eating within the remaining five-hour window, and keeping my calories under 800 per day. These are the luxuries of the rich. The poor, who earn their living through hard, back-breaking labour, cannot afford to go...

-The Telegraph Villagers from far-flung blocks take part in agitation organised under the aegis of Khadya Suraksha Jan Adhikar Manch Jamshedpur: Nearly 2,000 villagers from different blocks of Jharkhand’s West Singhbhum district staged a dharna at the district headquarters to protest the “theft” of foodgrains in violation of the National Food Security Act (NFSA). Villagers from far-flung blocks like Sadar, Tonto, Khuntpani, Tantnagar, Chakradharpur, Sonua, Hatgamharia, Kumardungi and Manoharpur took part in the...

-Livemint.com The free ration scheme, popularly known as the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY), has been extended for the next three months The free ration scheme, popularly known as the Pradhan Mantri Garib Kalyan Anna Yojana (PMGKAY), has been extended for the next three months, the government announced on Wednesday. Union minister Anurag Thakur said the Central cabinet has decided to extend the PMGKAY scheme for the next 3 months. The...

-The Telegraph Malaise has become such that even rations are being distributed in sacks with photos of PM, says petition The Supreme Court on Monday issued notices to the Centre and the states on a public interest plea that alleges blatant misuse of government advertisements by ruling parties, and refers to the use of the Prime Minister’s images on Covid vaccine certificates, ration cards and PDS grain sacks. The petition, moved by the...