-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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WPI inflation surges to 14-month high of 7.52% -Somesh Jha
-The Business Standard Food prices rise 19.93% year-on-year in November The wholesale price inflation continued to show an uptick in November as it casts a shadow over possibility of a rate cut by the Reserve Bank of India in its upcoming monetary policy review. The Wholesale Price Index (WPI), a measure of inflation at wholesaler's level, rose to 7.52% in November from 7% a month ago mainly due to continued rise in vegetable...
More »India’s fiction of victory at Bali - Biraj Patnaik
-Live Mint By giving in to pressure from the US and EU, India has landed itself and the developing world in a bad trade deal The stenographic cacophony in the Indian media had a singular triumphalist message from the ninth World Trade Organization (WTO) ministerial meet in Bali: India had secured a major victory by safeguarding its food security programme and stood its ground against the US and the European Union...
More »Rs 1,000 crore Nirbhaya fund remains untouched -Himanshi Dhawan
-The Times of India NEW DELHI: It has been a year since Nirbhaya shook the country's conscience with her courage in the face of the brutal gang-rape on the night of December 16. However, the government is yet to shake off its lethargy and has not spent a rupee from the much-touted Rs 1,000-crore Nirbhaya fund. The fund was announced by the Centre with much fanfare in the Union Budget earlier this...
More »State’s position in educational development index sees a fall-Tanu Kulkarni
-The Hindu EDI in District Information System for Education released Bangalore: The State stands fifth in the Composite Educational Development Index (EDI) contained in the recent District Information System for Education (DISE) 2012-2013 provisional report. Last year, the State had secured three ranks higherthan this. This year, the EDI is 0.661. EDI is calculated using a set of 24 indicators under four sub-groups such as access, infrastructure, teachers and outcome indicators. The data...
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