-PTI About 20 per cent increase in wage inflation is building up price pressure on Food articles and is posing a big challenge for RBI to cut policy rates, an industry body said today. "Near 20 per cent annual increase in the wage inflation in rural areas is building up price pressures on Food articles like cereals, rice and wheat, and is posing a big challenge for the Reserve Bank which is...

-The Indian Express With the CBI making its first arrests in the Ishrat Jahan case, Ujjwala Nayudu and Rahul Tripathi look at past investigations, all of which have punctured holes in the Gujarat Police’s encounter theory When were Ishrat Jahan and three others killed? Was it in a police encounter on June 15, 2004, as the Gujarat Police’s records show, or a day earlier, on the evening of June 14, as subsequent...

-The Hindu There is no Lokpal yet, but the Centre’s Grievance Redressal Bill promises to cut through bureaucracy and corruption that plague government services. The citizen is hoping for a repeat of the RTI Act story. A year after the UPA came to power in 2004, it brought the Right to Information Act, ushering in a revolution: citizens, for the first time, could access information under the control of public authorities, whether...

-The Times of India The Centre is blaming state governments for a near 20% rise in cereal prices despite overflowing granaries that have record stocks, and suspects that hoarding and high state levies are causing the spike. The latest wholesale price inflation data showed that the price increase in this segment was estimated at over 19%. According to the consumer price index, inflation is of the order of 17%. Last month, Food...

-PTI Lok Sabha members on Friday raised serious concern over the prevailing high inflation and sought government’s intervention to check price rise along with streamlining the Public Distribution System (PDS). Moving a private member’s resolution on steps to control the rise in prices of essential commodities, Mahendra Kumar Roy (CPI-M) said people are suffering because of high inflation and demanded ban on futures trading in commodities. Mr. Roy also raised the issue of...