-PTI/The Telegraph In December 2021, the retail inflation stood at 5.66 per cent Retail inflation dipped below the RBI's upper tolerance level of 6 per cent for the first time in 11 months in November as softening prices of food items brought relief but the central bank may wait for more data before pausing hikes in interest rates. As per the data released by the National Statistical Office (NSO) on Monday, the consumer...

There is some respite expected for India in terms of prices of imported commodities. This may ease the depletion of its foreign exchange reserves. The country has faced a widening of its merchandise trade deficit from US$ -17.91 billion to US$ -26.91 billion between October 2021 and October 2022. The commodity price data provided by the World Bank in December 2022 (termed as The Pink Sheet) shows that energy prices plummeted by...

-Medianama.com Due to issues related to their Aadhaar data, 59 lakh school students in Maharashtra may lose out on availing mid-day meal services. 59 lakh school students in Maharashtra may lose out on availing services such as mid-day meals, and free uniforms and books due to issues related to their Aadhaar data, according to a report by the Hindustan Times. Of these, over 19 lakh students in the state do not have...

-Hindustan Times The Centre and the top court have exchanged several sharp comments on the collegium system. The Supreme Court on Thursday yet again pulled up the Centre over delays in judges' appointments as it stressed that the government must follow the collegium system, which is the law of the land. The court asked Attorney General R Venkataramani to advise Union Ministers to exercise control over their public criticism of the collegium...

-The Telegraph Many experts, including former RBI governor D Subbarao, have flagged concerns over the privacy aspect of CBDC Mumbai: The RBI on Wednesday said the central bank digital currency (CBDC) will remain anonymous and regulations that are applicable to paper currency will prevail on the e-rupee. Earlier this month, the RBI had begun a pilot for the retail digital rupee after it launched another project for wholesale digital rupee among financial institutions. Many...