-The Hindu Business Line Inflation has been moderating off late but RBI is unlikely to let its guard down * Has inflation peaked in India? It’s too early to conclude that inflation has peaked in India. While CPI inflation has been drifting lower since the April 2022 peak of 7.79 per cent, the decline is very gradual. The July reading of 6.71 per cent is also well above the upper limit of RBI’s...
More »SEARCH RESULT
Total Matching Records found : 2366
Cost of a veg Indian thali has jumped 42% since 2015. That too without curd, tea, fruits -Shweta Saini and Pulkit Khatri
-ThePrint.in For a family of five, the monthly thali cost jumped up from Rs 4,700 in 2015 to Rs 6,700 in 2022 for a lighter diet. Inflation, particularly food inflation, has been centre stage not just in India but globally. Despite moderation observed in India’s June 2022 inflation print, food inflation continues to stay in the uncomfortable zone of 6 to 8 per cent since the start of the year. How does...
More »Good news from the farm as India’s FY22 foodgrain production estimated at record 316 mn tonnes -Sayantan Bera
-Livemint.com Wheat production estimate sees marginal upward revision to 106.8 million tons, though current rate lowest in 3 years. New Delhi: Production of foodgrain in India — comprising rice, wheat, coarse grains and pulses — is estimated at a record 315.7 million tonnes in 2021-22, shows the fourth advance estimates released by the Agriculture Ministry on Wednesday. According to the latest numbers, wheat production is revised upwards, though marginally, from 106.4 million tonnes...
More »Understanding ethanol blending -K Bharat Kumar
-The Hindu How is ethanol extracted? What are the environmental concerns with respect to this process? The story so far: Prime Minister Narendra Modi announced that India has achieved its target of blending 10% sugarcane-extracted ethanol in petrol, ahead of schedule. Addressing the nation from the Red Fort on the 76th Independence Day, he rooted for energy independence stating that, “we need to be Aatmanirbhar (self-sufficient) in our energy sector”. India is...
More »Patra: India can sustain CAD of 2.5-3% without an external sector crisis
-The Telegraph Overall current account deficit in July rises to $21.04 billion (merchandise and services), commerce ministry reports on Friday Mumbai: Reserve Bank of India deputy governor Michael Patra has tried to soothe concerns about the anticipated surge in India’s current account deficit, suggesting that the country will not be rOiled by a crisis if the CAD climbed to anywhere between 2.5 and 3 per cent of GDP. “Our experience has been that...
More »
