-PTI The All-India CPI-IW for November increased by 1 point and pegged at 288 New Delhi: Retail inflation for industrial workers rose to 3.97 per cent in November 2017 mainly due to surge in prices of food items, kerosene and cooking gas. "The year-on-year inflation measured by monthly CPI-IW (consumer Price Index-Industrial Workers) stood at 3.97 per cent for November, 2017 as compared to 3.24 per cent for the previous month (October, 2017)...
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Bitcoins like Ponzi schemes: Govt
-The Times of India NEW DELHI: The government on Friday cautioned people against the risk of virtual currencies, saying they are not legal tender and do not have any regulatory permission or protection in India. In one of the sternest warnings by the authorities, the government said virtual currencies are not backed by government fiat. The caution comes against the backdrop of a surge in interest in such instruments, fuelled by astronomical...
More »Obscenity of hunger deaths -Jayati Ghosh
-Frontline.in The farce being played out in the name of Aadhaar has led to several deaths because it denies the poor their right to food and therefore life. THERE is no doubt that human life is cheap in India, perhaps more so now than ever before. The attacks, atrocities and killings of people from the minority communities and marginalised groups, which have now become so common, are particularly appalling because they reflect...
More »Nervous over rising crude, government ends monthly LPG price hike -Sanjay Dutta
-The Times of India NEW DELHI: In a clear indication of the nervousness over rising oil prices evoking popular anger, the government has asked state-run fuel retailers to stop raising the price of subsidised cooking gas cylinders by Rs 4 a month. The order was issued in October, around the same time the government cut excise duty on petrol and diesel by Rs 2 per litre to stave off rising consumer anger...
More »consumer plaint disposal drops as case flow surges -Dipak K Dash
-The Times of India NEW DELHI: The disposal of cases filed in the National consumer Disputes Redressal Commission (NCDRC), the country's apex consumer commission, is at its lowest in four years while the number of cases has hit an all-time high. According to details available on the central online database of consumer forums (CONFONET), the number of cases disposed of by the NCDRC was 5,812 till Tuesday, against 10,678 cases filed and...
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