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Inflation is down? Really? -Rajalakshmi Nirmal

-The Hindu Business Line The numbers may look good but the consumer’s monthly budget hasn’t eased up. Here are four reasons why the common man has no respite from inflation It’s official! Inflation is down. The wholesale price inflation has been in negative territory for the last eight months. CPI, the consumer price-based inflation, has also dropped, from 8-8.5 per cent in the beginning of 2014 to sub-5 per cent now. Inflation...

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Drug abuse cases on the rise in Kerala after new liquor policy -Shaju Philip

-The Indian Express Kerala Excise Minister K Babu on Friday said the state is confronting a major challenge as liquor-addicts are exploring new ways to set off the reduced availability of liquor. Thiruvananthapuram: After closure of 712 liquor bars below five- star category in Kerala April this year, abuse of narcotic drugs, psychotropic substances is going up alarmingly along with the increased sale of illegal liquor and even stimulating ayurvedic tonics,...

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Veggies are cheaper, tomato cheapest but onions as costly -BB Nayak

-The Times of India MUMBAI: A glut of fresh produce has brought down vegetable prices all over the city. Prices of lady's finger and beans dropped to Rs 40 a kg from Rs 60 while that of cabbage dipped to Rs 20 from Rs 30 in the Retail market. The biggest drop is seen in the price of tomatoes, which now sell at Rs 18 a kg, down from last week's Rs...

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Monsoon deficient by 9% so far, uneven spread a worry -Zia Haq

-Hindustan Times India’s June-September monsoon has been deficient so far and quite uneven in its spread, with the rain-bearing system entering a phase that will largely determine whether the country can escape a drought for the first time in six years.   Overall, rains have been 9% lower than normal, with sharper deficits in some areas. Rainfall during August-September, the remaining two months of the rainy season, would be poor at 84%, the...

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India's Handloom Challenge Anatomy of a Crisis -Ashoke Chatterjee

-Economic and Political Weekly The Indian weaver is dismissed in high places as an embarrassing anachronism, despite demand for his or her skills and products. In the new millennium, globalisation and a mindless acquiescence to imported notions of a good life threaten to take over, even as the West looks East for better concepts of sustainable living. Analysing today's crisis in the handloom sector, plagued by low-cost imitations from power looms,...

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