-NDTV The Union Cabinet is expected to meet this evening to consider a 7 per cent hike in the Dearness Allowance (DA) of Central government employees. Once approved, it will benefit over 52 lakh government employees. The Cabinet will also take a decision on computerisation of the Public Distribution System (PDS). A Food Ministry proposal seeks to digitise ration cards and fully computerise the PDS network especially at the back-end. Also, a bailout package...
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Aug CPI combined inflation at 10.03% vs 9.86% m-o-m
-Reuters Food prices for consumers accelerated to 12.03% in August from 11.53% in July India's annual Consumer Price Inflation (CPI) picked up in August to 10.03%, driven by a rise in food prices, government data showed on Tuesday. India's retail inflation is the highest among the Brics group of emerging economies - Brazil, Russia, China, and South Africa - and is way above what the Reserve Bank of India (RBI) calls its comfort...
More »'Defiant' VS Achuthanandan's 'explosive' Kudankulam n-protest turns into debacle'
-The Indian Express Ignoring the CPIM's official line, party veteran VS Achuthanandan today set out to Kundankulam to pledge solidarity with anti-nuclear protesters but was stopped by Tamil Nadu Police at the border town of Kaliyikkavila near here. As Achuthanandan's car entered the border town, an officer of Tamil Nadu police stopped the vehicle and requested the 88-year-old leader not to proceed further in view of the security concerns. Complying with the request,...
More »Mamata demands rollback, threatens to pull plug
-The Hindustan Times The government’s go-ahead to FDI in multi-brand retail on Friday drove another wedge between the Congress and the Trinamool Congress, with West Bengal chief minister Mamata Banerjee threatening to take “hard decisions” if the decision wasn't reconsidered within 72 hours. Banerjee, who has also demanded a rollback of the diesel price hike, said the decision was a “big jolt” and called an emergency meeting of her party in...
More »Birla trust tops in political donations
-The Times of India Unwilling to risk their futures to political vagaries, corporate houses tend to hedge their bets and contribute to political parties across the spectrum. Data analyzed by the Association for Democratic Reforms and the National Election Watch has found that the trust which made the maximum contributions to political parties is the General Electoral Trust of the Aditya Birla Group, with Rs 36.46 crore to the Congress between 2003-04...
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