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India's basket of crude rises 102% between Oct 2020-Oct 2022: Report

-IANS/ Business Standard According to Petroleum Ministry sources, petrol prices stood at Rs 81.06 per litre in October 2020, however by October 2022, they had risen only 19.3 per cent to Rs 96.72 per litre Even as the average price of Indian basket of crude oil increased by 102 per cent (from $43.34 to $87.55) between October 2020 and October 2022, the retail prices of petrol and diesel have increased in India...

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Fact check: Is the demand for MGNREGA jobs declining, as Finance Minister Nirmala Sitharaman claims? -Nidhi Jacob

-Factchecker.in/ Scroll.in MGNREGA is a social security and employment scheme which aims to provide at least 100 days of guaranteed employment in a year to every rural household. Union Finance Minister Nirmala Sitharaman, while addressing the Lower House of the Parliament on December 14, claimed that the demand for work under the Mahatma Gandhi National Rural Employment Guarantee Act is declining. “There is now very obviously a declining demand for jobs in the...

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Credit growth spurs public lenders’ balance sheets to 10-year high in first half of FY23: RBI report

-The Hindu ‘Commercial banks may have to raise deposit rates more to meet a surge in credit demand; while banks have swiftly transmitted increases to lending rates, deposit rates have been laggards for most’ Under the backdrop of a highly uncertain global environment caused by globalisation of inflation, energy and food shortages, and synchronised tightening of monetary policy worldwide, the Indian economy was exhibiting signs of a gradual strengthening of the growth...

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Expedite categorisation of de-notified, nomadic, semi-nomadic tribes: House panel -Abhinay Lakshman

-The Hindu Delay would increase their suffering and deprive them of welfare schemes, Parliamentary panel on Social Justice and Empowerment said The Parliamentary panel on Social Justice and Empowerment has pulled up the Union government over the “very slow” process to categorise over 260 denotified, nomadic and semi-nomadic tribes under either the SC/ST/OBC lists, which government officials have pointed to for the delay in the approval of benefits under the SEED (Scheme...

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Prof. Satyajit Rath, National Institute of Immunology, interviewed by Sandipan Talukdar (Newsclick.in)

-Newsclick.in There is no evidence either of the subvariant being particularly more transmissible than other variants of the Omicron lineage, according to the eminent immunologist. BF.7, the new Omicron subvariant which has triggered a surge in China, has also been detected in India. Till the filing of this article, India hadrecorded only four BF.7 cases. New precautionary measures taken by the government, including advisories on wearing masks in public places and avoiding...

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