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Retail inflation rises to eight-month high at 6.07 per cent

-The Telegraph Analysts said inflationary management had become challenging now amid rising risks to growth Retail inflation rose to an eight-month high of 6.07 per cent in February and remained above the RBI’s comfort level for the second month in a row. Wholesale price inflation  — the data was also released on Monday — remained in double digits at 13.11 per cent (February) for the 11th consecutive month. Analysts said inflationary management had become...

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Maggi gets costlier as Nestle, HUL hike prices of instant, tea, coffee products

-IndiaToday.in In a disappointment for Maggi, tea and coffee lovers, Nestle and Hindustan Unilever Limited (HUL) have announced rate hikes for major products. The prices of Maggi noodles, tea, coffee and milk have been increased. In a jolt for consumers, Nestle India and Hindustan Unilever Limited (HUL) have hiked the rates of their instant, tea and coffee products, according to media reports. MAGGI PRICE * The prices of Maggi have been increased by 9...

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Real wage rates of the rural workers hardly increased during the last 6 years

In the absence of income or expenditure-based headcount ratio, the growth in the real wages (i.e., nominal wages adjusted against retail inflation) of the manual workers is considered to be a good proxy to assess the trends in poverty. This is because the manual, unskilled/ semi-skilled labourers exist at the bottom of the pyramid or economic hierarchy, and most of them belong to the social categories Scheduled Castes (SCs) and...

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Retail Inflation at 6.01% in January, Hits 7-Month High -Aparna Deb

-News18.com The RBI has been mandated by the government to keep retail inflation at 4 per cent with a margin of 2 per cent on either side  India’s retail inflation increased to 6.01 per cent in the month of January, driven by higher consumer goods and telecom prices along with a comparatively low rate a year ago, data released by the Ministry of Statistics and Programme Implementation on Monday indicated. Inflation, as...

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CPI(M) MP Kareem Moves Private Member’s Bill to Repeal Four Labour Codes -Ronak Chhabra

-Newsclick.in Speaking to NewsClick in a telephone interview on Friday, the Rajya Sabha leader lamented that the Centre has “not accepted even a single recommendation” that was made to it by Standing Committee on Labour in its different reports over the Labour Codes. New Delhi: Communist Party of India (Marxist) Rajya Sabha MP Elamaram Kareem on Friday introduced a Private Member’s Bill that seeks to repeal the contentious four Labour Codes which...

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