-Hindustan Times Retail inflation in November dipped below 6% for the FIRst time in 11 months, beating analyst estimates, on the back of a sharp deceleration in food prices, especially of vegetables and edible oils, although a spike in cereal prices is a matter of concern. New Delhi: Retail inflation in November dipped below 6% for the FIRst time in 11 months, beating analyst estimates, on the back of a sharp deceleration...
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Retail inflation falls to 11-month low of 5.88 per cent in November
-PTI/The Telegraph In December 2021, the retail inflation stood at 5.66 per cent Retail inflation dipped below the RBI's upper tolerance level of 6 per cent for the FIRst time in 11 months in November as softening prices of food items brought relief but the central bank may wait for more data before pausing hikes in interest rates. As per the data released by the National Statistical Office (NSO) on Monday, the consumer...
More »Field trials of GM mustard DMH-11 showed high yield, says Science Minister -Jacob Koshy
-The Hindu This is the FIRst time that a Central ministry has endorsed the safety and benefits of the seed in Parliament Field trials of the transgenic mustard variety, DMH-11, revealed them to be higher yielding and they didn’t deter the pollination habits of honey bees, Union science minister Jitendra Singh said in Rajya Sabha in a written response to a query. Dhara Mustard Hybrid-11 (DMH-11) had recently been approved by the Genetic...
More »World Bank ups growth for this fiscal to 6.9 per cent
-The Telegraph This is the FIRst upgrade of India’s growth forecast by any international agency amid global turmoil India’s economy is expected to grow 6.9 per cent in the current fiscal year, the World Bank said in a report on Tuesday, citing tightening monetary policy and high commodity prices as factors impacting the country’s growth. The Bank had trimmed its growth forecast for India to 6.5 per cent in early October from a...
More »India to soon suffer heatwaves that break human survivability limit: World Bank report -Sayantani Biswas
-Livemint.com A report shows that lost labor from rising heat and humidity could put up to 4.5% of India's GDP –approximately $150-250 billion – at risk by the end of this decade. A report by World Bank has a ominous warning for India and it only spells doom, as the report has stated that India will soon be one of the FIRst countries that will experience severe heatwaves that will break the...
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