-The Hindu Business Line But food prices rise to 33-month high of 7.37% New Delhi: Wholesale Price Index (WPI)-based inflation for April eased to 3.07 per cent, from 3.62 per cent in the same month last year. The latest WPI print was also lower than 3.18 per cent recorded in March this year. Build up inflation for the financial year so far was 0.75 per cent, lower than 0.86 per cent in the...
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UP holds huge potential in agriculture -- it needs right leadership to forge forward-looking path -Harish Damodaran
-The Indian Express UP is truly at the crossroads: The state is uniquely poised to leverage opportunities from agriculture and build on the base laid by entrepreneurs, whether in sugar, potatoes, buffalo meat, leather or mentha oil. But, it is equally in danger of being taken back by decades, courtesy leaders with exclusivist and narrow-minded visions. Efforts to market it as an Uttam Pradesh notwithstanding, UP or Uttar Pradesh, is for...
More »The oil & rupee problem -Kirit Parikh
-The Indian Express A balanced approach can reduce petrol price without affecting revenues. RBI mustn’t artificially shore up rupee The Brent crude oil price has changed from around $68/barrel in January to $70/barrel on November 9, touching a high of $86 on October 3. The rupee has also fallen from Rs 63.30 per US$ in January to Rs 70 on November 9. These fluctuations have created major policy problems for the...
More »Costlier food, fuel push Sep wholesale inflation to 2-month high of 5.13%
-PTI Inflation in 'fuel and power' basket in September was 16.65 per cent Inflation based on wholesale prices rose to a two-month high of 5.13 per cent in September, mainly due to hardening of food prices and rise in cost of petrol and diesel. The Wholesale Price Index (WPI) based inflation stood at 4.53 per cent in August and 3.14 per cent in September last year. According to the government data released Monday, food...
More »Oil marketing companies again hike petrol, diesel prices
-The Hindu The prices of petrol and diesel touched a new high on Sunday with Mumbai paying the maximum among the four metros. Mumbai: State owned oil marketing companies (OMCs) have again increased the price of sensitive petroleum products like petrol and diesel in the country on Sunday. The prices of petrol and diesel touched a new high on Sunday with Mumbai paying the maximum among the four metros. While petrol costs ? 89.29...
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