-The Economic Times Consumer inflation touched a seven-month high in October denting hopes of rate cut when the Reserve Bank of India reviews the monetary policy next month. Retail inflation, as measured by the consumer price index (CPI) rose to 3.58% in October from 3.28% in September, data released by the government showed. “While we expect the RBI’s March 2018 projection to be revised down a notch, but October’s CPI and the likelihood...
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Wholesale inflation at 6-month high of 3.59%; vegetables get 37% costlier
-PTI WPI-based inflation in September had been the highest since April's 3.85% New Delhi: Inflation at the wholesale level rose to six-month high of 3.59 per cent in October as the prices of food ARTicles, led by onions and vegetables, rose sharply. Inflation, based on the Wholesale Price Index (WPI), was 2.60 per cent in September. In October last year, it was 1.27 per cent. Last month's inflation was the highest since April, when it...
More »Over 60% housing projects in 50 cities delayed: Survey -Dipak K Dash
-The Times of India NEW DELHI: At least 62% of under-construction housing projects across 50 cities are delayed, while the percentage for delayed flats/apARTments stands slightly higher at 64%, recent analysis by a real estate research firm has found. According to data accessed by 'Fight for RERA', the umbrella body of flat buyers, from research firm Liases Forras, nearly 30% of underconstruction apARTments are delayed by two or more years. "Flats or houses...
More »Crop-burning could have been avoided this year, but finding money was a problem -Amitabh Sinha
-The Indian Express Rs 3,000-cr package discussed in September but states wanted Centre to pay, which said no budget Bonn: This season’s stubble-burning in north and north-western India, believed to be largely responsible for the heavy smog over Delhi, could have been avoided if the Centre and the states concerned had agreed on a formula to share the burden of a newly finalised financial incentive package to dissuade farmers from burning their...
More »Crisis is in the air -Darryl D'Monte
-The Indian Express Delhi has become world’s air pollution outcaste. Its decision-makers haven’t understood the consequences. The first thing that the Central and Delhi governments should own up to regarding the air pollution crisis is that everyone was forewarned and cannot pretend to be taken unawares. This “winter of our discontent” is the season when, as temperatures dip, pollutants hover around the surface of the city and do not waft upwards. Things...
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