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No proposal to charge UPI payments, says FinMin -Shayan Ghosh

-Livemint.com The Centre put to rest speculation following a recent RBI discussion paper on digital payment charges MUMBAI: The finance ministry on Sunday said the government is not planning to charge for payments through the unified payments interface (UPI) channel, putting to rest speculation following a recent Reserve Bank of India (RBI) discussion paper on digital payment charges. “UPI is a digital public good with immense convenience for the public and productivity gains...

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Has inflation peaked? -Lokeshwarri SK

-The Hindu Business Line Inflation has been moderating off late but RBI is unlikely to let its guard down * Has inflation peaked in India? It’s too early to conclude that inflation has peaked in India. While CPI inflation has been drifting lower since the April 2022 peak of 7.79 per cent, the decline is very gradual. The July reading of 6.71 per cent is also well above the upper limit of RBI’s...

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Automation Raises Risk Of Job Loss. Upskill, Say Experts -Aprameya Rao

-NDTV.com A recent report by an international research and advisory company forecasts a grim future for the job market in the five biggest economies of Asia Pacific, including India. By 2040, the working population of these five economies -- India, China, South Korea, Australia, and Japan -- are at a higher risk of automation than North America and Europe, notes Forrester in its latest report 'Future Of Jobs Forecast, 2020 To 2040'. As...

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Fortified rice is not suitable for everyone's consumption, state activist of ASHA and Right to Food Campaign

-Press release by Alliance for Sustainable and Holistic Agriculture (ASHA) and the Right to Food Campaign (RTFC) dated 22 August, 2022 New Delhi, August 22, 2022: An RTI response by the Ministry of Women and Child Development reveals knee-jerk and self-protecting measures in the form of a few circulars issued by the Ministry of Food and Public Distribution as well as the Ministry of Women and Child Development with regard to Fortified...

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No plan to import wheat into India, have sufficient stock, confirms govt

-Livemint.com The following confirmation from the government arrived after a LiveMint report, which – citing FCI – said that wheat reserves have declined in August to the lowest level for the month in 14 years, while wheat inflation is running at close to 12% The Department of Food and Public Distribution on 21 August confirmed that the government is not planning to import wheat from overseas. It also said that India has...

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