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Record Profits Boost Corporate Sector in Pandemic -Subodh Varma

-Newsclick.in This is in contrast to estimated 84% of Indian families reporting decline in their earnings due to pandemic related lockdowns and restrictions. The trend was visible from last year but the scale of profits reported by listed companies after the last financial year ended in March this year is nothing short of mind-boggling. According to latest data by CMIE or Centre for Monitoring Indian Economy, companies listed at the BSE (formerly...

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MSP Revision a Betrayal of Our Movement, Covers Only Inflation Impact, Say Farmer Leaders -Ravi Kaushal

-Newsclick.in If rise in input costs is compared with new MSP, then in real terms, MSP has been reduced for 11 out 14 Kharif crops, the leaders said. New Delhi: Terming it a “cruel joke” on farmers, farmer organisations on Thursday said that the increase in minimum support price (MSP) of 14 crops for Kharif season 2022-23 announced by the Centre merely covers the impact of inflated prices of inputs including seeds,...

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Turkey rejects Indian wheat consignment on phytosanitary concerns: Report

-Business Standard Turkey's decision comes at a time when international buyers have been looking to secure supplies of wheat Turkish authorities have denied permission to Indian wheat consignment over phytosanitary concerns, prompting a ship to initiate its return journey on May 29, traders were quoted as saying by S&P Global Commodity Insights on Tuesday. According to S&P Global Commodity Insights report, the MV Ince Akdeniz loaded with 56,877 tonnes of durum wheat is...

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Book Review: A 'Slave Revolt' in 21st Century Uttar Pradesh -MR Narayan Swamy

-TheWire.in Laura T. Murphy's 'Azad Nagar: The Story of a 21st Century Slave Revolt' unwraps the little known powerful story of a tribal revolt in the heartland of India. Laura T. Murphy’s Azad Nagar: The Story of a 21st Century Slave Revolt is a powerful and moving story of a ‘slave revolt’ in the heartland of India that not many know about. And it did not occur in a bygone era –...

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India poised to grow at 6.4%, still fastest-growing major economy: UN report

-PTI/ The Telegraph 'In the backdrop of Ukraine war, global inflation projected to increase to 6.7% in 2022 with sharp rises in food and energy prices' As the Ukraine conflict impacts the global GDP, India is projected to grow by 6.4 per cent in 2022, slower than the last year's 8.8 per cent but still the fastest-growing major economy, with higher inflationary pressures and uneven recovery of the labour market curbing private...

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