-Business Standard The latest bout of retail inflation was caused by vegetables, but prices of these items are not as worrisome as those of pulses The latest bout of Consumer Price Index (CPI)-based inflation was caused by vegetables, but prices of these items are not as worrisome as those of pulses, which saw a slight moderation in June. Besides, inflation in cereals has been rising modestly, but if not checked this could...
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Eligible beneficiaries dropped from pension list in Rajasthan
It was a Rashomon moment for the readers of the First Common Review Mission report when they heard activists complaining about the pension system of Rajasthan during a recent press conference held in the capital. The First Common Review Mission (CRM) report, which was prepared during the month of May this year by a team of 32 experts had observed that pension related payments under the National Social Assistance Programmes (NSAP)...
More »Govt cracks the whip on price rise -Sanjeeb Mukherjee
-Business Standard In last one month, chana futures prices have risen 17.37 per cent and on Thursday it closed at Rs. 6812 per quintal on NCDEX New Delhi: The government has launched a multi-pronged drive against price rise of essential commodities with different agencies doing their bit to ensure smooth supply and action against hoarders as well as profiteers. Market regulator Securities and Exchange Board of India (Sebi) on Thursday barred launch of...
More »Centre plans to import pulses to check prices
-The Hindu Finance Minister Arun Jaitley, on Wednesday, held an inter-ministerial meeting to discuss the spiralling prices of food and carve out a strategy to cool inflation. Food Minister Ram Vilas Paswan, Agriculture Minister Radha Mohan Singh, Commerce Minister Nirmala Sitharaman and Urban Development Minister Venkaiah Naidu attended the meeting. Chief Economic Advisor Arvind Subramanian was also present. During the meeting, discussions were held to devise ways to meet the gap between demand...
More »Retail inflation inches up to 5.76 per cent in May -KR Srivats
-The Hindu Business Line New Delhi: A sharp spike in food articles inflation has led to May retail inflation inching up to 5.76 percent, weakening prospects of any RBI repo rate cut in August. This May 2016 print is higher than retail inflation of 5.01 percent in May last year and 5.47 percent in April this year. Food articles inflation jumped to 7.55 percent in May 2016 from 6.40 percent in previous month. The...
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