-BusinessToday.in The July retail inflation level is in consonance with the projection and expectations of economists. India’s retail inflation moderated to 6.71 per cent in the month of July, the retail inflation is July has come down from 7.01 per cent in the month of June. Even Reuters poll of 48 economists showed inflation, as measured by the consumer price index, likely to fall to an annual 6.78 per cent in July,...
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Retail inflation falls to 6.71% for July, down from 7.01% in June
-The Telegraph In first three months of current fiscal, inflation remained above 7 per cent Retail inflation softened to 6.71 per cent in July due to moderation in food prices but remained above the Reserve Bank's comfort level of 6 per cent for the seventh consecutive month. With retail inflation continuing to remain high despite a fall in prices of vegetables and edible oils, among other commodities in July, the Reserve Bank of...
More »Centre, RBI bid to curb inflation
-The Telegraph Food prices, which account for nearly half of the consumer price index basket, softened last month The finance ministry and the Reserve Bank of India (RBI) are in discussions on the inflation trajectory amid the easing of global commodity and crude oil prices. A Reuters poll of economists forecast retail inflation at a five-month low in July at 6.78 per cent. But it is still above the RBI’s upper threshold...
More »Most small drug makers aren’t WHO-GMP certified -Priyanka Sharma
-Livemint.com The Centre has started an outreach programme for such SMEs operating in 10 locations Considering that only one-fifth of the small and medium manufacturers of bulk and API (active pharmaceutical ingredient) drugs have been certified under the World Health Organization’s good manufacturing practices, the Centre has launched an outreach programme to establish India as a best-in-class pharma hub, said an official in the know. “As of now, India has around 6,790 SMEs...
More »Amidst Outrage, Karnal Ration Distributor's Licence Suspended for 'Forcing' Sale of Tricolour
-TheWire.in Reports had emerged earlier on Wednesday that a local ration depot licence holder was withholding rations from card holders who did not buy a Rs 20 national flag from the depot. New Delhi: A ration distributor in Haryana’s Karnal district had his licence suspended on Wednesday, August 10 after he was found to be withholding rations from people who didn’t buy a Rs 20 national flag from the ration depot as...
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