-The Times of India NEW DELHI: The Indian economy, Asia's third-largest, faces a difficult situation where growth has slowed to a decade low but price pressures have remained stubborn. It has one of the highest inflation rates in the world, and the highest in Asia. Weak growth and high inflation also complicated the policy choice for the central bank. Separate data released by the Central Statistics Office showed industrial output slumped 1.8%...
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Retail inflation refuses to ease, rises to 11.24% in Nov-Indivjal Dhasmana
-The Business Standard Inflationary figures could also desist RBI from easing its monetary stance to perk up economic growth The retail price index-based inflation jumped to an all-time high of 11.24%, driven by high vegetable prices, official data showed today. The inflation stood at 10.09% in October, entering double digits for the first time in six months. The surging prices of essential commodities were an important issue in the...
More »India a rising solar power, says world bank-Sujay Mehdudia
-The Hindu National Solar Mission instrumental in bringing down cost of power The Jawaharlal Nehru National Solar Mission Phase-1 (JNNSM) is poised to make India a global leader in the development of solar power as its green growth agenda increased the installed capacity from around 30 MW to more than 2,000 MW, a world bank report said on Thursday. What is significant is that JNNSM has been instrumental in bringing down the cost...
More »Odisha Plans 30,000 Pucca Houses Along Coastline: Min
-Outlook Bhubaneshwar: Prone to natural calamities like cyclone, flood and tsunami, Odisha government plans to construct about 30,000 pucca houses along state's coastline, besides setting up 162 cyclone and flood shelters in the coastal region. "We have plans to spend Rs 3 lakh each for 30,000 pucca houses in the coastline. The houses will be located within five km from coastline," Revenue and Disaster management minister S N Patro said in the...
More »World must sustainably produce 70 per cent more food by mid-century –UN report
-The United Nations The world will need 70 per cent more food, as measured by calories, to feed a global population of 9.6 billion in 2050, and must achieve this through improvements in the way people produce and consume, according to a report released today by the United Nations and its partners. "Over the next several decades, the world faces a grand challenge - and opportunity - at the intersection of food...
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