-The Hindu The inadequacy of monetary policy to address food-price-driven inflation has been recently flagged Globally, inflation is now the prime concern of governments, even as there is a speculation that a recession may not be far behind. In India, though, government agencies regularly announce that the country is growing at a much faster rate than most economies and presently assert that inflation is much lower. The growth performance is not so...

-Business Standard The wheat stocks in the Central pool have dropped close to the minimum required levels because of lower procurements. What does this mean for the grain's prices and production? As global wheat prices scaled record highs this year, in part due to the Russia-Ukraine war, bread-makers in India turned to multiple price increases. Today, a loaf of sliced brown bread costs Rs 50 while multi-grain bread costs Rs 65. This is...

-The Telegraph The Telegraph reports on a riverine community’s determination to save its environs Once upon a time, when my forefathers were looking for land to settle down, they found this barren sandBar and decided to make it a habitable place,” says Nani Roy, 42, a resident of Manachar. Char is the Bengali word for sandbar. Manachar is the sandBar that extends from Durgapur Barrage to Panagarh in Burdwan district. About three...

-The Telegraph The finance ministry has warned that the current account deficit will deteriorate in 2022-23 because of costlier imports and tepid exports on the merchandise account The country’s trade deficit touched an all-time high of $26.18 billion as imports expanded 57.88 per cent to $66.31 billion in June because of a doubling of oil imports and a spike in the inflow of coal, gold, electronic goods and chemicals. The finance ministry has...

-TheWire.in More than a month after this incident, Assam’s chief minister called the flooding in Silchar a “man-made” disaster. Several media outlets then added an anti-Muslim spin. While reporting on the Assam floods in June, the Indian Express stated that Silchar – southern Assam’s biggest town and the gateway to the three districts on the bank of the Barak river – had submerged in water unlike “ever before in its history.” By...