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As cotton prices skyrocket, textile industry raises concern -Subramani Ra Mancombu

-The Hindu Business Line Seeks CCI intervention to procure the natural fibre; traders point to global trend The Indian textile industry has begun expressing concern over soaring cotton prices in global and domestic markets, with some even raising fears that the natural fibre is being hoarded. In a memorandum to Prime Minister Narendra Modi, Southern India Mills Association (SIMA) Chairman Ravi Sam called for steps to stabilise cotton prices, particularly when the country...

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Informal sector shrank sharply in 2020-21: SBI report -Vikas Dhoot

-The Hindu Informal workers continue to bear the brunt of pandemic’s adverse effects, says SBI report Signalling a greater shift towards formalisation of the economy, the share of the large informal sector in overall economic activity dipped sharply in 2020-21 even as informal workers continue to bear the brunt of the pandemic’s adverse effects, the SBI said in a research report. Concluding that the share of the informal economy may have shrunk to...

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Ahead of COP26, Indian database highlights emissions gap -Jacob Koshy

-The Hindu Climate Equity Monitor underlines India’s demands for climate justice being at the heart of negotiations A day ahead of the commencement of the 26th United Nations Conference of Parties (COP) in Glasgow, Scotland, India has officially endorsed a website, made by Indian climate experts, that lists the historical carbon dioxide emissions of developed countries. The database aims to highlight the disparity between the emissions of developed and developing countries with countries...

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Opinion: Judging Indian police performance by just the crime statistics is a blunder -Shailesh Gandhi

-Scroll.in Such methodology to gauge the effectiveness of policing has only resulted in underreporting of cases and institutionalising dishonesty. We are happy to blame the politicians and the government for the various shortcomings of India’s criminal justice system but are reluctant to understand certain underlying reasons for these and focus on possible solutions. Two of these problems are corruption and general unfriendly behaviour in the police department. Most citizens know how difficult it...

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Urban poor bearing the brunt of high inflation: Crisil

-The Hindu Rising fuel prices remain a festering pressure point for households The urban poor have been the worst-hit by the high inflation that has prevailed over the past one-and-a-half years, and the persistent uptick in fuel prices continues to pose a major threat for them, rating agency Crisil said in a note on Friday. While inflation shrinks purchasing power across the board, the impact on different income classes varies with their share...

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