-Moneycontrol.com The BSP has recorded a humiliating performance in UP once considered its bastion. Unless Mayawati initiates immediate reforms, the party will fade into oblivion The Bahujan Samaj Party (BSP) has received a drubbing in the Uttar Pradesh assembly elections. It has recorded its worst performance since inception, largely due to a bipolar contest which saw its non-core as well as some core voters shift to the Samajwadi Party (SP) and the...
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Retail inflation rises to eight-month high at 6.07 per cent
-The Telegraph Analysts said inflationary management had become challenging now amid rising risks to growth Retail inflation rose to an eight-month high of 6.07 per cent in February and remained above the RBI’s comfort level for the second month in a row. Wholesale price inflation — the data was also released on Monday — remained in double digits at 13.11 per cent (February) for the 11th consecutive month. Analysts said inflationary management had become...
More »Maggi gets costlier as Nestle, HUL hike prices of instant, tea, coffee products
-IndiaToday.in In a disappointment for Maggi, tea and coffee lovers, Nestle and Hindustan Unilever Limited (HUL) have announced rate hikes for major products. The prices of Maggi noodles, tea, coffee and milk have Been increased. In a jolt for consumers, Nestle India and Hindustan Unilever Limited (HUL) have hiked the rates of their instant, tea and coffee products, according to media reports. MAGGI PRICE * The prices of Maggi have Been increased by 9...
More »Size of rural families shrinks: Sample registration system report -Abhishek Jha
-Hindustan Times The Total Fertility Level (TFR) – defined as the number of children a woman is expected to have in her reproductive age (15-49 years) – in rural and urban India in 2019 has Been estimated to be 2.3 and 1.7 Smaller rural families and an increase in working-age population -- these are some of the findings from the latest report of the Sample Registration System (SRS; for 2019) which was...
More »RBI lifts interest cap on microfinance institutions, bans usurious rates
-Business Standard Borrower cannot be charged any amount not Been explicitly mentioned in a factsheet, says regulator. The Reserve Bank of India (RBI) on Monday released its final guidelines for microfinance loans, lifting an interest cap and allowing companies to have a board-approved policy to price for such lending. The RBI will continue checking that microfinance institutions do not charge usurious rates. The regulator said each entity has to disclose pricing related information...
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