-The Indian Express Food inflation owes largely to agricultural markets being regulated by outdated laws. The RBI governor, Raghuram Rajan, has a difficult task this week. He has to decide whether to keep interest rates constant or raise them - bearing in mind the possible taper of the US Fed's bond buying programme, a decline in industrial production and a rise in inflation. The sharp increase in consumer price-based inflation, to more...
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Professor Sanjay Kumar, co-director of Lokniti at CSDS interviewed by Trithesh Nandan
-Governance Now Professor Sanjay Kumar, co-director of Lokniti, a research programme of the New Delhi-based think-tank Centre for the Study of Developing Societies and one of our leading ‘election watchers', maintains that we must not read too much in the higher voting numbers and credits the election commission for preparing more accurate voter rolls. Excerpts from an interview with Trithesh Nandan: * What do you make of the phenomenon of higher turnouts? Everybody...
More »Dalit bodies want lokpal to be more inclusive
-The Times of India NEW DELHI: A dalit rally organized by the All India Confederation of SC/ST Organizations (AICSO), an umbrella body of dalit organizations, at Jantar Mantar on Monday demanded that the Lokpal Bill be more inclusive and the institution have representation from SC, ST and OBC communities. Attended by BJP leader Nitin Gadkari and Congress leader K Raju, the rally slammed the Aam Aadmi Party (AAP) for not making its...
More »WPI inflation surges to 14-month high of 7.52% -Somesh Jha
-The Business Standard Food prices rise 19.93% year-on-year in November The wholesale price inflation continued to show an uptick in November as it casts a shadow over possibility of a rate cut by the Reserve Bank of India in its upcoming monetary policy review. The Wholesale Price Index (WPI), a measure of inflation at wholesaler's level, rose to 7.52% in November from 7% a month ago mainly due to continued rise in vegetable...
More »Inflation at 14-Month High, Food Prices Rise by 20%
-Outlook Costly vegetables, particularly potato and onion, pushed the November wholesale inflation to a 14-month high of 7.52 per cent, making it difficult for the Reserve Bank to ease key policy rate. Vegetable prices shot up by 95.25 per cent in November as compared to 78.38 per cent in the previous month, said the Wholesale Price Index (WPI) inflation data released today. The overall inflation in the food segment comprising wheat, pulses, vegetables,...
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