-Press released by Christian Aid dated 27 December, 2022 * Study identifies the year’s 10 costliest extreme events influenced by the climate crisis - each caused more than $3 billion in damage. * Report also examines 10 other extreme events that caused massive human and environmental damage, mostly in the poorest countries. * The floods that submerged parts of Pakistan in June displaced 7m people and caused more than $30 billion in estimated...

-The Telegraph Jean Dreze claims that in the case of PDS, condition of Chhattisgarh and Odisha is better than Jharkhand Jamshedpur: Economist Jean Dreze said on Friday that not even 70 per cent of public distribution system (PDS) beneficiaries in Jharkhand have been receiving foodgrains after the Covid-19 pandemic. The Belgian economist, social scientist and activist painted a dismal picture of the public distribution system in the state while addressing a workshop on...

-Deccan Herald Between 2005 and 2021, jowar, ragi and paddy lost nearly 7.77 lakh hectares (ha), 1.58 lakh ha and 44,000 ha respectively Paddy, jowar and ragi, the staple food grains of Karnataka, are slowly losing ground to commercial crops like maize, areca and cotton. Between 2005 and 2021, jowar, ragi and paddy lost nearly 7.77 lakh hectares (ha), 1.58 lakh ha and 44,000 ha respectively. The area under maize cultivation has expanded...

-Hindustan Times Retail inflation in November dipped below 6% for the first time in 11 months, beating analyst estimates, on the back of a sharp deceleration in food prices, especially of vegetables and edible oils, although a spike in cereal prices is a matter of concern. New Delhi: Retail inflation in November dipped below 6% for the first time in 11 months, beating analyst estimates, on the back of a sharp deceleration...

There is some respite expected for India in terms of prices of imported commodities. This may ease the depletion of its foreign exchange reserves. The country has faced a widening of its merchandise trade deficit from US$ -17.91 billion to US$ -26.91 billion between October 2021 and October 2022. The commodity price data provided by the World Bank in December 2022 (termed as The Pink Sheet) shows that energy prices plummeted by...