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WPI inflation rises to 14.55% in March, completes one year in double-digit territory

-MoneyControl.com The rise in wholesale inflation in March to a four-month high comes after data released on April 12 showed the more closely-tracked headline retail inflation rate jumped to a 17-month high of 6.95 percent last month India's inflation based on the Wholesale Price Index (WPI) rose to a four-month high of 14.55 percent in March from 13.11 percent in February, according to data released by the commerce ministry on April 18. The...

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India's Economy Faces A Potential Stagflation Risk From Ukraine War -Sunil Prabhu

-NDTV.com The Indian economy faces a potential threat of stagflation from the ongoing Russia-Ukraine war, driven by trade disruptions and rising oil prices. The Indian economy faces a potential threat of stagflation from the ongoing Russia-Ukraine war, driven by trade disruptions and rising oil prices which will push already high inflation further up, which will hurt growth prospects. Gross Domestic Data released on Monday showed the economy slowed in the October-December quarter, even...

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Citizens ask FSSAI to stop mandatory food fortification- Warn against grave health and economic impacts in reductionist approaches to nutrition

-Press release by Alliance for Sustainable and Holistic Agriculture (ASHA Kisan Swaraj) dated 2 August, 2021 170 individuals and organizations along with the Alliance for Sustainable and Holistic Agriculture (ASHA Kisan Swaraj) have written to the FSSAI urging it to scrap its plans to make synthetic/ chemical fortification of foods mandatory in India [1]. They cited detrimental and irreversible health and socio-economic impacts such as market shifts in favor of large...

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Retail inflation soars to 6.3%, a 6-month high

-The Hindu Rural areas see sharper spurt; WPI inflation races to record 12.94% spurred by rise in fuel, edible oils Retail inflation hit a six-month high of 6.3% in May, thanks to a persistent rise in fuel and edible oil prices, which also played a part in pushing wholesale prices to a record 12.94% inflation in the month, as per data released on Monday. Consumers experienced an inflation of 11.58% for the ‘fuel...

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Criminal leaders rise during mining booms -Tauseef Shahidi

-Livemint.com A new study from India links the rise in Mineral Prices to the electoral success of politicians with violent crime records The mining sector in India has earned a bad name for itself due to its frequent links with corruption and crime. Bribes are often given away for licences and approvals, and whistleblowers risk violence. A new study has found that a boom in the mining sector can even be linked...

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