-The Hindu The inadequacy of monetary policy to address food-price-driven inflation has been recently flagged Globally, inflation is now the prime concern of governments, even as there is a Speculation that a recession may not be far behind. In India, though, government agencies regularly announce that the country is growing at a much faster rate than most economies and presently assert that inflation is much lower. The growth performance is not so...

-The Telegraph Unlike 2013, the pressure on the rupee will endure This month, the rupee’s weakening trend has occupied our attention. Media reports have relentlessly focused on its fall to a ‘lifetime-low’ on a daily frequency. The authorities, on their part, have centred on measures to ease the mounting pressures up on the currency. Memory of the 2013‘taper tantrum’ is fresh in minds and has spurred a series of actions to prevent...

-Newsclick.in Trade unions fear that the four Labour Codes will dilute workers’ rights, but union leaders also note that many deadlines for the implementation of the codes have been missed by the Centre in the past. New Delhi: India’s Central Trade Unions (CTUs) say they will continue opposing the codification of labour legislations, fearing it will dilute the “hard-won” rights of the workers, even as media reports speculate the implementation of the...

-Hindustan Times The announcement came hours after 17 opposition parties decided to field former BJP leader Yashwant Sinha, currently with the Trinamool Congress, as its consensus candidate, after its first three choices demurred. Droupadi Murmu, the former governor of Jharkhand, will be the National Democratic Alliance’s (NDA) nominee for the July 18 Presidential election, and most likely the next President of the Republic. The decision to nominate her was taken at the...

-PTI/ NDTV.com Global food crisis: At the high-level meeting, India spoke about the issue of the wheat export ban for the first time in the UN since its May 13 announcement. United Nations: Calling out the West, India on Wednesday said that food grains should not go the way of the Covid-19 vaccines as it voiced concern over hoarding and discrimination amid the "unjustified increase" in food prices. It stressed that its decision...