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Govt will work to further bring down inflation: Nirmala Sitharaman in Lok Sabha

-PTI/ The Telegraph Experts say a high base of last year and some easing in food prices also worked in favour of the November 2022 wholesale price index The wholesale price-based inflation fell to a 21-month low of 5.85 per cent in November as prices of food, fuel and manufactured items softened. The WPI (wholesale price index) based inflation has been on a declining trend since May and came down to single digit...

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Skewing the mustard field: The Yellow Revolution's revival needed -Dhiraj Singh

-Business Standard Claims that GM mustard will lead to increased yield are incorrect; we must focus on other solutions. India is the fifth-largest producer and also the seventh-largest importer of edible oils in the world. Though significant progress has been made in the production and yield of oilseeds in India, our annual vegetable oil import has been about $10 billion in recent years. The Ministry of Environment is allowing for genetically modified...

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Over 5 years, banks recovered just 13% of ₹10-lakh-cr loan write-off: Finmin data -Shishir Sinha

-The Hindu Business Line Banks continue to pursue recovery in written-off accounts, says FM Nirmala Sitharaman Scheduled commercial banks have recovered just 13 per cent of the total write-off in the last five years, Finance Ministry data presented in the Rajya Sabha on Tuesday showed. In response to two separate questions on the issue, the Ministry presented data on write-off and recovery. “As per inputs received from RBI, SCBs (schedule commercial bank) wrote-off an...

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India’s Foreign Trade during the Ukraine War -CP Chandrasekhar and Jayati Ghosh

-Networkideas.org The Russian invasion of Ukraine and the subsequent war sparked rapid and dramatic increases in some global trade prices, particularly for fuel products, wheat and fertilizer for which Russia and Ukraine are major exporters. It is now clear that these price changes were not due to actual changes in total supply, which remained largely unchanged (although source locations and trade routes shifted). Instead, market expectations amplified by media hype, financial...

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Fish farming turns lucrative for Chhattisgarh women, supports rural economy -R Krishna Das

-Business Standard 'We wanted to do some work to make ourselves financially strong, but due to lack of guidance, things could not materialise Raipur: Pramina never had a notion that fish, which she loves to cook, could be a good source of income for her. In her mid-thirties, the resident of Chervapara village in Baikunthpur development block of Korea district is eyeing the big catch. Overwhelmed with the initial outcome, she and her group...

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