-Frontline As rural Karnataka reels under an unprecedented wave of suicides by farmers, the State administration looks on, unwilling to address the reasons that have rendered rural livelihoods fragile. DEATH stalks rural Karnataka. In the 41 days between July 1 and August 10, as many as 245 farmers committed suicide, an average of six a day; since April 1, 284 farmers have taken their lives. As a bewildered State government gropes...
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Inflation is down? Really? -Rajalakshmi Nirmal
-The Hindu Business Line The numbers may look good but the consumer’s monthly budget hasn’t eased up. Here are four reasons why the common man has no respite from inflation It’s official! Inflation is down. The wholesale price inflation has been in negative territory for the last eight months. CPI, the consumer price-based inflation, has also dropped, from 8-8.5 per cent in the beginning of 2014 to sub-5 per cent now. Inflation...
More »Veggies are cheaper, tomato cheapest but onions as costly -BB Nayak
-The Times of India MUMBAI: A glut of fresh produce has brought down vegetable prices all over the city. Prices of lady's finger and beans dropped to Rs 40 a kg from Rs 60 while that of cabbage dipped to Rs 20 from Rs 30 in the retail market. The biggest drop is seen in the price of tomatoes, which now sell at Rs 18 a kg, down from last week's Rs...
More »Veggies off the menu as prices go through roof
-The Times of India NEW DELHI: Green vegetables are fast vanishing from the dining tables in Delhi's average household because of skyrocketing prices in the market. On an average, traders say, there has been a 10%-20% increase in wholesale prices of onions, potatoes, tomatoes and green leafy vegetables in the mandis, while in retail market the increase is anywhere between 50%-150%. Metha Ram Kriplani, president, Chamber of Azadpur Fruit and Vegetable Traders, said...
More »Against the grain -Harish Damodaran
-The Indian Express By officially committing to inflation targeting through the signing of a monetary policy agreement between the finance ministry and the RBI, India has joined 28 other countries in explicitly fixing goals for annual increases in the consumer price index (CPI) and pinning responsibility on the central bank for achieving them. Interestingly, among the now 29 countries, India has the lowest per capita income. While there are as many as...
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