Is India going to face inflation in cereal prices during the rest of the current financial year? Experts differ on this. An analysis by Nomura Global Economics and CEIC finds that a below normal monsoon does not always translate into high retail inflation in food. Similarly, an above normal southwest monsoon does not always bring down the rate of food inflation. However, some agricultural experts (please click here, here and...
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29 elephant poaching cases in 3 years: Centre -Shiv Sahay Singh
-The Hindu The period also saw 90 cases of seizure of tusks/ivory, Forest Ministry tells Lok Sabha In the past three years, 90 cases of seizure of elephant tusks/ivory have been reported in India along with 29 cases of poaching of elephants. The data were shared by the Ministry of Environment, Forest and Climate Change (MOEFCC) in the Lok Sabha on August 8. The highest number of cases of elephant tusk seizure...
More »Retail inflation softens to 6.71% in July, lowest since March; here's what economists say
-BusinessToday.in The July retail inflation level is in consonance with the projection and expectations of economists. India’s retail inflation moderated to 6.71 per cent in the month of July, the retail inflation is July has come down from 7.01 per cent in the month of June. Even Reuters poll of 48 economists showed inflation, as measured by the consumer price index, likely to fall to an annual 6.78 per cent in July,...
More »Retail inflation falls to 6.71% for July, down from 7.01% in June
-The Telegraph In first three months of current fiscal, inflation remained above 7 per cent Retail inflation softened to 6.71 per cent in July due to moderation in food prices but remained above the Reserve Bank's comfort level of 6 per cent for the seventh consecutive month. With retail inflation continuing to remain high despite a fall in prices of vegetables and edible oils, among other commodities in July, the Reserve Bank of...
More »India Has Come a Long Way Since 1947, But Much Still Needs to Be Done -Virginius Xaxa
-TheWire.in The need of the hour is to reorient policies built on equity, not only economic, political and social, but also ecological and environmental. India is completing the 75th year of its independence. It is a moment of celebration and, at the same time, an occasion to remember all those known and unknown who laid down their lives during a long struggle to make India free from the yoke of colonial rule. It...
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