-The Indian Express UP is truly at the crossroads: The state is uniquely poised to leverage opportunities from agriculture and build on the base laid by entrepreneurs, whether in sugar, potatoes, buffalo meat, leather or mentha oil. But, it is equally in danger of being taken back by decades, courtesy leaders with exclusivist and narrow-minded visions. Efforts to market it as an Uttam Pradesh notwithstanding, UP or Uttar Pradesh, is for...
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WPI inflation spikes to 3.18% in March on costlier food, fuel
-PTI The Wholesale Price Index (WPI) based inflation was at 2.93% in February. It was 2.74% in March 2018. Wholesale price-based inflation rose for the second consecutive month to 3.18% in March on costlier food and fuel, government data released on Monday showed. The Wholesale Price Index (WPI) based inflation was at 2.93% in February. It was 2.74% in March 2018. Inflation in food articles hardened with steep rise in prices of vegetables during...
More »Uttar Pradesh's farmers split over cane, cattle and crashing prices -Priscilla Jebaraj
-The Hindu Agrarian crisis has not dimmed Prime Minister Modi’s appeal The sugarcane farmers gathered around a tree-shaded charpoy at Bhainswala village, a few kilometres from Shamli town in western Uttar Pradesh, share a common litany of woes — late payments, high input costs, the stray cattle menace — for which most blame the policies of the BJP government. But when the discussion veers around to the Lok Sabha election, pandemonium breaks out...
More »Retail inflation eases to 18-month low in Dec.
-The Hindu Wholesale inflation at eight-month low Inflation in December eased at both the retail and wholesale levels with the consumer price index (CPI) coming in at an 18-month low and the wholesale price index (WPI) registering an eight-month low mainly due to falling Fuel prices, according to two separate releases by the government on Monday. Growth in the CPI stood at 2.19% in December, down from the 2.33% registered in November. The...
More »Agrarian, liquidity crisis weigh on India consumption story -Harsha Jethmalani and Pallavi Pengonda
-Livemint.com As we enter the new year, investors will do well to factor in a moderation in consumption demand due to the liquidity crisis and farm distress Analysts are getting increasingly wary about the outlook for consumption demand, even though investors are brushing aside these risks for now. In its 2019 India outlook, Credit Suisse said it would prefer investment-related stocks over consumption-focused ones in the coming year. The brokerage expects sharp...
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