-The Telegraph Given hospitalisation trends in the West, we may not see extreme pressures on hospitals as during second wave, say experts Indian health officials are monitoring Covid-19 hospitalisation rates in South Africa and Europe to try and predict how omicron-Fuelled surges might impact the demand for critical care beds in India. The early signals appear to uncouple deaths from infection spikes. The daily new cases in South Africa, Denmark, Norway and the...
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Wholesale inflation surges to 30-year-high at 14.23 per cent
-The Telegraph The November figures stand out vis-a-vis a modest 2.29 per cent in the same month last year Wholesale inflation spiked to a 30-year high at 14.23 per cent in November — a level that hasn’t been seen since India embraced economic liberalisation in 1991. The surge was led by a vault in the prices of food, Fuel and power, basic metals and chemical products. Inflation based on the wholesale price index (WPI)...
More »Sticky to the core
-The Hindu Business Line Besides global factors, structural inflation, which is sticky, might be setting in. The RBI should be ready November readings for wholesale and consumer price index, the first at a three decade high and the second at a more modest three-month high, are a cause for concern. They raise questions over whether the Monetary Policy Committee’s projections for retail inflation will hold. A 14.2 per cent spike in WPI...
More »Economists question Reserve Bank of India’s inflation claims -
-The Telegraph The central bank on Wednesday surprised observers when it retained its retail inflation forecast at 5.3 per cent for 2021-22 Economists have questioned the RBI’s projection that inflation will glide down to 4 per cent levels by the end of the next fiscal. They said the upward pressure on prices is likely to persist at least in the near-term on higher input costs amid supply chain bottlenecks. The RBI on Wednesday surprised...
More »Meat-climate debate is a red herring in India -Roshan Kishore
-Hindustan Times The meat-climate debate is pretty much a red herring for a country like India where meat has a minuscule presence in Indian diets There is increasing realization that meat-based diets lead to harmful emissions. Many scientific studies show the world stands to gain if people either give up or even reduce eating meat. For example, a 2019 article in the Nature journal, citing a report by the United Nation’s Intergovernmental...
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