-The Tribune The govt must fix the maximum profit margin a refinery is allowed to make FUEL prices have been rising almost daily for more than a week now. The bumps are small, 80 paise at a time. The petrol price hike philosophy appears to have been informed by a standard marketing ploy. Keep the number below a round figure and it will look less than it really is: Just as Rs...
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Selling lemons: Prices squeeze pockets as summer demand soars -Zia Haq
-Hindustan Times A lemon inflation has taken hold, according to traders, because an unusually early summer and heatwaves have spiked demand. The crop this year was also smaller in some states, according to traders. The ‘market for lemons’ is hot. Prices of the essential summer citrus fruit have risen to unseen levels in the country, reaching up to ₹200 a kg in Rajkot on Saturday, leaving consumers angry and shocked. Traders said they...
More »Tough times ahead for aam aadmi as Ukraine war could send prices soaring in India -Aishwarya Paliwal
-IndiaToday.in The Russia-Ukraine war is likely to hit the Indian economy, resulting in rising prices, experts said. Here's what will get more expensive. Hundreds dead, buildings damaged, charred bodies on the streets. The large-scale destruction caused by Russian forces in Ukraine has left the world horrified. According to experts, the war will spell doom for the Indian economy, which will face turbulence in days to come. Moving at a snail's pace, petrol and...
More »Civil society members are unhappy with the abysmal rise in notified wage rates for MGNREGA in FY 2022-23
-Joint Press Note released by NREGA Sangharsh Morcha network and People’s Action for Employment Guarantee (PAEG) dated March 31, 2022 The wage rates for NREGA workers for FY 2022-23 were notied on 28.03.2022. The notication of the wage rate has been extremely late, with only 3 days remaining for the beginning of the next nancial year. Such a delay prevents any discussion or debate regarding the wage rates or their adequacy....
More »Soaring prices of wheat also have broad implications -Vivek Kaul
-Livemint.com Painful food inflation has stoked political unrest in many countries before and could do so again In order to understand the political and economic repercussions of Russia’s attack on Ukraine, analysts and economists have been concentrating on the rise of crude oil and natural gas prices, among other things. This isn’t surprising given that Russia is the world’s second largest exporter of oil and the largest exporter of natural gas. But...
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