-Hindustan Times The fuel and energy basket sub-component has a share of 6.84% in the CPI basket. For oil and fats (edible oil) sub-category, this share is 3.56%. A simple calculation using the weighted share of these two sub-components shows that they have been a key driver of headline inflation in the past few months. India’s benchmark inflation rate, as measured by the Consumer Price Index (CPI) has been above the 6%...
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In a free fall
-The Telegraph Unlike 2013, the pressure on the rupee will endure This month, the rupee’s weakening trend has occupied our attention. Media reports have relentlessly focused on its fall to a ‘lifetime-low’ on a daily frequency. The authorities, on their part, have centred on measures to ease the mounting pressures up on the currency. Memory of the 2013‘taper tantrum’ is fresh in minds and has spurred a series of actions to prevent...
More »Traders to hold nationwide protest against hike in taxes
-The Telegraph PM Modi’s Gabbar Singh Tax is the best example of his modus operandi — talk big, and when it’s time to act, make things worse: Congress Traders and shopkeepers will hold a nationwide protest next week against a hike in taxes on a range of products, including food grains and household items, and services that kicked in from Monday. “The 5 per cent goods and services tax on a range of...
More »India’s climate imperative -Vinod Thomas
-The Hindu For public pressure to drive climate action, we need to consider climate catastrophes as largely man-made In the absence of COVID-19, climate change-induced disasters would have been India’s biggest red alert in recent years. The heatwave that scorched Rajasthan, Uttar Pradesh, Gujarat, and New Delhi this year; torrential downpours in south India in 2021; and the super cyclone Amphan that battered West Bengal and Odisha in 2020 are symbols of...
More »Have compensated 98% of endosulfan pesticide exposure victims, Kerala tells Supreme Court
-The Hindu State government says ₹5 lakh compensation for each of the over 3,700 victims had been disbursed The Kerala government on July 18 informed the Supreme Court that it has compensated 98% of the endosulfan pesticide exposure victims. Appearing before a Bench led by Justice D.Y. Chandrachud, advocate Nishe Rajen Shanker, for Kerala, said the ₹5 lakh compensation for each of the over 3,700 victims had been disbursed. Verification was going on...
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