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WPI inflation rises to 14.55% in March, completes one year in double-digit territory

-MoneyControl.com The rise in wholesale inflation in March to a four-month high comes after data released on April 12 showed the more closely-tracked headline retail inflation rate jumped to a 17-month high of 6.95 percent last month India's inflation based on the Wholesale Price Index (WPI) rose to a four-month high of 14.55 percent in March from 13.11 percent in February, according to data released by the commerce ministry on April 18. The...

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Why e-rickshaws are no big draw for Delhi drivers despite Kejriwal govt’s purchase subsidy -Sukriti Vats

-ThePrint.in While govt says subsidies have been availed on 9,558 e-rickshaws to date, data compiled by road ministry portal Vahan 4.0 has shown dip in registration of e-rickshaws since 2019. New Delhi: While electric rickshaws, or e-rickshaws, can be spotted on the streets of Delhi any given time of day, their more primitive predecessors, the three-wheeler cycle rickshaws continue to remain a prominent mode of transport, straining to keep up with the...

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Sri Lanka says it will default on its entire $51-billion external debt

-Scroll.in It has come to a point that making debt payments is impossible, the country’s central bank governor said. Crisis-hit Sri Lanka on Tuesday said it would default on its entire external debt worth $51 billion (over Rs 3.88 lakh crore) till it receives a bailout from the International Monetary Fund, AFP reported. A country’s external debt pertains to the Money borrowed by it from foreign lenders through commercial banks, governments, or international...

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Is the govt. doing enough for the Jan Aushadhi scheme?

On Janaushadhi Diwas this year (i.e., March 7th, 2022), Prime Minister Shri Narendra Modi stated that the poor and the middle-class benefited from the 'Jan Aushadhi Kendras' that were set up to provide generic drugs at affordable prices. He said that the poor and the middle class saved around Rs.13,000 crore through these stores during the COVID-19 pandemic. In the wake of COVID 19 crisis, the 'Bureau of Pharma PSUs of India'...

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Sonia Gandhi tells Centre to ensure proper allocation of Budget for MGNREGA, payment of wages within 15 days of work

-The Tribune Poor workers cannot be punished by stopping the Money, she says Congress president Sonia Gandhi on Thursday urged the BJP-led Centre to ensure proper allocation of the Budget for MGNREGA and payment of wages within 15 days of work, saying “poor workers cannot be punished by stopping the Money”. Speaking in the Lok Sabha during Zero Hour, Gandhi said, "The payment of wages should be ensured for labourers within 15 days...

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