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Record Profits Boost Corporate Sector in Pandemic -Subodh Varma

-Newsclick.in This is in contrast to estimated 84% of Indian families reporting decline in their earnings due to pandemic related lockdowns and restrictions. The trend was visible from last year but the scale of profits reported by listed companies after the last financial year ended in March this year is nothing short of mind-boggling. According to latest data by CMIE or Centre for Monitoring Indian Economy, companies listed at the BSE (formerly...

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Botched Nagaland Ambush: 30 Soldiers Named In State Police Chargesheet -Ratnadip Choudhury and Vishnu Som

-NDTV.com Botched Nagaland Ambush: The state police chief said their Special Investigation Team, or SIT, has given the chargesheet to court. Guwahati: Thirty Army special forces soldiers have been named in a Nagaland Police chargesheet over a botched ambush last year that killed 14 civilians. The state police chief said their Special Investigation Team, or SIT, has given the chargesheet to court. It names one Army officer and 29 jawans. The SIT alleged...

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India's economy recovered strongly despite 3 COVID-19 waves, says U.S. Treasury report

-PTI/ The Hindu “India’s acute second wave weighed heavily on growth through the middle of 2021, delaying its economic recovery” The Indian economy has rebounded strongly despite three significant COVID-19 waves, the US Treasury has said in a report to Congress. India's acute second wave weighed heavily on growth through the middle of 2021, delaying its economic recovery, the Treasury said in a semi-annual report. "However, economic activity rebounded strongly in the second half...

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14 crops and a prayer -- why Modi govt’s latest MSP increases ride a lot on hope -Sayantan Bera

-ThePrint.in The govt Wednesday raised support prices for 14 crops by 6 per cent, on an average — the highest in four years. New Delhi: India’s latest price support policy for farmers places more emphasis on keeping consumer inflation in check than reflecting the new normal of rising cultivation costs and soaring food prices following the Ukraine war, a reading of the numbers show. The Narendra Modi government Wednesday announced minimum support prices...

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MSP Revision a Betrayal of Our Movement, Covers Only Inflation Impact, Say Farmer Leaders -Ravi Kaushal

-Newsclick.in If rise in input costs is compared with new MSP, then in real terms, MSP has been reduced for 11 out 14 Kharif crops, the leaders said. New Delhi: Terming it a “cruel joke” on farmers, farmer organisations on Thursday said that the increase in minimum support price (MSP) of 14 crops for Kharif season 2022-23 announced by the Centre merely covers the impact of inflated prices of inputs including seeds,...

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