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"Roll Back LPG Price Hike": NDA Ally Warns Of Waning Chances In State Polls -Himanshu Shekhar Mishra

-NDTV.com A number of state assembly polls, including in Uttar Pradesh and Punjab, are scheduled over the next few months.  New Delhi: The BJP's NDA ally Janata Dal-United (JDU) today demanded that the Centre roll back the hike announced today in LPG cylinder prices by petroleum companies. The party, which leads the coalition in Bihar, cited the financial pressure on households amid the Covid pandemic and said political rivals could use the...

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Retail inflation eased to 5.6% in July

-The Hindu Industrial output growth halves from 28.6% in May to 13.6% in June Retail inflation cooled slightly to 5.6% in July, slipping below the central bank’s upper tolerance threshold of 6% for the first time in three months, even as industrial output growth halved from 28.6% in May to 13.6% in June, as base effects from the national lockdown of 2020 begin to fade. Food prices at the consumer level played a...

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Much of India’s population expected to be vaccinated by 2022-23, says ADB -Vikas Dhoot

-The Hindu The Indian government has assured COVID-19 vaccines will be provided for all by December 2021. The Asian Development Bank (ADB) has downgraded its India growth forecast for this year to 10% on Tuesday, from 11% projected in April, citing the second wave restrictions across States and expects most of India’s population to be vaccinated by 2022-23. The Indian government has assured COVID-19 vaccines will be provided for all by December 2021,...

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India’s Covid-19 lockdown saved lives but wrecked livelihoods. Relief measures are urgently needed -Meghna Yadav, Aarushi Kalra, Kanika Sharma & Alamu R

-Scroll.in Unless the Centre and states act swiftly, the humanitarian crisis is likely to worsen. As India witnesses a record-breaking surge of Covid-19 cases, the Central and state governments have been scrambling to find appropriate responses to handle this health crisis. At a time when the healthcare system is severely strained, many state governments not surprisingly have employed public health or non-pharmaceutical interventions to control the spread of the disease. These interventions...

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Inflation remains above 6% for second month

-The Hindu  Growth impulses remained fragile, manufacturing output tanked 9.5% After touching a six-month high in May, India’s Retail inflation was virtually unchanged in June at about 6.3%, remaining out of the central bank’s comfort zone for a second month in a row. Economists expect the Reserve Bank of India (RBI) to revisit its inflation estimate of 5.1% for 2021-22 and stressed that lack of fiscal policy action to cool prices could precipitate...

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