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consumer price inflation surges to near-8-year high at 7.79% in April

-MoneyControl.com The CPI inflation print for April is above the consensus, with a Moneycontrol poll showing economists saw inflation rising to 7.5 percent The Reserve Bank of India's (RBI) worst fears have been realised after data showed headline retail inflation surged to 7.79 percent in April - the highest since May 2014. At 7.79 percent, the consumer Price Index (CPI) inflation print for April is 84 basis points higher than the March number...

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How to make invisible groundwater visible -KAS Mani

-Down to Earth blog Sustainable vision is key to balancing current needs and future demands March 22 is celebrated as ‘World Water Day’ every year. The United Nations Conference on Environment and Development in 1992 gave this call. Since then, this day has been celebrated globally, adopting a new theme each year. The theme chosen for 2022 was ‘Groundwater: Making the invisible visible’. The theme appealed to governments and stakeholders to diagnose current...

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Average retail price of atta up 13% from last year

-TheNewsMinute.com The Union government’s wheat procurement is set to decline by more than half to 19.5 million tonnes in the current rabi marketing year amid higher exports and likely fall in output. The average price of wheat flour in retail markets stood at Rs 32.91 per kilogram on Monday, a nearly 13% increase compared to the year-ago period, according to official data. The all-India average retail price of wheat flour or atta...

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FSSAI sides with industry, puts consumers at risk -George Cheriyan

-PolicyCircle.org The role of a food regulator is to encourage the consumption of safe, sanitised, nutritious and wholesome food and to inform consumers about the steps it takes to minimise the risks, set standards and ensure safety. The passage of Food Safety and Standards Act (FSSA) in 2006 ushered in an era of food safety in India. The FSSAI is a landmark law because it consolidated all laws related to food...

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All is Not Well With India's Gig Economy -Nilanjan Banik

-TheWire.in The bargain between companies and their 'employees' must become more equitable. The continuation of the Russia-Ukraine war is raising the fear of an imminent stagflation (a combination of inflation and unemployment led by a low growth). Worldwide inflation numbers are on the rise. Most sources of data are suggesting a higher inflationary regime. In March 2022, the US, the largest economy in the world, recorded a 41-year high inflation of 8.1%....

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