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Is food inflation round the corner? -Harish Damodaran & Parthasarathi Biswas

-The Indian Express First, it was low prices and, now, with soaring input costs, farmers may cut back on sowings Nashik/ New Delhi: During much of the current government’s tenure, Indian farmers have suffered from poor crop realisations, partly due to the crash in global agri-commodity prices after around April 2014 and aggravated by demonetisation and GST (goods and services tax) that have depressed sentiment in predominantly cash-based produce markets. One indicator...

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Richest 10% of Indians own over 3/4th of wealth in India -Manas Chakravarty

-Livemint.com While wealth has been rising in India, not everyone has shared in this growth. There is still considerable wealth poverty, says Credit Suisse’s India wealth report The richest 10% of Indians own 77.4% of the country’s wealth, says Credit Suisse in their 2018 Global Wealth Report. The bottom 60%, the majority of the population, own 4.7%. The richest 1% own 51.5% (chart 1 above). And it’s not some bleeding-heart NGO that’s...

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Forex reserves fall most since 2011 -Kartik Goyal

-Livemint.com/ Bloomberg Foreign exchange reserves dropped by $5.14 billion in the seven days ended October 12, the biggest weekly decline since November 2011, as the RBI stepped up action to prop up the rupee Mumbai: India made the biggest dent in its foreign exchange reserves in seven years as the central bank stepped up action to prop up Asia’s worst-performing currency. Reserves dropped by $5.14 billion in the seven days ended October 12,...

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Time women farmers got a better deal -Purvi Mehta

-The Hindu Business Line They account for a third of the agricultural workforce, but don’t get the benefits and opportunities the menfolk enjoy India celebrated its first Women Farmer’s Day on October 15, but the word farmer or kisan is still seen as being synonymous with a male farm worker. This perception is built on two assumptions — first, farming is a masculine profession; and, second, when women are involved in farm...

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How have house prices changed in your city? -Varun B Krishnan

-The Hindu Housing prices have increased in the first quarter of 2018-19 compared to the same period in 2017-18, according to the Reserve Bank of India's latest House price Index (HPI) release. HPI is an indicator of change in housing prices. This means that if the HPI has increased, house prices have increased on an average, and vice versa. It takes into account the average price of houses per square metre, size...

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