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Crude oil not the only problem, more than 80% of India’s sunflower oil imports are from Ukraine -Samrat Sharma

-IndiaToday.in Russia-Ukraine war news updates: The attack on Ukraine has jolted the oil market around the world as well as in India. The dark clouds over edible oil imports in India have come at a time when the retail prices of edible oil are already plateauing. Russia’s invasion of Ukraine has jolted the crude oil market around the world and that is poised to raise petrol and diesel prices in India as...

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Rural Distress Makes India Inc. Call for Higher MGNREGA Allocation -Rabindra Nath Sinha

-Newsclick.in By doing so, the corporate sector seems to have cautioned the government against expecting a fast rebound in industrial activity, as there is sizeable idle capacity in the absence of consumption demand. Kolkata: Rural stress and funds for the rural job guarantee scheme were surprise additions in the organised corporate sector’s listed points for the post-Budget interaction with the Union government held on February 5 under the aegis of the Confederation...

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Retail Inflation at 6.01% in January, Hits 7-Month High -Aparna Deb

-News18.com The RBI has been mandated by the government to keep retail inflation at 4 per cent with a margin of 2 per cent on either side  India’s retail inflation increased to 6.01 per cent in the month of January, driven by higher consumer goods and telecom prices along with a comparatively low rate a year ago, data released by the Ministry of Statistics and Programme Implementation on Monday indicated. Inflation, as...

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What will be India’s GDP in 2022-’23? The government and RBI have given three answers in 11 days -Rajrishi Singhal

-Scroll.in/ Qz.com While the economic survey and Budget estimate the growth in the coming fiscal year to be 8%-8.5% and 6.6% respectively, RBI forecasts it to be 7.8%. Indians have enjoyed an ever-expanding array of choices for consumer goods over the past couple of decades. In this season of cheer and goodwill, they now have the pleasure of even selecting a version of India’s growth perspectives, depending on the risks playing out. Three...

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56 crore ration card portability transactions since launch of ONORC -Dilasha Seth

-Livemint.com From the large volume of portability transactions under ONORC, it is evident that the beneficiaries are leveraging the facility of ration portability to access their NFSA as well as PMGKAY foodgrains from any FPS of their choice, without being dependent on the tagged ration shop in the ration card, Union Minister Ashwini Kumar Choubey said About 56 crore ration card portability transactions have taken place till January 31, since the launch...

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