-The Times of India NEW DELHI: The Supreme Court on Wednesday said considerations of faster economic growth could not be the sole criterion for determining the legality of the ban it has imposed on mining activities in Goa, in remarks which immediately hiked the suspense on what it might do with the desperate pleas to allow resumption of mining which has been the mainstay of the state's economy. In a sharp rejoinder...
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WPI, CPI divergence seen in food inflation-Partha Sinha
-The Times of India Mumbai/DELHI: Has the government's statistical office erred with data collection relating to food prices, either by chance or design, for calculating the two inflation indices, Consumer Price Index (CPI) and Wholesale Price Index (WPI) for August? Else how can someone explain the fact that while food prices as shown in WPI for August exhibit a higher rate of inflation now than a year ago, food inflation as measured...
More »Onions drive inflation to six-month high at 6% in August-Somesh Jha
-The Business Standard Central bank chief Raghuram Rajan likely to retain stance later this week, say economists Inflation in onions skyrocketed to 244.62% in August against already high 119.4% in the previous month, jacking up the the rate of wholesale price rise to a six-month high of 6.10% from 5.8% in July, official data showed today. Ironically, onion prices can't be brought down by interest rate policy, but it is all set to...
More »Schemes for minorities being cornered by non-Muslims: Report -Deeptiman Tiwary
-The Times of India NEW DELHI: Even as minority politics takes centrestage in the wake of recent riots in Uttar Pradesh, a report by the Council for Social Development shows how the UPA government has failed to implement the recommendations of the Sachar Committee, with its response to Muslim deprivation at best being "cautious and minimalist". The report said most of the benefits intended for minorities were being cornered by either...
More »Communal riots deadlier in UP than in other states -Deeptiman Tiwary
-The Economic Times NEW DELHI: Communal riots in Uttar Pradesh are always deadlier than the rest of the country with more people likely to die in a communal incident in UP than in any other state. Home ministry data on communal violence across the country between 2005 and 2013 (till August) shows that in UP, one in every four incidents is fatal. The national average stands at one death for seven incidents....
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