-Hindustan Times Aligarh: “She is a very Iron lady,” says Krishna, a municipal stenographer as I wait to meet the mayor of Aligarh, the BJP’s Shakuntala Bharti on a sultry afternoon. After over an hour, clad in a bright red sari with a thick golden border, vermillion streak on forehead and sindoor all the way back in her hair, Bharti, 51, walks in with a small black pug called Blackie. Amongst the first...
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Centre to resume discussions on labour law reforms
-The Hindu New Delhi: A group of central ministers led by Finance Minister Arun Jaitley will meet on Thursday to discuss the proposed labour code on wages and the Small Factories Bill, barely two weeks after trade unions led a nationwide strike to express opposition to proposed labour reforms. “The group of ministers will meet on Thursday to discuss the proposed code on wages,” Labour Minister Bandaru Dattatreya said here on the...
More »Pulses send WPI racing to 2-year high
-The Hindu Business Line Hits 3.74% in August as potato, manufactured items get pricier New Delhi: Wholesale price inflation rose to a two-year high of 3.74 per cent in August pushed up by expensive pulses and potatoes as well as a sudden spike in prices of manufactured items. Wholesale price index (WPI) based inflation was 3.55 per cent in July and had contracted by 5.06 per cent in August last year. Previously, WPI inflation...
More »Food lifts WPI inflation to 23-month high
-The Hindu The acceleration will leave the RBI less space to cut rates Wholesale price inflation accelerated to a 23-month high of 3.6 per cent in July, driven mainly by higher food prices, according to official data.The pace of price gains as measured by the wholesale price index more than doubled in July from 1.62 per cent in June, leaving the Reserve Bank of India even less elbow room to cut benchmark...
More »Double-whammy: inflation is rising, factory output is falling
-The Hindu Business Line June IIP up, but manufacturing grows just 0.9%; retail inflation hits 6.07% in July New Delhi: A barely growing manufacturing sector and a surging inflation dealt a double-whammy to the economy. Retail inflation surged to 6.07 per cent in July, overshooting the government and central bank’s comfort zone of 5 per cent, even as manufacturing growth remained almost standstill at 0.9 per cent in June. Yet, the Index of Industrial...
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