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Milk Prices to Remain Firm this Summer, RBI Governor - Economic Times

Milk prices are expected to remain high this summer due to tight demand-supply balance and high input costs, said Reserve Bank of India (RBI) Governor Shaktikanta Das at the FIRst bi-monthly monetary policy of 2023 on Thursday. “Milk prices could remain firm due to high input costs and seasonal factors,” said Das. The RBI’s observation comes a day after reports stated that the government was mulling import of dairy products this...

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New Changes to MPLADS Will Make it More Centralised and Less Inclusive - John Brittas

The Wire In a country like India where inequality is so prominent, a development scheme can come a cropper if it lacks inclusivity. The Member of Parliament Local Area Development Scheme (MPLADS) was launched in 1993 to enable parliamentarians to directly contribute towards meeting the development demands of their constituency or state. Despite many deficiencies plaguing the scheme, it stood out mainly on account of the principles of social justice and its...

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Rural Consumption Stays Sluggish; Weather poses risk to recovery - Gireesh Chandra Prasad

Livemint While India staged a double-digit rebound in household consumption in FY22 which is set to expand at over 7% this fiscal, experts point out that India’s consumption story has a weakness — rural folk tightening their belt in the face of inflation.  The silver lining is that the worst may be over, unless El Nino conditions disrupt the arrival of the rains and dampen a consumption revival, experts said. Gross domestic product...

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Oil Imports From Russia in The FIRst Nine Months of 2022-23 Are More Than 9 Times import in the previous year - Bharath Kancharla

Data indicates that the overall imports from Russia in the FIRst nine months of 2022-23 are already more than the thrice the value in the whole of 2021-22. In the case of petroleum products, this is more than 9 times.  Factly.in Factly.in, using data from the Department of Commerce's Export-Import Databank, has estimated that from April-December 2022, the total value of all imports from Russia was worth $32.82 billion, a majority of...

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In the Age of False News: a Murdered Journalist and an Unfinished Investigation in India - Forbidden Stories

In 2017, journalist Gauri Lankesh was assassinated in Bangalore days before she planned to publish an article about disinformation. Over five years later, Forbidden Stories pursued Lankesh’s work on fake news and explored new leads in her murder case Phineas Rueckert & Srishti Jaswal - Forbidden Stories Oishika Neogi - Confluence Media Prajwal Bhat - Newsminute Laura Höflinger - Der Spiegel  On September 5, 2017, as 55-year-old journalist Gauri Lankesh walked up to the entryway...

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