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World Bank's New Warning On Sri Lanka Amid Severe Food Price Inflation

-Asian News International/ NDTV.com Sri Lanka Economic Crisis: This comes as food price inflation remains at a multiyear high in South Asian countries including Pakistan. Colombo: Sri Lanka is ranked fifth among the 10 countries with the highest food price inflation in the world, according to the latest World Bank assessment. In its Food Security update, the World Bank said trade policy actions on food and fertilizers have surged since the beginning of...

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Are Loan Waivers Not 'Freebies' to Corporates, Asks DMK In Application Before SC

-TheWire.in In an application seeking to implead itself in the 'freebies' petition, the party said in its first three years, the Narendra Modi government wrote off loans worth Rs 72,000 crore of the Adani Group. New Delhi: The Dravida Munnetra Kazhagam (DMK), the ruling party of Tamil Nadu, said the petition on “freebies” is politically motivated and asked if the BJP-led Union government’s move to waive off loans of companies is not...

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The Jute Press -Chandrima S Bhattacharya

-The Telegraph After decades, Bengal’s jute mills are witnessing a steady influx of women workers, The Telegraph on the troubles woven into the trend When an industry opens its doors to women workers, it can expose how regressive its factory floor is. The face of the jute industry in Bengal has changed over the last 50 years; now more than ever because of the large presence of women.  Once these mills were known...

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For paddy crop, Haryana govt puts Ban on 10 insecticides for 60 days -Parveen Arora

-The Tribune Karnal: The state government has Banned the sale, stock, distribution and use of 10 insecticides for 60 days. These insecticides are mostly used for basmati paddy. The “residual effect” of these insecticides sometimes leads to the rejection of export consignments of basmati rice. The Banned insecticides include Acephate, Buprofezin, Carbendazim, Chlorpyriphos, Methamidophos, Propiconazole, Thiamethoxam, Tricylazole, Profenophos and Isoprothiolance. Last week, the Punjab Government had imposed a similar Ban on 10 insecticides. The...

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RBI Bulletin: A big Bang approach to PSB privatisation may do more harm than good

-Moneycontrol.com The study also suggests that market confidence tends to be in favour of PSBs in terms of crisis. The latest Reserve Bank of India (RBI) bulletin published on August 18 suggests that a big Bang approach to privatisation of government-owned Banks may do more harm than good. A paper published in the bulletin analyses various pros and cons of privatisation and identifies how an emerging economy like India may face more challenges...

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