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GDP conundrum -V Sridhar

-Frontline.in Recently released data from the CSO, which claimed that demonetisation had had no significant impact on the performance of the economy, raise more questions than provide answers. Official data released by the Central Statistical Organisation (CSO) on the last day of February, which claimed that the national gross domestic product (GDP) rose by 7 per cent in the October-December period, the third quarter of 2016-17, came as a morale booster...

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'Train accidents killed two every 3 days in last 8 years' -Chethan Kumar

-The Times of India BENGALURU: Investigations into 1,018 'consequential' train accidents in the past eight years —which took 1,940 lives at the rate of 2 deaths every 3 days — revealed that only 4.7% of them were caused by sabotage. A whopping 44% were caused due to failure of railway staff. Nearly 3,200 people suffered injuries in these accidents. That only 48 of these accidents (4.7%) were the result of sabotage puts the...

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Pricier food, fuel push WPI inflation to 39-month high -Surabhi

-The Hindu Retail inflation too inches up in February New Delhi: Retail and farm gate prices surged in February as food articles and fuel products became more expensive. Data released on Tuesday revealed that consumer price index (CPI) based inflation rose to a four-month high of 3.65 per cent in February this year as against 3.17 per cent in January. It was, however, much higher at 5.26 per cent in February last year. Meanwhile,...

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India must be careful:?Jobless growth can lead to social unrest

-Hindustan Times With the assembly elections over, one of the big issues which will hog public attention in the coming days is the Jat agitation. Before leaving Delhi after their protests on March 1, the Jats promised to come back on March 20 and convert the city into “Jat land”. Whether they will manage to do that or not only time will tell but the reasons for their anger --- lack...

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India's February WPI inflation firms up to 6.55% -Raj Kumar Ray

-Hindustan Times India’s wholesale price index-based inflation flared up to two-and-a-half years high of 6.55% in February from 5.25% in January mainly due to a spurt in mineral and fuel prices while food prices started rising following rapid remonetisation. The spurt in WPI inflation adds to the worries of a pent up demand after demonetisation which may prompt Reserve Bank of India to keep policy interest rates unchanged for some more months. The...

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