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RBI's Inflation Mandate Failure Report Cannot Be Made Public, Government Tells Parliament

-ANI/ NDTV.com The government told Parliament that the RBI had submitted its report on the inflation target failure, but it cannot be made public. New Delhi: The government on Monday told Parliament that the Reserve Bank of India (RBI) had submitted its report on the breach of the inflation target for three consecutive quarters, but it cannot be made public per the provisions of the RBI Act. Union Minister of State for Finance...

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Inflation at 11-month low, eases to 5.88%

-Hindustan Times Retail inflation in November dipped below 6% for the first time in 11 months, beating analyst estimates, on the back of a sharp deceleration in food prices, especially of vegetables and edible oils, although a spike in cereal prices is a matter of concern. New Delhi: Retail inflation in November dipped below 6% for the first time in 11 months, beating analyst estimates, on the back of a sharp deceleration...

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Skewing the mustard field: The Yellow Revolution's revival needed -Dhiraj Singh

-Business Standard Claims that GM mustard will lead to increased yield are incorrect; we must focus on other solutions. India is the fifth-largest producer and also the seventh-largest importer of edible oils in the world. Though significant progress has been made in the production and yield of oilseeds in India, our annual vegetable oil import has been about $10 billion in recent years. The Ministry of Environment is allowing for genetically modified...

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75% of India’s land conflicts happen over community-owned spaces: Report -Shuchita Jha

-Down to Earth In 41% of the cases, communities allege that authorities or project proponents did not follow proper procedures for the takeover of land Disputes concerning commons land accounted for 75.94 per cent of all the existing and resolved land-related conflicts, according to a new report. The report titled Land Locked: Investments and Lives in Land Conflicts, released by Land Conflict Watch (LCW), a Delhi-based research agency, arrived at this conclusion after...

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India’s Foreign Trade during the Ukraine War -CP Chandrasekhar and Jayati Ghosh

-Networkideas.org The Russian invasion of Ukraine and the subsequent war sparked rapid and dramatic increases in some global trade prices, particularly for fuel products, wheat and fertilizer for which Russia and Ukraine are major exporters. It is now clear that these price changes were not due to actual changes in total supply, which remained largely unchanged (although source locations and trade routes shifted). Instead, market expectations amplified by media hype, financial...

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