-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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Government Agency Meant to Ensure Transparency Refuses to Share Information -Gaurav Vivek Bhatnagar
-TheWire.in The Department of Personnel and Training, responsible for implementing the RTI, has claimed it is exempt from sharing details on the appointment of information commissioners. New Delhi: When it comes to transparency, it seems the Narendra Modi government is moving in reverse. The Department of Personnel and Training, the nodal agency responsible for effectively implementing the Right to Information (RTI) Act, has refused to share details on the appointment of information...
More »What you can do with Re 1 in India -Basant Kumar Mohanty
-The Telegraph New Delhi: The Centre has raised wages under the rural job guarantee scheme - by the princely sum of one rupee a day in many states. The increase is the lowest in the 11-year history of the Mahatma Gandhi National Rural Employment Guarantee Act, and leaves its wage rates in 11 states stuck far below their minimum wages, set by the state governments. The eastern states are the worst hit. As...
More »Retail inflation cools to 5-year low of 3.2% in January
-The Times of India NEW DELHI: Retail inflation cooled to five-year low in January on the back of sliding vegetable and food prices but the lurking price pressure may prompt the Reserve Bank of India (RBI) to maintain a wait-and-watch policy on interest rate for now. Data released by the Central Statistics Office (CSO) on Monday showed inflation, as measured by the consumer price index (CPI), rose 3.2% in January, slower than...
More »Arun Jaitley demonetises cash ban criticism, says 'no currency inadequacy for even a day' -Abantika Ghosh
-The Indian Express He said the RBI board had “independently applied its mind” to send the relevant recommendation to the government. THERE WAS never any shortage of currency in the aftermath of the decision to demonetise high-value currency, Finance Minister Arun Jaitley told the Rajya Sabha on Tuesday while answering a clutch of questions on the issue. “At no point of time, not for a single day, was the currency inadequate. As...
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