-The Hindu Business Line Hits 3.74% in August as potato, manufactured items get pricier New Delhi: Wholesale price inflation rose to a two-year high of 3.74 per cent in August pushed up by expensive pulses and potatoes as well as a sudden spike in prices of manufactured items. Wholesale price index (WPI) based inflation was 3.55 per cent in July and had contracted by 5.06 per cent in August last year. Previously, WPI inflation...
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WPI inflation rises to 3.74% in August despite fall in food inflation -Indivjal Dhasmana
-Business Standard This was the fifth straight month of WPI inflation after continued deflation for over a year Unlike deceleration in its consumer price index (CPI) counterpart, the Wholesale price index (WPI)-based inflation rose to 3.74 per cent in August from 3.55 per cent in July. However, even then it remained lower than retail price index-based inflation at 5.05 per cent that had declined from 6.07 per cent in July. This was the...
More »Poor sanitation cost India 5.2% of its GDP -Sushmita Sengupta
-Down to Earth Lack of access to sanitation wiped off US $106.7 billion from India's GDP in 2015. It is almost half of the total global losses A report—True cost of sanitation—was published jointly by the LIXIL Group Corporation, Water Aid and Oxford Economics recently. Oxford Economics mainly works on economic forecasting and modelling. It says that in 2015 lack of access to sanitation cost the global economy around US $ 222.9...
More »China may allow imports of Indian non-basmati rice -Arun S
-The Hindu China was the largest importer of the grain in 2015-16. New Delhi: China may soon grant market access to India's non-basmati rice exports, acceding to a long-pending request from New Delhi. The Centre had repeatedly taken up the issue of the country’s ballooning goods trade deficit with China bilaterally. India had demanded market access for products including non-basmati rice, pharmaceuticals and several fruits & vegetables among others. India’s goods trade deficit with...
More »GM mustard gets all-clear in watchdog panel's study -Vishwa Mohan & Dipak K Dash
-The Hindu NEW DELHI: A technical agency of the central government has ruled the consumption of genetically modified (GM) mustard "safe for human and animal health", adding that it "does not pose any threat" to biodiversity. The environment ministry posted the report on its website on Monday, asking for comments from the public before Genetic Engineering Appraisal Committee (GEAC) takes the final decision on GM mustard. Comments can be submitted till October...
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