-Outlook Costly vegetables, particularly potato and onion, pushed the November wholesale inflation to a 14-month high of 7.52 per cent, making it difficult for the Reserve Bank to ease key policy rate. Vegetable prices shot up by 95.25 per cent in November as compared to 78.38 per cent in the previous month, said the Wholesale Price Index (WPI) inflation data released today. The overall inflation in the food segment comprising wheat, pulses, vegetables,...
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Retail inflation refuses to ease, rises to 11.24% in Nov-Indivjal Dhasmana
-The Business Standard Inflationary figures could also desist RBI from easing its monetary stance to perk up economic growth The retail price index-based inflation jumped to an all-time high of 11.24%, driven by high vegetable prices, official data showed today. The inflation stood at 10.09% in October, entering double digits for the first time in six months. The surging prices of essential commodities were an important issue in the...
More »India has highest inflation rate in Asia
-The Times of India NEW DELHI: The Indian economy, Asia's third-largest, faces a difficult situation where growth has slowed to a decade low but price pressures have remained stubborn. It has one of the highest inflation rates in the world, and the highest in Asia. Weak growth and high inflation also complicated the policy choice for the central bank. Separate data released by the Central Statistics Office showed industrial output slumped 1.8%...
More »Loss and damage claims in climate justice -Sujatha Byravan and Sudhir Chella Rajan
-The Hindu Compensation or reparation for damages associated with any country's contribution to historical emissions amounts to a ‘duty to make amends' and is not an act of charity India joined nearly 140 countries in staging a walkout during the recent climate negotiations in Warsaw to oppose the attempt to avoid creating a strong institutional mechanism to address "loss and damage." In the final moments of the conference, however, some form of...
More »Risky Behaviors Constitute Growing Threats to Global Health
-The World Bank Policy Interventions Can Turn the Tide, Says World Bank Report WASHINGTON: A new World Bank report warns that risky behaviors -smoking, using illicit drugs, alcohol abuse, unhealthy diets, and unsafe sex- are increasing globally and pose a growing threat to the health of individuals, particularly in developing countries. The report looks at how individual choices that lead to these behaviors are formed and reviews the effectiveness of interventions...
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