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Moderate inflation is a passing phase: Economists -Ishan Bakshi

-Business Standard A monsoon deficit is likely to affect the agriculture output, which could have an impact on the food inflation The sharp fall in inflation over the past few months has raised the clamour for interest rate cuts. With the Consumer Price Index (CPI) falling to 5.5 per cent in October from 6.5 per cent a month ago, which is below the central bank's target of six per cent by January...

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Against developmental fundamentalism-Ramaswamy R Iyer

-The Hindu     In the ‘development versus environment' debate, the demand is always for a compromise on environmental concerns, never for a moderation of developmental activities There is hope in the air: years of corruption, ‘policy paralysis' and a non-functioning government are gone and there is a forceful, efficient, decisive leader at the helm. However, while joining in the national mood of hope and expectation, may one add a word of caution about...

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WPI inflation eases to 5.2% in April-Vrishti Beniwal

-The Business Standard   Food articles inflation dips to 8.64% compared to 9.9% in March Wholesale Price Index-based Inflation fell by 0.5 percentage points to 5.2 per cent in April from 5.7 per cent in March, providing some relief to a new government amid other deteriorating macroeconomic numbers such as retail inflation and industrial output. All three major components of the index - food, fuel and manufactured goods - recorded moderation in inflation on...

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Agro forestry to get equal status with agriculture-Anindita Dey

-The Business Standard To get priority under CSR, new policy envisages major role for private sector The government has decided to accord agro forestry equal status with agriculture by setting up a national-level board to promote national agro forestry policy. Besides agro forestry is proposed to be treated as priority area under Corporate Social Responsibility programmes (CSR) and thus the policy envisages a major role for the private sector. To this effect a...

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Retail Inflation Slows to 9.87% in December

-Outlook Some moderation in vegetable and fruit prices eased December retail inflation to three-month low of 9.87 per cent, giving the Reserve Bank of India more leeway to manage interest rates. Inflation as measured by the Consumer Price Index (CPI) for November has been revised marginally downwards to 11.16 per cent from preliminary estimate of 11.24 per cent. Vegetable prices on annual basis rose 38.76 per cent in December, a slower pace than...

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