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Retail inflation inches up to 7% in August led by food price rise

-The Hindu The RBI has estimated a 7.1% inflation rate for the July to September quarter India’s retail inflation touched 7% in August, up from 6.71% in July, fuelled by a 7.62% pick-up in food prices paid by consumers, even as industrial production growth in July had dropped to the lowest level since April at just 2.4%, with output levels dropping 2.75% month-on-month.   This is the eighth successive month that retail inflation...

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Monetary Policy Alone Inadequate To Tame Inflation -Dr. Amar Patnaik

-NDTV.com At a time when Consumer Price Index (CPI) inflation has remained above RBI's upper tolerance level of 6% for seven consecutive months and the WPI inflation rates are at the highest levels since January 2007, it is good that the issue was finally discussed in parliament and the RBI's recent rate hike signals recognition of the concern. However, during the debate in the parliament, the Treasury bench largely took a...

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Deaths by suicide at their highest rate in 2021, shows NCRB data -Abhishek Jha

-Hindustan Times The fastest increase in deaths by suicide was observed among students and small entrepreneurs, much like what was observed in the 2020 edition of the reports. At 120 deaths per million population, the rate of deaths by suicide across India in 2021 soared to the highest level ever recorded, rising 6.1% from the previous year, new data from National Crime Records Bureau (NCRB) shows, highlighting the toll the pandemic appears...

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Delhi’s (and India’s) urban poor may have houses to live. But are they habitable -Anuj Behal

-Down to Earth The habitability of housing, rather than just its availability, will be an important factor in the future, given the trends in climate change The summer of 2022 has been the second-hottest since 2010, according to Delhi-based think tank, Centre for Science and Environment (CSE). The winter, monsoon and post-monsoon are also warming up. The mere availability of housing is no longer sufficient in such a scenario. It should also...

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Automation Raises Risk Of Job Loss. Upskill, Say Experts -Aprameya Rao

-NDTV.com A recent report by an international research and advisory company forecasts a grim future for the job market in the five biggest economies of Asia Pacific, including India. By 2040, the working population of these five economies -- India, China, South Korea, Australia, and Japan -- are at a higher risk of automation than North America and Europe, notes Forrester in its latest report 'Future Of Jobs Forecast, 2020 To 2040'. As...

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