-Reuters India's villages face a sharp spike in food prices in 2016, as a second year of drought drives up the cost of ingredients such as sugar and milk, and poor transport infrastructure stops falling global prices from reaching rural areas. India's first back-to-back drought in three decades also complicates government spending calculations as Prime Minister Narendra Modi tries to prune a subsidy regime that has long propped up the rural economy,...
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Chennai girl to be 1st transgender police officer in state -A Subramani
-The Times of India CHENNAI: Blazing a trail through intricate government and judicial process, gritty transgender K Prithika Yashini has finally realized her dream of donning the uniform of a sub-inspector of police in Tamil Nadu police department. The Madras high court on Thursday declared that she was entitled to be appointed sub-inspector of police. Calling for creation of separate category to accommodate transgenders in employment, the judges further said: "We are...
More »Why pulses are on fire: India's food math explained -Subodh Varma
-The Economic Times Where does a 12 per cent decline translate as 100 per cent increase? In the bizarre world of India's food math. Production of pulses slipped down by 12 per cent in 2014-15 compared to the previous year. As a result, prices of this essential item have zoomed up by more than 100 per cent across the country. The government is scrambling to retrieve the situation, especially because an...
More »Rains calm fears of crop loss and food inflation -Madhvi Sally
-The Economic Times NEW DELHI: The monsoon's topsy-turvy ride this season is poised to end on a positive note as heavy showers have soaked the driest regions of the country, which should calm fears of significant crop loss and food inflation. The monsoon, which is so far 15% below normal, is currently focused on regions where rainfall has been about 40% below average since June. These include parts of Maharashtra and Gujarat...
More »Inflation falls to -4.95%, spurs deflation fears, rate cut hopes -TCA Sharad Raghavan
-The Hindu Overall, industry bodies are positive about the ongoing contraction in inflation, but there is some wariness regarding deflation. Wholesale price inflation contracted for the tenth consecutive month, coming in at -4.95 per cent in August compared to -4.05 per cent in July. This follows Chief Economic Adviser Arvind Subramanian’s comments cautioning that India’s economy could be nearing deflationary territory. The data also comes two weeks before the Reserve Bank of...
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