-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...

-Livemint.com Retail inflation decelerated sharply to 5.05% in August, while industrial production contracted by 2.4% in July, the lowest in eight months New Delhi: India’s new macroeconomic numbers, the last before the Reserve Bank of India (RBI) meets for its 4 October review of monetary policy, pose a dilemma for its new governor Urjit Patel. Retail inflation decelerated sharply to 5.05% in August, while industrial production contracted by 2.4% in July, the lowest...

-Livemint.com Small farmers reaped a bumper crop defying a drought and despite price shocks and pest-related risks New Delhi: Small farmers across India reaped a bumper crop of fruits and vegetables in 2015-16 defying a widespread drought. India’s horticulture output crossed a record 283 million tonnes, shows the third advance estimate released by the agriculture ministry on Monday. However, the story is not just about a record harvest during a drought year—primarily due...

-Livemint.com Labour unions are reinventing their strategy to stay relevant in today’s world New Delhi: Ajitesh Pandey, a law student in Calcutta University, is excited about the 2 September strike called by labour unions. With almost child-like enthusiasm, the member of the Indian National Trade Union Congress (INTUC), has been sharing pictures, slogans, and details related to the protest with his friends and colleagues. Pandey’s excitement reflects a surprising vibrancy in how unions...

-The Indian Express Government has the opportunity to rein in food inflation on a sustainable basis. In his Independence Day speech, Prime Minister Narendra Modi counted his government’s achievements. Bringing down inflation from double digits to below six per cent was emphatically mentioned as one that brought relief to the aam aadmi. Without doubt, we witnessed moderation in the overall consumer price index (CPI) and wholesale price index (WPI) levels in the past...