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Wholesale Price Inflation Hits Record High Of 15.88% In May

-NDTV.com Wholesale price-based inflation rose to a record 15.88 per cent in May, it highest under the current series launched in 2012, government data showed. Wholesale price-based inflation (WPI) rose to a record 15.88 per cent in May from a year ago, its highest in the current series launched a decade ago, government data showed on Tuesday. That suggest despite a softer reading in May's retail price pressures data on Monday, it would...

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Kerala far from ‘food security’, pulses production a concern, says book

-The New Indian Express KOCHI: At a time when the state government is harping on food security, the cropped area of all food crops, including cereals, tubers, pulses, fruits and vegetables, covers only 11.03% of the total cultivated area, according to a new report. The production of pulses is another area of concern. The pulses production in the state actually declined to 1,922.94 tonnes in 2020-21 from 2,183 tonnes in 2019-20, wrote...

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Record Profits Boost Corporate Sector in Pandemic -Subodh Varma

-Newsclick.in This is in contrast to estimated 84% of Indian families reporting decline in their earnings due to pandemic related lockdowns and restrictions. The trend was visible from last year but the scale of profits reported by listed companies after the last financial year ended in March this year is nothing short of mind-boggling. According to latest data by CMIE or Centre for Monitoring Indian Economy, companies listed at the BSE (formerly...

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Why Eradicating Open Defecation Is Not the Same as Setting up New Toilets -Sujeet Kumar

-TheWire.in * India has reduced open defecation and made some progress to improve sanitation services. But its sanitation system is not yet sustainable and not yet safe. * In Tapoban Basti in Bhubaneswar, some men avoid using the toilet every day to not have to incur the cost of cleaning out the septic tank. * In a basti on the outskirts of Jaipur, a community toilet slowly ran out of water and the...

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India's economy recovered strongly despite 3 COVID-19 waves, says U.S. Treasury report

-PTI/ The Hindu “India’s acute second wave weighed heavily on growth through the middle of 2021, delaying its economic recovery” The Indian economy has rebounded strongly despite three significant COVID-19 waves, the US Treasury has said in a report to Congress. India's acute second wave weighed heavily on growth through the middle of 2021, delaying its economic recovery, the Treasury said in a semi-annual report. "However, economic activity rebounded strongly in the second half...

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