-Newsclick.in If rise in input costs is compared with new MSP, then in real terms, MSP has been reduced for 11 out 14 Kharif crops, the leaders said. New Delhi: Terming it a “cruel joke” on farmers, farmer organisations on Thursday said that the increase in minimum support price (MSP) of 14 crops for Kharif season 2022-23 announced by the Centre merely covers the impact of inflated prices of inputs including seeds,...
More »SEARCH RESULT
Total Matching Records found : 5447
Neo-Liberalism and Anti-Inflationary Policy -Prabhat Patnaik
-NetworkIdeas.org Central banks all over the capitalist world are raising, or are about to raise, interest rates as a means of countering the currently rampant inflation, which is certain to push a world Economy that is barely recovering from the effect of the pandemic, back towards stagnation and greater unemployment. Of course the Federal Reserve Board of the US which sets the standard in this respect for all other central banks, claims...
More »Trade deficit widens to record $23.33 bn -Vikas Dhoot
-The Hindu Exports rose 15.5% in May while imports surged 56.1% to stay above $60 bn for third month India’s merchandise trade deficit widened to a monthly record of $23.33 billion in May, as exports grew 15.5% to $37.3 billion while imports jumped 56.1% to $60.62 billion, as per preliminary data from the Commerce and Industry Ministry. The previous highest monthly trade deficit was last November’s $22.91 billion. Goods exports shrank 7.2% from...
More »Turkey rejects Indian wheat consignment on phytosanitary concerns: Report
-Business Standard Turkey's decision comes at a time when international buyers have been looking to secure supplies of wheat Turkish authorities have denied permission to Indian wheat consignment over phytosanitary concerns, prompting a ship to initiate its return journey on May 29, traders were quoted as saying by S&P Global Commodity Insights on Tuesday. According to S&P Global Commodity Insights report, the MV Ince Akdeniz loaded with 56,877 tonnes of durum wheat is...
More »India's GDP growth further slows to 4.1 per cent in fourth quarter
-The Telegraph Downward revision was expected as omicron variant and start of Russia-Ukraine war hit Q4: Economist New Delhi: Growth in the fourth quarter of 2021-22 (January-March) slowed to a crawl at 4.1 per cent, reflecting just how enfeebled the Economy had become because of weakening demand and a broad-based surge in prices that sent inflation to an eight-year high at 7.79 per cent in April. The slowdown meant that the fourth quarter...
More »
