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Consumer price inflation surges to near-8-year high at 7.79% in April

-MoneyControl.com The CPI inflation print for April is above the consensus, with a Moneycontrol poll showing economists saw inflation rising to 7.5 percent The Reserve Bank of India's (RBI) worst fears have been realised after data showed headline retail inflation surged to 7.79 percent in April - the highest since May 2014. At 7.79 percent, the Consumer Price Index (CPI) inflation print for April is 84 basis points higher than the March number...

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Bharat fuelling retail inflation -Shishir Sinha

-The Hindu Business Line Experts attribute it to higher cost of providing goods and services and more money under schemes Retail inflation based on Consumer Price Index (CPI) for rural areas is higher than urban areas for four successive months with West Bengal, Madhya Pradesh, Telangana and Haryana recording double-digit rural retail inflation in April. These are among the 17 States that witnessed higher retail inflation in rural areas. However, in Karnataka, Kerala,...

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Revival Of Economy Should Be Topmost Priority Of World Trade Body: India

-PTI/ NDTV India told the World Trade Organization that the present situation has got a new important problem -- the increasing inflation in most of the domestic economies. New Delhi: India wants the World Trade Organisation (WTO) to play its role in containing global inflation, which is impacting most of the economies of the member countries. According to a statement by India, delivered by Ambassador and Permanent Representative to the WTO, Brajendra Navnit,...

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How to make invisible groundwater visible -KAS Mani

-Down to Earth blog Sustainable vision is key to balancing current needs and future demands March 22 is celebrated as ‘World Water Day’ every year. The United Nations Conference on Environment and Development in 1992 gave this call. Since then, this day has been celebrated globally, adopting a new theme each year. The theme chosen for 2022 was ‘Groundwater: Making the invisible visible’. The theme appealed to governments and stakeholders to diagnose current...

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All is Not Well With India's Gig Economy -Nilanjan Banik

-TheWire.in The bargain between companies and their 'employees' must become more equitable. The continuation of the Russia-Ukraine war is raising the fear of an imminent stagflation (a combination of inflation and unemployment led by a low growth). Worldwide inflation numbers are on the rise. Most sources of data are suggesting a higher inflationary regime. In March 2022, the US, the largest Economy in the world, recorded a 41-year high inflation of 8.1%....

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