-PTI/The Telegraph In December 2021, the retail inflation stood at 5.66 per cent Retail inflation dipped below the RBI's upper tolerance level of 6 per cent for the first time in 11 months in November as softening prices of food items brought relief but the central bank may wait for more data before pausing hikes in interest rates. As per the data released by the National Statistical Office (NSO) on Monday, the consumer...
More »SEARCH RESULT
Medical professionals oppose govt’s initiative to introduce GM mustard -Karam Prakash
-The Tribune They view the release of the GM crop as a ‘dangerous’ exercise New Delhi: After farmers and environmentalists, medical professionals are the next to oppose the environmental clearance of the genetically-modified (GM) GM mustard – DMH 11. The medical professionals have claimed that their opposition to the GM crop has scientific underpinning. Demanding a complete ban, as many as 111 specialist doctors in the country have urged PM Modi to immediately ‘nullify’...
More »Distributors upset by FMCG cos’ practices -Suneera Tandon
-Livemint.com The issues were discussed at a national governing council meet of the All India consumer Products Distributors’ Federation (AICPDF) in New Delhi earlier this month NEW DELHI: Distributors of fast-moving consumer goods have raised concerns over some practices of packaged goods makers such as Amul, Mondelez and Tata consumer Products, which they say are leading to supply shortages, or dumping of stocks in a sluggish market. The issues were discussed at a...
More »Apparel, footwear companies monitoring inflationary trends, some may roll back price hikes
-The Hindu Business Line Players said they have begun witnessing good demand for winter products Apparel and footwear companies said they are closely monitoring inflationary trends with some even looking at rolling back price hikes on existing range or upcoming season offerings, especially at the mass-end. Players also said they have begun witnessing strong demand for winter season-related products. This comes at a time when there has been some softening in raw material...
More »Instead of Withdrawing Food Security, a Minimum Income Guarantee Is Needed -Santosh Mehrotra, Anjana Rajagopalan and Rakesh Ranjan
-TheWire.in A Minimum Income Guarantee would not just cushion exogenous shocks, but would arrest the process of vulnerability begetting vulnerability. While the worst of the pandemic is behind us, there has been a decline in general purchasing power amidst inflation. The provisional consumer Food Price Index (combined for rural and urban) for September 2022 is pegged at 8.6%, a huge increase from 0.68% for September 2021. The latest Periodic Labour Force Survey (PLFS)...
More »