-PTI WPI-based inflation in September had been the highest since April's 3.85% New Delhi: Inflation at the wholesale level rose to six-month high of 3.59 per cent in October as the prices of food articles, led by onions and vegetables, rose sharply. Inflation, based on the Wholesale Price Index (WPI), was 2.60 per cent in September. In October last year, it was 1.27 per cent. Last month's inflation was the highest since April, when it...

-The Economic Times Consumer inflation touched a seven-month high in October denting hopes of rate cut when the Reserve Bank of India reviews the monetary policy next month. Retail inflation, as measured by the consumer price index (CPI) rose to 3.58% in October from 3.28% in September, data released by the government showed. “While we expect the RBI’s March 2018 projection to be revised down a notch, but October’s CPI and the likelihood...

-Tehelka.com Learning from the recent starvation deaths in Jharkhand, the nation’s leaders must pay heed to the necessity of ensuring food security for all Food and hunger have been important issues this past month and the news has not been welcome. First it was India’s dismal rank in the Global Hunger Index (GHI) 2017 released by the International Policy Research Institute rankings — 100th among 119 countries. GHI looks at undernourishment, child...

-The Indian Express The transition from a regime of ‘downward stickiness’ to ‘upward stickiness’ has relevance beyond economic jargon. Here’s how Agricultural commodity prices in India have traditionally exhibited what economists call “downward stickiness” — resistance to any declines, while rising at the slightest demand-supply imbalance. That conventional wisdom may have been turned on its head by demonetisation. The tendency now is for prices to be increasingly “sticky upward”. The accompanying table (right)...

-The Telegraph New Delhi: A group of Indian doctors has urged the Narendra Modi government to resist any US government or industry pressure to reverse its decisions earlier this year to impose price caps on coronary stents and knee implants. The Association of Doctors for Ethical Practices (ADEH) said on Wednesday that it is hoping the Indian government will "remain firm" on its decision to cap the prices of the devices because...