-The Hindu Business Line Inflation has been moderating off late but RBI is unlikely to let its guard down * Has inflation peaked in India? It’s too early to conclude that inflation has peaked in India. While CPI inflation has been drifting lower since the April 2022 peak of 7.79 per cent, the decline is very gradual. The July reading of 6.71 per cent is also well above the upper limit of RBI’s...
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CPI inflation for farm, rural workers up in July
-The Hindu Business Line CPI-AL increases to 6.60 per cent, CPI-RL up to 6.82 in July Retail inflation for farm workers and rural workers rose further in July, driven by an increase in food prices. The All-India Consumer Price Index based inflation for Agricultural Labourers (CPI-AL) and Rural Labourers (CPI- RL) increased to 6.60 per cent and 6.82 per cent in July, 2022 respectively. CPI- AL was at 6.43 per cent in June this...
More »Cereal inflation likely to offset disinflationary forces, say experts -Sanjeeb Mukherjee
-Business Standard There is a possibility of a 10-15-million tonne drop in kharif rice production due to drought in several major growing states in eastern India Wheat prices in some markets have touched Rs 2,522 a quintal and cereal inflation is expected to remain sticky in the months ahead due to low wheat stocks in central granaries. Nomura India in a report said lower rice output will put pressure on domestic rice...
More »Over 11,000 crop residue management machines go missing in Punjab; vigilance probe ordered
-PTI/ The Hindu Punjab’s Agriculture Minister Kuldeep Singh Dhaliwal said according to initial investigation by the agriculture depARTment, it appears that a sum of ₹125-150 crore has been misused The Punjab government has said it has initiated a vigilance probe into a ₹150-crore scam in the distribution of crop residue management machines among farmers during the previous dispensation led by the Congress. State Agriculture Minister Kuldeep Singh Dhaliwal, in a statement on Wednesday,...
More »Amid shortage of AIDS drug, UT relies on nearby states -Naina Mishra
-The Tribune Patients being provided medicines for one month only Chandigarh: Reeling under a shortage of medicines used in the treatment of patients infected with HIV, the Chandigarh Health DepARTment is relying on other states to meet the demand. There are 231 HIV positive patients in the city, of whom six are pregnant women. The adult HIV prevalence in Chandigarh has decreased from 0.5% in 2003 to 0.25 % in 2006 and has...
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