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Inflation at 6-month high on onions

-The Times of India NEW DELHI: The rate of inflation accelerated to a six-month high in August on the back of spiralling onion prices, posing yet another challenge for RBI ahead of the monetary policy review as it struggles to tame volatility in the foreign exchange market. Data released on Monday showed the wholesale price index (WPI) rose an annual 6.1% in August, higher than previous month's 5.79%. The inflation rate...

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Grounds far from settled-A Srivathsan

-The Hindu     The Land Act leaves plenty of room for States and the Centre to bypass it and acquire land under other laws that do not provide adequate compensation and rehabilitation The amended version of the Land Acquisition Act has been passed, but it does not entirely settle the issues of dubious takeover of land and failure to pay fair compensation. Although renamed the Right to Fair Compensation and Transparency in Land...

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One more populist initiative: drinking water at Rs.10 a litre

-PTI     Will be sold to passengers using State Express Transport Corporation buses Kicking off its latest populist initiative, the government on Sunday began selling packaged drinking water to long-distance bus commuters at a price of Rs. 10 for a litre. Branded as ‘Amma' drinking water after Chief Minister Jayalalithaa, the product will be sold to passengers using State Express Transport Corporation buses, and also retailed at bus terminuses across the state. Facility inaugurated Ms. Jayalalithaa...

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Onions drive inflation to six-month high at 6% in August-Somesh Jha

-The Business Standard Central bank chief Raghuram Rajan likely to retain stance later this week, say economists Inflation in onions skyrocketed to 244.62% in August against already high 119.4% in the previous month, jacking up the the rate of wholesale price rise to a six-month high of 6.10% from 5.8% in July, official data showed today. Ironically, onion prices can't be brought down by interest rate policy, but it is all set to...

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Vinod Raina's dream-Sreelatha Menon

-The Business Standard Realising Raina's vision would help society tide over various flaws in the education system Educationist Vinod Raina wasn't just an activist, but a link in the chain of thought on what ideal schooling should be. With Raina passing away last week, that chain is now broken. Various events last week raised questions on the link between education and society. After a child was found dead after being bullied in school,...

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