-The Times of India The inflation rate slowed to a more than three-year low of 5.96% in March on the back of softening vegetable, fruits and milk prices, brightening the prospect of an interest rate cut by RBI while bringing relief for the politically beleaguered government. Lower interest rates would provide relief to thousands of borrowers reeling under the burden of high equated monthly installments ( EMIs) on their home loans. Data released...

-The Hindu     The public transport system is the most effective way of reducing the number of vehicles as well as emissions Prime Minister Manmohan Singh recently launched the National Electric Mobility Mission Plan (NEMMP), 2020 with an ambitious goal of shifting to electric propulsion for surface transport. This would reduce our dependence on Diesel and petrol and lead to lower emission levels, including carbon-di-oxide emission, which is one of the major contributors...

-PTI About 20 per cent increase in wage inflation is building up price pressure on food articles and is posing a big challenge for RBI to cut policy rates, an industry body said today. "Near 20 per cent annual increase in the wage inflation in rural areas is building up price pressures on food articles like cereals, rice and wheat, and is posing a big challenge for the Reserve Bank which is...

-The Business Standard Team set up after movement began under Aruna roy, activist Baba Adhav 2 years ago demanding universal pension as a right for all A task force set up by the Government to look into reforms in pension for the unorganised sector has recommended universal pension for those below the poverty line, and a target of covering them in the next five years. It also recommended a slight increase in pensions...

-The Telegraph Public sector oil marketing companies yesterday raised the prices of Diesel sold to bulk consumers like the railway and defence by Rs 1.20 a litre despite protests in Parliament last week. At the same time, oil companies reduced the price of domestic non-subsidised cooking gas by Rs 38 for a 14.2 kg cylinder. Following the revision, cooking gas will be sold at Rs 933 a cylinder in Calcutta and neighbouring areas...