-Reuters Food prices for consumers accelerated to 12.03% in August from 11.53% in July India's annual Consumer Price Inflation (CPI) picked up in August to 10.03%, driven by a rise in food prices, government data showed on Tuesday. India's retail inflation is the highest among the Brics group of emerging economies - Brazil, Russia, China, and South Africa - and is way above what the Reserve Bank of India (RBI) calls its comfort...
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Retail inflation hits double digits in April
-The Times of India Spiralling prices of vegetables, oils and fats, milk and milk products pushed consumer price inflation to double digits in April in yet another hurdle to the Reserve Bank of India's efforts to ease interest rates. The double digit retail inflation rate also poses fresh challenges for the UPA government which has been on the back foot for its handling of the economy. Data released by the Central Statistics Office...
More »Dr Abhijit Sen, Member-Planning Commission of India, interviewed by Ajay Vir Jakhar and Paranjoy Guha Thakurta
Dr Abhijit Sen is Member, Planning Commission of India. He is a Ph.D. in Economics from the University of Cambridge (currently on leave as Professor of Economics at the Jawaharlal Nehru University) and has also taught at the Universities of Sussex, Oxford and Cambridge. Besides serving various think tanks in the states and at the centre, Dr Sen has been a consultant with UNDP, ILO, FAO and various other multilateral...
More »UN study shows murder rates highest in parts of Americas and Africa
-The United Nations Young men in Central and South America and Southern and Central Africa are most at risk of being killed in cases of homicide, while women face an increased likelihood of being murdered in domestic violence, the United Nations Office on Drugs and Crime (UNODC) said in a report unveiled today. Evidence points to rising homicide rates in Central America and the Caribbean, which are “near crisis point,” according to...
More »Warehouse norms may lessen food inflation by Anirudh Laskar & PR Sanjai
The proposed regulations aim to create a new countrywide infrastructure for trading of commodity-based securities in the form of electronic receipts as with equity shares on exchanges A committee under the Warehousing Development and Regulatory Authority (WDRA) has recommended regulatory changes that can effectively control prices of food items, improve lives of farmers and change the warehousing landscape in India. The proposed regulations, drafted in consultation with the capital market regulator, the...
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