-The Telegraph Analysts said inflationary management had become challenging now amid rising risks to growth Retail inflation rose to an eight-month high of 6.07 per cent in February and remained above the RBI’s comfort level for the second month in a row. Wholesale price inflation  — the data was also released on Monday — remained in double digits at 13.11 per cent (February) for the 11th consecutive month. Analysts said inflationary management had become...

In the absence of income or expenditure-based headcount ratio, the growth in the real wages (i.e., nominal wages adjusted against retail inflation) of the manual workers is considered to be a good proxy to assess the trends in poverty. This is because the manual, unskilled/ semi-skilled labourers exist at the bottom of the pyramid or economic hierarchy, and most of them belong to the social categories Scheduled Castes (SCs) and...

-The New Indian Express As crude oil prices soar to record highs, panic buying of diesel has started in Punjab  with a 70 per cent rise in sales as compared to the same period last year. CHANDIGARH: As crude oil prices soar to record highs, panic buying of diesel has started in Punjab  with a 70 per cent rise in sales as compared to the same period last year. People fear that...

-The Telegraph We are facing angry women who shout at us saying they don’t have the money to get LPG refills, says MLA Reports of voter discontent stemming from the rising prices of essential goods and services, from food grains and cooking gas to mobile top-ups, have caused concern among BJP election managers in the five poll-bound states. Four of these states — Uttar Pradesh, Uttarakhand, Goa and Manipur — are ruled directly...

-The Telegraph The central bank on Wednesday surprised observers when it retained its retail inflation forecast at 5.3 per cent for 2021-22 Economists have questioned the RBI’s projection that inflation will glide down to 4 per cent levels by the end of the next fiscal. They said the upward pressure on prices is likely to persist at least in the near-term on higher input costs amid supply chain bottlenecks. The RBI on Wednesday surprised...