-The Telegraph Food inflation, which accounts for nearly half the CPI basket, soared 8.60% in September 2022 as against 7.62% in August Driven by rising food prices, India's retail inflation accelerated to 7.41% in September, the fastest pace in five months, data released by the National Statistical Office (NSO) showed on Wednesday. The number stayed well above the Reserve Bank of India's (RBI) upper tolerance band for the ninth straight month. This...
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Deaths in the Gambia: Cloud over quality of Indian pharma products -PT Jyothi Datta
-The Hindu Business Line Experts say authorities will need to probe and take quick action, in the Interest of keeping the faith in medicine exports from India The death of 66 children in Gambia, potentially-linked to four cough and cold syrups made in India by Maiden Pharmaceuticals, has brought up the quality question, again. How did an allegedly contaminated product slip through the regulatory cracks, casting a long shadow on the Indian...
More »Heavy rains in India damage key crops ahead of harvest, threatening to stoke food inflation -Rajendra Jadhav
-Reuters/ThePrint.in State like UP has received 500% more rainfall than normal so far in October. Higher food prices could prompt India to slap additional restrictions on exports of food commodities. Mumbai: Heavy rainfall in India has damaged key summer-sown crops such as rice, soybean, cotton, pulses and vegetables just before harvesting, which could stoke food inflation in Asia’s third biggest economy, farmers, traders and industry officials said. Higher food prices could prompt New...
More »About 2% of state's grazing land under encroachment: Maharashtra govt tells Bombay HC -Vidya
-India Today The Maharashtra government informed the Bombay High Court that 2.23 per cent of four lakh hectares of grazing land in the state are under encroachment. In Short: * About 2.23 per cent of the total grazing land in Maharashtra is under encroachment * 24,513 encroachments have been removed from July 12, 2011 to September 15, 2022 * Bombay HC court asked the state govt what steps will it take to remove the encroachments The...
More »Through a rosy lens -Anup Sinha
-The Telegraph The airbrushing of the Indian economy is damaging The latest Monthly Economic Review from the ministry of finance gives the reader a great deal of comfort by indicating that all is well with the Indian economy. If there is any cause for concern at all, it is from external economic and political shocks: events like the Federal Reserve in the United States of America raising Interest rates, or Russia invading...
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