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Oil, budget and economic sentiment -Roshan Kishore and Vineet Sachdev

-Hindustan Times Traditionally, Union budgets have mattered for people at large because of two reasons: prices of goods and income tax rates.There is some merit in the argument that inflation is a bigger dampener on economic sentiment in India than low growth rates There is some merit in the argument that inflation is a bigger dampener on economic sentiment in India than low growth rates. Traditionally, Union budgets have mattered for people...

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India’s Economic System Rigged in Favour of the Super-Rich, Says Oxfam Report -Ditsa Bhattacharya

-Newsclick.in The report points out that in India, during the pandemic the wealth of billionaires increased from Rs 23.14 lakh crore to Rs 53.16 lakh crore. At the same time, more than 4.6 crore Indians are estimated to have fallen into extreme poverty in 2020. While 84% of households in India suffered a decline in their income in a year marked by the tremendous loss of life and livelihoods, the number of...

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China's population grows by less than half-a-million in 2021; birth rate falls for 5th consecutive year

-PTI/ The New Indian Express The figure does not include Hong Kong and Macao residents and foreigners who live in the mainland's 31 provinces, autonomous regions, and municipalities, the NBS said. BEIJING: China's population grew by less than half a million-last year to 1.41 billion as the birth rates fell for the fifth consecutive year, stoking fears of a looming demographic crisis and its adverse impact on the world's 2nd largest Economy. At...

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Potato production in West Bengal likely to be impacted by delayed sowing, untimely rains -Shobha Roy

-The Hindu Business Line Supply from UP prevents price surge Potato production in West Bengal is likely to be impacted this year on the back of delayed sowing and untimely rains. Though it may be difficult to estimate the exact impact on production, experts believe that the crop is likely to be lower as compared to last year. The State had witnessed nearly 16 per cent rise in production at 110 lakh...

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