-The Hindustan Times Prices of almost all everyday products and services - from food to footwear and movie tickets to medicines - saw a sharp rise in October, pushing retail inflation to 10.09%, the highest in seven months. Costlier onions and tomatoes saw retail inflation - a measure of prices that are asked of you at a shop - cross the double-digit mark for the first time in seven months, indicating Indians...
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FAO expects more balanced food markets, less price volatility
-FAO Rome: Food commodity markets are becoming more balanced and less price volatile than in recent years thanks to improved supplies and a recovery in global inventories of cereals, according to FAO's Food Outlook report published today. "The prices for most basic food commodities have declined over the past few months. This relates to production increases and the expectation that in the current season, we will have more abundant supplies, more export...
More »Because India is on the move-Priya Deshingkar
-The Indian Express Internal migration has risen, and for good reason. Policy must shift to support internal mobility, not control it. As India undergoes the transition from a predominantly rural society to one that is urbanising rapidly, there are inevitable flows of people from rural to urban areas. One set of perspectives tells us that this increase in mobility should not be unexpected; after all, classical modernisation and economic development theories do...
More »Planning Commission calls meet on mining
-PTI Mining output fell 3.4% in April-August compared to a dip of 1.8% a year ago, due to SC ban on mining in Karnataka and Goa The Planning Commission has convened a meeting of ministries concerned next month to discuss the issues related to mining, including the ban on such activities in some states. "We have called a high-level meeting of the ministries concerned next month to discuss the issues related to mining...
More »Catch-up in industrialisation-Deepak Nayyar
-The Hindu It was the visible hand of the state rather than the invisible hand of the market that helped the developing world catch up with the industrialised countries The emerging significance of developing countries, which gathered momentum after 1980, is beginning to shift the balance of power in the world economy. It could lead to a profound transformation in the next 25 years. This unfolding reality must be situated in the...
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