-The Hindu Business Line The prices of common rice varieties in West Bengal have increased by 10-20 per cent at the miller’s end in recent weeks. Bangladesh has imported 600,000 tonnes in the last five weeks Kolkata: Panic over potential foodgrain shortfall and opportunistic trading in Bangladesh have sent the price of rice soaring on both sides of the border. Over the last three weeks, the price of common rice varieties in West...
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Petrol, diesel price rise saga explained -Abhik Deb
-The Economic Times Change in fuel price indeed has far reaching effects as its impact ranges from daily budget to macroeconomics like inflation numbers. The rise in petrol and diesel prices has been making news for the last week or so. Change in fuel price indeed has far reaching effects as its impact ranges from daily budget to macroeconomics like inflation numbers. Here is a roundup of what is happening and why...
More »Rural distress may lessen even as agriculture growth may stay flat -Sandip Das and Banikinkar Pattanayak
-The Financial Express The distress in rural India on account of a glut-induced crash in prices of farm commodities will likely alleviate soon as prices tend to look up, but statistical factors will keep farm-sector growth subdued in the short-term. A crash in prices kept growth in nominal gross value added (GVA) for the agriculture and allied sector above the expansion in real term in Q1FY18 for the first time in five...
More »Himanshu, an associate professor in economics at Delhi's Jawaharlal Nehru University, interviewed by Nitin Sethi (Scroll.in)
-Scroll.in JNU professor Himanshu says the economic slowdown is not the result of a one-off event like demonetisation, the slump began almost two years ago. The economy is in a trough. The first quarter of 2017-2018 saw the growth of gross domestic product (the total value of all goods and services produced in a country in a year) drop to 5.7% from 7.9% in the corresponding period last year – the...
More »Monthly household costs up after GST? You are not alone, 54 per cent have the same complaint -Prabhash K Dutta
-India Today After demonetisation, GST could be another headache for the government. According to a survey conducted on completion of two months of GST, 54 per cent people complained about rising monthly household costs. In a series of online surveys, conducted by a citizen grievances portal having a tie-up with the consumer affairs department of the central government, one in every two persons has reported a rise in household costs after the...
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