-Business Standard Upward trend continues after base year revision, mainly because of high food prices India's Consumer Price Index (CPI) -based inflation rose to 5.37 per cent in February, from 5.19 per cent the previous month, mainly because of high food prices. After a revision in base year in December, from 2010 to 2012, this was a third straight month to see an upward trend in the rate of retail inflation. The rate...

-The Indian Express By officially committing to inflation targeting through the signing of a monetary policy agreement between the finance ministry and the RBI, India has joined 28 other countries in explicitly fixing goals for annual increases in the consumer price index (CPI) and pinning responsibility on the central bank for achieving them. Interestingly, among the now 29 countries, India has the lowest per capita income. While there are as many as...

-Press Information Bureau/ Ministry of Finance The Economic Survey emphasizes on the need for a national common agricultural market and identifies un-integrated and distortion ridden agricultural market as the one of the most striking problems in agriculture growth. The Economic Survey suggests 3 incremental steps as possible solution, building on the Budget 2014 recognition for setting up a national market, farmers' markets and need for the Central Government and the State Government...

-The Financial Express   Prime minister Narendra Modi has done well to launch a soil health card scheme, from Suratgarh in Rajasthan, which is slated to cover 14 crore farmers in the next three years. Soil health cards are an important component of agriculture reform since they help impress upon the farmer the damage done to the soil by excess use of the heavily-subsidised urea in comparison with other fertilisers. While the...

-The Times of India NEW DELHI: In an attempt to empower consumers and save them from paying more for medicines, the government is set to make it mandatory for chemists to mention in the bill whether they are selling a price-controlled product or not. Besides, the bill will also mention the price of the medicine as capped by the government. The move will enable a consumer to make an informed choice while...