-The Business Standard Inflationary figures could also desist RBI from easing its monetary stance to perk up economic growth The retail price index-based inflation jumped to an all-time high of 11.24%, driven by high vegetable prices, official data showed today. The inflation stood at 10.09% in October, entering double digits for the first time in six months. The surging prices of essential commodities were an important issue in the...
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Punjab tops states in prosperity, Kerala on equity -Surojit Gupta & Sidhartha
-The Economic Times NEW DELHI: Maharashtra has the highest per capita income, but when it comes to prosperity, Punjab tops the chart while Madhya Pradesh is at the very bottom. In terms of equity, Kerala pips Punjab to the top slot, while Andhra Pradesh has the highest levels of disparity, says a new study that ranks states based on pattern of ownership of Consumer Durables. The soon-to-be released report by ratings and...
More »What's cooking in inflation numbers?-Soumya Kanti Ghosh
-The Business Standard Changing aspirations and strong rural demand could explain why core inflation may not decline fast enough Recently, the Reserve Bank of India governor exuded confidence that the Indian economy will do fairly better in the current fiscal. While it is difficult to envisage a significant turnaround, we believe interpreting the recent inflation uptick may be the key to such optimism. We also think that inflation (both wholesale and retail)...
More »Poor in villages live on Rs 17 a day, in towns on Rs 23 a day: Survey -Mahendra Singh
-The Times of India NEW DELHI: The poor in rural areas spend only Rs 17 per day while those living in cities and towns spend Rs 23 a day, a government survey has revealed. The bottom 5% of the population had an average monthly per capita expenditure of Rs 521.44 in rural areas and Rs 700.50 in urban areas, according to National Sample Survey (NSS) data for 2011-12 (July-June). The top 5% of...
More »Four walls and the cry for help -Vani S Kulkarni, Manoj K Pandey and Raghav Gaiha
-The Hindu Every hour 25 women fall victim to crimes; 11 suffer cruelty by husbands and other relatives; three are raped; and there is one dowry death. Horrific crimes against women have, in fact, continued unabated. What is worse is that there has been an acceleration of such crimes in recent years, with the annual rate rising from 5.9 per cent in 2006 to 7.8 per cent during 2006-2011. Cases of domestic...
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