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Retail inflation refuses to ease, rises to 11.24% in Nov-Indivjal Dhasmana

-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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Onion cheer & tomato tears -Somesh Jha

-The Business Standard Onion prices in wholesale markets of Mumbai declined 48.6%, the steepest among the four metros, compared to October In November, onions, which stoked inflation in recent months and probably played a part in the Congress party's dismal performance in four Assembly elections, turned cheaper in four major cities - Mumbai, Delhi, Chennai and Kolkata - at both the wholesale and retail levels. However, the decline in wholesale prices was...

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How NOTA worked in the Assembly elections- Karthik Shashidhar

-Live Mint Data indicates that in the presence of a credible alternative, people are unlikely to choose NOTA The recently held Assembly elections in Chhattisgarh, Delhi, Madhya Pradesh and Rajasthan were the first where voters had the option to reject all candidates by voting for "none of the above" (NOTA). The option, however was simply hypothetical-votes marked to "none of the above" would simply be ignored while deciding the winner, and...

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NGO showcases Gujarat’s ‘other story’

-The Telegraph Kolkata: An NGO set up in response to the 2002 carnage in Gujarat has decided to carry out awareness programmes across the country in the run-up to the 2014 Lok Sabha elections to highlight the potential pitfalls of Narendra Modi becoming Prime Minister. "A dream of development is being shown to the people of India.... But that is not the reality. There is another side to the story of Gujarat,...

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Govt will not compromise on fiscal discipline: Chidambaram

-PTI Allaying fears of a spurt in public expenditure ahead of Lok Sabha polls, finance minister P Chidambaram on Wednesday said government will not compromise on fiscal discipline, notwithstanding the defeat of Congress in four states, including Delhi and Rajasthan. Inaugurating the Delhi Economic Conclave, Chidambaram blamed the states for "inaction" to check hoarding and said the incumbent government pays a price for high inflation. "The agenda, therefore, will be obvious. At the...

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