Centre for Monitoring Indian Economy Sales of scooters (including electric scooters) increased by a handsome 7 per cent in April 2023. Motorcycle sales grew modestly, by 2.9 per cent, while MOPed sales fell by 7 per cent in April 2023. Total two-wheeler sales in April 2023 were 4 per cent higher than in March 2023. Scooters led the recovery in two-wheeler sales in 2022-23 with a 26 per cent jump. Its leader...

-The Telegraph Centre said it had conveyed its stand on the points raised by the two-judge bench to the secretary-general of the apex court in a letter dated July 11, 2017, but had not received any response New Delhi: The Centre has sought to blame the delays in judges’ appointments, for which the Supreme Court has repeatedly reprimanded it, on the collegium itself. The government invoked observations by a two-judge bench in 2017...

There is some respite expected for India in terms of prices of imported commodities. This may ease the depletion of its foreign exchange reserves. The country has faced a widening of its merchandise trade deficit from US$ -17.91 billion to US$ -26.91 billion between October 2021 and October 2022. The commodity price data provided by the World Bank in December 2022 (termed as The Pink Sheet) shows that energy prices plummeted by...

-Hindustan Times The MOPNG is seeking a separate category of clearance for oil and gas because if it is considered a mining activity, the environmental norms may prove to be more stringent, an official in the ministry said. The Union environment ministry is considering a proposal to delink oil and gas extraction from mining projects, as far as environmental appraisal is concerned, people familiar with the matter said. If approved, oil and gas...

-Newsclick.in The roots of the present crisis lie in wrong policies adopted over the last two decades that have undermined domestic production of fertilisers led by the public sector and increased dependence on imports and production by the private sector. Indian farmers have been facing a major crisis because of shortages in availability and an unprecedented rise in prices of fertilisers. Fertilisers are a critical input for agriculture, and a shortage in...