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Wheat Prices Heat up, Raising Inflation Fears - Puja Das, Ravi Dutta Mishra

Livemint Wheat prices have started climbing again despite the government launching open market operations to reain in prices of the crucial commodity due to the unseasonal rains in key what-producing states. Wheat prices had shot up by 15% in 2022 accoding to the Ministry of Consumer Affairs, Food & Public Distribution, even before the OMOs. This comes as retail inflation continues to hover above the Reserve Bank of India's upper tolerance level,...

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Latest Christian Aid report identifies top 10 climate disasters of 2022

-Press released by Christian Aid dated 27 December, 2022 * Study identifies the year’s 10 costliest extreme events influenced by the climate crisis - each caused more than $3 billion in damage. * Report also examines 10 other extreme events that caused massive human and environmental damage, mostly in the poorest countries. * The floods that submerged parts of Pakistan in June displaced 7m people and caused more than $30 billion in estimated...

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BF.7 and XBB: ‘India doing fine, masks hold little value if…’ says Dr Gagandeep Kang -Poulomi Ghosh

-Hindustan Times Virologist Dr Gagandeep Kang said India does not need restrictions but precautions but China will see a lot of infections like that of India's Second Wave. Virologist Dr Gagandeep Kang on Friday broke down the current Covid situation in India in comparison with China and said India is doing fine and won't require travel restrictions but China will see 'lots and lots of infections', similar to what India witnessed during...

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Number Theory: The state of the Indian economy in four charts -Roshan Kishore

-Hindustan Times What do the latest numbers, analyst forecasts, and high-frequency data tell us about the state of Indian economy? The National Statistical Office (NSO) released GDP numbers for the quarter ending September 2022 on November 30. GDP growth for the second quarter is 6.3%, which is exactly what the Monetary Policy Committee (MPC) of the RBI projected in its September resolution. What do the latest numbers, analyst forecasts, and high-frequency data...

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A state of denial: India's response to global reports -Dipa Sinha

-Deccan Herald As is the case with all indices that try to capture a complex reality in one single number, the GHI also suffers from a number of limitations When India was ranked 107 out of 121 countries on the Global Hunger Index (GHI), the Ministry of Women and Child Development 'rejected' the ranking, claiming there were serious methodological flaws in how the research was conducted. Time and again, the Indian government...

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