WPI is dragged down by a fall in overall input costs for manufacturers on the back of favourable commodity prices. It was recorded at 4.73 per cent in January.
Analysis of govt data shows that while price of mobile data is one-twentieth of what it was 6 yrs ago, LPG price is up 73%, atta prices up by over 28%.
The government will have to do a balancing act, maintaining growth and macroeconomic stability by keeping fiscal and current account deficits within manageable limits.
The Stoxx 600 Europe Index fell more than 2%, with miners & energy firms at forefront of losses. US equity futures fell, S&P 500 contracts down about 1% after gauge shed 2.8% on Friday.
The base import tax on crude palm oil, crude soy oil and crude sunflower oil has been reduced to 2.5 per cent, the Finance Ministry said in a notification issued late Friday.
The Essential Commodities (Amendment) Act 2020 may not be so detrimental to the farmers producing surpluses. It is the consumers who may have to worry.
When lynching, hate speech and bulldozer politics do not speedily invite the wrath of courts, then something is wrong with the third pillar of governance.
While releasing 'India Employment Report 2024', V Anantha Nageswaran said govt can't solve 'all social, economic challenges'. Congress leader Kharge says CEA protecting 'dear leader'.
In an interview with Gulistan News this week, Union Home Minister Amit Shah said the government would leave law and order to J&K Police and slowly withdraw troops.
The ‘idea’ Kejriwal's politics grew around was a no-holds-barred fight against corruption. That is the reason Modi govt has now tarred him and his entire party with the same paint.
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