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Inflation

Retail inflation rises 2.57% in February on higher food prices

The retail inflation based on Consumer Price Index stood at 1.97 per cent in January.

Inflation based on wholesale prices fell to 10-month low of 2.76% in January

The retail inflation, released earlier this week, too fell marginally on continued decline in food prices, including vegetables and eggs.
Vegetable vendors

Wholesale inflation eases to 5.09% in July as prices of fruits and vegetables drop

The retail inflation eases to a nine-month low of 4.17 per cent in July, from 4.9 per cent in June, data shows Monday.
A cashier examines Indian rupee banknotes at the Mayuresh Watches and Traders watch and mobile phone store in the Byculla area of Mumbai

A fifth of public sector banks’ assets may go bad in a year

This cycle is unlikely to start reversing till the new bankruptcy law grows up a little.
The Reserve Bank of India is expected to raise interest rates in its meeting in June | Bloomberg

Hawks take hold in India as monetary policy looks set to tighten

If the April policy trends are anything to go by, the Reserve Bank of India is expected to lift rates at its meeting next month.
People stand in queue in front of RBI

RBI keeps policy rates unchanged, revises inflation forecast for Q3 & Q4

The repo rate remains at 6 per cent and the reverse repo rate at 5.75 per cent after improvement in growth numbers, due to inflationary pressures.

On Camera

File photo of Smriti Irani | Facebook

Smriti Irani’s makeover: From being most disliked Modi minister to dynasty slayer in Amethi

After causing the biggest upset in 2019 elections, Smriti Irani has ensured she can no longer be ignored by PM Modi and Amit Shah.
elections

Does Congress have a future in India after 2019 Lok Sabha election results?

The Congress party faced a crushing defeat in the 2019 Lok Sabha elections at the hands of Narendra Modi-led BJP.

Defence

Ministry of Defence building

On new govt’s defence agenda — 4 key projects to boost India’s military prowess

Indian Air Force and Indian Navy are in dire need of fighter jets, helicopters and submarines, and the new government has to ensure that they get them.
Prime Minister Narendra Modi in Varanasi in 2014 | Commons

Pracharak Modi: The mask you see, is the man you get

India has its first leader who is unapologetic about belonging to the social and political Right. This is how Shekhar Gupta foresaw Modi’s five years in this National Interest within three months of his victory in 2014.