Friday, 27 May, 2022
TopicInflation

Topic: inflation

Modi govt’s steps to fight inflation will help, but there’s a risk of unintended consequences

The measures have been imposed to insulate the domestic market from higher international prices. But they could reduce incentives for producers to expand production in the long run.

Modi govt won’t borrow extra this year to fund tax cuts, inflation target to stay at 4%

The cut in excise duty last week, coupled with an increase in fertiliser and food subsidies, is expected to cost the exchequer around Rs 3 lakh crore in the current financial year.

Inflation in India is at its worst. The poor have no choice in the long run

Campus Voice is an initiative by ThePrint where young Indians get an opportunity to express their opinions on a prevalent issue.

Indo-Pacific Economic Framework can challenge China-led RCEP but only if it boosts trade

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Under fire for spiraling inflation, Modi govt announces excise duty cut on fuels, LPG subsidy

It has also decided to enhance the fertiliser subsidy for farmers, and reduce import duty on some raw materials. ‘It is always people first for us!’ tweets prime minister.

You’re not imagining it, Maggi to Vim bar—FMCGs are getting smaller. Shrinkflation is here

The chips, cola, detergent and namkeen you’re buying are getting more expensive. You’re just not noticing it, thanks to shrinkflation.

Why is your tadka getting more & more expensive? Blame India’s reliance on edible oil imports

Indians spending 14% more on edible oil compared to last year. Experts expect a cooldown if no shocks prevail, government says ‘situation under control’.

Inflation raised monthly expenses of 92% Indian families in last 3 months, finds survey

A LocalCircles poll found that 70% of respondents felt their monthly household budget increased by 10% while 55% expected expenses to go up by another 10% in the next 3 months.

How food prices play out in India this year will depend on global inflation and local rains

While a lot has been talked about commodities that have become expensive, not much is being talked about commodities that are selling cheaper than last year.

As inflation breaks records, Modi govt plans to counter criticism ahead of anniversary & polls

While retail inflation hit an 8-year high of 7.8% in April, wholesale inflation surged to a 9-year high of 15.08% on the back of elevated food and energy prices in the same month.

On Camera

YourTurn

Author Geetanjali Shree and translator Daisy Rockwell at Booker Prize event, London | TheBookerPrizes/Twitter

Geetanjali Shree won 1st Booker for Hindi novel. Regional authors must ask for right price now

A news article in ‘Independent’ stated that ‘Tomb Of Sand’ was the first novel in ‘Indian’ to win the award—it shows what India is still up against.
Shoppers walk through a market in the Charminar area in Hyderabad | Representational image | Bloomberg

Wider reopening from pandemic, strong demand takes India past inflation for now

RBI Governor Shaktikanta Das, who is due to lead a meeting of the policy panel next month, has signalled more tightening to keep inflation from denting household spending power.

Defence

NSA Ajit Doval with NSAs from the other countries at the meeting at Dushanbe, Tajikistan | Photo: Courtesy the NSA's office

NSA Ajit Doval pushes for ‘terror free’ Afghanistan, says India stands with Afghan people

Doval's comments came at 4th Regional Security Dialogue on Afghanistan attended by national security advisors from Tajikistan, India, Russia, Kazakhstan, Uzbekistan, Iran, Kyrgyzstan & China.

Mandir or Masjid? New surveys not needed, just acceptance of truth & move towards reconciliation

That temples were destroyed and mosques built is undisputed history. The past can’t be changed, but we can’t deny the wrongs of the past either before we consider reconciliation.
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