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Thursday, March 28, 2024
TopicInflation

Topic: inflation

Indian tur dal needs urgent attention. Depending on African imports stifles our market

Irregular rains in key tur growing areas of Karnataka, Madhya Pradesh and Maharashtra, and the open import policy is discouraging farmers from growing the pulse.

Covid pandemic, inflation push additional 68 million Asians into extreme poverty, says ADB

The report said that inflation in most countries soared to multi-year highs last year, driven by a rebound in economic activity and a surge in supply chain disruptions.

Finance Ministry says inflationary pressures need greater vigilance by govt and RBI

The ministry's comments come weeks after data showed retail inflation in July rose to its highest in 15 months, as vegetable and cereals prices skyrocketed.

Modi blames ‘imported inflation’ in I-Day speech, but data shows domestic veggie prices the culprit

Latest data shows vegetable inflation in India is driving food inflation, which in turn is raising the overall inflation rate. Fuel inflation, most affected by imports, is currently low.

RBI less than worried on growth front, but spikes in food & oil prices still loom

In an expected development, the Reserve Bank of India’s (RBI) Monetary Policy Committee (MPC) decided to keep the policy repo rate unchanged at 6.5...

In inflation-hit India, Domino’s offers world’s cheapest pizza at Rs 49

In Shanghai, by comparison, Domino's cheapest savoury pizza is priced about $3.80, and in San Francisco about $12, according to online menus.

Armed with basket of veggies worth ‘Rs 1,070’, Congress slams ‘Mehngai Man’ Modi over inflation

Congress attack comes as price of commercial LPG cylinders goes up by Rs 7. Party also demands scrapping of GST on essential items like flour & curd.

Inflation eased, but here’s why RBI’s unchanged policy repo rate is likely to stay for some time

While status quo on rates was expected, there was difference of opinion on stance, which was also left unchanged to focus on withdrawal of accommodation to ensure inflation aligns with 4% target.

Interest rate hikes might have slowed growth more than easing inflation, finds RBI 

RBI has hiked interest rates by 250 basis points since May 2022 to combat inflation. Study by central bank says growth might have been ‘sacrificed’ by 65 basis points due to this.

On Camera

Profit margins in lottery industry are tiny. Here’s how Future Gaming paid for its electoral bonds

Neither state govts nor companies earn large profits from lotteries. However, a look at the system shows there’s ample evidence of murky dealings and financial irregularities. 

Amid plans to lift AFSPA, Army starts joint training with Jammu & Kashmir Police

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.

For BJP, Kejriwal is an idea whose time has come to be destroyed

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.