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Monday, June 17, 2024
TopicInflation

Topic: inflation

Why India needs to return to the idea of a universal basic income

Universal basic income may be more effective in reviving demand than quantitative easing. It’s a debate worth having & India is a good place to start.

Modi govt and RBI can learn from mistakes made during 2008 crisis, but time’s running out

Lessons from the 2008 Global Financial Crisis can help us avoid policy mistakes during the Covid-19 pandemic, especially with respect to inflation & bad loans.

Why deflation is a bigger risk for the global economy than inflation

The cost of allowing prices to overshoot is nothing compared to the misery that will be inflicted if this wrenching slump is allowed to linger.

Inflation in India well above benign level, but RBI is not uncomfortable yet: Manpreet Badal

Should India go back to Keynes and start spending? Sadly, Modi govt does not have sufficient fiscal space to propel a strong enough multiplier.

Higher inflation doesn’t mean RBI’s Monetary Policy Committee should increase interest rates

With gradual resumption of supply chains, inflation may come down. Data has also been limited by the lockdown, so the MPC should wait before changing rates.

Inflation could surge to 12% if RBI starts printing money to fund govt, Rabobank says

Rabobank estimates that inflation could surge to an average of 12% in 2021 if the RBI was to finance a second stimulus package of $270 billion.

Economy showing signs of recovery but pandemic may affect business climate: Finance Ministry

Improved kharif sowing, pick-up in electricity and petrol consumption, and higher freight movement indicate green shoots in the economy, ministry report stated.

Gap in April inflation data due to lockdown sees focus shift to RBI, forecast models

The statistics office didn't publish a complete set of data for consumer and wholesale prices, saying it wasn’t able to conduct all the necessary fieldwork.

TOI, HT on surge in cases, Hindu positive on rate of infection, Covid-19 ‘spectre’ on economy

A round-up of the most important reports in major newspapers around the country – from TOI and HT, Express and The Hindu to The Telegraph, Mumbai Mirror and The Tribune, as well as top financial dailies.

Retail inflation dips to 6.58% in February from 7.59% in January

Inflation came down mainly due to easing in food inflation which came down to 10.81% in February from 13.63% in January.

On Camera

NEET is too high-risk for pen-and-paper tests. It needs a fraud-proof online process

Unless the loopholes are fixed in the NEET system, no matter how many culprits are caught and punished, new ones will continue to emerge.

Siddaramaiah defends fuel price hike amid protests by BJP — ‘don’t we need money for development?’

BJP alleges the hike will be put towards bankrolling Congress govt's 5 guarantees in Karnataka, while CM Siddaramaiah says hike is to 'increase resource mobilisation, increase income'.

India’s nuclear stockpile overtakes Pakistan’s with 2 extra warheads, China far ahead — SIPRI

Stockholm International Peace Research Institute report says there are indications India 'mating' warheads with launchers during peacetime & China arsenal has gone up to 500 warheads.

Sangh wants BJP to know it’s not dispensable. It’s a rap on the knuckles, nothing more

Occasional lovers’ tiffs have marked history of RSS-BJP relations. To think that Nagpur will bring about any change in leadership is a misreading of both its intent and its power.