Year-on-year method misses trends in prices, so month-to-month seasonal adjustment should be used. According to this, May-December avg inflation was 4.05%.
According to data released by the Ministry of Statistics & Programme Implementation, food inflation declined to 3.41% in December in 2020, compared to 9.5% in November.
Inflation, highest since May 2014, rose both on account of food inflation and core inflation. Economists expect a prolonged pause in rate cuts by the RBI.
Former PM Manmohan Singh had warned in November 2019 that the Indian economy was entering a stage of stagflation, with high inflation and stagnant demand.
Assam CM can’t celebrate that the Congress drew a blank in the Bodoland Territorial Council polls in 2010 as well as 2015, and bagged only one in 2020.
SEBI probe concluded that purported loans and fund transfers were paid back in full and did not amount to deceptive market practices or unreported related party transactions.
In post on social media, Cooper narrated experience of MiG-21 researcher from Germany who wanted to attend aircraft’s farewell ceremony in India, and the roadblocks he faced.
What Munir has achieved with Trump is a return to normal, ironing out the post-Abbottabad crease. The White House picture gives us insight into how Pakistan survives, occasionally thrives and thinks.
Prof.Ila Patnaik writes so lucidly, that it is a pleasure to read her articles, especially for someone not initiated in economics. The article is loaded with abundant common sense. The example of Mango prices raising at the end of the season is one such instance. Her optimistic attitude about India’s economy is very comforting for everyone who see their future tied to India’s.
The points made by author are well taken, But between RBI and govt of India departments, there must be full exchange of data for RBI to work out seasonally adjusted POP inflation numbers, though general public may not have such readily worked details.
Prof.Ila Patnaik writes so lucidly, that it is a pleasure to read her articles, especially for someone not initiated in economics. The article is loaded with abundant common sense. The example of Mango prices raising at the end of the season is one such instance. Her optimistic attitude about India’s economy is very comforting for everyone who see their future tied to India’s.
The points made by author are well taken, But between RBI and govt of India departments, there must be full exchange of data for RBI to work out seasonally adjusted POP inflation numbers, though general public may not have such readily worked details.