Above-normal rainfall likely in Sep but won't wipe deficit: IMD

Monsoon in August was almost 24 per cent below normal, which was the sixth driest August since 1901. It came on the back of a 7-per cent monsoon shortfall in July. IMAGE: Laboureres plant saplings......

Some states saw higher inflation than national average, shows data

Many individual states experienced higher inflation than the all-India figures during the financial year 2023-24 (FY24). Illustration: Dominic Xavier/Rediff.com Retail inflation figures in......

View Consumption Survey Numbers With Caution

Could the MPCE survey results be used as a basis of reconstructing the Consumer Price Index with new weights, asks Madan Sabnavis. Photograph: Francis Mascarenhas/Reuters The Survey on household......

Will legalising MSP reduce the import bill for edible oils and pulses?

The protesting farmers’ main demand to legalise the minimum support price (MSP) regime has divided opinion. Photograph: Jason Lee/Reuters One school of thought says it would lead to crop......

Govt may opt for longer-term G-sec in FY25

With India’s inclusion in global bond indices starting next financial year, the central government believes there will be greater scope for shifting to borrowings via long-term government......