The Assam government on Tuesday began clearing nearly 1,900 hectares of forest and government land in Sonitpur district, affecting 12,000-odd people who were allegedly staying there illegally for decades, a senior official said.
Rajya Sabha proceedings were adjourned for the day on Monday amid protests by Opposition parties over their demand to revoke the suspension of 12 members of the House.
In a double delight, retail inflation eased to a one-year low of 5.72 per cent - staying below the upper tolerance limit for two months in a row, while factory output rose sharply to 7.2 per cent on the back of healthy growth in manufacturing. The retail inflation numbers based on Consumer Price Index (CPI) will provide some room for the Reserve Bank to further moderate the quantum of hike in key interest rate or even press a pause button. The RBI has been on a rate hiking spree since May 2022 in its bid to tame inflation, having raised the repo rate by a cumulative 225 basis points (bps).
The wholesale price-based inflation eased to 15.18 per cent in June on lower prices of manufactured and fuel items, even though food articles remained costly. The Wholesale Price Index-based inflation was at a record high of 15.88 per cent last month and 12.07 per cent in June last year. The WPI inflation in June has bucked the three-month rising trend but remained in double-digit for the 15th consecutive month beginning April last year.
In the prevailing difficult circumstances, the Congress is the only party that can provide capable and decisive leadership to the country, Kharge asserted.
The Congress and JD-S have made much of Amit Shah's remarks about milk co-operatives. 'If the Opposition harps on the statement, it could add to the narrative that Gujarat was trying to take over Karnataka.'
The Congress on Monday stepped up its attack on the BJP-led Centre over the issue of price rise with Rahul Gandhi saying the biggest problems facing the country were unemployment, inflation and growing hatred.
Tightening Russian gas supplies to Europe has led to scramble for tankers before winter sets in.
Stepping up his attack on the Bharatiya Janata Party government, Congress leader Rahul Gandhi has alleged that the structures of Indian democracy are under 'brutal attack' and there is a full-scale assault on the institutions of the country.
Chairman M Venkaiah Naidu has expressed disappointment saying "obstruction is destruction of parliamentary democracy".
The colourful rally galvanised the BRS workers who shouted slogans hailing the party-led regime's welfare schemes in Telangana and peppy political songs praised Rao's 'national' emergence.
Mallikarjun Kharge on Wednesday took charge as the Congress' first non-Gandhi president in 24 years, citing Rahul Gandhi's slogan 'daro mat' to energise workers and declaring that the party will demolish the government's 'system of lies, treachery and hatred'.
Prime Minister Manmohan Singh is learnt to have asked Cabinet secretary K M Chandrasekhar to ensure that the supply of sugar, edible oil and pulses is not hampered during the ensuing Diwali and Navratra festivals.
The session will commence with the maiden address of President Droupadi Murmu to the joint sitting of both Houses of Parliament. The address essentially highlights the government's achievements and policy priorities.
Realtors' body CREDAI on Monday said the cost of construction has gone up by 20-25 per cent, mainly during the last 45 days, due to steep rise in prices of raw materials like steel, and builders will be forced to increase property prices from next month by an average 10-15 per cent. CREDAI-MCHI, the Maharashtra chapter of CREDAI, demanded that the central as well as state governments consider giving relief to the industry by reducing stamp duty and GST rates, besides allowing input tax credit (ITC) to developers. The association said it would not advise member developers to stop construction works as of now, but if the price rise continues then builders would have no option but to halt works at project sites and defer purchase of raw materials.
The Congress on Monday said the 150-day Bharat Jodo Yatra from September 7 covering 3,500 km will be the party's biggest ever 'Jan Sampark' programme and Rahul Gandhi will walk 'all the way' from Kanyakumari to Kashmir.
In 1937, a hydrogen-powered German airship flying into New Jersey caught fire and crashed, killing 35 passengers on board. It was sort of a man-made disaster as some 100 people were loaded on to a balloon filled with the most flammable material in the universe. The airship was named Hindenburg. Eight decades later, in 2017, a graduate of international business management from the University of Connecticut founded a "forensic financial research" firm to specialise in spotting wrongdoings and frauds, or what it calls man-made disasters, at companies around the globe and take market bets against them.
CII opines that a global discussion on the crisis might help building stronger information netwrorks on consumption and production so that corrective measures can be taken across the globe to avert such a crisis. It also advised to develop global food management system under Food and Agricultural Organisation.
He called on all sections of the society, especially SC/ST and other weaker sections to unite for safeguarding the Constitution and democracy.
The wholesale price-based inflation in February rose to 13.11 per cent on hardening of prices of crude oil and non-food items, even though food articles softened. After two months of mild easing, WPI inflation accelerated in February and remained in double digits for the 11th consecutive month, beginning April 2021. WPI inflation last month was 12.96 per cent, while in February last year, it was 4.83 per cent. The rise in crude oil and natural gas prices after the Russian invasion of Ukraine, beginning February 24, has put pressure on the wholesale price index, even though food articles saw softening across categories of vegetables to pulses to protein-rich items.
Some of the Congress's new-found enthusiasm for hitting the streets will show its result in the Gujarat, Himachal Pradesh, and Karnataka elections. That is when we will know if the Congress will go to the regional parties or the parties will come to the Congress.
The Congress steering committee on Friday approved several amendments to the party constitution, one of which is to give permanent membership to former prime ministers and former party presidents in the all-powerful working committee.
Onion prices may jump during the Eid festival in the UAE as the Indian government has suspended fresh exports of the commodity for a fortnight in the wake of soaring domestic prices.
Participating in the resumed discussion on the General Budget in the Rajya Sabha, Communist Party of India-Marxist leader Brinda Karat said the government is linking food inflation to higher purchasing power among the poor resulting from employment programmes like Mahatma Gandhi National Rural Employment Guarantee Scheme.
Silver shot up by Rs 660 to Rs 44,600 per kg
'Bharat Jodo Yatra' is a 'booster dose' for the Congress and a 'decisive and transformational moment' for the politics of the country, senior party leader Jairam Ramesh said in Guwahati on Friday.
Rising oil prices and firming up of global and domestic food prices are likely to have a significant impact on inflation outlook in 2011, a top RBI official said.
Prime Minister Manmohan Singh on Tuesday asked his economy A-team to make a concerted effort to tackle rising food prices.
The Prime Minister held the meeting with senior ministers, including Finance Minister Pranab Mukherjee, Home Minister P Chidambaram, and Food and Agriculture Minister Sharad Pawar.
The Reserve Bank will hold a special meeting of its rate-setting committee on November 3 to prepare a report for the government on why it failed to keep retail inflation below the target of 6 per cent for three consecutive quarters since January. The six-member Monetary Policy Committee (MPC) headed by RBI Governor Shaktikanta Das will prepare the report on reasons for failure to meet the inflation target as well as the remedial measures the central bank is taking to bring down prices in the country. "Under the provisions of Section 45ZN of the Reserve Bank of India (RBI) Act 1934... an additional meeting of the MPC is being scheduled on November 3, 2022," RBI said in a statement on Thursday.
Petrol now costs Rs 59.99 per litre as against Rs 59.03 a litre previously.
'They would not have had to impose GST on wheat, rice, buttermilk etc. if they had not toppled governments. People do not have to face inflation'
The BJP launched an all-out and aggressive personalised campaign led by Prime Minister Narendra Modi himself, but voters went by local rather than national issues.
'We actually have a problem because there may be too much activity in India.' 'Markets don't like too much concentration. But we are very happy with our collaborations in India.'
The Bharatiya Janata Party on Tuesday said it will continue to raise in both houses of Parliament the issue of diesel price hike, which is hitting the common man, but not stall proceedings.
Traders said persistent buying by jewellers and retailers to meet the festive season demand and a firming global trend as the drop to this year's low lured Chinese buyers returning from a week-long break, mainly kept gold prices higher.
The government has no plans to import wheat as it has sufficient stocks to meet the country's requirements, official sources said. The Food Corporation of India (FCI) has enough stock for public distribution, they added. "There are no plans to import wheat into India. "The country has sufficient stocks to meet our domestic requirements," a source said.
Throwing his party's weight behind the Congress to ensure an Opposition win in the 2024 Lok Sabha polls, Dravida Munnetra Kazhagam president and Tamil Nadu Chief Minister M K Stalin on Wednesday said arguments by some favouring a front without the grand old party should be rejected.
The wholesale price-based inflation rose to a four-month high of 14.55 per cent in March, mainly due to hardening of crude oil and commodity prices, even though vegetables witnessed easing of price pressures. As per the government data released on Monday, WPI inflation has remained in double digits for the 12th consecutive month beginning April 2021. The last time such a level of WPI was recorded was in November 2021, when inflation was 14.87 per cent.
Aamir Khan sings a song on price rise from Peepli Live!
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