Congress spokesperson Abhishek Manu Singhvi cited a viral video on social media platforms, claiming that in it Modi's voice is heard in a call with BJP rebel Kripal Parmar.
Starting today, we shall be carrying open letters written to Prime Minister Manmohan Singh by ordinary citizens of India. The issue that we want to focus on for the moment is petro price hike and the consequent inflation.
This means the already-minuscule sale of retrofitted CNG variants of Aveo, Logan, Accent, Santro, Corolla Altis and Innova is set to take a hit.
Retail inflation hit an eight-month high of 6.07 per cent in February, remaining above the RBI's comfort level for the second month in a row, while wholesale price-based inflation soared to 13.11 per cent on account of hardening of crude oil and non-food item prices, government data showed on Monday. The previous high for retail inflation was 6.26 per cent in June 2021. The consumer price index (CPI) based retail inflation, which is taken into account by the Reserve Bank of India (RBI) while deciding its monetary policy, rose mainly because of costlier food items, as per the data released by the National Statistical Office (NSO).
Opposition leaders, including Leader of the Opposition Sushma Swaraj, met Speaker Meira Kumar and said if the government does not discuss the issue tomorrow itself, they would move an adjournment motion in the House.
The government is likely to pay sugar mills Rs 4 per kg more for the sweetener it procures for distribution through ration shops, to offset the rise in prices of sugarcane over the last few years.
Bharatiya Janata Party president Nitin Gadkari on Monday held Prime Minister Manmohan Singh and Agriculture Minister Sharad Pawar responsible for the unprecedented rise in food prices in India.
"This river-like journey will persist and in this river you will not find any trace of hate or violence. There will only be love and brotherhood as this is India's history and DNA," Gandhi told the gathering.
Congress vice-president Rahul Gandhi raised the issue of rising food prices in the Lok Sabha.
The decision was taken by the Cabinet Committee on Prices, chaired by Prime Minister Manmohan Singh in New Delhi.
With a multi-tier supply chain, consumers pay up to 300% more than wholesale prices for agricultural commodities.
Petrol and diesel prices were on Wednesday hiked in seven states like West Bengal and Maharastra and that of domestic LPG in six states as state-owned oil firms recalibrated rates to reflect changes in local levies.
Petrol and diesel prices were hiked by 80 paise a litre each on Wednesday, taking the total increase in rates in 16 days to Rs 10 per litre.
The RBI governor, D Subbarao had met finance minister Pranab Mukherjee on December 18, fuelling speculation that the monetary policy would be tightened.
Already, the government has projected a dip in the production of summer foodgrain by 21 million tonnes, triggering fears about further price rise.
The correction seen in the stock markets thus far is insufficient and there are significant downside risks, given the way macroeconomic data is shaping up, a Nomura equity strategist said on Thursday. "The markets are trying to look through the current stress we see in the macros. There are potential risks to the market. "Our estimates assume no major impact on growth and earnings. "The market should have been at least 5 per cent lower than it is now.
The results of the assembly elections in Gujarat and Himachal Pradesh are likely to play out during the winter session of Parliament beginning Wednesday.
Addressing a press conference, Leader of Opposition in the Rajya Sabha Mallikarjun Kharge, leader of the Congress in the Lok Sabha Adhir Ranjan Chowdhury and the party's chief whip in the Upper House Jairam Ramesh alleged that the government is throttling the voice of the Opposition leaders to prevent them from raising issues of public importance.
Retail inflation dropped marginally to 7.01 per cent in June mainly due to slight easing in prices of vegetables and pulses, though it still remained above the Reserve Bank's comfort level for the sixth month in a row. The consumer price index (CPI) based inflation stood at 7.04 per cent in the preceding month of May and 6.26 per cent in June 2021. Inflation in the food basket in June 2022 was 7.75 per cent, compared to 7.97 per cent in the previous month, as per the National Statistical Office (NSO) data released on Tuesday.
Don't be surprised if growth in the second half of the financial year drops below 4%, which is where it was in the year before the pandemic, warns T N Ninan.
Sadananda Gowda, state BJP chief and member of Parliament, shared his thoughts on the prospects of his party in the forthcoming elections.
The United Progressive Alliance government had to face some tough questions in Rajya Sabha on Thursday. Watch all the action live!
Five-time MLA Parshottam Solanki, who is also known as 'Bhai' among his followers, has been winning Bhavnagar-Rural with a comfortable margin.
Raising slogans, members of the BRS, Left parties and some members of the Congress walked out of Lok Sabha in protest as the prime minister was speaking.
"They are attacking democracy. There is a non-stop attack on democracy and that is why we are fighting here," Gandhi said, accusing the government of not allowing debate on price rise, Lakhimpur Kheri and other issues.
Leading the Opposition attack over the Adani-Hindenburg issue in the Lok Sabha, Rahul Gandhi on Tuesday linked Gautam Adani's meteoric rise to Prime Minister Narendra Modi's coming to power and said "magic" happened after 2014 that propelled the businessman from the 609th to the second spot on the global rich list.
Former Congress president Rahul Gandhi on Sunday accused Prime Minister Narendra Modi and the Bharatiya Janata Party of weakening the country by spreading fear and hatred, and said only the Congress can unite the country and take it to the path of progress.
Speaking at the concluding day of the three-day brainstorming session, Chintan Shivir, in Udaipur, Sonia Gandhi said, "We will launch a national Kanyakumari to Kashmir Bharat Jodo Yatra beginning on Gandhi Jayanti this year. All of us will participate in it."
With assembly polls in four crucial states in mind, the government has decided not to increase prices of cooking gas and kerosene for a year.
From the 30-share pack, Infosys, Tech Mahindra, TCS, HDFC, HDFC Bank, Wipro and HCL Technologies were among the major laggards in early trade. Nifty tumbled 314.95 points to 17,160.70.
If we are panicky, if we seem to be panicky, and if we seem not to be able to tackle the problem, then you would lose.
Union Finance Minister Nirmala Sitharaman on Tuesday said the mass consumption items such as pulses, wheat, rice, flour, and curd will not attract the 5 per cent goods and services tax (GST) when sold loose, and not pre-packed or pre-labelled. The clarification came amid protests and widespread criticism by Opposition Members of Parliament over foisting GST on daily-use essentials and subsequent price rise. The all-powerful GST Council, chaired by the Union minister, had last month decided to impose GST on some mass consumption items to simplify the rate structure, which came into effect on Monday.
It was a high-stakes three-cornered fight between the BJP, Congress and Aam Aadmi Party.
Maharashtra Congress chief Nana Patole on Thursday said if actors Amitabh Bachchan and Akshay Kumar do not take a stand on the issue of fuel price hike, then screening of their films and shootings would not be allowed in the state.
Headline inflation will come down under the 6 per cent mark in July itself but will stay at an elevated level of over 5 per cent for some time, Chief Economic Advisor K V Subramanian said on Thursday. Such an outcome will get the price rise back into the upper-end of the target band given to RBI, he said, adding that consumer price inflation had breached the mark for three consecutive quarters last fiscal because of supply side issues like challenges in movement of goods. "With reasonable probability, I expect this month the (inflation) print to come less than 6 per cent," Subramanian told a conference organised by industry lobby Ficci. Right after data for May showing inflation at 6.4 per cent had come out, Subramanian said he had predicted it will cool down in internal meetings and also during "deliberations with the regulator".
Senior Congress leader Kamal Nath on Thursday claimed that the `G-23' group of Congress dissidents never demanded that a leader from outside the Gandhi family head the party.
India will need to travel back in time and seek inspiration from football greats Tulsidas Balaram and Chuni Goswami to deftly dribble around and sidestep the West-imposed price cap on exports of Russian seaborne crude oil. India depends on imported oil to meet 86 per cent of its needs, of which nearly a quarter now comes from Russia. The copious flows are roughly 10 per cent cheaper than competing suppliers helping India save billions of dollars in fuel costs.
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