The pace of retail price rise in January 2016 is the highest since 6.46 per cent in September 2014.
The government on Monday exempted importers of pulses from stock limits, and also relaxed the norms for millers and wholesalers, in view of softening of prices of the key pulses in the country. Now, the stock limits will be applicable only on tur, urad, gram and masoor for a period up to October 31, it said. However, these entities will continue to declare their stocks on the web portal of the Department of Consumer Affairs, it added. A revised order in this regard has been notified.
'What would we feel if we found the world behaving the way it has?' 'Forced to fight our own prolonged battle; nobody from outside really demanding that the war end or actively working to make it end, and above all, a completely toothless United Nations reduced to pleading for a halt to the violence,' notes Shyam G Menon, exactly a month after Vladimir Putin ordered the invasion of Ukraine.
The former Union minister said the population debate is 'utterly misplaced' and half a century out-of-date as a large majority of Indian states have achieved replacement levels of fertility.
'It's like the BJP is mocking people: Do what you want, we'll still win.'
The wholesale price-based inflation rose for the second consecutive month in February to 4.17 per cent, as food, fuel and power prices spiked. The WPI inflation was 2.03 per cent in January and 2.26 per cent in February last year. After witnessing months of softening of prices, the food articles in February saw 1.36 per cent inflation. In January it was (-) 2.80 per cent.
Despite the Sensex's 74 per cent run-up over the past year, the Indian equity market could still reward investors if the expected revival in earnings materialises, according to market experts. Returns during the coming year are more likely to be in line with longer-term trends (the Sensex's five-year return is around 14 per cent). Several factors are expected to aid the market's performance this year.
To prevent hoarding and check price rise, the Centre on Friday imposed stock limits on all pulses, except moong, held by wholesalers, retailers, importers and millers till October. The stock limits are imposed with immediate effect. An order in this regard has been issued by the Union food and consumer affairs ministry. Retail prices of pulses rose by more than 20 per cent during the January-June period of this year, according to the ministry's data.
The teacher was kidnapped and murdered on October 8, while her body was exhumed from a school playground on October 19. Two people, including the prime accused, were arrested.
Leader of Opposition Mallikarjun Kharge and some other members sought that the bill be referred to a standing committee for scrutiny.
The government on Wednesday asked the Reserve Bank to maintain retail inflation at 4 per cent with a margin of 2 per cent on either side for another five-year period ending March 2026. To control the price rise, the government in 2016 gave a mandate to the RBI to keep the retail inflation at 4 per cent with a margin of 2 per cent on either side for a five-year period ending March 31, 2021.
Apart from SIPS and STPS, value- averaging can help investors make more money, says Devangshu Datta.
Retail inflation in pulses and products category rose to a staggering 42.20 per cent in October.
In a unique protest against fuel price hike, West Bengal Chief Minister Mamata Banerjee on Thursday rode pillion on an electric scooter to state secretariat Nabanna.
Housing sales are estimated to rise 93 per cent year-on-year during April-June across seven major cities, but may fall 58 per cent compared to the previous quarter due to the adverse impact of the second wave of COVID-19, according to property consultant Anarock. Sales are likely to be around 24,570 units across seven major cities -- Delhi-NCR, Mumbai Metropolitan Region (MMR), Chennai, Kolkata, Bengaluru, Hyderabad and Pune, Anarock said. Sales of residential properties stood at 12,740 units in April-June 2020 and 58,290 units in March quarter 2021.
The Upper House, which has seen continuous protests by the Opposition since the Monsoon session started on July 19 to press for discussions on Peagasus and farm laws, was adjourned thrice before the Chair finally adjourned it for the day.
The tumultuous Winter session of Parliament ended on Wednesday a day before schedule with proceedings in the Lok Sabha and the Rajya Sabha marred by repeated disruptions by the opposition over which the government and the Congress traded charges and the presiding officers expressed their anguish at the conduct of some MPs.
The economy is gaining traction with gradual pick up in manufacturing activity and moderation in contraction of services, spurred by comfortable liquidity conditions, an RBI article on Tuesday said. Observing that the retreat of the second wave of coronavirus pandemic has been slow, the RBI in an article on the 'State of Economy' said, the aggregate demand conditions are buoyed by the release of pent-up demand post unlock, while the supply situation is improving with the monsoon catching up to its normal levels and sowing activity gaining pace. "Reaffirming the traction that the economy is gaining, the manufacturing activity is gradually turning around, while contraction in services has moderated.
The fear of price rise gained momentum after reports surfaced that the NAFED procured 50,000 tonnes of onion this season.
"Most of the members of first Lok sabha and Rajya Sabha were all lawyers and members from the legal fraternity. Unfortunately, we know what is happening now in the Parliament with respect to debates on laws," CJI Ramana said in his address to the bar members.
He also said the governments of the Bharatiya Janata Party, the BSP and the SP that have ruled Uttar Pradesh in the last 32 years, when Congress was not in power, failed to live up to the expectations of the people and the Congress was set for a comeback in the state.
Rahul Gandhi, in turn, thanked all the leaders for reposing faith in him and said he would apply his mind on their request of becoming the Congress president, the sources said.
"You take any section of society be it Dalits, weavers or Brahmins, everybody has been exploited. The administration of Yogi Adityanath ji is working completely against the 'vichaar' (thoughts) of Guru Gorakhnath," she said at a rally, taking a swipe at the BJP leader who is also the head of the prominent Mutt in Gorakhpur named after Saint Gorakhnath.
Retail inflation rises to 4.41% in Sep on dearer food items
Kejriwal asks Centre to shun "arrogance" and scrap three farm laws as demanded by agitating farmers.
The rate of price rise in the vegetable segment almost doubled to 7.47 per cent as against 3.92 per cent in September.
"Articles 15(4) and 16(4) (dealing with provision for socially and educationally backward classes, and reservation) do not put any limit on the percentage of quota and there is no constitutional hurdle in increasing the same," Sharad Pawar said.
The non-food component in the price basket will continue to keep inflation at a high level and result in a "long pause" in interest rates, a foreign bank said on Wednesday. The central bank is likely to pare the pandemic-driven emergency response as well, the report by Singaporean lender DBS said. It can be noted that the high inflation driven by the food prices has forced the RBI to go for a status quo in rates for the three consecutive reviews of the bi-monthly policy meetings, even as growth continues to be in the negative territory.
Petrol and diesel prices on Thursday climbed to fresh highs in the country as rates were hiked by the most in recent times, even as fuel retailers said the government can cut taxes to ease consumer burden. Petrol and diesel price was hiked by 35 paise per litre each after a gap of a week, according to price notification of state-owned fuel retailers. The increase took petrol prices to a fresh high of Rs 86.65 a litre in Delhi and to Rs 93.20 in Mumbai.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances