Inflation Issues
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‘India’s growth is insufficient for the kind of jobs it needs,’ says Raghuram Rajan
On July 18, Centre had said that the economy is expected to grow at 7% – far better than developed nations.
Scroll Staff
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In India, spiralling inflation is forcing poor workers to give up on small pleasures
From vegetables and rice to cooking gas and detergent, most everyday items are becoming more expensive, pushing many to rein in their spending.
Annie Banerji, Thomson Reuters Foundation
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Inflation may ease during second half of financial year, says RBI Governor Shaktikanta Das
The price rise has stayed above the Reserve Bank of India’s 6% upper tolerance level in 2022.
Scroll Staff
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Cut imported cooking oil prices by up to Rs 10 a litre, Centre tells manufacturers
Union Food Secretary Sudhanshu Pandey said that the prices of palm oil and sunflower oil will be reduced by this step.
Scroll Staff
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Amid rising inflation, the global drive to keep food cheap is unsustainable
Focusing solely on keeping prices as low as possible, and an unrelenting push for productivity and profit, is not the way to keep the world well nourished.
Corinna Hawkes, The Conversation
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India’s finance ministry claims inflation hurts the rich more than the poor. What does data say?
Inflation is at an eight-year high. Who is suffering more?
Divyani Dubey, Factchecker.in
Video
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Watch: Bloated mobile phone battery explodes in shopkeeper’s hands as he tries to replace it
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'Never gonna give you up': British musician Rick Astley recreates his 1987 hit for insurance ad
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Caught on live TV: Man steals beachgoer’s bag in Barcelona, arrested later
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Watch: Elephant returns a child’s shoe that fell into its zoo enclosure
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Caught on camera: Criminals rob Rs 6 lakh at gunpoint from Prayagraj shop with people inside
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India’s rising inflation is making citizens hopeless about the future
Seven in 10 households have experienced a more than 10% increase in their monthly expenses in the past three months, shows a survey.
Niharika Sharma, qz.com
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RBI’s shock rate change confirms that inflation is here to stay. What does this mean for Modi?
This could hit economic growth. But Modi knows that voters won't mind as long as price rise is contained.
Shoaib Daniyal
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Raising policy rates to control inflation is not ‘anti-national activity’, says Raghuram Rajan
The Reserve Bank of India will have to increase rates like other countries, he added.
Scroll Staff
The Reel
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Rising prices are forcing Indians to switch to cheaper edible oils
Among the 21,000 respondents surveyed across the country, a large majority reported a change in their spending pattern due to inflation.
Manavi Kapur, qz.com
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Form a policy to control rising fuel prices, Mamata Banerjee urges Centre
The West Bengal chief minister also asked the Union government to clear GST arrears, which she claimed stood at Rs 90,000 crore.
Scroll Staff
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Wholesale inflation rises to 13.11% in February from 12.96% in January
The indicator of price rise in wholesale markets went up as items like mineral oils, crude petroleum and food articles became costlier.
Scroll Staff
The Field
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Deepak Chahar – ‘Can’t say if I’ll be selected for T20 WC but I’ve worked very hard on my skills’
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Indian Football: Manisha Kalyan is the first from the country to play in the Uefa Champions League
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Cincinnati Masters: Daniil Medvedev through to quarterfinal; Madison Keys upsets Iga Swiatek
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Cricket: Mohammad Siraj signed by Warwickshire for final three County Championship matches
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Zimbabwe vs India, 1st ODI: Gill, Dhawan and Chahar help India register dominating 10-wicket win