October CPI-based inflation: India's food inflation dropped sharply in October, falling to -5.02 per cent from -2.28 per cent in September
Leader of the Opposition in the Kerala assembly, V D Satheesan claimed on Thursday that the government's move to form a cabinet sub-committee to examine the PM SHRI scheme after signing its MoU was an attempt to "deceive" the ruling LDF constituent CPI. He argued that the committee should have been formed beforehand. Satheesan was referring to the CPI(M)-led Left government's decision a day ago to put on hold the implementation of the Pradhan Mantri Schools for Rising India (PM SHRI) scheme after facing stiff resistance from its ally, the Communist Party of India (CPI). The government has also decided to constitute a seven-member cabinet sub-committee to study the implementation of the scheme, Chief Minister Pinarayi Vijayan had said on Wednesday. Satheesan claimed that the CPI(M) was "deceiving" its coalition partner, the CPI, by such decisions. "Forming a cabinet sub-committee to study the scheme and its implementation should have been done before signing the Memorandum of ...
CPI(ML) Liberation general secretary Dipankar Bhattacharya has charged the Nitish Kumar government in Bihar with serving its people a cocktail of crime, corruption and communalism, the three Cs on which the Chief Minister had promised not to compromise. In an interview with PTI here, the Left leader described as scary the situation in the state, where the longest serving Chief Minister claims to have ended jungle raj that allegedly prevailed under the rule of RJD, an ally of the CPI(ML)-L. Nitish ji used to say that he would never compromise on the three Cs crime, corruption, and communalism after joining hands with the BJP. But his rule displays not just a compromise, but a cocktail of the three Cs, alleged Bhattacharya. "It is a scary situation in the state, which seems to be run by a nexus between criminal gangs, politicians, and the police. They form a coalition that rules Bihar, and not the NDA. "Shootouts, reminding one of Bollywood crime thriller Gangs of Wasseypur, have ..
Prime Minister Narendra Modi is scheduled to visit Manipur tomorrow, September 13, the state's chief secretary confirmed today.
The consumer price index rose 0.2 per cent last month after gaining 0.3 per cent in June, the Labor Department's Bureau of Labor Statistics said on Tuesday
July CPI-based inflation: Food prices fell sharply as CFPI slid to -1.76%, the steepest drop since January 2019
Stalin said that statements like these were not "inadvertent errors" but exposed the dark mindset of a regime that undermines diversity
With data showing a steep decline in price rise in June, Reserve Bank Governor Sanjay Malhotra on Friday said that the outlook on inflation and growth will determine future rate cuts, making it clear that the current data will not influence the trajectory. Speaking at the FE Modern BFSI Summit here, Malhotra also stated that the RBI's rate cuts will not lead to asset bubbles and added that the central bank has more ammunition in its arsenal beyond rate cuts to help the economy. It can be noted that the RBI has cut its key rates by 1 percentage point this year, and official data pointing to headline inflation cooling to 2.1 per cent against the 4 per cent target has led to expectations of further easing. "Rate cuts will depend on the outlook for both growth and inflation rather than the current numbers," Malhotra said. "We have to remember that monetary policy works with a lag and hence outlook on the outcomes on key data like inflation for up to 12 months is kept in mind while taki
Economists reckon that the decline in inflation is expected on account of easing prices across various goods categories, especially food items and a favourable base effect
Protests erupted across Bihar on Wednesday against the special intensive revision (SIR) of electoral rolls, as part of which top leaders of the opposition Mahagathbandhan, including Rahul Gandhi, converged in the state capital. The INDIA bloc, of which the Mahgathbandhan is a part, is supporting the nationwide 'chakka jam' called in protest against the four labour codes, but in Bihar the opposition coalition has chosen to also highlight its reservations against the SIR, which allegedly threatens to "disenfranchise a substantial number of voters", barely a few months ahead of the assembly polls, to "benefit" the ruling NDA. Gandhi was joined by RJD's Tejashwi Yadav besides D Raja, MA Baby and Dipankar Bhattacharya, general secretaries of CPI, CPI(M) and CPI(ML) respectively, in a giant procession that commenced at the Income Tax crossing, around a hundred metres from vital installations such as the Patna High Court, besides offices of many political parties. The leaders stood atop an
The Communist Party of India (CPI) on Monday strongly condemned reports that YouTuber Jyoti Malhotra, who has been arrested on espionage charges, was invited by the Kerala government for promoting tourism in the state. "The Communist Party of India strongly condemns the BJP's attempt to drag the Kerala government into the Jyoti Malhotra espionage case to cover up its own grave failures on national security," CPI MP P Sandosh Kumar said in a statement. Kumar said it was outrageous to suggest that a state government was responsible for a YouTuber's travel to Pakistan when passport issuance, visa clearance, and intelligence monitoring are all under the control of the Union government. "Did the Kerala government approve her visits to Pakistan? Did it place her in contact with ISI handlers in Delhi? This is a desperate and politically motivated deflection," he said. He added that the BJP has a long list of embarrassments involving its members linked to "espionage and terrorism." "Dhruv
Kerala Ministers R Bindu and V Sivankutty on Friday criticised Union Minister Amit Shah's recent reported remarks against the English language, claiming that they indicate a "restrictive and narrow-minded" political view and are "condemnable". Bindu, the State Higher Education Minister, said that English is the most widely used language across the world to communicate with each other and also on the internet. "The view that children should not learn English or that it will be embarrassing would only lead to their world becoming more restrictive. "Moreover, India is not an isolated island in the world. So, learning English is becoming a necessity," she said, answering reporters' queries regarding Shah's remarks. Union Home Minister Shah had reportedly said that soon those speaking English in India would feel ashamed. Speaking along similar lines as Bindu, State General Education Minister V Sivankutty termed Shah's remarks as "condemnable" and said that "no language was higher or lo
India's CPI-based retail inflation dropped to 2.82 per cent in May, the lowest since February 2019, led by food price easing and reinforcing the RBI's recent rate cuts
The expected revision will not only change the base year but also include new data sources, which should help make these indices more robust
The last base year revision for these key macro-economic indicators undertaken by MoSPI kicked in from January 2015
Currently, monthly price data is collected from 1181 villages and 1114 markets in 310 selected towns by the field operations division of the NSO
The Left government in Kerala on Friday made it clear that it was not in agreement with the use of the Bharat Mata portrait at the Environment Day event at the Raj Bhavan here as the picture was not authorised as the official version by the Constitution or the Indian government. Kerala Agriculture Minister P Prasad, who boycotted the event at the Raj Bhavan a day ago over the use of the portrait, said that those in constitutional offices cannot convert government programmes into political events. A similar view was also expressed by state General Education Minister V Sivankutty who said that the Raj Bhavan and the Governor were above politics and said that Arlekar should withdraw from the stand taken by him. The government's stand came a day after Governor Rajendra Vishwanath Arlekar asserted that there would be no compromise on Bharat Mata. Prasad, while talking to a TV channel, said that no Bharat Mata portrait has ever been acknowledged as the official or authorised version by t
RBI Monetary Policy Committee maintained its GDP growth forecast for FY26 at 6.5%, lowered inflation forecast to 3.7%
According to officials, Gautam was a senior Maoist leader responsible for various violent incidents that resulted in the deaths of numerous innocent tribal civilians and of security personnel
Kerala Chief Minister Pinarayi Vijayan on Thursday called for sustainable and environment friendly development in the state and controlled and democratic use of natural resources. In a Facebook post on the occasion of World Environment Day, Vijayan said that currently it is an era of increasing crisis due to climate change and environmental degradation and therefore, collective responsibility to protect the ecosystem is important. "The development of the state should be sustainable and environment friendly. Instead of blind capitalist exploitation, we should ensure controlled and democratic use of natural resources," he said. The CM said that this year's World Environment Day theme was to stop the widespread plastic pollution. He called for building a developed world for future generations while also preserving a healthy nature.