SBI Research, in its latest 'Ecowrap' report, noted that a continued vigil on the evolving inflation outlook is warranted given the erratic progress of monsoon and its impact on Kharif crop sowing, and subsequently on overall food inflation.
The rise in inflation could partly be attributed to the current spurt in tomato prices across India. The rise in tomato prices is reported across the country, and not just limited to a particular region or geography. In key cities, it rose to as high as Rs 150-160 per kg. Besides vegetables,
Continuing with their bull run, Indian stock indices touched fresh highs Thursday morning and in the process, the benchmark Sensex breached the 66,000 mark.
Bucking the trend, retail inflation in India rose considerably in June to 4.81 per cent, largely due to a sharp spurt in vegetable prices. The inflation index for rural and urban was 4.72 per cent and 4.96 per cent, respectively.
Investors now await retail inflation data for June to be released later today. Analysts expect inflation may see an uptick due to the sharp rise in tomato and a relative spurt in pulses prices.
Viswam in a letter to Manipur CM said that the state is grappling with violence for over two months now and the state machinery is “failing” in upholding law and order in the state.
Mumbai (Maharashtra) [India], June 10: The College of Physicians and Surgeons of Mumbai (CPS), a pioneering institution in the field of medical education, continues to make significant strides in spreading health education nationwide. CPS, a leading medical education institution in Mumbai, I
Strongly reacting to Pakistan Minister Ahsan Iqbal's statement on CPEC, PTI stated that the insinuation that "our iron brother would interfere in our domestic affairs is baffling and insulting".
Congress leader Adhir Ranjan Chowdhury said that 19 people were killed on the day of the Panchayat polls adding that the presence of the central security forces in and around the polling stations will ensure that voters cast their vote fearlessly.
Coming down heavily on the Mamata Banerjee government over the widespread violence during the panchayet elections in West Bengal on Saturday, Union Minister Nishith Pramanik said the single-phased polls were not a festival of the republic but a festival of death.
A booth agent of an independent candidate and a polling agent of a BJP were allegedly killed in two separate violence-related incidents during voting for single-phase panchayat elections in West bengal on Saturday.