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Ranjit K. Jain | Photo Credit: Special Arrangement Name: Ranjit K. Jain Profession: Distributors and channel partners Number of family members: 4 Annual Income: ₹30 lakh For a family in the ₹30-lakh income bracket, the Union Budget is a study in contrasts. While it delivers a major victory for our global aspirations, it remains stubbornly…
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According to WPI data, deflation in food articles was 4.16%in November, compared to 8.31% in October. File. | Photo Credit: Reuters Wholesale price inflation (WPI) came in at (-) 0.32% in November, driven by an uptick in prices of food articles like pulses and vegetables on a month-on-month basis, government data showed on Monday (December…
By staying patient, informed and disciplined, you can break the loop of ‘artificial demand’ and avoid inflated prices. Allow time for the situation to settle. File. | Photo Credit: Reuters On September 19, U.S. President Donald Trump signed a proclamation raising the annual fee for H-1B visas to a staggering $1,00,000 a year. Almost instantly,…
Union Finance Minister Nirmala Sitharaman speaks in the Rajya Sabha during the Budget session of Parliament, in New Delhi, Thursday, Feb. 13, 2025. | Photo Credit: PTI Food prices are expected to be under control in the coming year, going by advance estimates of crop output, but the government will keep monitoring prices and act…
Image for representative purpose | Photo Credit: PTI India’s industrial output growth dropped to a four-month low of 3.2% in December, with manufacturing and mining sectors rising just 3% and 2.6%, respectively, and consumer non-durables’ production slipping 7.6% from a year ago. The National Statistics Office (NSO) also downgraded the industrial production growth assessment for…
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India needs to develop climate-resilient crop varieties and enhance yields to increase the production of pulses, oilseeds, tomatoes and onion to ensure long-term price stability, the Economic Survey 2024-25 said. File | Photo Credit: Sandeep Saxena India needs to develop climate-resilient crop varieties and enhance yields to increase the production of pulses, oilseeds, tomatoes and onion…
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Village women work under MGNREGA scheme at Jagannath Prasad village in Odisha | Photo Credit: Gerra Madhusudan 10751@Chennai The share of the Union Budget allocated for the social sector has declined rapidly in recent years. Data show that the outlays to most schemes under the rural development, education, health, and social welfare heads have either…
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When Julius Caesar’s Senate fixed January 1 as the ‘first day of the year’, the idea wasn’t only to ‘start afresh’. It was also when those in civil office were to set in motion their responsibilities. In that tradition, coming down from 45 BC, let the existing coalition government headed by Narendra Modi set out…
In November, a Cabinet Minister reportedly stated at a press conference that the Reserve Bank of India (RBI) should focus on growth and not be concerned with food price inflation. Though the Minister clarified that he was speaking in his personal capacity, it is not in the spirit of things that once the central bank…
The Federal Reserve cut its key interest rate by a quarter-point. File. | Photo Credit: AP The Federal Reserve cut its key interest rate on Wednesday by a quarter-point — its third cut this year — but also signaled that it expects to reduce rates more slowly next year than it previously envisioned, largely because of…