Tag: inflation

RBI committed to bring down inflation to 4%; watchful of price risks: Governor Das

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RBI committed to bring down inflation to 4%; watchful of price risks: Governor Das

RBI Governor Shaktikanta Das speaks at the Delhi School of Economics Diamond Jubilee Distinguished Lecture, in New Delhi, on Sept. 5, 2023. | Photo Credit: PTI Reserve Bank Governor Shaktikanta Das on Tuesday said the central bank is committed to bringing down inflation to 4% and will remain watchful of risks as more frequent global…

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Data | Cost of preparing meals at home rose by 65% in five years, wages by just 28%-37%

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Data | Cost of preparing meals at home rose by 65% in five years, wages by just 28%-37%

The cost of a home-cooked vegetarian thali in Mumbai has increased by 65% in the last five years. At the same time, the average wage earned by a casual labourer working in urban Maharashtra has increased by only 37% and that of a salaried worker has increased by 28%. This disparity between wages/salaries and expenditure…

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No difference if people don’t eat onions for 2-4 months: Maharashtra Minister Dada Bhuse

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No difference if people don’t eat onions for 2-4 months: Maharashtra Minister Dada Bhuse

Maharashtra Minister Dada Bhuse. File | Photo Credit: Vivek Bendre Amid protests by farmers and traders against the Centre’s decision to impose 40% export duty on onions, Maharashtra Minister Dada Bhuse has claimed it would make no difference if people did not consume the staple vegetable for two to four months. The State PWD minister,…

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Vegetable prices likely to cool down next month, says Finance Ministry

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Vegetable prices likely to cool down next month, says Finance Ministry

The retail inflation touched a 15-month high of 7.44% in July, a spike from 4.87% in June. File | Photo Credit: PTI The government expects vegetable prices to start cooling off from next month with the advent of new crops in the market, but rising crude oil prices is a concern even though it is still…

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Centre says stoppage of rice and wheat supply to States is aimed at controlling inflation

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Centre says stoppage of rice and wheat supply to States is aimed at controlling inflation

Under the scheme, the Karnataka Government has promised to provide 10 kg of food grains/rice to every member of a Below Poverty Line (BPL) household and Antyodaya card holders every month.  | Photo Credit: K.R. Deepak Amid a political slugfest over the discontinuation of the sale of rice and wheat from the Central pool to…

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Measures announced in Budget to promote jobs, spur economic growth: Finance Ministry

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Measures announced in Budget to promote jobs, spur economic growth: Finance Ministry

Union Finance Minister Nirmala Sitharaman addresses a press conference on Union Budget 2023-24, in Jaipur on February 20, 2023. | Photo Credit: PTI The measures like increased capex, boosting the green economy and initiatives for strengthening financial markets announced in the Budget 2023-24 are expected to promote job creation and spur economic growth, the Finance…

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