News related to
price

Heightened police activity outside the Congress party’s headquarters and chief Sonia Gandhi’s residence following the sealing of the offices of a company linked to the party’s leadership was an attempt to intimidate the opposition, Congress leaders said on Wednesday. “@INCIndia is under siege. Delhi police has surrounded our HQs, and homes of INC President & […]

The post Cong sees Herald House sealing as attempt to intimidate first appeared on IPA Newspack.

Raghuram Rajan, the former Governor of the Reserve Bank, told NDTV today that while growth figures in India is better than many nations, the country needs more on account of its huge population. Though the growth figure is around 7 per cent — which the government quoted in parliament in response to the debate on […]

The post Raghuram Rajan says govt intolerant towards criticism first appeared on IPA Newspack.

By K Raveendran Parliament has been witnessing a standoff between the government and the opposition over the issue of price rise and inflation, with the opposition demanding urgent debate on the issue and the Modi government showing the inclination to go to any extent, including suspension of over a scores of members belonging to the […]

The post Modi Govt Continues To Run Away From Vexed Inflation Issue first appeared on IPA Newspack.

By Sushil Kutty Destitution, bankruptcy, mass famine! Some rightwing folks desperate to see the back of Joe Biden are predicting this for America. They do not like the President’s “dementia” and are not hailing Speaker Nancy Pelosi for taking on the People’s Republic of China in its own backyard. One of them has come up […]

The post Price Rise Of Essential Commodities Has Led The Poor Gasping In India first appeared on IPA Newspack.

By Dr. Gyan Pathak Foodgrain crisis is set to further aggravate in India. Earlier, the heatwave conditions impacted the wheat crop leading to less production and procurement enforcing wheat export ban on May 13, and now deficit rainfall has caused a decline of rice cultivation by about 13 per cent so far. The shrinkage in […]

The post Foodgrain Crisis To Aggravate In India In The Coming Months first appeared on IPA Newspack.

By Dr. Gyan Pathak The number of hours worked in the world fell in the first quarter of 2022 and remained 3.8 per cent below the level of the fourth quarter of 2019 – and that is equivalent to the loss of 112 million full-time jobs. The latest ILO estimate has maintained that this represented […]

The post Labour Market Condition To Deteriorate Further Globally first appeared on IPA Newspack.

By Subrata Majumder RBI decision to permit rupee convertible in export and import is a precursor to make rupee an international currency.  Although the convertibility is limited to current account, RBI’s decision demonstrates India’s readiness to move forward for full convertibility. Essence of rupee convertibility is a challenge to the global economy by India’s strong […]

The post RBI’s Latest Decision Prepares Ground For Full Convertibility Of Rupee first appeared on IPA Newspack.

By James M Dorsey I2-U2, the Indo-West Asian quad, has boasted its first success with the acquisition by Indian billionaire Gautam Adani of Haifa Port. The acquisition was announced days after an I2-U2 virtual summit during US President Joe Biden’s visit last week to the Middle East. The acquisition by a close associate of Prime […]

The post The Privatisation Of Haifa Port With Adani: India-1, China -0 first appeared on IPA Newspack.

By K Raveendran A global crisis in the supply of lithium and other components is hitting the Indian EV industry even harder than other major markets. Apart from the high costs of imports, the relative low size of the Indian market is also affecting the industry’s capacity to negotiate. Although the EV sector in India […]

The post Global Supply Constraints Darken Indian EV Manufacturing Horizon first appeared on IPA Newspack.

By Dr. Nilanjan Banik All is not well when it comes to India’s trade deficit and value of Indian Rupee. While the trade deficit has widened to a record $25.63 billion in the month of June, latest data suggests Indian Rupee for the first time has crossed 80-mark against US dollar. There are two aspects […]

The post Falling Rupee Will Add To Inflationary Pressures On Indian Economy first appeared on IPA Newspack.

By Arun Kumar Shrivastav Myanmar’s military rulers on July 252 reported the execution of four pro-democracy activists — Phyo Zeya Thaw, Kyaw Min Yu, Hla Myo Aung, and Aung Thura Zaw. Ko Jimmy and Phyo Zeya Thaw were convicted under counter-terrorism laws in January while Hla Myo Aung and Aung Thura Zaw were convicted for […]

The post Indian Govt At Last Expresses Concern At Myanmar Junta Killings Of Activists first appeared on IPA Newspack.

Twenty suspended Rajya Sabha members Wednesday started a 50-hour relay protest inside the Parliament complex, with sources saying the Opposition declined the Chairman’s offer that they express regret over their members’ behaviour in the House to get the suspension revoked. They were later joined by four Congress MPs who have also been suspended from Lok […]

The post Suspended MPs begin 50-hour relay protest first appeared on IPA Newspack.

By Sushil Kutty Can anybody shout Parliament has gone to the dogs and get away with it? Will such liberty with the temple of democracy invite the wrath of Parliament, a privilege notice? But how does one get the blasphemous thought out of the head? For things have certainly gone from bad to worse for […]

The post Does Narendra Modi Govt Want An Opposition Mukt Parliament? first appeared on IPA Newspack.

By K R Sudhaman India’s Chief Economic Advisor V Anantha Nageswaran is of the view that India’s Inflation though beyond RBI’s band is not that big a source of worry as it is still much less than several advanced economies, some of whom have it in double digits. Inflation no doubt is a global phenomenon […]

The post Monetary Policy Is Not Adequate To Tame India’s Present Inflation first appeared on IPA Newspack.

By Dr. Gyan Pathak There is no secret now. Modi government has now brazenly said in the Parliament of India that the Centre has no plans to develop National Employment Policy (NEP). It has raised its veil from its true face on this issue ever since it came to power in 2014. Even till recently […]

The post Modi Government Turns Back On National Employment Policy first appeared on IPA Newspack.

By Sushil Kutty Raksha Mantri Rajnath Singh on Kargil Divas reiterated that Pakistan Occupied Kashmir (POK) will be returned to India, and that POK remains an integral part of India. We’ve heard this before, umpteen number of times, more and more after the Bharatiya Janata Party came to rule at the Centre. Prime Minister Narendra […]

The post Defence Minister Rajnath Singh’s Kargil Day Boasts Ring Hollow first appeared on IPA Newspack.

By Shreenivas Khandewale It is true that the whole world was engulfed by the adverse economic consequences of corona during 2020-21 and 2021-22 and that even during 2022-23, there are lingering effects of the pandemic. Most of the countries are suffering, as India does, from the economic dislocations in various sectors at various production points, […]

The post High Inflation And Rising Joblessness Are The Outcome Of Modi Govt Policies first appeared on IPA Newspack.