WPI hits 11-year high of 10.49% in April as metals, fuel prices zoom

WPI hits 11-year high of 10.49% in April as metals, fuel prices zoom

India’s wholesale price inflation hardened to an almost 11-year high in April on the back of a sharp rise in prices of basic metals, fuel and power, indicating retail inflation may firm with a lag in response to this cost push pressure. Data released by the commerce ministry on Monday showed wholesale price index (WPI) … Read more

View: How Modi government can tame the skyrocketing fuel prices

View: How Modi government can tame the skyrocketing fuel prices

For better central-state relations, GoI would do well by recognising the need for a long-term solution and acting swiftly. Synopsis Despite the bold indirect tax reform of 2017, no consensus has been reached yet on including petrol and diesel within the goods and services tax’s (GST) ambit. Until fuel is included in GST, it will … Read more

Reduce cooking gas, fuel prices to level that existed under UPA: Congress to Centre

Reduce cooking gas, fuel prices to level that existed under UPA: Congress to Centre

The Congress on Tuesday demanded that the Centre should immediately reduce the domestic LPG and fuel prices to the level at which they stood at under the UPA government, asserting that international prices of these commodities are presently much lower than at the time of its rule. Congress’ chief spokesperson Randeep Surjewala said despite opposition … Read more

Rahul Gandhi sounds poll bugle in Kerala, slams BJP, Left government

Rahul Gandhi sounds poll bugle in Kerala, slams BJP, Left government

The Congress on Tuesday sounded the poll bugle in Kerala with the party organising a mammoth rally in which leader Rahul Gandhi launched a scathing attack on Kerala’s ruling LDF and BJP government at the Centre over various issues including the contentious farm laws and the rise in fuel prices. The Wayanad MP also asked … Read more

Samajwadi Party, Congress stage protest as UP Assembly’s budget session begins

Samajwadi Party, Congress stage protest as UP Assembly’s budget session begins

UP’s budget session opened on Thursday amid the Samajwadi Party’s dramatic street protests. Some of its MLAs arrived for the session on tractors carrying sugarcane in solidarity with the ongoing farmers’ agitation and to protest against the state for not increasing the procurement price of sugarcane. MLAs and senior leaders of SP and Congress staged … Read more