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New bonds will insulate govt from inflation, not the poor
By launching bonds that are keyed to the WPI inflation, the government is actually saving itself from inflation by robbing the poor. #HowThisWorks #Inflation #RBI #WPI #CPI #GoodReads #Inflation-Indexed Bonds
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Slain MLA's wife to approach SC against Pappu Yadav's acquittal
Madhavi Sarkar, wife of former CPI(M) legislator Ajit Sarkar, today said she will approach the Supreme Court against the acquittal of former RJD MP Pappu Yadav in her husband's murder case. #NewsTracker #Minister #Murder Case #RJD #CPI (M) #Madhavi #Pappu Yadav #Ajit Sarkar
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Inflation indexed bonds on 4 June: Here's what you need to know
The 1997 IIB issuance was in the form of Capital Index Bond (CIB), where only the principal repayment was indexed to inflation. The current CIB version of IIBs will protect interest payment as well as principal repayment from inflation. #WPI #PersonalFinance #CPI #Inflation-Indexed Bonds
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Why the death of inflation is vastly exaggerated
It is too soon to celebrate the fall of inflation. A verdict on that will have to wait till later this year. Subbarao should thus hasten slowly in rate cuts #Inflation #Economy #RBI #ToWhatEffect #WPI #CPI
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Inflation eases to 4.89%: What it means for you
Here is a quick guide to four things everyone should know about inflation. #Inflation #Gold #ToWhatEffect #WPI #CPI
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Mamata hails court verdict on West Bengal panchayat polls
Welcoming the Calcutta High Court's order on panchayat elections, Chief Minister Mamata Banerjee on Tuesday said people in rural Bengal would now be able to vote in the three-tier panchayat system. #Politics #India #Mamata Banerjee #Congress #BJP #NewsTracker #Election Commission #West Bengal #Calcutta High Court #CPI (M)
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Mamata celebrates two years of Left's ouster from Bengal
West Bengal Chief Minister Mamata Banerjee on Monday celebrated two years of her Trinamool Congress being voted to power with a Facebook message saluting the people who had ousted the Left Front government. #Politics #Mamata Banerjee #NewsTracker #Left Front #CPI(M)
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Consumer Price inflation slows to 9.39% in April
India's annual consumer price inflation slowed for the second straight month in April to 9.39 percent, government data showed on Monday. #food #NewsTracker #WPI inflation #CPI Inflation
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Govt examining all possibility to raise FDI ceiling to up inflows :Rajan
Chief Economic Advisor Raghuram Rajan today said the government is examining all possibility of raising foreign direct investment ceiling in various sectors to help increase inflows and prop up economic growth #TheySaidIt #Raghuram Rajan #WPI inflation #FDI in retail #IKEA #CAD #CPI Inflation
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Mamata govt withdraws CPI(M)'s chit fund bill
The West Bengal Assembly today passed a resolution to withdraw a bill on safeguarding the interest of depositors in chit funds passed during the Left Front regime which would be replaced by a new one brought by the present Trinamool Congress government. #Politics #Mamata Banerjee #NewsTracker #CPI(M) #Chit Fund bill #Saradha scam