Repeated hikes in CNG, petrol and diesel prices across metro cities are expected to increase commuting and logistics costs, adding fresh pressure on consumers and transport operators.
Congress president Mallikarjun Kharge on Monday launched a sharp attack on Prime Minister Narendra Modi over rising inflation, unemployment and the condition of the economy, alleging that the Centre had failed to provide relief to citizens struggling with financial hardship.
India’s inflation numbers are beginning to tell two very different stories. One is reassuring.
Americans are paying more for groceries, gasoline and other everyday necessities as inflation accelerates again, with economists increasingly pointing to geopolitical conflict and energy disruptions as key drivers of rising living costs.
A sharp increase in petrol and diesel prices in Punjab has raised concerns over rising transport costs, agricultural expenses and a possible spike in essential commodity prices.
The economic recovery from the Covid-19 pandemic in India has been marked by a stark K-shaped pattern, where different segments of the population experience recovery at varying rates.
To give common people some respite from sky-rocketing prices of essential commodities in the face of extreme heat, particularly vegetables
The Wholesale Price Index (WPI)-based inflation of the country rose to 2.61 per cent in May, marking a 15-month high, the government said on Friday.
The vegetarian thali has become dearer by 9% to Rs 27.8 in May due to costlier vegetables marking a surge from Rs 25.5 same month last year, according to ratings agency CRISIL.
The AAP leader said prior to the 2014 elections, the BJP sought votes in the country making inflation its biggest issue and gave the slogan ‘Bahut hui mehangai ki maar, Abki baar Modi Sarkar’ (Enough of inflation, this time it’s the Modi government).
