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Wheat prices hit record high on strong demand, supply crunch

MUMBAI, Nov 12 (Reuters) – Wheat prices have jumped to a record high due to strong demand, limited supplies, and a delay in the government releasing stocks from its warehouses to augment supplies, industry officials said on Tuesday. The record prices are likely to lift retail inflation that surged to a 14-month high in October, driven by a jump in vegetable prices and dashing hopes of an interest rate cut by the central bank next month. Supplies are limited in the market, and stockists are unwilling to release wheat at lower prices, said Pramod Kumar, a flour miller. “If the

Bangladesh asks Interpol for help in arresting ousted Prime Minister Sheikh Hasina

DHAKA, Bangladesh, November 12, 2024 (AP) — A special tribunal in Bangladesh on Tuesday asked the international police organization Interpol to issue a red notice for the arrest of ousted Prime Minister Sheikh Hasina in connection with the deaths of hundreds of protesters during a mass uprising against her. Hasina fled to India on Aug. 5 with her close aides and former ministers, ending a 15-year rule. Nobel Peace laurate Muhammad Yunus took over as the interim leader of the South Asian nation on Aug. 8, and later reconstituted the tribunal that once handled charges of crimes against humanity during

October retail inflation rises to 6.21%

NEW DELHI, Nov 12 (Reuters) – India’s retail inflation, opens new tab in October accelerated to 6.21% year-on-year, breaching the central bank’s target range for the first time in over a year, as food prices remained stubbornly high, government data released on Tuesday showed. The annual retail inflation was higher than the estimate of 5.81% in a Reuters poll of 45 economists. In September, inflation stood at 5.49%, which was a nine-month high. The Reserve Bank of India (RBI) is mandated to keep inflation in a range of 2%-6%, with a medium term target of 4%. Annual inflation for food

Protest continues outside UPPSC office in Prayagraj, no agreement reached

Prayagraj (Uttar Pradesh) [India], November 12 (ANI): The protest by candidates demanding that Uttar Pradesh Public Service Commission (UPPSC) exams be held in a single shift continued outside the commission’s office in Prayagraj on Tuesday. According to sources, after unsuccessful talks with authorities the previous night, the students remain determined to press their demands. They are calling in more peers, expecting a larger crowd today. With biscuits and other supplies in hand, they have vowed to continue their peaceful protest until their concerns are addressed. The aspirants are demanding that the upcoming PCS and RO/ARO exams be conducted in a

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