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Retail inflation likely cooled to a three month low in January – Reuters poll

BENGALURU, Feb 9 (Reuters) – Retail inflation likely eased to a three-month low of 5.09% in January on slowing food price rises and favourable base effects, according to economists polled by Reuters who also predicted a moderation in core inflation to 3.70%. The Reserve Bank of India, which held its repo rate, opens new tab at 6.50% for a sixth consecutive meeting on Feb. 8, highlighted “large and repetitive food price shocks” as one of the biggest risks to the ongoing disinflation trend. After surging since November, food prices, which make up about half of the consumer price index (CPI)

Haldwani violence claims two lives, three critical

Haldwani, Feb 9 (PTI) Two persons were killed and three critically injured in the violence that broke out over the demolition of an illegally-built madrasa and a place for offering namaz inside its premises in the town where curfew has been imposed and shoot-at-sight orders issued. Nainital District Magistrate (DM) Vandana Singh and Senior Superintendent of Police Prahlad Meena, who held a joint press conference here on Friday, confirmed the two deaths in the violence that broke out on Thursday. Meena said the police had to use force in self-defence. The situation in the town is under control with curfew

FM Nirmala Sitharaman to lay White Paper on Indian Economy in Lok Sabha

New Delhi [India], February 8 (ANI): Finance Minister Nirmala Sitharaman would on Thursday lay a White Paper on the Indian economy on the table of Lok Sabha. The supplementary list of business of the House on February 8 mentioned that the minister will lay a copy of the White Paper. The budget session started with the address by President Droupadi Murmu to the joint sitting of two Houses on January 31. This is the last session of the current Lok Sabha before the general elections expected to be held in April-May this year. The government had announced in the union

No misuse of Raj Bhavan in former Jharkhand CM Hemant Soren’s arrest: Guv

Ranchi, Feb 8 (PTI) Jharkhand Governor CP Radhakrishnan on Thursday denied allegations that the Raj Bhavan was involved in former chief minister and JMM executive president Hemant Soren’s arrest by the ED in a money laundering scam. Soren was arrested on January 31 after a seven-hour grilling by the ED. He resigned as the chief minister before that. Addressing a press conference here, Radhakrishnan said, “There is no question of misuse of Raj Bhavan. Every democratic norm has been strictly followed by us.” Radhakrishnan claimed that the Raj Bhvan did not ask Soren to resign as CM but it was

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