West Bengal CPI secretary Swapan Banerjee said, Dasgupta was suffering from lung cancer for last several months.
Deposit insurance in India protects up to Rs 1 lakh of a depositor’s money — an incredibly low figure by whichever way you seek to measure it. This level was fixed over a quarter century ago in 1993.
Based on tepid CPI numbers and a widening output gap, the RBI might take stronger action and reduce rates by 50bps in its October policy.
EC had earlier issued them notices asking why their 'national party' status should not be revoked following their performance in the Lok Sabha elections
The Consumer Price Index (CPI)-based retail inflation data captures changes in shop-end prices and is the main metric that RBI tracks to decide on interest rates.
Signs on the ground don’t point to a meaningful growth recovery. With prices posing no immediate threat, RBI has its task cut out.
The Left has now its lowest-ever representation in the Lok Sabha after Independence as the CPI(M) have won three and the CPI two seats in the 2019 general election.
CPI's national general secretary Suravaram Sudhakar Reddy asked what would happen if some state governments were to fall during their term for one reason or the other.
India’s retail inflation for May inched up to 3.05 percent—7-month high—from 2.92 percent in April
Reddy, who assumed charge of the party's top post on March 31, 2012, and was serving a third term scheduled to end in 2021, is firm on announcing his "retirement" at the national council meeting to be held in Delhi on July 20.
Riding on a massive Modi wave sweeping through most parts of India, the BJP was set to return to power on May 23 as it led in 292 seats while the Congress trailed far behind with 50, according to trends released by the Election Commission for all 542 seats that went to polls.
CPI Gen Secy Suravaram Sudhakar Reddy said lack of electoral understanding between the Left parties and the Congress helped the BJP make big gains in West Bengal.
Core CPI for April contracted to 4.6 percent from 5 percent in March.
The Prasar Bharati, in a statement, said the vetting team of Doordarshan observed a paragraph of speech of the CPI that was to be broadcast on the channel.
Manufacturing sector output, which accounts for more than three-fourths of the entire index, contracted to 0.3 percent in February from 1.3 percent.
Gandhi, who filed his nomination last week, has, however, said he would not speak against the Left during his campaign though he understood CPI(M) has to attack him.
The latest price data released by the CSO showed that consumer price index (CPI)-based inflation, remained comfortably within RBI's target level of 4 percent.
Similarly, it stated that the food inflation stood at (+) 0.97 percent against (-) 0.96 percent in the previous month and 3.36 percent during the corresponding month of the previous year.
"The CPI, CPI(M), JMM (Jharkhand Mukti Morcha) and Congress are talking to each other to form an allaince to take on both the BJD and the BJP," he told reporters here.
Consumer food price index stood at (-) 2.17 percent in January from (-) 2.51 percent in December.
Calling for defeat of the Narendra Modi government Reddy asserted that there was widespread resentment over the Centre's economic policies.
The problem with inflation data is that no one really knows how the RBI or Monetary Policy Committee is looking at things. The RBI is trying to increase liquidity even though there is no real liquidity challenge in the market
December CPI fuel, light inflation came in at 4.54% vs 7.39% in November. Vegetable inflation also fell by -16.14% vs -15.59% in November.
Kotak Institutional Equities expects the inflation to remain below 4 percent for the next eight months
There is no free lunch. The market is forgetting there will be a price to pay for loosening the government’s and RBI’s purse strings.