English हिन्दी
Connect with us

India News

Indian economy hit as retail inflation reaches 7.35%, vegetable prices rise by 60%

In another setback to the Indian economy, the retail inflation in India rose by 7.35% in December 2019, which is the highest since July 2014, largely due to the increase in vegetable prices and phone tariffs.

Published

on

Indian Economy

In another setback to the Indian economy, the retail inflation in India rose by 7.35% in December 2019, which is the highest since July 2014, largely due to the increase in vegetable prices and phone tariffs.

The upsurge was largely due to the rise in food prices, which account to more than a third of Indian household’s budget, and the overall food inflation was 14.12% in the month of December, according to the Ministry of Statistics and Programme Implementation.

The vegetable prices have risen by 60%, while the price of pulses saw an increase by 15.44%, food & beverages at 12.16%, meat & fish by 9.57% and spies by 5.76%, mostly pertaining to the supply shocks caused largely by extreme weather events.

Prices of potatoes, onions and tomatoes, the three most important vegetables in the CPI basket, increased by 37%, 328% and 35% respectively in December on a year-on-year basis.

Food Price Inflation

Food Price Inflation

Retail inflation based on the Consumer Price Index was 2.11% in December 2018 and 5.54% in November 2019.

The economic growth of India was 4.5% in the third quarter of last year that ended in September 2019 and is expected to be to at 5% for the last quarter going into 2020.

Consumer Price Index. (Source: CMIE)

Consumer Price Index. (Source: CMIE)

Monetary Policy Committee (MPC) has paused the cutting of interest rates due to the rise in retail inflation and they will use the December data when they sit out for the meeting in February.

Trends:

According to CMIE report, over the last four months, food prices and fuel prices have seen a significant rise which in turn has affected the overall CPI.

Food CPI in February 2014 was 7.89%, which has now risen to 14.12%.

While the overall CPI in February 2014 was 7.27 %, which has now scaled to 7.35%.

Future:

State Bank of India (SBI) has projected the rate of retail inflation to breach eight per cent in January 2020, as per a report in Businessline. It also cautioned that if food price inflation does not revert, the economy can slip into stagflation.

India News

Turnout crosses 80% in Bengal and Tamil Nadu till 5 PM in key elections

Bengal phase 1 and Tamil Nadu elections witness strong voter turnout, crossing 80% with largely peaceful polling.

Published

on

Voter Turnout

Polling for the 2026 Assembly elections is underway in West Bengal and Tamil Nadu, with voters turning out in large numbers across key constituencies.

In West Bengal, voting is being held across 152 constituencies, with around 3.6 crore voters expected to participate in this phase. Security arrangements were tightened, and long queues of voters were seen at polling stations from early morning.

Turnout rises steadily through the day

Voter participation increased consistently as polling progressed. By afternoon, turnout had crossed the halfway mark in both states, indicating steady engagement.

As per latest updates till 5 PM, West Bengal recorded 89.92% turnout, while Tamil Nadu reported 82.24% voter participation.

Large electorate participates in phase 1

In West Bengal, nearly 3.6 crore eligible voters took part in the first phase across several districts, including Darjeeling and Jalpaiguri.

Tamil Nadu is witnessing a three-way contest between the DMK-led alliance, the AIADMK-BJP alliance, and actor Vijay’s entry into the political space.

Sporadic incidents reported

Polling has been largely peaceful, though isolated incidents were reported, including an attack on BJP MLA Agnimitra Paul’s car and a boycott reported in parts of Tamil Nadu.

Despite these disruptions, voting continued without major interruptions, and authorities maintained overall control.

High-stakes political contest

The elections are being closely watched as major political parties compete for power. West Bengal is witnessing a closely fought contest, while in Tamil Nadu, key regional rivals are battling for control of the state Assembly.

The outcome is expected to play an important role in shaping the political landscape of both states.

Continue Reading

Education

UP Board result 2026 declared: Class 10 pass rate at 90.42%, class 12 at 80.38%

UP Board 2026 results are out with strong pass rates. Here’s how to check your score and key highlights.

Published

on

Result

The Uttar Pradesh Madhyamik Shiksha Parishad has declared the UP Board Class 10 and Class 12 results for 2026 on April 23 at 4 pm.

This year, more than 52 lakh students registered for the exams, including over 27 lakh candidates in Class 10 and nearly 25 lakh in Class 12. The examinations were conducted between February 18 and March 12 across around 8,000 centres in the state.

Pass percentage and performance trends

The overall performance remains strong:

  • Class 10 pass percentage: 90.42%
  • Class 12 pass percentage: 80.38%

Girls have once again outperformed boys in both classes, continuing the trend seen in previous years.

How to check UP Board result 2026

Students can access their results through official platforms by following these steps:

  • Visit the official website: upmsp.edu.in or upresults.nic.in
  • Click on the result link for Class 10 or Class 12
  • Enter roll number and required details
  • View and download the provisional marksheet

Alternatively, results are also available via DigiLocker and other digital platforms.

What students should do after results

Students are advised to:

  • Download and print the provisional marksheet immediately
  • Collect the original marksheet from their respective schools later
  • Apply for re-evaluation or compartment exams if required

Continue Reading

India News

Voting underway in West Bengal phase 1 and Tamil Nadu as turnout crosses 50% by afternoon

Voter turnout crosses 50% in West Bengal phase 1 and Tamil Nadu as polling continues across key constituencies.

Published

on

voting percentage Bengal and Tamilnadu

Voting is underway in West Bengal and Tamil Nadu as the 2026 assembly elections see active participation from voters across both states. In West Bengal, the first phase of polling is being held across 152 constituencies in 16 districts, marking the beginning of a multi-phase election process.

Tamil Nadu, on the other hand, is witnessing single-phase polling across all 234 assembly seats, making it a crucial electoral day for the state.

Polling began in the morning with voters arriving at booths early, and arrangements were in place to ensure smooth voting.

Turnout figures show steady participation

As voting progressed, turnout figures indicated moderate to strong participation in both states.

  • West Bengal recorded around 62.2% voter turnout by 1 pm
  • Tamil Nadu saw approximately 56.8% turnout by the same time

Earlier in the day, initial turnout trends showed gradual momentum as queues built up at polling stations.

High-stakes contest in both states

The elections are significant for major political parties in both regions.

In West Bengal, the contest remains largely between the ruling Trinamool Congress and the Bharatiya Janata Party, with several key constituencies drawing attention. Around 3.6 crore voters are eligible to vote in this phase, highlighting the scale of the exercise.

Tamil Nadu’s election features a traditional contest between the DMK and AIADMK alliances, with the outcome expected to shape the state’s political direction.

Security and arrangements in place

Authorities have deployed security personnel and made logistical arrangements to ensure peaceful polling. Reports indicate that voting is largely proceeding smoothly, with monitoring systems in place across sensitive areas.

The election process in West Bengal will continue with the second phase scheduled for April 29, while Tamil Nadu will conclude voting in a single day.

Continue Reading

Trending

© Copyright 2022 APNLIVE.com