Economics

Indigenous breeds record marginal rise

Foreign cattle grew 32%, says Census The Centre’s drive to increase indigenous breeds of cattle seems to have had little impact among cows kept for dairy purposes, according to data from the 20th Livestock Census released on Wednesday. There are 4.85 crore desi (native) milch cows in the country, less …

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‘Cutting off power in an accident is key in EVs’

Bosch’s devices prevent car occupants, rescuers from suffering electric shock With a rising number of electric vehicles (EVs) expected to hit the road in the coming years, drivers are increasingly becoming uncertain about safety measures, especially as to what they should do in the event of a collision. Damaged cables …

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PMC’s suspended MD says auditors did ‘superficial’ job

‘Due to time constraints, auditors checked only incremental advances’ The suspended managing director of Punjab and Maharashtra Cooperative (PMC) Bank, Joy Thomas, has blamed the auditors for the mess at the bank, accusing them of only “superficially auditing” the books of the now crippled lender due to “time constraints.” In …

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CM sets up committee to fast-track FDI clearances

Committee to meet in the first week of every month Aiming at ensuring speedy clearances for investments proposed in Tamil Nadu by foreign companies during his recent visit to the U.S., U.K. and Dubai, Chief Minister Edappadi K. Palaniswami has constituted a high-level committee for investment facilitation and single-window clearances. …

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Wholesale inflation eases to 1.08% in July

Fuel and power sector contracts Inflation at the wholesale level eased for the fourth consecutive month to a 25-month low of 1.08% in July, on lower inflation in the manufacturing and fuel sectors, according to official data released on Wednesday. Growth in the Wholesale Price Index slowed in July from …

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Retail inflation remains flat in July at 3.15%

Retail inflation in July snapped a five-month accelerating trend to ease marginally to 3.15%, according to official data released on Tuesday.Growth in the Consumer Price Index slowed slightly in July from 3.18% in June. Within the index, food prices bucked an eight-month accelerating trend to ease to 2.33% in July, …

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