CPI

Industrial output picks up at 5 per cent in January 2025 from 3.2 per cent in December

January 2025 CPI-based inflation: Food inflation fell to 6.02 per cent in January 2025, the lowest since August 2024

P Sandosh Kumar, CPI MP from Kerala, raised the challenges being faced by the Indians residing in six countries under the Gulf Cooperative Council and demanded a comprehensive policy on workers going abroad in the Rajya Sabha on Friday. Raising the issues during the Question Hour, Kumar said that the GCC, which consists of six countries in the Middle East, has a very huge Indian population and there is an urgent need for a comprehensive and pragmatic policy for them as they are contributing immensely to strengthen the Indian economy. According to Kumar, Indians living in GCC countries are 93,72,076 as per the answer furnished by the government in the House in December last year and out of these, 27 per cent are from Kerala. Pointing out some major issues, he said that airfare hikes, especially during the season, have become a menace for the Parvaasi community. "This has become a source of exploitation for aviation companies. Our aviation ministry has become a mute spectator to this

Kumar emphasized that the meeting should have been convened 10-15 days prior to the session, allowing for more substantial discussions and incorporation of raised issues into the government's agenda

Rural areas experienced higher food inflation at 8.65 per cent, while urban regions saw a slightly lower rate of 7.9 per cent during the month

December CPI 2024: Inflation rates for rural and urban are 5.76 per cent and 4.58 per cent, respectively

The data shows higher inflation in rural areas at 5.95 per cent, compared to 4.83 per cent in urban regions

CPI floor leader in Rajya Sabha P Sandosh Kumar on Monday submitted a breach of privilege motion against Railway Minister Ashwini Vaishnaw, accusing him of misleading the House by providing figures contradictory to the ministry's own data submitted earlier to the House. According to a statement issued by the CPI, the ministry, in response to a question raised by CPI MP P P Suneer on safety of railway workers, provided the number of 65 deaths and 569 injuries from 2014-15 to 2023-24, a period of 10 years. However, in an earlier reply in Rajya Sabha on December 8, 2023, the ministry said that 361 railway workers died due to train accidents during maintenance work on rail tracks in the last five years (from 2019-20 to 27.11.2023), the statement said. The CPI said the ministry's reply on Monday sharply contradict the figures provided by it earlier in the Rajya Sabha. The party said in a sub-question of the raised question, Suneer had asked for the zone-wise details of the number of dea

The Q2FY25 growth in manufacturing slowed to 2.2 per cent, significantly below the 7 per cent recorded in Q1 and 14.3 per cent a year earlier

It is worth highlighting that even if the headline or food inflation rate comes down, it will only reduce the pace of price increase and consumers will continue to pay comparatively high prices

The Congress and BJP on Tuesday contended that the ruling CPI(M)'s reported remarks about stopping fake voters from entering polling stations during the voting for the Palakkad assembly seat were aimed at deterring electors and would amount to taking the law into its own hands. The bypoll will be held on November 20. During the silent campaign in the Palakkad assembly constituency, Congress-led UDF candidate Rahul Mamkootathil, while visiting homes seeking votes, said the election officials were officers of the government and therefore, how did fake voters' names get registered on the electoral roll? Mamkootathil, the state president of the Youth Congress, said that even the UDF was opposed to fake voters, but that issue should not be used to intimidate other electors from voting. BJP's C Krishnakumar, who also visited homes in the constituency seeking votes, contended that such statements by CPI(M) shows the Left party's tendency to take law into its own hands. He said that his p

Retail inflation breaches RBI's 6% threshold

India's industrial output rose 3.1% year-on-year in September, driven by a rebound in manufacturing activity

The Ministry of Statistics and Programme Implementation on Tuesday announced the advancing of release time for macroeconomic data Consumer Price Index and Index of Industrial Production by about one and a half hours. The data on the Consumer Price Index (CPI) and Index of Industrial Production (IIP) are currently released by the Ministry of Statistics and Programme Implementation (MOSPI) on the 12th of each month at 5:30 pm (the next working day if the 12th falls on a holiday in case of CPI) and the previous working day (if 12th falls on a holiday in case of IIP), an official statement said. According to the statement, to provide more time on the day of release to access CPI and IIP data, the MOSPI has decided to revise the release time for the CPI and IIP from 5.30 pm to 4.00 pm on the 12th of every month (the next working day if the 12th falls on a holiday of CPI) and the previous working day if 12th falls on a holiday, in case of IIP). The ministry explained that the new release

Lower salary increases, high interest rates will continue impacting urban demand, says Nomura

"Our concern is about the fluctuation of airfares. In the last year alone, airfares have increased by 40 percent. Airlines should not hike the charges exorbitantly and arbitrarily

The opposition Congress in Kerala has slammed Chief Minister Pinarayi Vijayan by questioning his silence on the alleged suicide of former Kannur ADM Naveen Babu following corruption allegations levelled against him by CPI(M) leader P P Divya. Kerala Pradesh Congress Committee (KPCC) chief K Sudhakaran and Leader of Opposition in the state assembly V D Satheesan both questioned why the CM was silent on the matter as he did not even convey his condolences to the bereaved family. Terming Babu as an honest and good officer, Sudhakaran alleged that the government was dragging its feet on investigating the matter. Similar allegations were made by Satheesan who claimed that Vijayan and his office were trying to save the culprits behind the alleged suicide of Babu. He also contended that the CPI(M) created a fake document to show Babu was corrupt and save Divya, the former Kannur District Panchayat President. Satheesan also sought to know why District Collector Arun K Vijayan kept silent

Higher food prices, fading base effect behind surge

It will help in CPI base revision and updating other macroeconomic indicators, say economists

The controversy surrounding senior Kerala police officer M R Ajithkumar's 2023 meeting with two RSS leaders continues, as the CPI, a key constituent of Kerala's ruling CPI(M)-led LDF, expressed displeasure on Thursday over his continued tenure as ADGP of law and order. In an article in the party mouthpiece Janayugam, senior CPI leader K Prakash Babu said that whether the meeting was official or personal, it is the responsibility of the ADGP to clarify. At the very least, such matters should be formally communicated to the police chief or the home department, he added. The CPI leader further said that if the ADGP is unwilling to do so, he should be removed from his position. "An officer who does not understand the pro-people stance of a people's government will lead the government into a crisis. This is the situation the ADGP has created," Prakash Babu remarked in the article. He said that there is no doubt among national left-wing political parties that fascism in India manifests