Brace for price rise after fuel hike; inflation may increase 10-25 bps, RBI likely to reassess projections for yr

NEW DELHI: The increase in retail prices of petrol and diesel is expected to drive headline inflation print by 10-25 basis points (bps) in the coming months, with analysts cautioning that cascading impact of higher fuel costs could force RBI to reassess its inflation projections for the year.Several companies, which were holding on to price…

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Monsoon likely to hit Kerala on May 26: IMD

NEW DELHI: Monsoon is likely to arrive in Kerala on May 26, IMD said Friday, forecasting an early start to the rainy season in India. Monsoon normally sets in over Kerala on June 1, give or take seven days.“This year, the southwest (summer) monsoon is likely to set in over Kerala on May 26 with…

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Bhojshala verdict validates Muslims’ fears: Jamiat

NEW DELHI: Noting that the Madhya Pradesh HC order declaring the disputed Bhojshala complex a temple only validated the fears and concerns they had raised since the 2019 Ayodhya verdict, the Jamiat Ulama-i-Hind (JUH) on Friday released a report arguing that Supreme Court’s interpretation of Places of Worship Act revealed how “deeply majoritarian politics has…

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