Is Eating Meat Indian Culture? It Always Has Been

A controversy has broken out after an organisation linked to the Rashtriya Swayamsevak Sangh (RSS) demanded that only vegetarian food be offered to students at India’s elite Indian Institutes of Technology(IIT).   The Centre has forwarded the protest letter, one of more than 20 received, to IITs with a covering note, asking them to consider … Continued

RBI Hikes Rate, Continues Inflation Battle

The Reserve Bank of India (RBI) today hiked the repo rate – the interest rate banks pay when they borrow funds from the central bank – by 0.25% in its battle to control inflation.   The repo rate now stands at 8% per annum. The reverse repo rate, the rate RBI pays to commercial banks … Continued

Inflation Below 10%, Seriously?

It might be difficult to believe that consumer price inflation (CPI) was below 10% in December, 2013 as claimed by the Government when it released the data on January 13, 2014.   Not that a per cent here or there matters much to the monthly budget because it only seems to rise. Nevertheless, it’s worth looking at what … Continued