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ED scores over citizen's fundamental rights in Supreme Court ruling on Money Laundering Act
The Supreme Court verdict on the Prevention of Money Laundering Act (PMLA) lends more power to the ED and infringes on an individual’s fundamental rights
Retail inflation prints at 6.71% in July, declining for the third straight month
The drop in inflation in July is primarily attributed to easing global commodity prices given the looming recession fears. The international crude oil prices are down about 9% this month and below 100 dollars a barrel, hitting pre-Ukraine crisis lows. The fuel tax cut announced by the government has contributed to lower fuel price-based inflation. Restrictions on wheat exports and lower import duties have contributed to easing the pressure on food items.
Retail Inflation
It is a general rise in consumer price levels where a unit of currency effectively buys lesser goods and services. More commonly, people refer to inflation as "the rising cost of living".
Currency Performance
Data on Indian Rupee's performance against major global currencies - current and historical values, expert analysis and comparison with global peers.
Market Capitalisation
It refers to the total monetary market value of all companies listed on the nation's stock exchanges.
House Price Index
Data on India's residential house prices - quarterly and annual changes in house prices across cities, expert analysis and comparison with global peers.
Company Profile
Profiles of companies registered with the Ministry of Corporate Affairs (MCA) - by count, category, economic activity and spread across the states.
Forex Reserves
These are cash and other reserve assets held by the central bank that are primarily available to balance payments of the country, influence the foreign exchange rate of its currency, and to maintain confidence in markets.
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Tweet of the day
The BJP government admitted in Parliament today that since 2014, while 22 crore youth applied for jobs, the Central govt. was able to provide only 7.22 lakh jobs. #unemployment #TalkingPoint pic.twitter.com/QCudxeuQyr
— The Mirrority (@TheMirrority) July 28, 2022
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