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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.
Global Gender Gap Report
A report published by the World Economic Forum (WEF) designed to measure gender-based gaps in access to resources and opportunities in countries.
Oil & Gas
Data on India's Oil & Gas sector - current and historical values on production, consumption, pricing and reserves, including statistics, expert analysis and comparison with global peers.
Index Of Infrastructure Output
A combined index that measures the production performance of Eight Core Industries: refinery, electricity, steel, coal, crude oil, natural gas, cement and fertilizers.
Foreign Investment Inflows
Data on India's Foreign Investment Inflows - current and historical values on FDI inflow and outflow, repatriation, foreign portfolio investment.
Current Account
A nation's current account records its transactions with the rest of the world - specifically its net trade in goods and services, net earnings on cross-border investments, and its net transfer payments over a defined period.
Wholesale Inflation
It measures the changes in the wholesale price of basket of 697 goods. The quantum of rise in the WPI month-after-month is used to measure the level of wholesale inflation in the economy.
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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
Stat of the Day
