Inflating to 7%

So what is driving the current inflation in India? It is way above the comfort zone of 4.5% just like last year.

• I think the supply of basic commodities are well enough but there is a speculation or assumption that we are going to run low. Likewise, the global commodity prices will also have an impact. No wonder why Milk & vegetable prices are up.
  
• Did you see the gingiley oil prices recently? It has gone up from like Rs 100 to around Rs 160. Is this purely to do with the crude oil price increase?
• Obviously the per capita income in India has gone up & hence, the demand has also increased.

Let's see how Government is going to react.

Airport Compromise

With Shamshabad airport wide open for operations, the AP CM has made an initiative to reopen the "old" Begumpet airport for civil operations atleast for inter state flights.

That is in fact a good thought considering the time to commute to the new airport from inside the city which takes more than 2 hours & then to check in & other formalities another 1.5 hours while the total flight journey takens less than 0.5 hours...