Economy
INFLATION WATCH
AFTER maintaining an upward movement for nine successive weeks, the annual rate of inflation measured in terms of the wholesale price index (WPI) on a point-to-point basis declined marginally to 5.94 per cent for the latest recorded week ended April 29. It had shot up to a 71-week high of 6.10 per cent in the preceding week.

UP to get World Bank aid for strengthening reforms
THE Uttar Pradesh Fiscal Governance Reform and Public Sector Restructuring programme, aimed at carrying out multi-sector reforms in the State with an assistance of $251.3 millions, is to be kicked off shortly.

Kerala objects to finance panel suggestion
THE Kerala Government has expressed strong reservation with regard to the additional term of reference of the Eleventh Finance Commission.

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