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Raghuram Rajan among probables for Nobel Prize for economics: The Wall Street Journal

-PTI NEW DELHI: Former RBI Governor Raghuram Rajan features in the list of probables for this year's Nobel Prize in Economics, The Wall Street Journal has reported. He is one of the six economists on the list of probable winners compiled by Clarivate Analytics, a company that does academic and scientific research and maintains a list of dozens of possible Nobel Prize winners based on research citations. The entry to the list does...

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Pesticide deaths stalk Yavatmal fields: 18 dead, over 800 farmers in hospital -Vivek Deshpande

-The Indian Express The Agriculture Department has meanwhile rushed two ‘Quality Control’ probe teams to Yavatmal and Akola to check if some of the pesticides were spurious. Yavatmal (Maharashra): Devidas Madavi, 57, a farm hand from Kalamb town in Yavatmal district, took up the job of spraying pesticides for the first time this year. By August 19, 12 days after he had used a can to spray pesticides in the cotton fields...

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Mixed Signals from the External Sector -CP Chandrasekhar

-NetworkIdeas.org A slew of numbers released recently point to rather peculiar and contrary trends in India’s balance of payments. Exports have revived but the trade and current account deficits widen, pointing to an excess of foreign exchange expenditure relative to earnings. While the widening current account deficit points to a weakening balance of payments position, foreign exchange reserves are at record levels. The foreign exchange reserve increase is funded largely by capital...

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Shaktikanta Das, former economic affairs secretary, interviewed by Sidhartha & Surojit Gupta

-The Times of India Former economic affairs secretary Shaktikanta Das , who played a key role during the demonetisation drive, spoke to TOI's Sidhartha & Surojit Gupta, four months after retiring from service in May. He says he does not agree with the criticism that implementation of demonetisation had serious shortcomings. Excerpts: * What is your assessment on the state of the economy? The macroeconomic parameters, except the growth figures which are down...

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Digital transactions rose 13.5% to Rs.124.69 tn in September: RBI -Komal Gupta

-Livemint.com Digital transactions rose 13.5%—from Rs109.82 trillion in August to Rs124.69 trillion in September, the second highest for a month since the demonetisation exercise New Delhi: Digital transactions in September rose to the second highest monthly level by value since the government’s demonetisation exercise in November. Transactions THRough digital means rose 13.5% to Rs124.69 trillion in September from Rs109.82 trillion in August, according to provisional data released on Wednesday by the Reserve Bank...

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