-Livemint.com Amid all the gloom, the lower inflation rate and commodity prices could bring some respite With the southwest monsoon retracing, concerns about the deficiency of rainfall and its impact on the economy are increasing. The 15% rainfall deficit makes it the second consecutive year of less-than-normal monsoon dotted with some unseasonal showers. Together, this would have multiple ramifications on economic growth. Both macroeconomic and sectoral analysts have turned cautious and some...

-The Hindu Overall, industry bodies are positive about the ongoing contraction in inflation, but there is some wariness regarding deflation. Wholesale price inflation contracted for the tenth consecutive month, coming in at -4.95 per cent in August compared to -4.05 per cent in July. This follows Chief Economic Adviser Arvind Subramanian’s comments cautioning that India’s economy could be nearing deflationary territory. The data also comes two weeks before the Reserve Bank of...

-The Hindu Business Line A valuable account of how holistic, small-farmer based agriculture can show the way MS Swaminathan is well known as the key architect of India’s Green Revolution in the mid-1960s and an all-time crusader against hunger and food insecurity. His latest book, entitled Combating Hunger and Achieving Food Security, broadly shows the road map for a hunger-free and food-secure India. The book has 30 chapters, each suggesting some sweet...

-PTI 'No country is a top performer in every sub—pillar' Geneva: India has been ranked very low, mostly in the bottom half, globally on most of the parameters for inclusive growth and development even as it fares much better internationally when it come to business and political ethics. In a first of its kind global rankings, across different groups of countries in terms of their per capita income levels, the World Economic Forum...

-Livemint.com With barely weeks left for the to begin its retreat, it is emerging that India will close the year with a deficit much higher than what was initially forecast  Another year and another bad monsoon. What were the odds? The India Meteorological Department (IMD) forecast this year’s monsoon—like last year—to be below normal. At that time, we all hoped that the IMD had got it wrong—the economy was on the...