-The Telegraph New Delhi: The countrywide monsoon rainfall this season was three per cent below average instead of the predicted six per cent above average, but it was distributed well enough to promise good crop yields, scientists said. An end-of-season analysis by the India Meteorological Department (IMD) shows that the quantum of the all-India rainfall was about 97 per cent of the long-period average. It also reveals that 27 of the country’s 35...

-PTI New Delhi: The Comptroller & Auditor General of India (CAG) may do a performance audit of the just-ended black money disclosure scheme, but will not get into the disclosures made. As much as Rs 65,250 crore of undeclared assets were declared through 64,275 declarations in the one-time four-month compliance window provided under the Income Disclosure Scheme (IDS), which closed on September 30. ”The information filed under the IDS is confidential and will...

-The Financial Express There are several facets to India’s weak pulse economy. Nevertheless, it is a glorious moment for the country as pulse production is expected around 22 million tonnes in FY17 surpassing all previous records. According to the initial estimates of the agriculture ministry, kharif production will reach 8.2 million tonnes against 5.4 million tonnes recorded in the last fiscal. This would be possible due to higher allocation of land to...

-Livemint.com Contrary to popular perception, it’s not because of good luck or necessarily a large growth sacrifice; policymakers deserve more credit than they get One of the most visible macroeconomic successes in India over the last three years has been the sustained moderation of headline consumer price index (CPI) inflation. CPI (industrial workers) averaged 9.5% for six years between 2007 and 2013. For the last 30 months, however, it has averaged...

-Hindustan Times Jaipur: Three-year-old Pawan of Dhaikheda village in Salumbder block of Udaipur district loves his new routine. He goes to a phulwari, a day-care centre, in Medifala under Bedawal gram panchayat every day at 9 am where he gets three meals, plays with toys as young tribal women from the area read out to him poems and stories. His two sisters had died of malnutrition. Pawan too was diagnosed with acute...