-The Economic Times The crisis of the euro, a current account deficit of over 4%, double-digit inflation, corruption in governance and a failing political system. It would not be unfair to say that these factors have combined in varying degrees at different times to lead to the conclusion that the globally-acclaimed India growth story seems to be heading for an unhappy ending. Many have labelled this - unfairly, I think - as...
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Diesel price hike likely after presidential polls
-NDTV India is likely to raise diesel prices after the presidential polls on July 19, an oil ministry official said on Thursday, as the government attempts to cut the amount of money it pays out to keep prices lower. "This has been the thinking for quite some time," that a price rise could come after presidential polls, the official said, requesting anonymity. "It is inevitable. By how much I can't say," he added. The...
More »Monsoon revival or mirage?-Rajan Alexander
-MoneyLife.in Less than a week ago, the rainfall deficiency was nearly 50% of average. In a span of just six days, the deficiency was cut almost in half. Combine this feat with the fact that monsoon covered the entire country, four days earlier than normal and how does the glass now look? This is one season, so unpredictable that explains the heightened media interest in the monsoon progress. Much has been hyped...
More »Increased productivity needed to improve food security–UN report
-The United Nations Higher demand for food due to population growth, urban migration and other factors will require countries to increase their productivity, according to a new report co-authored by the United Nations, which warns that without more supplies, prices will rise significantly. “Higher demand will be met increasingly by supplies that come to market at higher cost. With farmland area expected to expand only slightly in the coming decade, additional production...
More »Jharkhand parties join tribals protest against land for IIT, IIM
-Deccan Herald Two opposition parties in Jharkhand – the Congress and the Jharkhand Vikas Morcha Prajatantrik (JVMP) and ruling alliance partner, Jharkhand Mukti Morcha on Tuesday lend support to tribal villagers protesting against the government. They were up in arms against the government for regaining possession of 227 acres of land for building an IIT, an IIM and a law university which had been illegally occupied by them for farming. Former chief minister...
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