-The Hindu Narendra Modi has to address not just the current stagnation in manufacturing but also look at ways of stimulating investments in the sector Prime Minister-designate Narendra Modi, it is said, sleeps just six hours a day. Even that could become a luxury as he buckles down to his job and begins the challenging task of turning around the economy. The economic legacy handed down to him by the United Progressive...
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WTO talks: Don’t harp only on fishery sops, says India -Amiti Sen
-The Hindu Business Line Tells US, others there must be progress in agriculture, industrial goods and services pacts NEW DELHI: India has said that negotiations on tightening fishery subsidies at the World Trade Organisation (WTO) pushed by the European Union, New Zealand and Chile should take place only after there is substantial progress in the areas of agriculture, industrial goods and services. Warning against ‘cherry-picking' of issues, the Centre said that the proposal...
More »Agri ministry estimates bumper foodgrain output
-The Business Standard Third advance estimate of 2013-14 says grain production to rise 2.8% India's total foodgrain production in the 2013-14 crop marketing season that ends in June is expected to be around 264 million tonnes, almost 2.8 per cent more than 2012-13, some relief to the next government at a time when monsoon rains are expected to be below-normal this year. According to the third advance estimate of 2013-14 agriculture production, released...
More »WPI inflation eases to 5.2% in April-Vrishti Beniwal
-The Business Standard Food articles inflation dips to 8.64% compared to 9.9% in March Wholesale Price Index-based Inflation fell by 0.5 percentage points to 5.2 per cent in April from 5.7 per cent in March, providing some relief to a new government amid other deteriorating macroeconomic numbers such as retail inflation and industrial output. All three major components of the index - food, fuel and manufactured goods - recorded moderation in inflation on...
More »India needs to do a lot more to effectively deal with El Niño fallout-Sanjeeb Mukherjee
-The Business Standard More, water levels in the reservoirs of southern India are below the 10-year average at 8.28 billion cubic metres As doubts mount over the impact of El Niño on the southwest monsoon season in 2014, India's preparedness to face a low rainfall situation seems to have improved in the past four-five years. However, there are many gaps to be plugged. For example, although the average water in major reservoirs across...
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