-The Hindu Business Line Trade deficit widens as imports rise; exporters worried about future New Delhi: A fall in exports of gems & jewellery, petroleum products, readymade garments and farm products pulled down India’s overall exports (year-on-year) by a marginal 0.6 per cent to $29.11 billion in March 2018. Exporters are worried as several of the sectors that have taken a hit are labour-intensive, which they say is due to liquidity problems. Exports, however,...

-The Hindu Business Line New Delhi: Giving direct INCome support (DIS) to farmers — similar to what Telangana recently launched — may be a better option than the price deficiency payment (PDP) scheme or higher minimum support price (MSP) to address farm distress, according to a new study. Paying higher MSP based on cost-plus pricing would lead to market distortion. PDP schemes such as Bhavantar Bhugtan Yojana (BBY), which was in force...

-The Hindu Business Line Ahmedabad: Ahead of the kharif sowing season, Gujarat is facing a cash shortage as banks have started receiving lesser cash than required from the RBI. This has resulted in the rationing of cash disbursements at several banks in parts of Gujarat, mainly in the north. Banking sources confirmed experiencing cash shortage at the currency chest level from where the disbursement of cash takes place to the bank branches. There...

-Livemint.com Plant varieties and seeds cannot be patented under Indian law by companies like Monsanto, and any royalties on GM crops will be decided by the agriculture ministry, says Delhi high court New Delhi: Plant varieties and seeds cannot be patented under Indian law by companies like Monsanto INC., and any royalties on genetically modified (GM) technology will be decided by a specialized agency of the agriculture ministry, the Delhi high court...

-The Telegraph Calcutta: Calcutta High Court on Thursday stalled the panchayat election process and asked the state election commission to explain by Monday what it had done about the complaints of prospective Opposition candidates being prevented from filing nomination. "Till the court passes any further order on this issue, the state election commission is directed to stall the election process," Justice Subrata Talukdar said in an interim order on a BJP petition. This...