The quarterly Survey of Professional Forecasters conducted by the Reserve Bank of India (RBI) revised India's gross domestic product growth downwards to 6 per cent for 2009-10 from 6.5 per cent in the previous round of the survey. However, the survey has estimated that corporate profits are set to rise in the current fiscal. According to the RBI, the highest probability of 37.5 per cent is assigned to growth range...
More »SEARCH RESULT
Total Matching Records found : 648
Inflation doubles as food prices go up by Sujay Mehdudia
Amid concerns that the Reserve Bank of India (RBI) could tighten its monetary policy in January 2010, inflation during October more than doubled to 1.34 per cent, as compared to 0.5 per cent a month earlier, mostly due to the rising cost of essential food items. In the first monthly data released by the government on Saturday, the build-up inflation in the financial year so far was 6.13 per cent...
More »Rising prices: What is the govt doing? by Paranjoy Guha Thakurta
The spectre of inflation has returned to haunt India. It is not even six months since the United Progressive Alliance (UPA) government returned to power but its inability to control food prices is arguably its single biggest failure till now. The inflation rate will eventually come down sometime in the (hopefully) not-too-distant future and the government will surely take credit for bringing prices down as and when that happens. But...
More »Father of green revolution no more with us
World leaders have mourned the sudden demise of Norman E Borlaug on 12 September, 2009 in Texas, United States. He was 95. He is remembered for his role in bringing green revolution technology that increased food production in ‘hunger’ belts of the world during the 1960s and 1970s. His contribution to India’s self-sufficiency in foodgrain production is well-known. It is his work that earned him the popular title of the...
More »Richer states, poor performance, in reducing malnutrition
We normally assume that malnutrition is a disease of the poorer states, which the richer states are in the process of curing. It now transpires that malnutrition among women and child undernourishment, two essential markers of human development, are rampant in richer states as well. States with high per capita incomes such as Gujarat and Haryana have performed poorly in transforming the growth they have experienced into the well-being of...
More »
