-PTI India is a society that is poor, but is respected for its scientific temper and research, and "we should not backtrack on that," the former World Bank chief economist said. Mumbai: Amid a debate over incidents of lynching, noted economist Kaushik Basu has warned that social damages could have a long-lasting impact on the economy than some wrong policy moves, “such as demonetisation”. Delivering the 23rd Lalit Doshi memorial lecture here...

-The Indian Express The study done independently by Rajendran Narayanan of the Azim Premji University said the money the government does not pay rural workers constitutes 57 per cent of the total compensation due to workers. An independent study on 92 lakh MGNREGA transactions across 10 states has found that the central government does not calculate or pay any compensation for a pART of the last-mile delay before money reaches bank accounts...

-PTI New Delhi: Foodgrain output in the ongoing 2017-18 kharif season is likely to surpass last year’s record of 138.04 million tonnes due to higher acreage and a good monsoon for the second straight year, Agriculture Secretary Shobhana K Pattanayak said today. So far, more than 80 per cent of the sowing of kharif crops — paddy, pulses, oilseeds, cotton, sugarcane and jute — has been completed and planting will continue in...

-The Hindu Business Line Policymaking has sensibly shifted away from banning the prescription of brand names More than three months after Prime Minister Narendra Modi fired the salvo on getting doctors to prescribe medicines using their generic names, the discussion seems to be on a slow burner. From the strident position that all doctors will have to prescribe medicines using their generic or chemical names, there appears to be a more reconciled acceptance...

-The Hindu Replacement of systems more than 7 years old, Centre’s digital push lead to cutting down on new installations A combination of factors, including cash crunch following demonetisation of high value notes announced in November last, have led to commercial banks cutting down on the number of automated teller machines (ATMs) pARTicularly those not located in branches (off-site ATMs), latest RBI data showed. According to Reserve Bank of India (RBI), there were...