-Livemint.com Retail inflation decelerated sharply to 5.05% in August, while industrial production contracted by 2.4% in July, the lowest in eight months New Delhi: India’s new macroeconomic numbers, the last before the Reserve Bank of India (RBI) meets for its 4 October review of monetary policy, pose a dilemma for its new governor Urjit Patel. Retail inflation decelerated sharply to 5.05% in August, while industrial production contracted by 2.4% in July, the lowest...

-The Hindu Business Line June IIP up, but manufacturing grows just 0.9%; retail inflation hits 6.07% in July New Delhi: A barely growing manufacturing sector and a surging inflation dealt a double-whammy to the economy. Retail inflation surged to 6.07 per cent in July, overshooting the government and central bank’s comfort zone of 5 per cent, even as manufacturing growth remained almost standstill at 0.9 per cent in June. Yet, the Index of Industrial...

-Hindustan Times New Delhi: In chasing higher and higher GDP growth rates, India tends to gloss over two vital facts. One, farm growth cuts poverty twice as fast as industrial growth. Two, a 1% rise in agricultural output raises industrial production by 0.5% and national income by 0.7%, according to one calculation. In other words, the country’s fortunes are structurally tied to its farmers. Two-thirds of Indians rely on a farm-based income....

-The Hindu To develop genes that can be integrated into traditional varieties for larger outputs The Union government is working to develop a suite of Bt cotton genes that can be integrated into traditional varieties and be made available to farmers as a viable alternative to the current technology, which is largely sourced from Mahyco Monsanto Biotech India Ltd. (MMB). The Indian Council of Agricultural Research has for many years unsuccessfully tried to...

-PTI Increase in temperature will have "profound implications" on agriculture and water resources in this state located in central India where agriculture remains a major sector and source of livelihood. Ahmedabad: Madhya Pradesh is likely to see 1-1.2 degree Celsius rise in temperature by 2045, bringing more droughts that will pose “enormous” pressure on agriculture, water resources, infrastructure and energy sectors, according to a study. The study, “Climate Change in Madhya Pradesh: Indicators,...