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What if El Nino materialises in 2023? - Vinson Kurian

Hindu Businessline El Nino is one piece in the mammoth jigsaw puzzle that the Pacific Ocean and its seasonal climatic patterns typify. Being the largest single body of water, the Pacific has an outsized influence on weather and climate across the globe. During El Niño, trade winds weaken and warm water gets pushed back East of the Pacific, towards the West coast of the Americas.  Generally, El Niño occurs more frequently than...

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Oil Imports From Russia in The First Nine Months of 2022-23 Are More Than 9 Times import in the previous year - Bharath Kancharla

Data indicates that the overall imports from Russia in the first nine months of 2022-23 are already more than the thrice the value in the whole of 2021-22. In the case of petroleum products, this is more than 9 times.  Factly.in Factly.in, using data from the Department of Commerce's Export-Import Databank, has estimated that from April-December 2022, the total value of all imports from Russia was worth $32.82 billion, a majority of...

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Consumer sentiments improve but still too low - Mahesh Vyas

Centre for Monitoring Indian Economy Consumer sentiments improved in January 2023. CMIE's Index of Consumer Sentiments (ICS) reached 83.9, which is the highest since sentiments were hit severely by the Covid-19 induced lockdowns. The ICS, however, continues to remain lower than its pre-pandemic level. The ICS was at 105.3 in February 2020.  The recovery in consumer sentiments from the pandemic has been the slowest among all economic indicators. While most production indicators...

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In the Age of False News: a Murdered Journalist and an Unfinished Investigation in India - Forbidden Stories

In 2017, journalist Gauri Lankesh was assassinated in Bangalore days before she planned to publish an article about disinformation. Over five years later, Forbidden Stories pursued Lankesh’s work on fake news and explored new leads in her murder case Phineas Rueckert & Srishti Jaswal - Forbidden Stories Oishika Neogi - Confluence Media Prajwal Bhat - Newsminute Laura Höflinger - Der Spiegel  On September 5, 2017, as 55-year-old journalist Gauri Lankesh walked up to the entryway...

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Agriculture doesn’t get its due in budget - Kedar Vishnu, Ashish Andhale

Deccan Herald Many economists expected a massive allocation for the agricultural sector in the budget, especially after the repeal of three farm law bills.  However, the agricultural sector allocation decreased drastically from Rs 1.33 lakh crore in the Union Budget 2022–23 to Rs 1.25 lakh crore in 2023–24. It received only 3.78 per cent of the total budget share in 2021–22; this was reduced to 3.36 per cent in 2022–23 and further...

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