-Live Mint FDI in Retail and modernization of agriculture are two faces of the same coin In the season of elections animal spirits rule. India's equity markets have been ebullient for some time now. Spurred by a robust inflow of foreign investment capital, markets have reacted favourably. A lot now depends on the ability of the next government to enact meaningful structural reforms, especially in a sector such as agriculture that requires...
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Real cure for Inflation headache: Fix rural infrastructure, process more food
-The Economic Times Inflation - Retail as well as wholesale - has increased in March over relatively benign levels in February. At 5.7%, the growth of inflation based on the wholesale price index ( WPI) was at a three-month high, compared to a ninemonth low of 4.7% seen in February. The Reserve Bank of India (RBI) now sets policy rates by looking at inflation based on the consumer price index (CPI)....
More »Winnowing fact from rhetoric: A look at what figures tell of UPA's regime-Maitreesh Ghatak
-The Economic Times There is a narrative that the UPA's rule at the Centre led to an economic disaster, especially in the second term. In contrast, Gujarat has prospered, thanks to Narendra Modi's good governance. We have several problems with this. First, through UPA's first term and about halfway into its second, many economic indicators critics like to harp on were much better than those during the NDA days. This is true...
More »Retailers call BJP manifesto a poll gimmick-Nivedita Mookerji & Nayanima Basu
-The Business Standard FDI in multi-brand Retailing could be reversed if the party forms govt; India Inc seeks review of manifesto The Bharatiya Janata Party manifesto decision to oppose foreign direct investment in supermarkets has made the sector more wary. The United Progressive Alliance' policy to allow 51 per cent FDI in multi-brand Retail in September 2012 could be reversed if the BJP comes to power at the Centre. "The policy can be...
More »Poor harvest and EU ban on Indian mangoes worry farmers -Vinaya Deshpande
-The Hindu Mumbai: The season of the king of fruits - Alphonso mangoes - has finally arrived, but not with a bang. This year, varying weather conditions have led to a loss of at least 60 per cent crop, say farmers. But the customers may not feel the pinch till the end of May, as the peak season is to begin only next month. "I expect the prices to come down next...
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