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Vegetable prices rise 50 per cent owing to bad weather -Madhvi Sally

-The Economic Times NEW DELHI: Vegetable prices have risen up to 50% in Delhi, Mumbai and other parts of the country as farms near the Yamuna river in northern India are flooded, while dry weather in many parts of western India have hit output. The deluge in parts of northern India has also wiped out muskmelon and watermelon apart from hurting the mango crop. Traders said it would take two to four...

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South tops in bank access; Maharashtra, Gujarat below national average

-The Times of India NEW DELHI: Southern states have emerged on top on financial inclusion parameters, while the East and some of the developed states of the West - including Gujarat and Maharashtra - are below the national average. A new index on financial inclusion released by ratings and analytics firm Crisil on Tuesday showed that Puducherry topped the list, followed by Chandigarh and Kerala. In fact, most of the top slots...

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Private weather forecasters contest Met Department's early monsoon theory -Madhvi Sally

-The Economic Times NEW DELHI: The weather office may have jumped the gun in declaring last week's torrential rainfall in northern India as monsoon showers. Private forecasters say the devastating downpour was a freak pre-monsoon phenomenon that has been followed by dry weather. The India Meteorological Department insists that monsoon rains arrived two weeks early, but private forecaster Skymet says the claim is debatable. It says northern India will get the next...

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Indian drug makers face heat of US regulator's crackdown-Sushmi Dey

-The Business Standard Data also show that several other leading domestic pharma companies have recalled their products from the US Frequent drug recalls, warning letters and import alerts from the US in the recent past have turned into a major concern for the Indian pharmaceutical industry and investors. While Ranbaxy Laboratories recently pleaded guilty before the US authorities for its wrongdoings in the past, the crackdown on the drug companies seems to...

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UN warns India against disaster risks in major PPP projects -Pradeep Thakur

-The Times of India NEW DELHI: A United Nations (UN) report has warned India that it is at greater risk by opting for public private partnership (PPP) mode of investment for raising its public infrastructure where the government has less control over its executing private partners and the latter has little interest in long term safety of the projects. A UN study, the Global Assessment Report (GAR) on disaster risk reduction, released...

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