-The Hindu The deluge in Kerala was made worse by inefficient management of 34 dams The people of Kerala have braved the worst calamity since the great flood of 1924. The floodwaters have receded from most of the affected areas barring Kuttanad. Most people have gone back to their homes from relief camps, only to find them battered beyond redemption. As the State is coming back to a “new normal” after the...
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As Consumers Reel from High Fuel Prices, OMCs Make a Killing Off Inventory Gains -Noor Mohammad
-TheWire.in Indian Oil, BPCL and HPCL together made inventory gains of over Rs 12,000 crore in the April-June 2018 quarter alone as the price of crude rallied. New Delhi: Indian consumers of petrol and diesel may be reeling under high prices but oil marketing companies (OMCs) and the government are having a great time. The three state-owned companies – Indian Oil, BPCL and HPCL – together made inventory gains of over Rs 12,000...
More »Why are rural wages crawling when farm GDP growth is galloping -Gaurav Choudhury
-MoneyControl.com A continued property market slowdown and a vegetable glut may have pushed landless labourers back to villages, seeking daily jobs and depressing wage growth India’s gross domestic product (GDP) growth looks set to cruise along the 7-7.5 percent trail, partly aided by steady farm incomes and record harvests on the back of plentiful summer rains over the last three years. But it may still be early to open the bubbly yet. The...
More »Cause for caution: On India's GDP growth -Puja Mehra
-The Hindu India’s GDP growth continues to be powered by consumption, not investments A question being raised about the GDP estimates for the first quarter of this year (April-June) is: How should 8.2% GDP growth be interpreted in, or reconciled with, the overall context of some of the pronounced trends in the economy? These include the depreciating rupee, rising bank bad loans, or non-performing assets (NPAs), a trade deficit that has shot...
More »'Uneducated, unmarried women have less access to mobiles': study -Karishma Mehrotra
-The Indian Express The research shows that India’s mobile phone gender gap - 33 per cent - is among the highest in the world, surpassing several countries with comparable incomes, development levels, and mobile phone costs. New Delhi: Apart from economic constraints, social barriers like the level of education, marital status and the lack of empowerment prevent women’s access to mobile technology in India, suggests a study by the Harvard Kennedy School. The...
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