-The Economic Times With a weak monsoon, farmers and farm labour, agri-investors and policy makers, everyone is looking up in the sky and praying for more water to pour. Farm analysts are debating whether this will lead to a drop of 16 million tonnes of foodgrain, as it happened in 2009, or 38 million tonnes, as it did in 2002. NCAER is projecting 20 million tonnes drop in grain production in...

Nobel laureate Amartya Sen believes that Team Anna's reading of corruption or what causes corruption or how it can removed is wrong, and that they need to look at how the economic system operates.   In an exclusive interview with CNN-IBN Deputy Editor Sagarika Ghose, Nobel laureate Amartya Sen said that instead of fasting and protesting, one should try and change the systems that provided incentives for corruption. Below is the transcript of...

-The Times of India A year after trying to provide a dignified life to sex workers, the Supreme Court on Thursday said its orders should not be construed as an encouragement to prostitution. The clarification came from a bench of Justices Altamas Kabir and Gyan Sudha Mishra after additional solicitor general P P Malhotra drew the court's attention to its July 19 order in which it had sought suggestions from the SC-constituted...

Union minister for consumer affairs, food and public distribution KV Thomas tells Nitin Sethi that it makes better sense to distribute stocked foodgrain to people of the country than subsidise exports. Possible spread of drought that the government is looking at... At the moment, monsoon rainfall is 23% below the long term average. But we have to wait another 15 days to know the full situation. We had discussion in the presence...

-The Hindu In the summer of 2011, production at Maruti Suzuki’s Manesar plant ground to a halt, as workers agitated to set up a union independent of the Maruti Udyog Kamdar Union that represented workers at the company’s plant at Gurgaon. The strikes and lockouts eventually dragged on till the fall, and cost the company approximately $500 million in lost production. On Wednesday, nine months after the company finally agreed to recognise...