-The United Nations The global economy is expected to strengthen over the next two years, despite a downgrade of growth prospects for some developing countries and transition economies, and "stubbornly slow" job growth, according to the United Nations World Economic Situation and Prospects 2014 mid-year update launched today in New York. "More than five years after the financial crisis, the world continues to struggle with getting the global economic engine back to...
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Why voters punished UPA-Himanshu
-Live Mint If anything, the UPA has been punished by the voters for moving away from its core agenda of entitlement-based politics The victory of the Bharatiya Janata Party (BJP) in the 2014 elections will remain a watershed moment for Indian democracy in many ways than one. Coming at a time when the economy is in a serious mess, the victory of the BJP and the defeat of the Congress party and...
More »Seeds of doubt in Gujarat's agri story-Sanjeeb Mukherjee
-The Business Standard Different economists have arrived at varying figures to assess the state's agricultural growth. The author tries to understand the rationale behind these conflicting numbers As Narendra Modi, having led the government in Gujarat for 13 years, heads to New Delhi to try and replicate what is called the Gujarat model on a national level, the country's leading agriculture economists are engaged in a fascinating debate over the agriculture growth...
More »WPI inflation eases to 5.2% in April-Vrishti Beniwal
-The Business Standard Food articles inflation dips to 8.64% compared to 9.9% in March Wholesale Price Index-based inflation fell by 0.5 percentage points to 5.2 per cent in April from 5.7 per cent in March, providing some relief to a new government amid other deteriorating macroeconomic numbers such as retail inflation and industrial output. All three major components of the index - food, fuel and manufactured goods - recorded moderation in inflation on...
More »India needs to do a lot more to effectively deal with El Niño fallout-Sanjeeb Mukherjee
-The Business Standard More, water levels in the reservoirs of southern India are below the 10-year average at 8.28 billion cubic metres As doubts mount over the impact of El Niño on the southwest monsoon season in 2014, India's preparedness to face a low rainfall situation seems to have improved in the past four-five years. However, there are many gaps to be plugged. For example, although the average water in major reservoirs across...
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