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To India, just for research-Basant Kumar Mohanty

-The Telegraph New Delhi: Top-notch foreign universities are looking to set foot in India to do research but not to open degree programmes, a trend local academics allege is aimed at identifying and luring away Indian talent instead of grooming it. The latest to join the bandwagon is the University of Chicago. It today announced plans for an "India Centre" in Delhi that will start operating from March and look to start...

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Nomura says slowing rural wages should bring inflation down

-PTI MUMBAI: Japanese brokerage Nomura today said with real rural wages moderating, both rural demand and inflationary pressures will moderate in the medium-term, giving the much-needed room to the Reserve Bank to lower interest rates. "Though rural wages continue to rise, the pace of growth is moderating. Growth in the average daily wage rate for agricultural labourers dipped to 13.1 per cent in August year- on-year, which is significantly slower than 18.5...

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What's cooking in inflation numbers?-Soumya Kanti Ghosh

-The Business Standard Changing aspirations and strong rural demand could explain why core inflation may not decline fast enough Recently, the Reserve Bank of India governor exuded confidence that the Indian economy will do fairly better in the current fiscal. While it is difficult to envisage a significant turnaround, we believe interpreting the recent inflation uptick may be the key to such optimism. We also think that inflation (both wholesale and retail)...

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Onion crisis to last 2-3 weeks: Pawar -Vishwa Mohan & Dipak Kumar Dash

-The Times of India NEW DELHI: Even as the Centre on Wednesday stepped in to import onion from China and Pakistan in a bid to cool down prices of the staple, Union agriculture minister Sharad Pawar warned that the crisis may continue for another two to three weeks. "Next two to three weeks will be tough. Ultimately, we have to find a solution. We have to import as early as possible," Pawar...

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Madurai’s dry pockets are turning green-L Srikrishna

-The Hindu Villages get infrastructure to conserve water and recharge wells Madurai: The district's dry pockets in the Usilampatti and Sedapatti blocks are alive with development activity aimed at mitigating the hardship faced by drought-hit farmers. Watershed and percolation ponds are being created in these regions. On the lines of initiatives taken by the National Bank for Agriculture and Rural Development (NABARD) and non-governmental organisations, the State government is establishing watershed projects to...

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