-PTI Mining output fell 3.4% in April-August compared to a dip of 1.8% a year ago, due to SC ban on mining in Karnataka and Goa The Planning Commission has convened a meeting of ministries concerned next month to discuss the issues related to mining, including the ban on such activities in some states. "We have called a high-level meeting of the ministries concerned next month to discuss the issues related to mining...

-PTI Unemployment rate rose sharply in Agra, Ludhiana and Meerut during the five year period ending 2009-10, although overall it has come down in cities and towns in the country, according to a government study. The unemployment rate in Agra rose from 0.2 per cent in 2004-05 to 5.5 per cent in 2009-10, revealed the National Sample Survey Organisation (NSSO) on Employment and Unemployment Situation in cities and towns of India. The unemployment...

-The Hindu It was the visible hand of the state rather than the invisible hand of the market that helped the developing world catch up with the industrialised countries The emerging significance of developing countries, which gathered momentum after 1980, is beginning to shift the balance of power in the world economy. It could lead to a profound transformation in the next 25 years. This unfolding reality must be situated in the...

-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)...

-The Economic Times That India has had an excellent monsoon is a given, as is the prognosis that it will more than double agricultural growth from the lowly 1.9% seen in the last fiscal year. The happy tidings on the farm front won't end there. The joy could actually multiply by the last quarter of this fiscal year because abundant rains will benefit the increasingly important winter rabi crop more than...