-Livemint.com Indian Institute of Tropical Meteorology says there is a 54% probability that rainfall during the monsoon season this year will be 10 mm-per-day more than normal New Delhi: Weather scientists said they may have spotted signs of a normal, if not a good, rainy season this year, sparking hope among farmers and policymakers alike after two successive bad monsoons. With just three weeks to go for the India Meteorological Department’s (IMD’s) much-awaited...

-The Hindu Business Line MFIs are unable to address the needs of self-help groups. They have been hit by the falling growth of SHGs There has been a long-standing debate on the ability and effectiveness of the formal banking system as a vehicle for financial inclusion. The thrust has been to increase the number of small banks, as they play a very important role in the supply of credit to small business...

-Livemint.com Manufacturing is the biggest positive contributor to aggregate employment elasticity in the country, a fact which might appear counter-intuitive to many New Delhi: One of the biggest criticisms of India’s high growth trajectory this century has been its failure to generate jobs. Economists attribute this phenomenon to a decline in employment elasticity of output, which means that the same amount of output growth creates fewer jobs than it used to....

-The Times of India Kolkata: Here's good news for the city where several pockets are contaminated with arsenic-affected water. The Indian Institute of Technology-Kharagpur has developed an ultra-low cost eco-friendly laterite based arsenic filter for providing safe drinking water. The innovation has won Sirshendu De, the head of chemical engineering department, the Innovation Award 2016 from the Indian Desalination Association (South Zone). "In India and Bangladesh, it is generally agreed that arsenic contamination...

-Livemint.com A study reveals that such rainfall is influenced more by changes in conditions like local temperature and urbanization Hyderabad: The blame for extreme rainfall in India, a recurrent phenomenon in some cities, cannot be laid squarely on global warming and the El-Nino effect, perhaps. A study by the Indian Institute of Science (IISc) reveals that such rainfall is influenced more by changes in conditions like local temperature and urbanization. The study...