But non-farm income keeps economy afloat   New Delhi, April 25: The rural growth story is slowly losing sheen because of inflation and rising input costs. In fact, rural price level is higher than urban price level. The March Consumer Price Index number for rural India stood at 116.3, while that for urban India stood at 114.6. Mr Ajay Sriram, Chairman and Senior Managing Director, DCM Sriram Consolidated Ltd, says the rural growth...

At Old Seelampur, an impoverished neighbourhood in Northeast Delhi, rows of hollowed-out computer monitors line a dingy lane. On another street here, room after room on either side is piled high with dusty keyboards and metallic innards of computers and other electronic goods. Welcome to the wasteland of India’s urban refuse. Here, heaps of electronic waste — or e-waste as it is more commonly referred to — wait to be dismantled...

For three days in the last week of March, the United States Supreme Court heard arguments on the Affordable Care Act. No Federal law in the U.S. in recent memory has aroused such bitter controversy. If it is struck down as unconstitutional, President Barack Obama's prestige will suffer. He is due for re-election in November. Very many think the court will rule against him in June. The core of the law...

Former Karnataka Chief Minister B S Yedduruppa might face CBI probe for his role in illegal mining The Supreme Court has allowed 45 iron-ore mines in Karnataka to resume operations. The decision came after the apex court-appointed Central Empowered Committee (CEC) found that there was no illegality or only minor ones in their operations. The mines include those of the National Mining Development Corporation (NMDC), Mineral Enterprises Limited and Mysore Minerals...

-The Economic Times   On Saturday, Bengal chief minister Mamata Banerjee told New Delhi that it had 15 days to announce a debt-relief package for the state. She did not specify what would happen after the deadline, but said that her patience was wearing thin.  The Centre cannot give in to such blackmail. Banerjee doesn't have to bother about the huge risk that this demand creates. The Centre has few powers to write...