-The Hindu Industry seeks control on yarn prices, permission to export cloth Nearly three-fourths of the 9 lakh powerloom units in Maharashtra’s Bhiwandi have been on strike since Monday, leaving as many workers jobless and per-day losses of about Rs 150 crore, estimate textile industry associations. The strike has brought half of India’s powerloom sector to a halt, they say, since it comes over and above the production cutbacks in place since...

-Frontline As rural Karnataka reels under an unprecedented wave of suicides by farmers, the State administration looks on, unwilling to address the reasons that have rendered rural livelihoods fragile. DEATH stalks rural Karnataka. In the 41 days between July 1 and August 10, as many as 245 farmers committed suicide, an average of six a day; since April 1, 284 farmers have taken their lives. As a bewildered State government gropes...

-Business Standard CRISIL Ratings identifies four states and five crops at highest risk to deficient monsoon Within the next 40 days, the southwest monsoon will formally start retracting from the Indian mainland, ending its four-month journey over the country, pounding some parts with excess showers, but could leave almost 30 per cent of the country with deficient or less-than-normal rains, unless there is an abnormal pickup in the coming weeks. That looks highly...

-Hindustan Times India’s June-September monsoon has been deficient so far and quite uneven in its spread, with the rain-bearing system entering a phase that will largely determine whether the country can escape a drought for the first time in six years.   Overall, rains have been 9% lower than normal, with sharper deficits in some areas. Rainfall during August-September, the remaining two months of the rainy season, would be poor at 84%, the...

-The Hindu Business Line Raw silk duty cut triggers sharp fall Bengaluru: Unable to deal with mounting debts amidst diminishing returns from his three-acre farm, Siddaramu, a sericulture farmer in his mid-fifties at Abburdoddi near Channapatna, committed suicide recently in his silkworm rearing house. The trigger for this unfortunate incident was the crash in silk cocoon prices and the issuance of recovery notice by the bank, says Chandramma, his wife. Other crops too failed Siddaramu,...