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WPI inflation hits 5-year low of 2.38% on cheaper food prices

-The Hindustan Times India's wholesale inflation rate plunged to 2.38% in September, the lowest in five years, aided by a sharp drop in vegetable and petrol prices, data released on Tuesday showed, rekindling hopes that the Reserve Bank of India (RBI) will cut interest rates soon. The more than one percentage point drop in wholesale inflation rates over August's 3.74% should bring cheer to the NDA government, which rode to a Landslide...

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Gogoi says give us J&K treatment and Rs 1,000 crore -Samudra Gupta Kashyap

-The Indian Express Guwahati: Assam Chief Minister Tarun Gogoi Thursday requested Prime Minister Narendra Modi to release Rs 1,000 crore as immediate relief to flood-hit Assam, where at least 37 people have died so far. Earlier in the day, Gogoi had complained that the Centre's response to the Assam floods was not as prompt as it was in the case of Jammu & Kashmir. While asking for the Rs 1,000 as immediate aid,...

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Flood waters recede in J&K; over 50,000 rescued, many still feared trapped

-IANS SRINAGAR: More than 50,000 people have been rescued so far, but hundreds are still trapped here as the flood waters receded on Wednesday. Officials said 215 people have died in the Jammu & Kashmir floods. "Unless the flood waters recede completely, and we are able to reach all the submerged areas, we cannot be sure about the exact toll in these floods," a top state official said. Many are trapped in the...

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How the monsoon has changed -Sunita Narain

-The Business Standard Every year, like clockwork, India is caught between the spectre of months of crippling water shortages and drought and months of devastating floods. In 2014, there has been no respite from this annual cycle. But something new and strange is indeed afoot. Each year, the floods are growing in intensity. Each year, the rain events get more variable and more extreme. Each year, economic damages increase -...

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Monsoon floods hit Uttar Pradesh

-The Business Standard/ Agencies   1,500 villages under water; Assam, Bihar too affected  Lucknow/ New Delhi: Floods triggered by heavy rains in the Himalayas have inundated nearly 1,500 villages in Uttar Pradesh, killing at least 28 people and leaving thousands homeless, officials said on Sunday. Thousands were marooned in villages across nine districts of Uttar Pradesh, where the release of water from overflowing dams in neighbouring Nepal has added to the impact of the...

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