-The Hindu The next few quarters call for focus on consumption, private investment, agriculture and exports There was a collective sigh of relief when the second quarter GDP data were released officially by the Central Statistics Office (CSO). The government folks were relieved that a declining trend of four consecutive quarters of growth had finally been reversed. The forecasters and economists were relieved that the announced data had mostly conformed to their expectations....

-Hindustan Times Mumbai was third on the list behind Bangalore, with 39,617 cases, but the number declined as compared to 2015 when 42,940 cases were registered. Maharashtra has earned itself the dubious distinction of being the “most corrupt state” for the third year in a row. The National Crime Records Bureau (NCRB) data, which was released on Thursday, revealed that there were 1,016 cases of corruption registered in 2016 in the state,...

-PTI New Delhi: As Delhi and its neighbours spar over stubble burning, a Centre-run monitoring agency has identified a West Asian dust storm as the chief trigger behind the recent smog episode in the region. On November 8, the contribution of the dust storm was 40 per cent, eclipsing the role of emissions from stubble burning, which stood at 25 per cent, the Pune-based System of Air Quality And Weather Forecasting And...

-The Indian Express This book serves as a timely refresher of current efforts to establish action-based research models that can positively influence public policy Book: Sense And Solidarity – Jholawala Economics for Everyone Author: Jean Drèze Publication: Permanent Black Pages: 354 Price: Rs 795 Beautifully produced, with a catchy and moving introduction, this volume is a collection of Jean Drèze’s op-ed pieces written between 2000-2017. The original pieces are grouped by theme, with a short new...

-NetworkIdeas.org A slew of numbers released recently point to rather peculiar and contrary trends in India’s balance of payments. Exports have revived but the trade and current account deficits widen, pointing to an excess of foreign exchange expenditure relative to earnings. While the widening current account deficit points to a weakening balance of payments position, foreign exchange reserves are at record levels. The foreign exchange reserve increase is funded largely by capital...