-PTI/ The Hindu Nine low-pressure systems, including two cyclones, one deep depression and six lows, affected the country during the period. India recorded 125 extremely heavy rainfall events during September and October in 2021, the highest in five years, owing to the late withdrawal of the southwest monsoon and higher-than-normal low-pressure systems, India Meteorological Department (IMD) said on Tuesday. The country recorded 89 extremely heavy rainfall events in September against 61 in the...
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A cycle of low growth, higher inflation -Anand Srinivasan
-The Hindu Unless policy action ensures higher demand and growth, India will continue on the path of a K-shaped recovery In recent times, right-leaning economists have been arguing that the Government does not need to do anything with the economy and that it will revive by itself. They call those who disagree with them, doomsday merchants. These economists reason that, like after the Great depression, the economy rebounded worldwide, and so will...
More »Making decisions under stress -Anand Damani
-The Hindu The pandemic has made it more difficult for us to think rationally The COVID-19 pandemic has caused the biggest disruption to lives since the Partition in 1947 for those in India. It has caused dramatic shifts in our personal and work lives. It has, of course, caused illness and taken away many of our loved ones. It has caused many people to lose a substantial portion of their incomes. It...
More »Cyclone Yaas: Eight lakh people impacted in Jharkhand; about 12,000 people evacuated
-The Hindu/ PTI This is the first time in the history of Jharkhand that the State is facing such a severe cyclonic storm. As storm 'Yaas' enters Jharkhand, the State remains on high alert and has evacuated about 12,000 people to safer zones while operations are still on to minimise damage from the cyclone that pounded neighbouring Odisha and West Bengal, officials said Wednesday. The storm has weakened into a deep depression, and...
More »Cyclone Yaas likely to intensify into very severe cyclonic storm: IMD
-The Hindu/ PTI Cyclone Yaas is likely to intensify into a “very severe cyclonic storm” and cross the Odisha and the West Bengal coasts on May 26, the India Meteorological Department (IMD) said on Saturday. A low pressure area formed over the east-central Bay of Bengal and the adjoining north Andaman Sea on Saturday. While a low pressure area is the first stage of formation of a cyclone, it is not necessary that...
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