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Helen tapers off, toll mounts to six

-The Hindu Hyderabad: Severe tropical cyclone Helen tapered off into a low pressure area on Saturday causing extensive damage to standing paddy crop and leaving six dead in the four districts of coastal Andhra region. According to official reports, six persons - two each in Krishna and East Godavari and one each in Srikakulam and West Godavari - were dead while paddy crop spread over 3.5 lakh hectares suffered extensive damage. In...

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Inflation eroding savings of Indians living in metros: Survey

-PTI Soaring inflation, high fuel cost, rising cost of education and health insurance premiums have eroded the real incomes of middle-class Indian families, with household savings rates dropping by a staggering 40 per cent in the last three years, says an Assocham survey. "Poor households are unable to maintain the consumption levels at current prices while middle income families find their purchasing power erode fast, thus having far less surplus money," Assocham...

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India: A Development Report Card-Riaz Hassan and Ishraq Ahmad

-Economic and Political Weekly Despite being the third largest economy in the world by purchasing power party, the living standards of India's underprivileged citizens are probably among the worst in the world. Even its much poorer neighbours, such as Nepal and Bangladesh, have fared better in areas of health and social development. Please click here to download the article. ...

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Mega land acquisition by Bengal for coal blocks -Rohit Khanna & Suman Chakraborti

-The Times of India KOLKATA: The West Bengal Mineral Development & Trading Corporation Ltd will acquire around 2,800 hectares of land for three coal blocks in Burdwan, one of the largest land acquisitions by any state-run agency since Trinamool Congress came to power in Bengal in May 2011. The corporation-which has already been pulled up by the coal ministry for delay in the project's execution-needs to take 1186.83 hectares for the Ichhapur...

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Sheila Dikshit promises drop in onion price today

-The Times of India NEW DELHI: Worried over the rising prices of vegetables, particularly onion, chief minister Sheila Dikshit on Wednesday assured that the prices will come down by Rs 3-4 per kg on Thursday. Dikshit said Delhi is not an onion producing state, yet the vegetable is being sold for Rs 60 per kg at Safal outlets, whereas across the country the average price is Rs 83 per kg. "Delhi has...

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