-The Business Standard As the southwest monsoon enters the last leg of its four-month journey, 2013 will be remembered as one of the best years in overall quantum and distribution of rainfall across India. More than expected rain so far have pushed up kharif sowing in a big way, which will not only add its bit to gross domestic product (GDP) growth but blunt inflationary pressures. If the intensity is maintained, India...
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For 30 bills, government slotted just 36 hours -Bharti Jain
-The Times of India NEW DELHI: In what raises questions over the government's seriousness in conducting legislative business, a study by PRS Legislative Research has found that though 30 bills were slotted for discussion in the Lok Sabha over 78 hours this monsoon, the 16-working-days session left scope for discussing them over just 36 hours. The calculation goes like this: the Lok Sabha sits for an average five hours daily - from...
More »Firm rupee, good crop could peg WPI at 5-6% by year-end: Montek
-PTI Pinning hopes on rupee stabilisation and the impact of a good monsoon in the coming days, Planning Commission Deputy Chairman Montek Singh Ahluwalia today said he expected inflation to hover around 5 and 6 per cent by the year-end. "With currency appearing to stabilise, I don't expect this (effect on inflation) to continue. I think if we can get moderation on the food front once the impact of a good monsoon...
More »July inflation accelerates to 5.79%: Government
-PTI NEW DELHI: Rising prices of onions and other vegetables pushed inflation to a five-month high of 5.79 per cent in July even as the government and RBI battled to stabilise the rupee. Inflation based on the Wholesale Price Index (WPI) was at 4.86 per cent in June. In July 2012, it was 7.52 per cent. The July number is above the Reserve Bank's comfort level of 4-5 per cent inflation. This is...
More »History shows humble onions can deep fry political class -Akshaya Mukul
-The Times of India NEW DELHI: It is no big deal that for a Parliament used to discussing and dissecting scams worth thousands of crores, the dissipating odour of onions hasn't reached its hallowed portals. For more than a week of the monsoon session little work has been done, and even less time has been spent discussing spiraling prices of essential commodities. After all, it has only touched Rs 100/kg and not yet...
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