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New UN report cites 'unprecedented climate extremes' over past decade

-The United Nations The world experienced "unprecedented high-impact climate extremes" between 2001 and 2010 and more national temperature records were broken during that period than in any other decade, according to a United Nations report launched today. The report, The Global Climate 2001-2010, A Decade of Extremes, says the first decade of the 21st century was the warmest for both hemispheres and for both land and ocean temperatures since measurements began in...

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When incomes grow, but jobs elude -Sonalde Desai

-The Indian Express The latest NSSO data also underlines the increasing absence of women from the labour market Every time results from one of the "thick" rounds of the National Sample Survey come out, we get into a feeding frenzy, trying to slice and dice the statistics for changes since the previous round. Since NSS large rounds are typically conducted every five years, there is perhaps some sense to it, particularly when...

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Record rains in June aids power, agricultural output -Madhvi Sally

-The Economic Times NEW DELHI: Agriculture output is poised to accelerate and power deficits will narrow as the monsoon has begun bountifully in its first month, irrigating fields and filling up reservoirs with the heaviest June rainfall in more than a decade. Rainfall has been 32% above normal in June, injecting moisture into fields and preparing them for early sowing of kharif crops and reducing the farmer's need for electricity or diesel...

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Muted MSP hike positive for food inflation: Nomura

-PTI MUMBAI: The recent five per cent hike in the MSP against 15 per cent average hike in support price for farm produce in the last six years is likely to have only a nominal impact on food inflation Japanese brokerage firm Nomura said in its research report. Government last week raised the MSP of nine farm items, including some pulses and oilseeds, in the range of Rs 60-450 per quintal for...

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Support price of paddy hiked by Rs 60 to Rs 1,310 per quintal

-PTI NEW DELHI: Amid expectations of normal rain, the government today approved a hike of Rs 60 in paddy support price (MSP) to Rs 1,310 per quintal in order to encourage farmers to grow more in the ongoing kharif season. The government also increased the minimum support price (MSP) of pulses and oilseeds by up to Rs 450 and Rs 320 per quintal, to boost ouput and reduce import dependence. "The Cabinet Committee...

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