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Some good news: Farm sector likely to grow over 5%-Surojit Gupta & Sidharth

-The Times of India NEW DELHI: Agricultural GDP is likely to grow by over 5% this year thanks to the most abundant rains in nearly two decades, a government thinktank has forecast. If the prediction turns out right, it could help tame food inflation, provide a much-needed boost to rural incomes and a knock-on effect on other sectors of the economy. The demand for two-wheelers, tractors and mobiles, in particular, could rise...

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UN projects 40% of world will be online by year end, 4.4 billion will remain unconnected

-The United Nations A United Nations report released today projects that by the end of the year, 40 per cent of the world's population - 2.7 billion people - will be online, as mobile broadband has become the fastest growing segment of the global information and communication technology (ICT) market. The annual report of the International Telecommunication Union (ITU) also estimates that by the end of 2013, there will be some 6.8...

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India may achieve 2nd highest foodgrain output this kharif

-PTI NEW DELHI: India is likely to achieve the second highest foodgrain production at 129.32 million tonnes this kharif season (summer crops) on better monsoon, but rice output is seen declining marginally. Agriculture Minister Sharad Pawar said a record foodgrain production is expected in full 2013-14 crop year on account of good rain and "there will be a rebound in agriculture growth" from 1.9 per cent in the last financial year. An improvement...

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Kharif Foodgrain Output May Surpass 2012 Level: Pawar

-Outlook India's foodgrain production is projected to increase marginally in the kharif (summer) season this year to 129.32 million tonnes after more than half the country received normal monsoon rains. "Total foodgrain production in the kharif season of the 2013-14 crop year is definitely expected to be higher than last year's level at 129.32 million tonnes," Agriculture Minister Sharad Pawar told PTI. Foodgrain output stood at 128.2 million tonnes in last year's kharif...

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Pulling manufacturing out of the rut-Arun Maira

-The Hindu It is the only sector that can create jobs and prevent the economic crisis from deepening In the last two decades, the Indian economy has witnessed a transformational change to emerge as one of the fastest growing economies in the world. Economic reforms unveiled in 1991 have brought about a structural shift enabling the private sector to assume a much larger role in the economy. GDP growth has largely been...

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