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A layperson's guide to understanding the global Human Development Report 2021/22

It is hard for the media to ignore the findings of global Human Development Report (HDR) whenever a newer and updated version is released. Every time when the HDR is published by the United Nations Development Programme (UNDP), media persons and commentators tend to compare the performance of their respective countries with that of performance in previous years as also with respect to the relative performance of other nations. One of...

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Supreme Court asks Union Home Ministry to collect reports from eight States on ‘attacks on Christians’ -Krishnadas Rajagopal

-The Hindu Bench clarifies it has not formed any opinion on the veracity of the allegations by petitioners The Supreme Court on Thursday directed the Ministry of Home Affairs (MHA) to obtain from eight States information about the registration of FIRs, status of investigation, arrests and chargesheets filed in incidents petitioners allege to be attacks targeting the Christian community and institutions. The eight States in question are Bihar, Haryana, Chhattisgarh, Jharkhand, Odisha, Karnataka,...

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Rare 3rd consecutive La Nina event underway, could impact agriculture -Himanshu Nitnaware and Shagun

-Down to Earth Southwest monsoon will likely extend till October, with detrimental impacts on Indian agriculture  Australia’s Bureau of Meteorology (BOM) predicted August 25, 2022, that a third consecutive event of La Nina could be underway, leading to additional rainfall along its east coast this summer. The BOM predicted a 70 per cent chance of the La Nina event. However, the United States and UK weather agencies have claimed that the phenomenon is...

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Cereal inflation would be hard to tame amidst low rice acreage

Is India going to face inflation in cereal prices during the rest of the current financial year? Experts differ on this. An analysis by Nomura Global Economics and CEIC finds that a below normal monsoon does not always translate into high retail inflation in food. Similarly, an above normal southwest monsoon does not always bring down the rate of food inflation. However, some agricultural experts (please click here, here and...

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107-fold spike in fake Rs 2,000 notes since 2016

-The Tribune Little impact of demonetisation Six years after demonetisation, the black currency market continues to thrive. There has been a whopping 107 times increase in the number of fake currency notes of Rs 2,000 denomination between 2016 and 2020. In a written reply to the Lok Sabha, Minister of State for Finance Pankaj Chaudhary today said 2,272 fake currency notes of Rs 2,000 denomination were seized in 2016, 74,898 in 2017, 54,776...

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