-Livemint.com/ Bloomberg Foreign exchange reserves dropped by $5.14 billion in the seven days ended October 12, the biggest weekly decline since November 2011, as the RBI stepped up action to prop up the rupee Mumbai: India made the biggest dent in its foreign exchange reserves in seven years as the central bank stepped up action to prop up Asia’s worst-performing currency. Reserves dropped by $5.14 billion in the seven days ended October 12,...

-The Telegraph The obsession with economic growth and the stock market hides other important facts about the condition of the economy Every time quarterly or monthly reports of the Indian economy are announced there is a reaction in the media. If the results are worse than the previous ones, then impending doom is forecast. If the results are better than the previous ones, there is unbridled optimism about future economic prospects. Both...

-TheWire.in The government claims 99% of Uttar Pradesh is open defecation free, but the ground reality shows this assertion is far from the truth. Lucknow/ Barabanki/ Meerut/ Shamli: Hetampur is a small village of about 1,200 people in central Uttar Pradesh’s Barabanki district, located 50 kilometres from the state capital Lucknow. The village has been declared open defecation free (ODF) under the Swachh Bharat Mission (Gramin). Urmila is a resident of the...

-Livemint.com Both fertilizer and agrochemical companies are highly dependent on imports for raw materials. With rupee depreciation exacerbating the rise in prices of raw materials, the profitability of the companies is expected to take a hit this year The forecast of a record foodgrain production in the ongoing kharif season has brought no cheer to agricultural inputs stocks. Shares of Rallis India Ltd lost 3% last week. Dhanuka Agritech Ltd slumped 12%....

-The Hindu The benefits being projected in Aadhaar’s name are not backed by the data The first death anniversary of Santoshi Kumar, a Dalit girl from Simdega, Jharkhand, was this week. She died of hunger, at the age of 11, a few weeks after her family’s ration card was cancelled by the State government because they failed to link it to Aadhaar. The Aadhaar judgment of September 26 provided an opportunity for the...