-The Hindu Narendra Modi has to address not just the current stagnation in manufacturing but also look at ways of stimulating investments in the sector Prime Minister-designate Narendra Modi, it is said, sleeps just six hours a day. Even that could become a luxury as he buckles down to his job and begins the challenging task of turning around the economy. The economic legacy handed down to him by the United Progressive...
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WTO talks: Don’t harp only on fishery sops, says India -Amiti Sen
-The Hindu Business Line Tells US, others there must be progress in agriculture, industrial goods and services pacts NEW DELHI: India has said that negotiations on tightening fishery subsidies at the World Trade Organisation (WTO) pushed by the European Union, New Zealand and Chile should take place only after there is substantial progress in the areas of agriculture, industrial goods and services. Warning against ‘cherry-picking' of issues, the Centre said that the proposal...
More »India needs to do a lot more to effectively deal with El Niño fallout-Sanjeeb Mukherjee
-The Business Standard More, water levels in the reservoirs of southern India are below the 10-year average at 8.28 billion cubic metres As doubts mount over the impact of El Niño on the southwest monsoon season in 2014, India's preparedness to face a low rainfall situation seems to have improved in the past four-five years. However, there are many gaps to be plugged. For example, although the average water in major reservoirs across...
More »El Nino likely to cause loss of Rs 1,80,000 crore this year: ASSOCHAM -Soma Basu
-Down to Earth Studies indicate high food inflation As Met office predicts below normal rainfall because of El Nino this year, a study by the Associated Chambers of Commerce and Industry of India (ASSOCHAM) has projected a 1.75 per cent GDP reduction and loss of hundreds of thousands of jobs in the unskilled sector. The report released recently says that five per cent deficit rainfall forecast by the India Meteorological Department (IMD) will...
More »Bumper crop-but no smiles on faces of Punjab's farmers-Jaideep Sarin
-IANS A bumper wheat crop this season should have brought smiles on the faces of Punjab's hard-working farmers. But a variety of adverse circumstances, including the weather, has left them dispirited. The bumper crop apart, Punjab farmers have been forced to deal with unseasonal rainfall and thunderstorms in recent days with the harvested crop lying in the open in grain markets and agricultural fields getting wet and moisture content in the grains...
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